Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-02-27

Ts-a1t 10 olerate that portion Of tn road
w tltu the County ana 70 me lsslls OF tle
ton % srcl lerOH-- platforms secil0n houses,
nr...ua slo-s. turn tables, water stations
shops as may be ne s-aty 2 GO n9lnl-ai
oueTa ion on Tue road. EuLuII euy
u1rH..u Of fue sui -cr4ptlJu reuallu AZ et that
0-r. Of the rO-| -a shelby county - IuLy
soa. rTnlaa "a a co .Luued as "a lr-L-CI SIS road
ii avprv r-sUset. then such uueZpeudeu pOr-
ton shall be spoiled TO the extension OF the
road f-t1 =.ssIs-LppI, In the same order and
Cor the sam. purposes as required % be eZ-
--ufaL ia -L=lb County anu 20 part OF Ia a
money he sgT subscribed, n-r OF the certih-
,a-D- vi Iuae1lelue-s mere HalteE ~autnOrlAsI
10 be issued. slllL Ce dseG for the avmeh OF
OH err salaries commissions ONCE rent,
D. rtrrg. ntat.elery, OF % her general or mis-
al .ua-ue expenses OF the company, nor Tor
rrear OF way or depot zr0un1s, and any vO
I-rfrr of rllas conditions on the part of the
said Railroad company shall render this
subscription Wb-tJ void as 10 all iurJlsr
s Bsf1re any portion Of the money herein
euhscrsl o. Elai. Be paid over TO 8 I'D Raj roa1
lawu-uv. and D. fore any certificates of In
deb e-u-as shall b. delivered To the sad
E.tIrggd Company, the PrGE-de0t Of s it
g"..Csur hall lie with the Clerk of the
COMMIT rrrr. an accurate ana full IOpO-
gr.g4tcaI Map OF ths hual lection Of lhe
r1s6 10 l5loy county, and an accurate pre-
ME of the same sloWLAg Ln7 qu4ulL--s OF
excavation and borrowed e~mb=lkmeutr OF
masonry, lnl of Drlcg ug % b. done on each
e-.ffCu. eur o. copy OF the specIucItt" us and
form of c.rrraC. u"uuersWhleu the work Is II.
u-I.-+ 10 os done, which map profile and
euaCiEH alLUu small be certified by the chic
En-i.e.r Js said Rod under O1tu as correct
4. he annual l1sJeLmeuLs shH- be assessor
by the Court each year al lie same time
JIeH the other County O. E6s are assessed, eul
shall be collected 4a the anne Time other
Count. lakes are collected
s. Atthe 5=g-- OF the Court each year pre-
cadIng the term 30 which the taxes are 70 De
asst ssed, rhs L.urt may appoint "A OF more
comp Jelt civil Engineers, OF high character
/ ION Integrity. vino shall have No connection
with san Railroad 90 20 on the lime OF sad
Railroad and make an accurate measufr-
mcuIur all the work DONE, an account OF GlL
trH locomotives. cars. machinery DuL-luZa,
and material delivered Tor the Road, aud
| Nuke detailed. IT m fz-d report o. the s-me,
/ am. The vaI-e thereof lu detail Cstimzied ut
! In and reasonable prices for each 1Jems
said report shall be m5de b. the SAID Engl-
/ re..s under OaAl 20 inc court az the NIX"
I term L~gL.IEtCE their appointment aud the
I President aud chief Engineer OF said Com
! p8uy shall De bound 20 auHrd SAID Engineers
I u.Jls OF the work aud every Iacll'y Tor ar
| rivlag 5t "a correct measurement and VHlue
g NE resident OF the said company shall
file eta. aleu- under Jslu with the CLERK OF
{ EEl county Court escn year c~4lempoFaue
.usly with the report Of the said engineers.
/ w1.-E statement shall snow Iully this eK-
{ raugfrrrs OF an money rAelved from the
/ EGrsrr ptlJl OF shelby county or nom the
I fnotizaa to be issued showing when and 20
4 WHOM PAID, asu on what acc uut.
If it appear Co the satisfaction or the
/ court from The report OF the said engineers,
. thai he money received uom said county
/ gurs rfur-gH. or The certificates OF indebted
! ue.s Lereiual ter ULL1riz- q To be issued have
I bseu iaIJLrGl y and economically applied for
[ tGe PURPOSES eXaIe-s eG in article 2 of the de-
/ cree. zen 10 IEr.Eer tax shall be assessed or
! levied f0r t~lat-purpCsg, and no more cerilu
| c4tp- OF ir0eElEt nB-s snail DC is uel ana ble
subscription as 70 the balance o the install
I mems sIrL De VOID.
