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Knoxville July 18th 1838
Sir,
Having understood that the subscription of the State has been made to some of the public works in Middle Ten: I beg leave to to inquire what particular plan or form you have adopted to take stock on the part of the State, when all the requisitions of the Bank & [Intt?] Impt Law have been complied with, and the necessary certificate of the Directory furnished; and whether the personal attendance of an agent of the Company at Nashville be requisites.
The Hiwasee R. Road Co. will in a few weeks, be prepared to ask for the appointment of Directors on the part of the State; and also in a short time thereafter, for the subscription & perhaps bonds of the State; and as I presume you do not know who are stockholders in that Company, if it be desired I will take pleasure in furnishing you a list of gentlemen, who are not stockhold= ders, from whom you can select such a Directory on the part of the State as will do [ample?] and entire justice to all parties.
I shall hope to hear from you as early as praticable. With sentiments of high consideration & esteem
I am Very Respectfully You Excy. Obt Sevt L. D. Jacobs Pres.t Hiwasee R. Road Co.
His Excy. Newton Cannon
