Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1875-07-24

AN ACT to encourage the building Of MAJ
adamIgsd roads.
Section !. Be 10 enacted by the General As
sembiy of the state Of Tennessee, That any
five or more persons, citizens OF The state,
not under tu enty-One years OF age DESTROYS
of joining a turnpike company snail 10 axe
memorandum in printing stating:
LIST. The name OF the company and the OBJ
JecC for which 1t IS formed and the proposed
line Of road.
I'd. The amount of capital stock, snd the
number Of shares into which 10 s divided.
Sd. The names OF the stockholders and the
number OF shares held by each, 10 which
snail be appended in these words:
I'VE tue Undersigned apply to the state of
Tennessee, by virtue Of lac laws OF the lunt,
for a charter Of incorporation for the pur-
poses, and with the powers declared in thus
instrument.
Witness our hands, the --da og -"
The signature of said five or more coIpO-
ratCrs must be acknOwled, or any one or more
signatures proven ~ one witness cefOre tine
CLERK OF the County Court, the fact Of ag-
kGowledsment or Pr ObaIe 70 be entered on
the books OF the Office, and also certified on
the instrument, which instrument with the
pphcatiOu, the acknowledgement or pro-
bate shall De registered III she Registers Of
ice OF the county where the main busints
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 q book to be kept for
that purpose, with the prOoaJes, ackHO Eiedz-
ments, certificates OF the clerks. reg sters, ETC.
The Secretary OF Stale shall then certify on
the original instrument, that the same has
been registered in his Office. 20 which certfIi-
cate shall be affixed the great seal of the
state, aud upon the afixIns Of the great seal
OF the state 10 said certificate, or said original
instrument, the promotion of the association
a. a body polite and corporation, Is hereby
declared complete and -Jug validity OF the
same SHAH not be IN any legal proceeding
cOlaterally.
Section Z. Be It further enacted. That for
this service the Secretary of state and Regis
a Z o. la md
clerk the same fees as TOR probate or aC-
acknowledgement of a deed.
Section 5. be IL further enacted, That upon
the issuance Of said certificates, as heretofore
provided, the incorporation shRl be and is
hereby clothed with all the powers, rights
aud privileges granted 10, ana applicable to
turnpike uacadamlZed, graded or plank
roads, in chapter ?, article and article 4 OF
the Code of Tennessee.
Section /. BE II further enacted That
when any company of persons, corporate or
incorporate, have constructed or snail con-
struct more than one mile aud q half and less
IMAM HVe miles OF turnpike such as Is UNI
der the present law, good maC8daIuiZed r0aI.
connected at one OF It's Lermiui with "a depot
lOWh, OF VITA anOlutr PIKE running into q
town, such company shall be entitled TO erect
Toll gate, not nearer than q mile to tine
depot or corporate limits o. town. aud NOT
nearer than a half mile 10 any other pike
with which IL come cts, and shall be entitled
10 take toll at the present rates fixed uy law,
OUe Eth OF the year for each mile com uieted
provided, tine net tolls so collected be spilled
10 the completion OF the road provided, that
where turnpikes are i've miles or more ia
length the number OF gates 10 which they
h4lI De entitled shalt ne the same as hereto
fore, AMI shall not be affected by this anf.
Section .. Be 10 further enacted - tine
road bed shall be located ten miles O.. more
from city containing hVe thousand d. ua1-
itants, the rOaI bed may be fourteen feet
wide, and covered with rocks or gravel len
feet wide and SIX inches thick
Passed March r. 1915.
LEWIS BOND,
Speaker o, the House of Representative.
THOMA- II. PAINE
Speaker Of the Senate
Approved March ., I>75.
JAMES d. PORTER, Governor.