Page:United States Statutes at Large Volume 23.djvu/57

FORTY-EIGHTH CONGRESS. Sess. I. Ons. 55, 57. 1884. 29 shall be paid by the Secretary of the Treasury of the United States on the drafts of the President and Secretary of the board of management of the \Vor1d’s Industrial and Cotton Centennial Exposition authorized by order of said board, one-third of the amount immediately after the passage of this act upon being satisfied that five hundred thousand dollars has been contributed and paid in, to the said board for the purposes of the Exposition by the contributors to, and shareholders of the World’s Industrial and Cotton Centennial Exposition, and the remainder in four monthly payments thereafter upon being satisfied that each of the prior payments has been faithfully applied as required by this act, and for this purpose he shall have free acces to the accounts and all transactions of said board: Provided further, That no greater amount shall Prwiwbe expended or liability, or indebtedness of any kind incurred upon build- Limit of exponings, grounds, and preparations than the aggregate sum that may be paid °°S· °*°· in, by the subscribers to the capital stock and by donations and the amount of the loan provided herein: And provided further, That in the distribution Provuu. of the amounts that may remain in the treasury of the board of manage- Distribution or ment after the payments of the current expenses of administration the P'°°°°*1°» °*°· amount of the appropriation hereinbefore made shall be paid in full into the Treasury of the United States before any dividend or percentage of profits or assets shall be paid to the holders of said stock or contributors: Provided further, That the Government of the United States Government of shall not, under any circumstances, be liable for any debt or obligation *1**1- S- ¤°* 1**1*1* created or incurred by the World’s Industrial and Cotton Centennial f"` mm" °t°‘ Exposition, or its board of management, or for any sum whatever in addition to the amount appropriated by this act; and that adequate space to be determined by the President of the United States for such Snape fvr U- 8- exhibits as the Government of the United States may see proper to °"1“1”*· make at said exposition shall be furnished free of all charge by said board: Proridedfurther, That no sum shall be paid to the said board Pmmo. of management of said exposition until after the president, secretary and a majority of the members of said board shall have executed a bond, £:i;*i*1» °”*°'¤**· with good and solvent security, to be approved by the Secretary of the °° °°°° Treasury, in the sum of three hundred thousand dollars, to suiiieiently secure the safe-keeping and the faithful disbursement of the sum hereby appropriated, and for the faithful observance of this act with regard to the limitation of expenditures and liabilities as iixed herein, and for the repayment to the Government of the United States of the surplus of proceeds of said exposition remaining after payment of the current expenses of administration, said repayment in no case to exceed the loan herein appropriated and provided for: And provided further, That the MM- receipt of the loan herein made or any part thereof by said board of · management shall be a full acceptance of all the trusts conditions, provisions, and obligations of this act by the said board of man agement and by the corporation created under the laws of the State of Louisiana and designated as “The World’s Industrial Cotton Centennial Exposition.” Approved, May 21st, 1884. CHAP. 57.-An act to authorize the construction of a bridge over the Rio Grande Mw 29, 1884- River between the cities of Eagle Pass, Texas, and Piedras Negras, Mexico. *;‘_‘* Be it enacted by the Senate and House of Representatives of the United _ States of America in Congress assembled, That the Rio Grande Bridge R11¤é18° &"°§.°1*° and Tramway Company, a corporation organized and created under and bégweggu c‘§m,;vg{· by virtue of the laws of the State of Texas, be, and is hereby author- Eg le pm, nr., ized and empowered to construct, own, maintain, and operate a street- ang Piedms No railway bridge over the Rio Grande River between the city of Eagle 8'”¤ M°‘· Pass, Texas, and the city of Piedras N egras, in the States of Coahuila, Mexico, at such point as may be most convenient to said corporationyto unite and connect the street railroad to be constructed by them in the