In cstIeciilu the tax, the Tax COIlector
] shall diva each raN-DAWHr a sHEaE&L6 receipt
Tor b aucuuu Of the tax paid by him or her
on account o. THIS suLsc pL-On, Wultn re-
/ ceipt shall eutlJl5 the holder thereof 70 re-
l cpfvp rom the EEiIrOad Company, ueIJ1'
! Gates OF stock in said company TO the au0uni
/ OF tha receipts when presented 70 the Secre-
Iary o said company n sums on "s1ty'
/ 6vg dollars. or c~lrLiLcat- or twenty-five ul-
{ Lars. ans l0r ELy excess over Twenty-Five
collars. or muluples OF twenty-five dol airs
in the aa49unG OF the receipts presented the
! Eecretery OF the RAILROAD Lump~Ey snail
! give TO Me holder d receipt which shall ike
wise be convertible Into the stock CT Lue sale
company Wueu Lrsst nled Ds Lle u'4aeE' III
| sums OF twenty i've dollars or It's multiple
9. The acceptance by the said Railroad
Company OF any portion OF the money col
l-cled under this subscription, or OF the Ger
/ ttfrat eg OF Indebtedness heretuaIer author
lied 10 be issued, shall bind the company
mT1v TO ali the terms ard conditions . TIM,
suHseriEtlou as set forth IN the tOregOlul
ana following artc-es
h. TU-s saBscrIp Giou shall become binding
/ 0n1v wEaa ratified by the constitutions ma
iority OF The t~egaLvOters of fine unity, and q
lest JEelr sense OF this ques Ion, tt - hereb5
ordered. that She Sheriu o. the county max
p-ubIeallou ia Two daily newspapers pup
It-Ecdi ia Memphis, Oh an siec4on % De Ae--
! f5r flqI purpose. az The regular voting PIE
cfucts OF The e unity. on Saturday, the Alth o
M-reh. 1871. and lua5 q copy. o. Jus uecfe'
{ ana q statement Of the financial condition o
tine comfy bee published Ia connection Will
s~cu e. eo5is4 notice for thirty days preceQ
ilg tn election, ia Two daily papers pup
ri. nose VINO favor the subscription snal
al s7ia election write or pElhl on tA5lE ual
lots The words. 'ror "a cflpLlln anu Ino7'
who oppose the subscription shall write o
urfut on tgeIr ballots tbs words N SlO
e.. rf-n % and the Sharir shall Immediate
~ arerthe ele-tlOu make due returns u III
Cf-rk OF the C0Eufy Court, OF the runoer o
Inc votes uOiI-U Tor and OF the NUMBER o
votes polied assloss soo5cft p1lon. uht
u. II being the object Of the Court 70 enapl
the IA ltoa- COMPANY to ms Nofl
as speedily as possible,
TEs fh1raferC ordered, That II IL shall ap
Dear from said election returns that the sab
2 seliUtiun has been rauuzd by the require
Z c5-nsffuff0ual vote. the Chairman OF IT,
county Court shall immediately, upon tn
: Ming 81 the msp, profile and specification
required by art'clo 5, Issue 70 t4e sald KAN
road Company csttlac3tss OF LIuSDC5uness 7
shelby county to the Mount q one nun, re
Thousand dollars. aid certificates snail p
; issued in such Gums Is the President may al
3 rect. aud express on their face tnab they ar
fSr 1uSscripugu ofstosk to b sSelma, Mario
? md Memphis Raj road COMPANY, anG tina
3 they are receivable in pay menE OF SAID spt
D nf.E NHL-- anu A.AEM arc HAAA~@NALE 80
. m shall appear to the satisfaction OF IN
2 Court. fr0Ha thc report OF the Engineers az
J pointed as provided IN article D Of this cecrs'
That the mOney arising rom the La1 OF tn
z preceding year. or the certificates OF IndeUl
o. edress issued the preceding year. nave bee
faithfully and economically appueu ~ ~
uuired by article 2, then the chairman or %
County Court shall issue 70 the railroad CON
uanv one hundred thousand dollars OF cefblI
Gates i'm the same manner anO Iorln as heielL
before provided till the Iuu amount OF nv
hundred thousand dollars has been issued.
The certificates of indebtedness tOreach yea
shall De numbered from one upward, consect
lively. in the order of their issuance ana sha
be signed by the Chairman Of the Count
Court and c0untersigned by the Clerk OF IN
, County Court, and have the seal OF me count
g attached and the said Clerk shAl SEP "a
"a exact register Of each certified issue, shown
10 when and to whom issued, and the Chalrma
Of tLe Court shall take the receipt OF Ut
T Treasurer of the said railroad company Tor a
g certificates issued, which receipt shau De pr
q servedin the Office Of the Ctrrk OF bhS Oouhl
e Court: and the said Clerk shall az each NEE
10 Ofthe Court next following the issue OF ce
II ti6cates. report to the Court the 1uu amour
r Issued 10 date Of mat meeting
The Court shall, in each case, provide props
j. rOmDeuyatiOu for the Engineer authorized
4 he Amounted under article D OF TINS deere
The money or certificates SHAH only De pa
ont bv said company for work actually dor
or mgterfaI actually delivered, Of the kin
and class specified IN article z OF tAls decree.
Tbe certificates when received by the Ia
q CoIfeet0r i'm paVmeut Of this specific AK.
whsu redeemed by the County Treasurer, sha
ba immediately caBceleQ Dy Luose OAlGers z
gpectivelv and each shall make a report qua
rerlv to the Court Of the amOUn received
redeemed and Cancelled. That upon receiViI
?. any instalmeut Of the certificates hereil
before provided for, said railroad compaI
ID shall 1--WE O bOndtn the sum Of one hundr'
s thousand dollars, with SUCH suretieE rs sha
le he satisfactory to tie Chairman Of this Coul
conditioned that said certificates shall DO
qood faith applied 90 the objects and purpos
b specihed Ia article Of this decree; and tn
he said certificates shall not De used or negoLat'
N ] D-m.fH anrar1nnW at less TnuH atuhNW~mWa cen
70 i1 me dollar. and that said railroad compaI
shall renew said bond at any time that pc M
le be required to do so byorder Of this court
Aves-Esqrs. Lyon. Duncan, Giles, Winter
81 Moncrief, aneed, Puliam, CatdWeAi tteA
D. Holmau Brown, Burke, ElkOJt, moore ~
is Ter. GllssOu-l6.
Noes-Esqrs. Witherngton, Alien, WnIAe
Jones- PROOFS. Massey. ii. C., and St0ne-5
JAMES REILLY,
County Court Clerk