Southern pioneer, and Carroll, Choctaw and Tallahatchie Counties advertiser. (Carrollton, Miss.) 1840-1842, 1841-08-14
The Communication of "Linkum Fidelius q
Co.. shall appear next week.

The communication of "Linkum fldeilus o.
Co.," shall appear next week.
n-7IMpORTANT TO THE PUBLIc.n
AS the Public generally sre not aware OF an
sactv passed at the last session of our Legisla-
ture granting certain privileges, below specifi-
ed. for the construction of a Turnpike Road
from this point to Greenwood, on the Yazoo
River, we embrace the earliest opportunity OF
laying it before them, by making publication
of the act in our paper. II is of the utmost
importance to the planting community, and
to the people in general of North Mississippi,
that the acquisitions of the act, for-whose bene-
fit the charter was granted, be carried into i'm
mediate operation. The whole resources of
the country north and east of this place are
undoubtedly destined to pour into that point
on the Yazoo river-and indeed it may be said
to be the head of navigation. Such being
the fact, we hope those interested will look to
the subject with no little degree of Importance.
GAN ACT, to authorize tie construction of
Turnpike Road from Greenwood, on the
Yazoo Rirer, to the Valley Road, tn Carroll
county. 81
SECTION l. Be 1t enacted by the Legislature
Of the STATE Of Mississippi, That for establish
ing and constructing Turnpike road from
Greenwood. on the Yazoo river, to the Valley
Road. in Carroll county, books of subscription
may be opened at the town of Carrollton I'M.
der the superintendance of Samuel Hart, Jo-
seph Drake, and James Wellons, and at Green
wood under the superintendance of John G..
Harris and A. G. Chisholm, and may continue
open until the sum of twenty thousand dollars
is subscribed for in shares of fifty dollars each,
and as soon as the said sum of twenty thou
sand dollars shall have been subscribed, the
said commissioners shall give public notice
thereof in any newspaper published in the
county of Carroll to the stock holders, requi-
ring the said stockholders to convene at such
time and place as may be therein designated,
and when thus convened the said stockholders
shall elect from among themselves five direc.
tors, who shall elect president from their
own number, and the president and directors
thus chosen shall continue in office two years
from the time of their election, and at the
Expiration of the said term, their successors
shall be appointed for like term by the stock
holders, upon ten days notice of the time and
place of meeting for that purpose, to be gwen
by the said president and directors, or any
two of them.
SEC. 2. Be it further enacted, That as soon
as the said sum of twenty thousand dollars
shall have been subscribed, the subscriber.
shall be body corporate by the name and
style of the Carroll Turnpike Company, fol
the term of twenty-five years, and by thai
name shall be capable of purchasing and hold.
ing so much real estate as may be necessary
for the construction of the said turnpike anc
for the depots, and of making any contrac
that may be necessary for constructing and re-
pairing the same, and shall also be capable by
said name to sue and be sued at law or equi
Ity; and may make and execute all bylaws
which may be deemed expedient or necessary,
not inconsistent with the constitution and
laws of the state.
SEC. 3. Be it further enacted, That each
subscriber shall be required to pay the amount
of his subscription, as follows one third there
of at the time of subscribing, one-third there
of at four months from the time of subscrib-
ing, and remaining third at eight months from
the time OF subscribing; the said first instalment
to be paid to the said commissioners, and the
second and third instalments to the president
aud directors. for the time being, or such
person as they may direct; and if any subscri-
Der shall refuse or neglect TO pay any install
ment when the same shall fall due, the stock
subscribed for by him and any money which
may have been paid thereon. shall be liable to
forfeiture But it shall be discretionary with
the president and directors to exact the for
fixture or to compel the delinquent subscriber
! to paw IN the amount of ,l,ocy;v+;on