Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1871-08-27
EDGEFIELD AND KENTUCKY
RAILROAD.
Articles of Agreement signed by the
Purchasers.


We publish as follows tbs articles of
agreement between the Stockholders of
the Edgeield and Kentucky Railroad
Company, for the purchase of said road
under the decree of the Chancsry Court at
Nashville, rendered June ,, 1871:
Whereas, by The terms of said decree,
the said Company have for sixty days from
the date thereof, the exclusive right to
purchase a the price of nine hundred
thousand dollars said road, its franchises,
roadbed, iron rails, depots, rolling stock,
and all other property Of every kind and
description belonging to said Company, aud
Whereas, by the terms of said decree it
is provided that, if the Edgefeld and Ken
lucky Railroad Company should in its cor
porate capacity fail or refuse to make said
purchase within the time specified, then in
that case, the Stockholders of said Edge
field ID Kentucky Rsilroa7 Company, in
cludIng the County of Davidson, shall have
the exclusive privilege for the space of
thirty days to make said purchase, snd
Whereas, at a meeting Of said Stock
holders of the Edgefeld and Kentucky
Company, al Nashville on The 18th June,
1871, it was resolved hat the Eigefeld
aud Kentucky Company decline 10 become
the purchaser, Of said road under said de-
cree, and relinquish its right Of purchase
to the Stockholders of said Company, and
such other persons as they may admit, and
Whereas, said Stockholders at their
meeting AFORESAID unanimously adopted and
accepted various amendments, heretofore
passed by The Legislature, to the Charter
of the Edgefieid and Kentucky Railroad
Company, amongst which were, making
each share Of the stock in said Company
represent one vote, and increasing the
capital stock of said Company to 81, 200
co.
Now, therefore, we the undersigned
Stockholders in said Company, including
the Comfy Of Davidson, for the purpose
of purchasing said property according to
the terms Of said decree, adopting as the
basis of our purchase and cur hight and
interest Hereunder, thu original Charter of
the EdgefeId ard Kentucky Railroad
Company. with all the amendments there
to. Including the one increasing the CAPT
tai stock 20 = 200, 600, and we egfes to
pay for the proportion of said capital stock
1T such time and place as prescribed by
the decree, for the purpose of making the
first payment upon ssid properly; provid
ed, that if said capital stock is not all
teken before said purchase Is to be made,
then, and il that case, we agree to pay our
due proportion of the amount so taken,
aEd further, in case the capital stock of
said Company shall not all be taken By the
Stockholders in said Company, then, and
in that event, the balance may be taken by
such persons and upon such terms as a ma
jority of the Stockholders may determine,
and should any Of us fail to pay our dus
proportion Of The amount required to
maka said first payment, we are hereby
excluded from any participation in tbs
benefits Of said purchase.
G A. WASHINGTON,
THOs. BENEEs
E S. CHEATBAM.
10. O. STARK
HENRY RLooD, (by
G. A Washington.)
JOHN 81. DRIVER.
B. G. HILLIARD.
W r SADLER
H. j. HILDEBBAND, (Ad-
mr. of Jacob Smith, ded)
B. D. Boone.
E. CUNNINGHAM.
JOHN WOODWARD.
j. X. KIRKPATRICK
BOYD NJ CHEATHAM.
E A Fort.
n. HoBsoN.