Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1875-07-30

AN ACT to enc1u age the building Of Mac
adamized roads.
Section !. Be il enacted by the General As
sembly OF the State Of Tennessee, That sny
five or more persons, citizens OF the state,
not under twenty-one years OF age, DESTROYS
of joining turnpike company snail II axe
memorandum il printing stating:
list. The name Of the company, and the OBJ
ject for which 1t Is formed, and the proposed
I'd. The amount of capital stock, and the
number of shares into which 1t = divided.
Sd. The names OF the stockholders and the
number OF shares held ~ each, 10 which
shall be appended In TEe-e verbs:
1--WE the undersigned apply to the State Of
Tennessee, by virtue OF lie laws OF the land,
for a charter of incorporation for the pur-
poses, ana with the powers declared IN this
instrument
The signature Of said i've or more COIpO-
ratOrs must be acknOWled, or any one or more
signatures proven by one witness before the
Clerk of the County Court, the fact of ac-
acknowledgement or probate to be entered on
the books OF the office, and also certified on
the instrument, which instrument with the
application, the acknowledgment or pro-
bate, shall be registered in the Registers Of
ice Of the county where the main business
of the company is to be conducted, the fact
of registration to be by the Register Endorsed
on or attached to the Instrument. The said
instrument registered as aforesaid, shall then
be transmitted to the Secretary OF state, who
shall copy the same in a book to be kept for
that purpose, with the prObateS, acknO Wiedg-
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 certifi-
cate shall be Affixed the great seal OF the
state, and upon the aihxInZ OF the great seal
OF the State TO aid certificate, or said original
instrument, the promotion Of the association
as body polite and corporation, is hereby
declared complete and the validity OF the
same shall not he in any legal proceeding
oOIlaterally.
Section Z. Be 1t further enacted, That for
this service the Secretary of state and Eegis-
ter shall receive a fee Of three dollars, and The
clerk the same fees as Tor probate Or &C
acknowledgement 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
and privileges granted to, and applicable TO
turnpike, InacadamiZed, graded or plank
roads, in chapter 2, article and article 4 Of
| the Code Of Tennessee.
Section 4. Be it further enacted, That
when any company of persons, corporate or
I incorporate, have constructed or snail con-
| struct more than one mile and a half aud less
than five miles of turnpike, such as is I'M
| der the present law, good macatamized rOad,
| connected at one oil It's termInt with depot
| town, or with another pike running into a
| town, such company shall be entitled TO erect
/ toll gate, not nearer than mile 10 the
| depot or corporate limits OF a town, and not
| nearer than half mile 20 any other pike
| with which 1t come cts, and shall be entitled
| TO take toll at the present rates fixed by W,
| One-nfth OF the year for each mile comp cd
| provided, the net tolls so collected be lied
| 10 the completion Of the road; prov that
| where turnpikes are i've miles - more in
| length the number Of gates to which they
| shall be entitled shall ne the san as hereto
| fore, and shall not be affected ~ this act.
| Section 3. Be 1t further enacted, II the
| road bed shall be located IN miles or more
| from a city containing eve thousand iuhab.
| itants, the rOau bed may be fourteen feel
| wide and covered wIrL rocks or gravel ter
| feet wide and six Icnes thick,
| Passed March 2, 1873
| LEWIS BOND,
| Speaker o the House OF Represen tatives,
| THOMAS II. PAINE,
| Speaker of the Senate.
| Approved March ., IS75
JAMES d. PORTER, Governor.