Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-10-23
MARCUS j.
sheriff OF Shelby county

Shelby County Quarterly Court, October
Term, lsIl, Thursday. October 5, I67l.
THE Memphis end Raleigh Railroad Com
4 amy having applied 20 this e0urt
through their representatives for the loan on
the credit Of SheaBy county, Tennessee, as
indorser or ~guaranter on the bonds OF Eafd
osnpany to the amount OF $4,000. PAYABLE
a 10 yesrs rom date OF issue. bearing eight
per cent. interest. with coupons attached,
payable semi-annually, al the Office Of said
company, in the city OF Memphis, said bonds
to be issued by the company and Endorsed
by the county whenever the companys shall
have hTst graded, brtdged and tied the entire
road from Memphis TO Raleigh and paid for
The same, and when Issued b same shall be
snd constitute atien superior 70 ell Others IN
favor OF the county upOn the road, iron, ties,
bridges, rolling stock, engines. privileges
franchises TO secure the payment OF said
bonds and coupons at maturity and beiiev-
inE that the construction OF said railroad
VIII promote the interest OF the people OF
shelby county, and that the county VIII be
protected in the Endorsement OF aid bondss
Il Is therefore ordered by the Court, that
the Chairman Of this Court be and he Is here
by authorized and directed to tndorse in the
name and on behalf OF shelby county the
bonds Of the Memphis and Raleigh Railroad
Company described, as Aforesaid, tC the
amount Of my thousand dollars. Whsnsyer
the President and Director Of saiG company
shall have certified 10 and satisfied him that
said company has graded, bTfdged and tied
the entire road from Memphis 10 Raleigh
aud paid for the same, q tbs credit OF Shell
~ county is hereby pledged for the payment
OF said bonds and coupons at maturity Thereof
z That his loan Of tbs credit Of Shelby
county shall become binding only when rat
lied by the constitutional majority OF ths
legal voters Of the county, and TO test their
sense OF his question;
II is hereby ordered. That the Sheriff or the
county make publication In two daily papers
published in Memphis Of an election 70 be
held for that purpose at the regular voting
precincts OF the county, on Saturday this
18th Of November, 1871, and that q copy OF
this order be, with the notice of the election,
published for thirty days preceding the cleo
lion.
g These 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 write or print on their ballots
the words, Z" No and the Sheriff shall
Immediately after the election make return
thereof 10 the Clerk Of The County Court OF
the number Of the votes poiled for and
against thslOan, and the CLERK shall there
upon certify 10 the Chairman Of this Cont
the result of said election. The company
will pay all costs incident to tie election.
EsquiFes Witherington- Giles, Haio,
SDeilman, Winters, Moncrief, PuIlfEm, Cald-
well, Brewer, Buntyn, Hoegel, Brown, Burke,
Elliott. Moore. Muler, Gibson, Brooks and
s~tone-ls; nays: EEquires Walker, Jones
End HOlsman-S.
Witness my hand and seal Of Office az
ONCE. in ths city of Memphis, tennessee,
this 9Th day OF October. A. D. 1871,
JAMES BELLY, Clerk.
Rv l. II Citizen ~ q u-enn