The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-04-26

Columbus railroad will pass have voted
the subscription asked Of them by the
company. From the first there was little
doubt OF this result, rs the proposition was
of a plain and business kind Not a
cent OF the money is tobe paid until ninety
days have elapsed after the line is com.
pleted and trains are running to Columbus.
In order to further strengthen their guar
antce the presiding chancellor of the
Columbus district is TO decide when the
money is due.
At the Tennessee incorporators' meet
ing in this city few weeks ago commit.
tee Of thirty was appointed 10 canvass for
or otherwise rise II subscription Of $780,
600. This subscription was TO include
terminal facilities, which would necessitate
the raising OF q still further sum. The
committee deliberated some time Us TO
the best means to meet this requirement.
1t was finally decided TO add $4,000 TO
the amount asked and let the company
negotiate tor and purchase It's own termi-
nal facilities. The question OF how to
raise the $4,000 was then raised and dis
cusscd. After both sides had been fully
ventilated resolution to petition the
county court fora county subscription was
resolved upon. The following petition
has therefore been drawn up by Messrs.
Hill a Wilkerson, the attorneys, and will
be filed with Chairman Slaughter this
morning IL then dcyolyes upon him TO
rail- special session Of his court and
either vote il down or submit it 10 the
people
THE PETITION.
o'he worhipful County Court Of shelby County,
Tenn.
Your petitioner the Memphis. Oxford
& Columbus Railway company, would re-
tpectiully show TO tue court, that IL il n
duly aud legally organized corporation,
under the laws OF the state Of Tennessee.
That the object of said corporation is for the
purpose of constructing a railway from q
point TO be fixed within the corporate
limits Of the Taxing District OF Shelby
county, Tenn, through the county OF
shelby to the State line OF the State OF
Mississippi, in the direction Of Oxford
N said State. and on TO the city OF Column
bus In said State OF Mississippi. Said rail-
road Is proposed 90 run from said Taxing
District OF Shelby county, Tenn, through
uid county Of Shelby in the direction NJ
Oxford, Miss. The proposed termini Of
uid railroad are Memphis, Tenn, or the
Taxing District OF Shelby county, and the
,iiy Of Columbus, Miss.
This petition il accompanied by n map,
certified by the chief engineer Of said rail-
way company, showing The general direc-
ion, and the line Of lis railroads in Shelby
county, Tenn. SAID certified map il
marked Exhibit "a" and is made part
II this petition.
Petitioners show that the said Memphis,
Oxford 4 Columbus Railway company is
also chartered as u corporation by the State
Of Mississippi. under the laws Of said
State. Tho said Tennessee corporation
Of said railway company, and the
Mississippi corporation aforesaid, by con-
solidaiion, or other legal manner, Il Is ex-
pocied nj an earlyday will be- and form one
continuous railway from Memphis, Tenn,
20 the city Of Columbus, Miss, via Ok.
ford, in the county 81 Lafayette, State OF
Mississippi; the town Of Houston, In
ChiCkasaw county, Miss; West Point, in
Clay county, Miss.
Petitioner further shows that said rail.
way company will also extend H. line on
from Columbus, Miss, 20 Tuscaloosa, Ala.
Petitioner files this application under
> chapter 3, Acts Of Tennessee, 1887, page
81, and the said corporation, provided Il
can get the aid prayed for In this petition,
declares that IL will construct IT, railroad
within two years from the date OF the
favorable action OF the county court and
people Of shelby county, Tenn, toward
said railway company, in accordance with
the prayer Of this petition; said railway
company 90 operate and complete sid
railroad from Memphis, Tenn, 10 COlum.
bus, Miss, within said time Of two years.
Petitioner, therefore, prays that this
court will order an election, ne provided
by section 4, Acts OF Tennessee, 1857,
chapter 3, upon thcJollowing proposition,
.o.wit: For the county OF Shelby, State oi
Tennessee, 90 subscribe the sum OF : 80, 600,
m shares Of 500 each, 10 the capital stock
II the Memphis, Oxford q Columbus
Railway company, rs provided by
,hapier 3, Acts Of Tenncsscs, 1887,
with the condition that no part oI
iaid subscription IL 10 be paid until ninety
lays after said railroad shall have been
completed and In operation from Memphis,
Tenn, 10 the city Of Columbus, Miss.
Petitioner prays that said amount oI
$4,000 be subscribed by said county oi
shelby 10 the capital stock Of said railway
company, as provided by said statute Of
Tennessee referred 10, aud with all the no
drictions and limitations, and In the man.
nor allowed and required by said statute
And petitioner will ever pray etc. This
petition Is signed not only by the attor
news OF said railway company, but by the
president OF said railway company, organ
zcd under the laws OF Tennessee, and alsc
inder the laws Of the State Of Mississippi
MEMrnis, OXFORD 4 CoLuNBus R'Y Co.
BY HILL * WILKINSON, Attorneys
i. NJ. ABBOTT,
President NJ, o. &C R'y Co., organized
indcr the laws Of Mississippi.
The attorneys and committee have born,
mind the summary rejection Of y SINH
mpetition from the Tennessee Midland
Railway company. They have carefully
Weighed the chances for similar treatment
nd think their enterprise has superio