Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-02-28
FmE GENERAL ASSEMBLY,.
Condensed Report Of Thurs
days Proceedings.

a senate.
NASHVILLE, February y, 1863.
Speaker S9nter introduced the follow
leg bill for the relief Of
UNFINISHED RAILROADS,
, which passed its first reading:
: WHEREAS, The Knoxville and Ken
2 lucky Railroad lacks nineteen miles @
. completion and whereas, the C0mpan,
e having said road in ehargs Is unable f
finish it without additional aid anC
whereas, it is considered eminently de
sirable that the road shall, in the short
est practicable time, be completed to the
Kentucky State line, for the following
{ (am1ng other reasons, t0-wtt:
; That the finished o a will develop the
immense mineral and agricultural re-
sources of the section through which il
will pass, thereby enhancing the value Of
the lands, increasing the prosperity Of
the people and augmenting the revenue
OF the State. That If will become a pr0mi'
nent part Of q great thoroughfare from
the OHIO Valley to the Atlantic coast
That it will render available q large body
OF mineral lands belonging TO the Com.
pany, and, fer this and the reason imme-
diateIy preceding, will place the Conn
pRny in d position to discharge, at an
early day, lis indebtedness to the State.
That the read, in its present incomplete
condition, can hardly pay its running
expenses, leaving the interest upon the
CJmpRny's debt to the State 3 burden
upon the State treasury. That this in
terest will, Ia four or five years, amount
to 8 sum large enough to finish the work.
That the road cannot now be sold at a
price that will bear any comparison with
its cost and
Whereas, It is not deemed advisable
to increase the Indebtedness OF the State
by an additional loan of her bonds to
sDy OF the companies hereinafter named {:
SECTION l. Be IL therefore enacted By
the General Assembly Of the State Of
Tennessee, That the Knoxville and Ken
lucky Railroad Company, the Knoxville
and Charleston Railroad Company and
the Cincinnati, Cumberland Gap aud
Charleston Railroad Company shall each
have the power to borrow such an
amount of money as msy be necessary
for the completion of their respective
roads, at any rate Of interest not exceed
ing eight per cent. per aRnum, both in
tsrest and principal TO oe paid out Of the
first net earnings Of said roads.
Sec. 3. Be it fuTtheT enacted, That the
said companies shall be and they are
hereby fully author zsd and empowered,
respectively, to pledge their road beds,
rolling stock, real estate, personal prop
erty, franchise, and their assets of every
description, as the security for the re-
payment of any loan which may be ne
gotisted under the first section Of this
act.
Sec. 3. Be 1t further enacted, That all
contracts for work to be done by the
companies hereinafter named shall be
-.,IS.ak - tha m fs-fa offDn Or rafaaffnn IF
the Governor, Comptroller and Secretary
OF State Of Tennessee, or q majority Of
them.
Sec. 4. Be 1t further enacted, That
this act shall take effect from and after
its passage.
INAUGURATION OF THE GOVERNOR.
The hour having arrived when the
acting Governor was to be i~nauguratsd,
the Senate proceeded in u body to the
House.
Speaker Richards called the House to
order, and explained the object for
which the convention was about to
inset, Immediately after which the new
incumbent entered the hall, under the
escort of Messrs. Bosom, Smith and
T~hOruburg, of Jefferson, who had been
selected by the House to perform thai
duty, followed by the members of the
Senate. Mr.. Senter tCck hs seat on the
right of Speaker Richards. Col. Nelson,
Clerk OF the Senate, thea read the joint
resolution providing for the peculiar
business Of the occasion, and Judge
~Sna1kelf"rd administered the oath OF
Office 10 Gov. SenteT, who proceeded TO
read the following
INAUGURAL ADDRESS.
Gentlemen osthe Senate and House OF Repre-
ssntailves:
The resignation by Gov. BrowDlow OF
the powers and duties Cf the Office Of
Governor OF Tennessee i'm poses Upon me,
IS Speaker Of the Senate, il pursuance
of the twelfth section OF the third article
of the Constitution, the duties and re-
sponsibilities of that office.
Tne labor incident to the restoration of
law and order in our State, forced from
It's ancient moOrings by the sweeping
current OF rebellion, has devOlved on the
administration Of my predecessor, whose
services Is Governor have been distin~
guishad not less by devotion to the prin-
clples on which is based our National
Ueion than q firm aud unwavering pur-
pose to establish, amidst conflicting ela-
nents, the civil and peaceful! relations of
the people Of the State.
1 am deeply impressed by the msgui-
tude of the responsibilities | sm about to
assume. Most ~ardently could I wish
that some one more able should have
been chosen to administer the Executive
Department Of cur State for the remsiB-
der Of the term TO which nay predecessor
was elected. Not, however, That L am
wanting in appreciation of the high
honor Of presiding over so gallant
and noble a State as Tennessee. She
- IL -. - as hath ~, ha&,,
of NV childhood. In her soil are Gepos-
Ted the ashes of nay ancestors and kin
dred, Her interests are nay interests,
and, while l would make no ~in7idious
distinction or sectional comparison, I
will say that L love T5nnessee-nOt more
for her fertile valleys, her majestic
rivers. her lofty mOuntsins, her mex
haustible treasures Of mineral Weslth,
than fer the excellence OF her brave and
industrious people. To be Governor of
such q State, and to add anything to the
prosperity of such q people, ought to
crafty the ambition Of any one. Feeling
the full influence OF this emotion, l trust,
then, gentlemen, that you will pardon
me for expressing distrust Of my ability
to discharge the responsible duties of the
high Office to which | am called.
In cooperation with the other State
officials, ig will be my earnest desire and
effort to faithfully serve the resl interests
of Tennessee and her citizens by re-
dusirg, in ali practical ways, the liabili-
ties Oh the State, and by ecOnOniZing in
expenditures, by maintaining unim-
paired our financial souadness and
credit, by preserving 10 the most efficient
operation the present Common School
system, by giving full play to our extern
sive internal Improvement system, by
promoting AID preserving peace, order,
enforcement Of the laws, security of life
and property IN all parts Of the State
alike-in q word, to labor to the utmost
practical degree 10 bring Tennessee to
that measure of prosperity and glory to
which her geographical position and her
inexhaus.lbie resources em%iaently en-
title her. la my efforts to do al, 1t is
not too much to ask or to expect the
,haer'ul cooperation Of ali good citiz 3ns
Of all classes, sects and parties.
L. q few days your legislative lsbors
will have been brought to q close, and
vOr4 will rafurn N -uur rocnaaiiyo hOnQne