Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-10-24
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sheriff OF Shelby county.

Shelby County Quarterly Court, October
Term, ~, Thursday. OctObsr6 6. I87L-
kAHE Memphis End Raleigh Railroad Com
Pany, having applied to this court
through tbclr repre- enlatiVe8 Tor the mar an
the credit OF Shelby comfy, TenneEsee- a.
tndorssr or guarantee on the boudB OF said
company 10 the amount OF E5LGO payable
st Is years rom date Of issue. bearing eight
PSI cent interest. with coupons attached,
payable semi annually. AZ the ONCE Or said
com in the city ofMemphls, said bonds
70 ba issued By the company and Endorsed
by the county whenever the company shall
have FIRST graded, brtoged and tied the entire
road from Memphis to Raleigh and paid for
tAe same. and when Issued the same shafLb be
and constitutes Ilen superior 70 all others ia
favor OF the county upon the road, Iron, ties,
bridges, rolling stock, engines, privileges
and franchises 70 securs the payment Of said
bonds and coupons at maturity; and beiiey-
ing That the construction Of said railroad
viii promote the interest Of the people or
Shelby county, aud thai the county will be
protected in the indorsemento Of said bonds:
10 Ia therefore ordered by the Court, That
the Chairman OF this Court be and ne Is mere
by authorized and directed 10 indorse IN the
bonds OF the Memphis md Raleigh Railroad
Company described, as aforesaid, &C tbs
amount of any Thousand dollars. whenever
the President and DtrsotOr OF said company
shall AVE certified to and satisfied him that
said onpany has graded, bridgsd and tied
the entire rQad from Memphis 20 Raleigh
and paid for ke same, and the credit % Shell
by county Is hereby pledged for the payment
OF said bonds and coupons at maturity therof
Z Inal this loan OF the credit OF shelby
count shall become binding only when rat
ined by the constitutional majority OF the
legal voters OF the county, and to test their
sense OF this question;
IL Is hereby ordered, That the Sheriff OF the
comfy make publication in tWodaily papers
published In Memphis OF an election % be
held Tor thai purpose at the regular voting
precincts OF the county, on Saturday. the
nth Of November, 1871, aud that q copy OF
his order be, with the notice OF ths election,
published for Thirty days preceding The cleo
ton.
g. Those who favor the loan shall, at said
election, write or print on their ballots the
words, "a For Loan" and those Who oppose
the same shall write or print On their ballots
the words, " No Loan" and the sheriff shall
Immediately after the election make return
thereof TO the Clerk OF the County Court OF
the number Of the votes poiled for and
against the loan, and the cierk shall there
upon certify 10 the Chairman OF this Court
the result of said election The c0mpan
will pay all costs incident to the election.
Ayes: EsQuires Withsrfngton, Giles, Hale,
Spellmsn, winters, Moncrisl, Pullism, Cald-
well, Brewer, Buntyn, Hoegel, Brown, Burke.
Elliott, Moore. Miller, 6lisaon, Brooks and
Stone-lS; nays: Esquires Walker, Jones
and Holeman-3.
Witness my hand and seal OF ONCE at
office, In the city of Memphis, Tennessee,
this 9Th day Of October, A. ID. ISu.
JAMES REILLY, Clerk
o. II