Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1870-07-22
TENNESSEE.
PUBLIC LAws-oFFlCrAL.

| An act appointing Commissioners under certain
circumsta2ces to lease delinquent railroads.
Section l. Be it enacted by the Cen
eral Assembly of the State of Tennessee,
That the Governor of the State, the Sec
rotary of State, and the Comptroller of
the Treasury, and Robert ]. Mckinney,
of Knox county, Francis B. FOgg, of
Davidson county, and Archibald Wright,
of the county of Shelby, be, and are here
by appointed Commissioners on behalf
Of the State, to lake possession and
control of all the delinquent rail-
roads of the State, which have
failed to pay the interest which has
accrued upon the bonds of the State of
Tennessee, issued to them severally, and
which railroads the said Commissioners
have been unable to sell and dispose of,
under the laws of the State, as now or
hereafter provided, and they are hereby
authorized to lease them for term of
years to any person, persons, company or
companies, that will bind him, them or
itself in good and sufficient bond, with
ample security or securities, conditioned
thathe, they or it, will take possession ofthe
road with all its property and fixtures, and
will, in good faith, operate said railroad
for the length of time agreed upon, and
that he, thoy or it, will keep said railroad
and its rolling stock in proper repair, for the
purpose of preserving it from destruction;
that he, they or it will, semi annually pay
into the Treasury of the State in money
or past due coupons, clipped from the
bonds of the State of Tennessee legally
issued for any purpose, an amount equal
to the sum due on the bonds of the
State of Tennessee issued in aid of said
railroad company, with full power to put
the lessee or lessees in possession of said
road, its property and fixtures. , 80 +.
Sec. 2. Be it further enacted, That in
the event said Commissioners cannot lease
either or any of the delinquent railroads
of the State, under and by virtue and
upon the terms and conditions expressed
in the first section of this act, then, and
in that event, they may lease said railroad
to any person; persons, company or COM
panies, upon such terms and conditions
as they may deem best to secure the in
terest of the State and place the lessee or 4
lessees iD possession, subject however to
approval or rejection by the General As
sembly Of the State, to whom the Com
missiOners may report their action.
Sec. 8. Be it further enacted, That if
any Receiver having control of either of
the railroads of the State, and which
road may be leased by the Commissioners
under the first or second sections of this
act, shall refuse to give possession of said
railroad track, railing, rolling stock, etc.,
to the lessee or lessees upon demand,
the Governor of the State shall issue his
warrant to the sheriffs of the different
counties through which the road may
run, commanding them TO put the lessee
or lessees in possession of the railroad,
its property and effects, and the Receiver
so refusing shall be guilty of high crime,
and upon conviction shall be fined in a
sum of not less than one thousand dol
lars and imprisoned at the discretion of
the court. ~
Sec. 4. Be it further enacted, That
less number than four of the aforesaid
Commissioners shall not be competent to
perform any of the duties required by the
provisions of this act.
Sec. 5. Be it further enacted, That
as the public welfare requires it. this act
shall take effect from and after it passage
Passed July s, 1870.
w. ON. PERKINS,
Speaker of the House of Representatives.
ID. B. THOMAS,
Speaker of the Senate.
Approved July 8, 1870.
d. w. G. SENTER,
Governor.
| certify that the above is a true
copy of the original, now on file in my
Office. I. H. BUTLER,
Secretary of State.
An act to repeal an act changing the county lines
between the counties of Roane, Anderson and
Morgan.
Section /. Be it enacted by the Gen
eral Assembly of the State of Tennessee,
That an act passed March 10, 1858,
changing the lines between the counties
of Roane, Anderson and Morgan, be, and
the same is hereby repealed, and that
the lines between the counties of Roane,
Anderson and Morgan be reinstated as
they were before the enactment of the
aforesaid act, which this act is intended
10 repeal.
Sec 2. Be it further enacted, That
this act take effect from and after its
passage, the public welfare requiring the
same.
Passed June 90, 1870.
w. ON. PERKINS,
Speaker of the House of Representatives.
D. B. THOMAS,
Speaker of the Senate.
Approved July 7, 1870.
d. w. G. SRNTER,
Governor.
l certify that the above is true
copy of the original, now on file in my
office. T. II. BUTLER,
Secretary of State.