Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-03-10
COUNTY ELECTION.
ELECTION NOTICE.

II a.
e-.,, .ho Mounh;. Holly snrines. Oko-
,vltne.x ea,,,,a II IA rnf,pa,,v- ~
io 1,hosa who favor the subscription shall
harao an their tickets the words ''F0R SUB
rrSSppT v'rfalN 'rhose WIN oppoao the sub
SIN sh.ll nav. on their tiokets 'NO
sIiiiiBSSsclSR iII ~ : IN sa
| -Iist ~ 1lIieers Judges and Clerks will be
nnh h5. ~ u Sefofe ne Sav Of the election.
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| e1y rSHi'' % ~ JsSuARY TERN. 80
THURSDAY. january 8, iS71. q
| vldsi7Al I'LL III n :, N. Tlla 49,
State Of Tennessee, Shelby County-County
Court, Quarterly Term. january, ISL.
|, I'm Omen Session. .lf,f.f.. .r.
The Selma. Marion and memphis railroad
| Company Of Tennessee and mississippi, for
| merly the Memphis. Holly Springs, Okolona
| and Selma Railroad Company. by their Presi-
dent, N. b. Forrest, and q majority Of the
| Directors, having applied 10 tnis vourI 10
take, on behalf Of the County Of shelby, FIVE
| Hundred Thousand Dollars (SoOO,UO) .of the
| Capital Stock Of said Company. and believing
that the interest Of the people Of the County
will be greatly promoted by the speedy con-
struction Of said Railroad m.
1t is therefore ordered BY the Court, That
Five Hundred Thousand Dollars be sub
scribed to the Capital Stock OF the sala COM
pany, to be paid IN hve annual instaiiments
Of One Hundred Thousand Dollars eacn,
without interest, upon the Following terms
and conditions, viz; x
I. The Western terminus OF SAID hailroad
shall be and always remain at Memphis,
Tennessee. Hsi h
2. The money paid under this subscription,
or the certificate Of indebtedness hereinafter
authorized to be issued, shau pc applied !:
First-To tho grading. bridging and masonry
Of that portion Of the road within the cSMI am
phis and completing 1t continuously. ready
for the suPerstructure, 70 tne county line.
Secondly-To the purchase Of cross ties, iron
rails and fastenings suinelent 10 lay the track
the purchase Of locomotives and ears sum,
eient to operate that portion OF the ROAD
within the County, and to the laying OF the
track over tho same. fourthly-IQ tne cree
ton of such depots, platforms, section houses,
machine shops. turn tables. water stations.
and the purchase OF such macnlnery lor tne
shops as may be necessary Tor the economicai
operation Of the, road. Flfthly-ohould any
portion of the subscription remain after thar
part Of the road in Shelby County Is fully
completed and equipped as q hrst-class ROAD
in every respect, then such incorporated por-
ton shall be applied to the extension OF the
road into Mississippi. in the same order and
for the same purposes as rosulred 70 be q.
pended in Shelby County; and no part OF the
money hereby subscribed. nor Of the csItlii;
to be issued, shall be used for the payment Of
officers salaries. commissions. ONCE rent,
printing. stationery, OF 2tner keneIai or mis- rs
celaneous expenses OF the company. nor for
right Of way or depot GROUNDS, ana any Vloia,
ton of these conditions on the part Oh ine SAID
Railroad Company snail render TINS SUD
scription wholly void, as to all further pay
ments. JOSH it1 t1.
3. Before any portion OF the money herein
subscribed shall be paid over TO SAID railroad
Company, aud before any certineate OF IN.
debtcdness shall be delivered to the said
Railroad Company, the President. of said
Company shall file with the Clerk OF the
County Court an accurate and full Topo-
graphical Map of the final location Of the