The Athens post. [volume] (Athens, Tenn.) 1848-1917, 1854-06-02
THE TENNESSEE, WESTERN AND
CHARLESTON RAILROAD.

| 1HE lENNLSoLfI, WLo EnN AMI
CHARLESTON RAILROAD.
Below will be found several provisions of
the Charter of the Tennessee, Western and
Charleston Railroad, to which we respectful
y solicit the attention of all who feel an
interest in the enterprise. We have hereto.
fore urged upon our people the importance
of this work, and the existing necessity tina:
they should do something in the way of an
Immediate subscription for Stock, and that
unless Rpve at once in the matter,
others = the facilities and advanta-
geS tends' |Ould be diverted in another
direction. WAgiher our people intend to
avail themselves Of the suggestions made, by
n prompt and liberal subscription, or permit
the opportunity to pass unimproved, remains
to be seen. The Directors will proceed to
select route in short time. Large sub.
scriptons are being made in other directions
and if we stand idle, with our hands in our
breeches pockets celebrating about the mat.
ter, the result can easily be foretold. 1t will
be remembered that this railroad has State
aid ut the rate of ten thousand dollars per
mile, from its Southern to its Western ter.
minus, and also one hundred thousand to
bridge the Little Tennessee, so that it is on
ly necessary to raise means to grade the
Road to insure its completion. We do
|
trust the citizens of this town and county
will give the subject their earnest attention,
and at once take such steps ms will secure
the object we have alluded to. Delay is al.
ways dangerous-and particularly so in this
case. Now is the tme--now, or never.
Sec. l. "'That for the purpose of establish
ing II direct communication by railroad be.
tween the state of Tennessee and the city of
| Charleston, and to form Il connection with the
railroads that have their terminus at the city
of Chattanooga, the formation of a company
is hereby authorized, which when formed
shall be body corporate, by the name and
style "The Tennessee Western and Char.
lesion Railroad Company"
Sec 3S. The said railroad shall connect
with the Blue Ridge Railroad, ut the line be.
tween the State of North Carolina and Ten
ncsscc, on or near the Little Tennessee River,
or with any railroad or railroads that may be
made from that point to Knoxville, which
shall be the southeastern terminus of said
railroad, and the said railroad may connect at
its western terminus with the Chattanooga,
Harrison, Georgetown and Charleston, or
N&h other railroads that may be hereafter
made from Chattanooga to the East Tennes-
see and Georgia Railroad; provided, it is us
near and practicable us route to the said point
on the said Little Tennessee river or the
said railroad may have its western terminus
at Chattanooga; and it shall be tho duty of
the directors Of said railroad company, to 10.
cate said railroad on the nearest and most
practicable rOut from the point where it will
be the most convenient to leave said little
Tennessee river to Chattanooga; and it shall
be their duty to have such routes rs they may
deem necessary surveyed by competent en-
gincer or engineers, and ascertain the nearest
and most practicable route. all things consid-
cred, and located the road accordingly. 1t is
hereby declared that it is the true intention
and meaning Of this act, to have said railroad
so located and made rs to have n through
route from Chattanooga to the Blue Ridge
Railroad company, on tho little Tennessee
river, rs aforesaid, on the nearest and most
practicable route every thing considered,
which may be done by connecting with other
railroad companies; provided, it can be done
so MS to make the route MS near and as practi-
Sasyle bstwoon said points horsiiLeforo
provided.
SEC. 80. The said railroad company is here.
by authorized and fully empowered to anal.
ganlatc its stock with, or transfer it TO any
other railroad company, whose railroad con.
meets Herewith, as heretofore provided; which
said amalgamation or transfer shall carry
with it all the rights and privileges and benc-
fits Of said company. And any railroad com.
pany whose road connects with said railroad,
is hereby authorized and fully empowered to
receive said anna! gamation, assignment or trans
fer of stock as aforesaid, upon such terms,
conditions and restrictions as the respective
companies may agree on; and the companies
may SO amalgamate rs to constitute but one
company, which shall not be done except by
the consent of the stockholders; and any of
the stockholders in either of the companies
thus amalgamating, that do not consent there
to, shall have the right to forfeit their sub.
scriptions; provided, they notify the president
of the company in writing, within sixty days
after said ANAL gamation is formed, and not
otherwise.