2

February and sometime in the same month books were opened
at Bolivar + [Middleton?] in Hardeman + at [Leaker?], Raleigh
and Memphis in Shelby County at the end of 10 days the
commissioners at Raleigh returned the stock book with about
forty five shares on it. Matters lay so no return from
any other place until in June myself and some others here
wishing to see the road under way applied to the commissioners
here to subscribe. The commissioners stated to us that they had
no evidence that more that the 45 shares at Raleigh had
been taken + we must take all the balance amounting
to more than sixty thousand dollars if we wanted the
Books closed - W. did so + they forthwith advertised for an
election upon this [+ the?] Raleigh book-

On the day of [action?] a [member?] came from
Hardeman + Shelby stating that they were share holder
but instead of returning the books there to the commisio=
ner here, [cary?] the Court House bill themselves, went
into the Court House, resolved themselves into a meeting
of stockholders handed in their books to that meeting +
proceded to an election.

Sometime after the signing of the Bill and after
the meeting was organized by calling in stockholders
on the [illegible] book to the chair two of the commisio=
:ners here (Jones + Henry) went into the Court House
and stayed a short time until they saw from the
[co?] on [foot? fact?] that it was determined by the meeting
as they considered [illegible] and less of the rights is