Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1871-02-09


have been established, it shall be the dut
| of such County Judge to vote, either il
person or by proxy, all the railroad stool
owned by the county of which he i
Judge, in all elections held or made by th,
stockholders of such railroads"
Squire Wade offered the following
amendment to Squire Meacham's resolu
ton, which was adopted:
''Be it enacted, That the above com.
mission shall be members of the County
Court"
The previous question was then called,
and the previous question was unanim
ously sustained, The vote being taken,
Al members of the court voted in favor OF
Squire Mescham's resolutions, which were
unanimously adopted and are as follows:
Whereas, The Legislature at its present
session, passed an act approved Dec. %,
1870, entitled Gan act to amend the act of
1870, chapter 70, for the sale of the inter-
est of the State in delinquent railroad
companies, passed July l, 1870" by the
provisions of which suits are to be insti-
tuted in the Chancery Court at Nashville,
on the first Monday in March next in be-
half of the State by the authorities therein
provided, and the stockholders in said
railroads made parties defendant, for the
purpose of determining their rights and
interest as we'll as the rights and interest
OF the State, with the view, and purpose
OF selling the interest of the State in said
delinquent railroads; and -aE
Whereas, The county OF Davidson holds
stock to the amount Of 81, 319, 800, in the
various railroads terminating at Nashville
two or more of which come under the
purview of the law before referred to:
and,
Whereas, 1t is important that the
rights and interest of the county
should be properly asserted and pro-
tected In the courts, and in all meet
ings of the stockholders of any rail
road company in which the county is a
stakeholder; therefore be it
Resolved, That the County Court COM
posed of the Justices of this county,
shall at the present term of the Court
elect by ballot four discreet persons, citi-
zens of the county in conjunction with
the County Judge, who, when duly quail
fed as hereinafter provided, shall cocsti-
tute Board of Commissioners with pow
er and authority under the direction of
THIS Court, to represent the railroad in
terest of the county in any and all rail
road companies in which the county is
stakeholder, and shall vote the stock of the
county in either of the respective rail
roads in which the county is a stockhol-
der in all meetings of the stockholders
held either for the election of officers
or other purposes. 49,.
Resolved further, That the commits
sioners to be elected under the provisions
of the foregoing resolution, shall hold
their Office for one year or until their sue
cessors are duly elected and qualified, and
shall be known as The Board of Railroad
Commissioners of Davidson Comfy.
and on entering upon the duties of their
office shall make and subscribe to an oath,
and file the same with the Clerk of this
court, that they will true and faithfully
execute and perform the powers and duties
conferred and imposed by the County
Court, and exercise the same to the best
OF their skill and ability in the interest of
the county; provided always that it shall
require majority of the votes of all the
(Justices) members of this court to elect
all or either of said Board of Railroad Com
missioners.
Resolved further, That in case any
monies shall come into their hands either
from dividends on railroad stock or other
sources, they shall pay the same over to
the County Trustee, and before receiving
the same shall enter into bond, with ap-
proved security in double the amount to
be received, Ito be approved by the Judge, }
and file the same with the Clerk of the
Court.
Resolved further, That said Commits
sioners shall receive in compensation such
sum as may be deemed Just and equitable
for the services performed-the amount to
be fixed hereafter by the court
Resolved further, That in order to avoid
conflict with any existing law of this State,
OFF any there be, } the Clerk OF this court is
hereby ordered to furnished the members
Representatives of Davidson county in
the Legislature, with copies Of the forego-
ing preamble and resolutions, who are re-
spectfully requested to introduce and, if
possible, secure the passage of an act en-
bodying the objec and purposes of the
same-the public good requiring.
Resolved further, That the resolution
adopted at the January term of this court,
providing for the appointment of a COM
mittee to be styled and keown as Railroad
Commissioners, be and the same is hereby
rescinded and superseded by the foregoing
resolutions. W. F. MEAoHAM.
The Finance Committees report pub
lished in the UNION AND AMERICAN of Tues
day. was read and received.
LOUISVILLE AND NASHVILLE RAILROAD.
Squire Wands then stated that, by re-
quest of the committee, he had visited
Louisville and looked into interest of Da-
wilson county in the Louisville and Nash
vile Railroad
TIE Squire then read the followingpaper:
DAVIDSON COUNTY, TENN IN ACCOUNT WITH The
LOUISVILLE AND NASHVILLE R. R. co.
DR..
1879 To amount of stock issued