Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-10-31
MARCU5 J. WRIGHT,
sheriff OF Shelby county.
Shelby County QusrtsrIv Court, Octobsr
I'D ElI IhnrsaaE natnhsrS l

Shabby County Quartsrlg Court, october
Term, 1871, Thursday October 8. I'll
HE HemPhis snd Raleigh Railroad COM
paay, haytas applied to this court
through their representatives for the loan on
the credit OF snslby county. Tennsssss, -
inzorssr or ~guarRnter on the bonds OF said
company to the amour Of s59,000. payable
% Is years nom date OF issue. bearing eight
per cent interest. with coupons attached,
payable semf.annualT, AZ the Ofie6 OF said
company. in the city ofMsnphis, said bonds
70 be issued by tne ompany and intOrsad
By the county whenever q company shall
have Grs5 graded, Bird gsd and tied ths entire
road nom Memphis 70 Ealelgh and paid FOR
tAe same. and when issued the same snail Be
and constitute alien superior &C all others IN
laTor Of the county upon the road, iron, ties,
bridges rolling stock, engines, privileges
and franchises 70 secure the aymsn OF said
bonds and coupons a. maturity; and belisV-
ing that the construction Of said railroad
viii promote the interest OF the people OF
Shelby county, and that the county VIII be
protectedt in tna indorsemens Of said bonds;
1t Ia therefore ordered by the Court That
tina Chairman Of thfB Court be and ne Is here
by authorized and directed TO fndorse IN the
name and On bebaif Of shelby county the
bonds OF tbs Memphis and Raleigh Railroad
Company described. - Aforesaid, 70 the
amount OF dfty thousand dollars. Whenever
the President and Dtreotor OF said compauy
shall have certified to and satisfied ain that
said company nas graded, briGged and tied
the entire road from Memphis TO RAlsizh
and pstd for the same, and the credit OF 8hea-
0y county IL hereby pledged for tbs payment
OF said buncs and cOupOEs a. maturity Thereof.
z That This loan Of the credit OF Shelby
county shall become binding MY when rat
lied by the constitutional majority OF the
legal voters OF the county, and to test their
sense OF this QUESTION.
II u hereby Ordered. That the Sherry OF the
INT make publication In two daily papers
Published IN Memphis OF an election to be
held Tor that purpose 81 the regular voting
precincts OF the county, OF Saturday. this
nth Of Hoyembef. lS7I, and that 2 COPY OF
this order be, with the notice OF the election.
Duotlshsd for thirty days preceding b cleo
ton.
8 Those Who favor the loan shall, st said
election, write or print on their ballots the
words, " FOR Loan" and those vino oppose
the same shall write or print on their balicts
the words, No Loan !" and the sheriff shall
Immediately AFTER the election make return
thereof TO tns Clark OF the Comfy Court OF
the numbsr OF the votes pOusd for and
against the loan, and ths cloTk shall there
ppOn certify to the Chairman Of this Court
tfe result Of said election Ths company
VIII pay all costs incident 70 the election.
ESqCiTes WitheriDgtOn. Giles, Hale,
Spellman Winters, MOncrisf. Puilfam, Cald-
well, Brewer, Buntya, HOegel, Brown, Burke,
Elliott. Moore. MIler, Gibson, Brooks and
s~tone-l9; nays; ksqutres Walker, Jones
and HOlenan-3.
Witness my hand zeal OF oncs at
office. In the city OF Memphis, Tennessee,
this 9th day OF october A. .. ISL
JANES REILLY, CLERK.
D. r-mTHn n