The Madisonian. (Canton, Miss.) 1850-1855, 1850-03-07

signed and sealed by the President o
the Board Of Police of said county,. an,
couniersigned by the Clerk Of sal,
Board with the seal Of the county at
tacbed.
Sec. 5. Be IL further enacted. ,bo.
said President, directors and COMPANY
may sell said Bonds or any part of them
provided they can be sold at par. and
invest the proceeds thereof in the con.
strnction Of said road.
Sec. 6. Be ID fariIer enacted. Tba,
the county Of Madison shall be entitled
10 three members Of the Board Of Di.
%rectors Of said corporation, who shall
be appointed by the Board Of Police Of
said county.
Sec. Z. Be it fart1er enacted, That
The question of subscription Of stock
by the county Of Madison in said Rail
Road, be submitted t. the people Of
said county at an election 10 be held on
the second Monday of April 1850, when
u It shall appear that a majority of the
number Of votes cast for the several
candidates for Governor of this State
ut the November election eighteen hun.
dred and forty nine, are in favor of said
subscription; then the said Board are
required to subscribe the same as here
in before provided, unless a maioritv
OF the number Of votes so east as afore.
said tor the candidates for Governor
shall vote in favor Of the subscription
OF said stock, then the question of sub.
scrlption shall again be fully submitted
I the people Of SAID county on the first
Monday Of November next thereafter.
and this act shall not take effect unless
a majority of the number Of votes cast
as aforesaid for Governor shall be in
favor of said subscription-provided
always that said Board of Police shall
not subscribe for said stock, nor issue
said Bonds until the sum of at least one
hundred thousand dollars shall have
been subscribed for stock in said Rail
Road by individual or company stock
holders.
Sec. s. Be il GrtEe, enacted, That
said Board Of Police,shall appoint too
or more persons for each precinct in
said county TO conduct said election.
whose duty 1t shall be to ask each voter
"
whether he is for or against the sub.
scription Of said stock, and record and
return the same to the clerk of the Pro.
bate court Of said county, 10 DO by him
reported to the said Board, pReyided
that none but qualified voters for me4ntSS
bers Of tho Legislature SHALL identified
to vote.
Sec. 8. Be Il fartlcr rncctea, That the
Board Of Police Of said county be aug
thorized, and they are hereby required
10 subscribe the full amount Of the thAs
per cent fund and all interest thereof,
now in the hands Of said Board, or mRy
hereafter come into their hands as addl-
tional county stock in said Road, and
that the dividend on the same shall be
appropriated by said Board as other
dividends arising under this act.
Sec. 10. Be ii furt1cy cnactcd, That
it shall not be the duty Of the Board of
Police Of said county, to subscribe said
three per cen fund, as stock in said
Rail Road. until after the citizens of
said county have consented 10 The sub.
scription of stock as provided for in the
seventh section Of this act. nor until
after tho sum of at least one hundred
Thousand dollars shall have been sub.
scrihed for stock IN said Rail Road by
individual or company stockholders
Sec. II. Be IL further enacted, That
the time Of holding said election shall
be advertised for at least four~ weeks
consecutivcly, preceding said election
in the Newspapers printed in the town
Of Canton, and by notices posted up at
i've of the most public places IN said
county.
Sec. 10. Be IL fart1er enacted, That
Ibis act shall go into operation and be
Of full force and effect from and after
its passage.
Passed the Senate 26th Feb, 1850.
J. A. ORR, Sec'y.
Passed H. Of Reps March 2, 1850.
3. P. RUSSELL, Clerk