Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1875-07-20

AN ACT TO encourage the building of Mac
adamiZed roads.
Section l. Be il enacted by the General As
sembIy 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 a turnpike company shall make
memorandum in printing stating:
LIST. The name OF the company, and the Oh
ject for which it is formed, and the proposed
line OF road.
I'd. The amount of capital stock, and the
number of shares into which it 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 the undersigned apply to the State of
Tennessee, by virtue OF he laws OF the land,
Tor charter OF incorporation Tor the pur-
poses, and with the powers declared in this
instrument.
"Witness our hands, the -da Of -"
The signature Of said five or more cor 20
ratOrs must be acknOWled, OF any one or more
signatures proven by one witness refOre the
ClerK OF the County Court, the fact Of ac-
acknowledgement or pr Obate to be entered
the books OF the office, and also certided on
the instrument, which instrument with the
application, the acknowledgment OF pro-
bate, shall be registered in the Registers Of
flee 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 Sledg-
ments, certificates Of the cleTss, registers, etc.
The Secretary of State shall then certify on
the original Instrument, that the same has
been registered in his office, to which certit-
cate shall be affixed the great seal of the
state, and upon the affixIu- of the great seal
OF the state 10 said certificate, or said Org lnal
! instrument, the promotion OF the assOcia JiOu
! as a body polite and corporation. is hereby
| declared complete and the validity of the
| same shall not be in any legal proceeding
| colIaterally.
Section Z. Be It further enacted, That for
| this service the Secretary of state and Regis
"a fla "a ~ o. audi
clerk the same fees as for probate Or &C
| acknowledgement Of a deed.
| Section .. Be il further enacted, That upon
the Issuance OF said Gel elhcates, as heretofore
| provided, the Incorporation shall be and s.
hereby clothed wNh all tie powers, rights
and privileges granted L., anu applicable TO
/ turnpike, nacademized, graded or plank
roads, IN chapter :, article l and article 4 Of
I the CODE o. Tennessee.
Section /. BE 1t further enacted, That
when any company OF persons, corporate or
| incorporate, have constructed or shall con-
| strucL more than one mile anC a half aud less
/ than i've miles o. turnpike such as Is uu-
| der the present law good macaCamized ROAD,
| connected at one Of its termiui with "A depot
| town, or with another pike running into a
| town, such company shall be entitled to erect
a tOil gate, not nearer than a mile 10 the
| depot or corporate liui = of town, and not
nearer than a half mile to any other pike
WIN which II come cts, and shall be entitled
10 take toll at the present rates liked by law,
One-hfth of the year for each mile completed I.
provided, tue net tolls 50 collected be applied
10 the completion Of the road; provided. that
where turnpikes are five miles or more in
| length the number OF gates TO which they
shall be entitled shall DE the same as hereto
lore, AMI shall not be affected by this act
Section .. Be II further enacted. II the
road bed shall be located ten mi Is or more
from city containing hve thousand inhaU-
ltantS, The rOaA bed may Ge fourteen feet
vide, ana covered with rocks or gravel ten
feet wide and six inches thick
Passed March Y, 1915.
LEWIS BOND,
Speaker OF the House Of Representatives..
THOMAS II. PAINE,
Speaker OF the Senate.
Approved March ., $50
JAMES d. PORTER, Governor.