Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-11-04
MARCUS ]. WRIGHT.
Sheriff OF Shelby couni

Shelby County Quarterly Court, October
Term, 1871, Thursday. October ), I'LL
EtHE Memphis and Raleigh Railroad Com
Panys having applied 70 this eonrt
through their representatives for the loan on
the cred1t Of shelby county, Tennessee, as
tndorEer OF g~usranter On the bonds cf Ezid
company 20 the amount OF S53,c9a payable
az Is yearg nom date OF issue. besrfng eizht
Per cent. interest. with couDOns attached.
payable sent-aGuuaily, Al the once or said
Company In the els OfMemphls, said bonds
20 pc Issued By the company and indorszd
DT the cou1sV Whsnage the Comnanv shall
have arst graded. eridged and tied ths entire
road from Memphis 70 Raleigh and paid s5r
tie same, and when issued the sams snail be
and constitute alien superior 70 al othsrs In
IaFor ofths county APO the road, iron, ties,
ridges, roLIEg stocks engines, privileges
and franchises 10 5ecurs the payment OF Esid
bonds and COupons at maturity; and befiev-
Ing inst the construction OF said railroad
VIII promote the interest OF tbs pa0DIs 81
Shelby county, and that the county VIII De
protected in the indorssmeuE Of said bonds:
II e therefore ordered By the Court, That
ina Chairman Of this Court be and he Is here
by ~acthOriz5d and directed 20 indOrss IN the
and on bshaf or SheIby county tbs
bonds OF the AsmphH and Raleigh Railroad
Company described, Gs Aforesaid. tc the
mount OF my thousand dollars. whenever
the President and Director OF said enmpEnv
shall have certtfedto and satisfied him that
said company has graded, bridged and tied
the entire road from Memphis 70 Raleigh
and paid for h amt. auathe credit OF Shell
BY county IS hereby pledged for the payment
- 64AA 49, L0A[CAa - 44EALAANL H4EL4Aa
Z That this o. OF the credit or Shelby
county SHAH become binding only when rat
ided by TIA constitutional majority OF tins
leEal voters OF The county, n to test their
sense OF tats question;
IL is hereby ordered. That the Sheriff Of the
county make publication IN two daily papers
published in Memphis OF an election 70 be
held tor that purpose at the regular vOtfrg
precfDc.S Of the county. on Saturday. ths
llth Of November, 1871, and that 8 D OF
this OrdsT be, with the notice OF ths election,
pu5Iished for thirty days precsdIng the cleo
ton
3 Those who favor the loan shall, at said
election, write or print On their ballots the
words, " FOR Loan" and those who oppose
the same shall Erits or print on their ballots
the words, " No Loan" and the Sheriff shall
Immediately sitter the election max rsturu
thersOf 10 the CLERK Of the Comfy Court OF
the number Of the votes polIed for and
against the loan, and the clerk shall there
apan certify to the Chairman OF this Court
the result OF said election. The company
VIII pay al costs incident to the election
EsQuires Wtthe-ingtOn, Giles, Hale,
Speilman. winters, Loncrfsf. PuIliama Csld-
well, Brewer, Buutyn, Hoegal, Brown, Burke,
Elliott, Moore. Miller, ellison, Brooks and
stOne-l9; nays: EEquirss walker, Jones
and H~Olemau-3.
Witness my hand and seal Of ONCE at
Office, IN the city OF Memphis, Tennessee,
9th Gay OF October. A. D.Isu,
JAMES REILLY, CLERK