The Lancaster gazette. (Lancaster, Ohio) 1846-1852, 1850-02-15
CoLuMBs, Feb. IL, 1850

Bill forMe Sale Of The ZaneSoiHe and MaysuiHe
ROad--Gredt number Of PetHiOns-COunfy
Subscriptions 10 Public Improve mrhts-- Free
Soil Candidates for Secretary Of State--Ihe
appropriation Blu.
Mr.. EDIToR-l have obtained in ad-
vance, copy of the printed bill for the
sale of the GAINESVILLE and Maysville turn
pike road. 1t was introduced by Mr..
Whitman who is warm friend of its pas
sage. Indeed its provisions ale so fair.
that it is difficult TO see how reasonable
obiec ection to The bill can be taken. The road
is paying nothing now, and its creditors
are consequently suffering. By its sale,
the capital will be reduced-the debts
paid-the road completed, and the purch.
asers may look for a reasonable profit on
the investment they make.
WHEREAS, 1t has been represented to
this General Assembly, by the President
and Directors of The GAINESVILLE and Mays.
vile turnpike road company, that the un-
paid debts of said company, exceed the
sum of one hundred thousand dollars,
aud that the balance of tolls remaining,
after making repairs aud paying expen.
ses, is the only fund for the payment of
said debts, and that said balance, so re.
naming as aforesaid, is not sufficient to
pay the annual interest of said debts;
aud whereas the only practicable mode
of raising fund to pay said debts, is by
sale of the road, and this General AS
sembly has been besought by said
President and Directors, and also by a
memorial of the Stockholders TO author
ize such SALE Therefore
SIC. 1.--Be n enacted &c. That As.
bury Bassett, the receiver of said road
appointed by the Supreme Court of Fair
field county, Ohio, in the case therein
pending, wherein Myers & Coulson are
plaintiffs aud the said road company are
defendants, do proceed to sell the said
road, and all the franchises, property
and properties, and privileges belonging
to the said corporation, at public sale to
the highest bidder, before the door of the
Court House in the city Of Chillicothe be
tween the hours of 10 A. M. and 4 P. M
after having published a notice Of such
sale for sixty days prior thereto, in one
or more of the newspapers published al
GAINESVILLE, Somerset, Lancaster, Circle
vile, Chillicothe and West Union, il
Ohio, and Maysville in Kentucky, pro
r vided that the sale so 10 be made, shall be
for sum not less than sufficient to pa,
all the ascertained debts of the company
and the probable expenses Of the sales
to be made known on the day Of sale
, by said receiver.
I, SEo, 2.-That any person or persons
who shall become the purchaser or pur
chasers of said road, as provided for il
the first section Of this act, shall be bount
to finish, either with gravel or broker
r limestone, or by good and sufficien
double plank track, the unfinished por
tions ofsaid road lying betweenthe towns
, of Zanesvile aud Chillicothe, and bull,
good and sufficient bridge across iona
than's creek in the county of Musking
um, at the point where said road crosse,
+ said creek, within four years next afte
the confirmation of said sale, as hereinaf
ter provided for; and shall also complete
the unfinished portions of said road be
tween the towns of Bainbridge, in the
county of Ross, and Aberdeen in the
r county of Adams, either with gravel ol
: broken limestone, or good and suffi
cient double plank track as aforesaid
within ten years next after the confrma
tion of said sale.
SEC, 3.-Provides that ifthe road shal