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An Act to incorporate the Nashville and Knoxville Railroad Company. 1853-1854 720 (1853)

handle is hein.slavery/ssactstn0180 and id is 1 raw text is: 720

bank shall keep a list of the denomination of all notes
hereafter to be set apart to be cancelled.
WM. H. WISENER,
Speaker of the House of Representatives.
EDWIN POLK,
Speaker of the Senate.
Passed, March 3, 1854.
CHAPTER CCCXVIII.
AN ACT to incorporate the Nashville and Knoxville Railroad Company.
WHEREAs, It is of great importance, and necessary to
the best interests of Tennessee, that direct and. continu-
ous railroad communication should be had between the
north-eastern and south-western extremities of the
State, for the purpose of connecting with similar im-
provements now finished, and being made, through Vir-
ginia and other States, terminating on the Atlantic sea-
board; and with the contemplated great Pacific railroad
terminating at San Francisco, as well as for the purpose
of developing the agricultural and mineral resources of
the interior of the State; enhancing the value of lands;
increasing the popplation; creating new markets for
the productions of the soil; affording increased means
of transportation; giving greater facility to travel; re-
ducing taxes; and promoting harmony and good will
between the various and conflicting sectional divisions
which, now exist in the State: And, whereas, in fur-
therance of this object, a charter has been granted for
a central railroad from the Mississippi rivvr to Nash-
ville. Therefore,
SECTION 1. Be it enacted by the General Assembly of
the State of Tennesse?, That, for the purpose of estab-
lishing a communication by railroad between Nashville
and Knoxville, the formation of a company is hereby
authorized, which, when formed, shall be a body corpo-
rate, by the name and style of The Nashville and
Knoxville Railroad Company, and by said corporate
name shall be capable in law to bay, receive by gift,
bold, sell and convey, real and personal estate, as here-
inafter provided; make contracts; sue and be sued; to
make by-laws; and to do all lawful acts properly inci-
dent to a corporation, and necessary and proper to the

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