Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1875-07-22

AN ACT to encourage the building OF Mac
adamized roads.
Section l. Be il enacted by the General A.
sepbly of the State Of Tennessee, THAT any
five or more persons, citizens OF the state,
not under twenty-One years of age, DESTROYS
of joining turnpike company snail make
memorandum in printing stating:
LIST. The name of the company, and the OBJ
Ject for which 1t Is formed, and the proposed
line Of road.
I'd. The amount of capital stock and the
number of shares into which il IS divided
Sd. The names Of the stockholders and the
number of shares held by each, to which
shall be appended in these words:
I'VE tue undersigned apply to the State o.
Tennessee, by virtue of The laws of the land
for charter OF Incorporation for the pur-
poses, and with the powers declared in This
instrument.
"Wftness our hands, the - day OF - ."
The signature of said five or more cOIp0-
rators must be acknOWled, or any one OF more
signatures proven ~ one witness before the
Clerk of the County Court, the fact Of ae-
knoWledgment or probate 70 be entered on
the books OF the office, and also certified ON
the instrument, which instrument with the
application, the acknowledgment or pro-
bate, shS II be registered in the Registers Of
| nee OF the county where the main business
of the company is to be conducted tue fact
of registration to be by the Register Endorsed
on or attached TO the Instrument lie said
instrument registered as aforesaid, shall then
be transmitted to the Secretary OF state, who
shall copy the same in book to be kept for
that purpose, with the prObates, acknOgle lg-
ments, certificates OF the CLERKS, registers etc.
The Secretary OF state shall then certify ON
| the original Instrument, that the same has
been registered in his Office, to which certif-
| cate shall be affixed the greet seal of the
| state, aud upon the affixIng Of he great seal
of the state 10 said certificate, or said Original
| instrument, the promotion OF the association
as a body polite and corporal IN, is HEREBY
declared complete andSJuG validity of the
same shall not be IN any lega- proceeding
collaterally.
Section Z. Be 1t further enacted. That for
| this service the Secretary of state and Regis
AZ Do "a
clerk the same fees as for probate Or &C
| knowledgment Of deed.
Section 3. Be IL further enacted, That upon
the issuance of said certificates as heretofore
| provided, the incorporation shall be and IS
hereby clothed with all the powers, rights
ana privileges granted to, and applicable 70
turnpike, lnacadamized, graded or plank
roadsrin chapter 2, article l and article OF
the Code of Tennessee.
Section 4. Be 10 further enacted That
when any company Of persons, corporate or
incorporate, have constructed or shall con-
struct more than one mile and a half and less
IMAM nVe miles OF turnpike, such as is I'M
der the present law, good macadauized road
connected at one OF Its termini with depot
town, or with another pike running into
town, such company shall be entitled TO erect
Toll gate, not nearer than a mile to the
depot OF corporate limits OF a town, and not
nearer IMAM half mile TO any other pike
with which II come cts, and shall be entitled
10 take toll at the present rates fixed by law,
one-alth OF the year for each mile completed /.
provided, the net tolls so collected be applied
TO the completion Of the road; provided, that
Where turIpikeS are five miles or more in
length the number of gates to which they
shall be entitled shall be the same as hereto
fore, and shall not be affected by this act
Section ). Be it further enacted n the
road bed shall be located ten miles or more
nom city containing i've thousand iuhaD-
itants, The roau bed may be fourteen feet
wide, and covered with rocks OF gravel ten
feet wide and six inches thick
Passed March Y, Is75
LEWIS BOND,
Speaker OF the House OF Representative.
THOMAS Ii. PAINE,
Speaker Of the Senate.
Approved March D. 1875.
JAMES d. PORTER, Governor.