Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1879-03-25
Chapter 62.
AN ACT for the benefit of unfinished railroads I'm

pauies have forced 10 suspend the work of copsFpc
lion; and whereas. II Is OF real Importance to the
roads to pass that as lar as possible such COM
panisS shall be encouraged 10 reorganiZe Tor the
purpose OF completing said roads as practi-
cable; and whereas, In some Instances, the time
granted IN the charter within which roads were TO
De compile ed has or will expire soon, and without
fore
SECTION !. Be 1t enacted by the General assembly
Of the STATE II Tennessee, That all railroad com
which nave not cont let III their roads, shall be
granted tsC years fuThe time from the date Of the
passage of this act fOrthe completion II tn If roads
and the acts IneoI poraion of said roads, in so
lar tbeY conflict with this act hereby amended.
Sec. =. BE IL Ittrtber enacted, That section l of
ell AFTER . CT an entitled An act as to the sale
0 ( Railroads under mortgage, giahting certain pow
10 purchase :, and auth rzing Incorporation of
purch isers,' passed Ma oh II, 1871 and approved
Marsn 1b, 1877, be so amended in the fifth line
after words e. executed by t) as to read as fol-
lows whenever The pro- erty and franchises of any
ia ircad may have heretofore been sold, or may
hereafter be sold or may hereafter be sold under
any Judgment decree or process from any OF the
courts OF record of this state for the payment of
debt Que from said inco porated company, the
purchasers Ut said SALE or their assignee. may
game into a corporate company or body with the
light to have. hul I and operate the proper y and
fran hises purchased, with all powers rights priv
ileg,s and imuIunties, AM subject to all the re-
amend uauis thereto of the corporation whose prop
eIty and franchises have been sod.
sec. 3 BE It further elac'ed, That the East Ten
nesSse and Western North Carolina railroad COM
pany shall have the right If heT desire, to change
the icatiOn of their road from Doe river cove the
nearest test route T. the North Carolina State
lice, near Cranberry ion wOks; that said company.
rights and privileges as u the right OF way
provided in the original CHATTER and be subject to
ali the laws to damages for the right OF way,
provided by the original charter; provided, that
the Mississippi River railroad, or Paducah and
loo sted through Dyer. Lauderdae and Upton coun-
ties be and the same is hereby expressly excepted
out CT the provisions OF this BILL provided further.
nothing in this act shall be prevent any
person OF company from completing by the fret
Monday 10 September. 1880. the road proposed to
be extended thr.ugo Dyer, Lauderdale and Upton
counties
effect om and after IT'S passage the public welfare
requiring it; provided, however that all road, &C
SHALL surrender all exemptions from taxatio /
claimed under the original charter and the amend
benefits of the general law, entitled an act TO pro
vide for the organization of corporations, passed
March 10. 1875 and approved March %. 1875
That road getting extension OF time to COM
peie their road shall ave any aid from the st .te
to iron their road so completed, nor for no other
Passed March 4, 1879. H. P. FOWLRES,
Speaker of the House Of Representatives.
j. R. NEAL.
Speaker OF the Senate.
Approved March 8, 1879.
ALBERT s MARKS, Governor.
l. Charles NGibbS. Secretary of state the State OF
Tennessee certify that The above is correct copy Of
an act of the General ASSEMBLY OF The 5tste of Ten
nessee the original of which Is hle in my Office.
CHAS. N GiBS&. Secretary of State.
Az ACT to provise for a Notary Public in the First
aud Seventh Cyil Districts of Meigs county.
SECl9oN |. BE IL enacted 81 TIE General Assembly
b egs county, at its april term 1879 any quart
erly term thereafter. he empowered to elect notary
puoll Tor the Inst evil ulsu ct of said county, who
shall keep tbs Office within one mile of Georgetown,
IL SAID di tTlct and County, ana who shall hold his
Sec. 2. Be Il Jlrther: esostet, That the county
court of said county of Meigs, at ITS April term
1879, or any quarterly term thereafter be also en-
powered to elect notary public for rn seventh civil
within one mile OF Ien-mile Stand.'' in said dis
trict and county who shall hold his office four sears
effect from and after its passage the public welfare
Passed March ., 1879. DR. NEAL,
Speaker of the Senate.
II. T.. FOWLKES,
Speaker Of the House Of Representatives.
1-if''''N -'''N ALBERr s MARKS, Governor
!, Charles GIBBS. Secretary Of State of the State
or fennes ee, cerfy that the above correct copy
of act o. Ihe General ASS, mby of the State OF
Tennessee the original OF wu'ch |. on file In my Office
CHAS. N. GIBBS, Secretary OF State.
Chapter "a,
AN ACT to authorize municipal corporations having
population of not less than twenty thousand, mol
more than forty thousand inhabitants, according
To the Federal census OF 1870, to issue coupon
bonds TO the amount of three hundred thousand
dollars.
SECTION 1. Be IL enacted 6y the General Assembly
Of the State Of Tennessee, That the mayor and citJ
council of any Incorporated city or town In the State
of Tennessee having population OF not less than
| twenty thousand, nor more IMAM thousand III
habitantS, according to the Federal census of 1870
are hereby authorized, in their corporate capacity
to the BONDS of said city or town. signed by th(
mayor and countersigned by the recorder, with in
| terest coupons attached. which shall be signeC
by the treasurer Of said city or town. 10 an amount
| not exceeding three hundred thousand dollars.
Sec. 2. b it far r elGc e5 That the bonds here
| In provided for may be executed of denomination:
| from one h ndr9d dollars to one thou and dollars
at the discretion OF said corporate authorities anC
shall mature at such times, from one TO thirty years
| as may be fixed by ordinance and shall bear inter
est at the rate or six Der cent per annum, payable
Semi-annually; provided that such bonds shall b,
issued only to holders OF bona fde claims agaiuS
said city oF town at par in liquidation of such claims
and TO such others willing TO take them at PSF
provided. that such rnds shall be issued only t
holders of bonds or coupons already outstanding
and legally sued against said city or town, and
now or sIal within The next two years, become due
| and provided further the new bonds shall not bt
| exchanged for bonds or coupons now outstandlT a
| otherwise than In accordance with the provisions o
this act shall be null and void.
Passed March B, 1879. j, K. NEAL,
Speaker Of the Senate
q. p. FOWLKES,
Speaker of tia House of Representative:
Approved March g, 1879. -
ALBERT 8. MARKS, Governor.
l. Charles n. Gibbs Secretary of State of the Stat
of Tennessee certify the above Is correct copy of
acl of the General Assembly of the State of Te-
nessee, the original of which is file in my Office
CaAS. N. GIBBS, Secretary of State,
chapter 80.