It is the duty of the county legislative body, or governing body of such city or town, as the case may be, to convene on the call of its presiding officer, for the purpose of acting on the return of the county election commission, within ten (10) days after such election; and if it appears that the same was, in all respects, fair, and that three-fourths (¾) of the legal votes cast at such election were in favor of subscription, then it shall have full power, and shall proceed, to make and execute all necessary orders, and take such action as may be required to make the subscription effective according to the terms thereof and these provisions.
Structure 2021 Tennessee Code
Title 65 - Public Utilities and Carriers
Chapter 7 - Subscription to Railroad Stock by Counties and Municipalities
§ 65-7-101. Power of Locality to Become Stockholder
§ 65-7-102. Right to Subscribe to Stock
§ 65-7-104. Record of Application, Plan, and Amount — Ordering of Election
§ 65-7-105. County Election on Question — Order by Legislative Body
§ 65-7-106. City or Town Election on Question — Order by Governing Body
§ 65-7-107. Notice of Election
§ 65-7-108. Conduct of Election — Certificate of Result — Validity
§ 65-7-109. Election — Style of Ballot
§ 65-7-110. Action on Return of Commission
§ 65-7-112. Subscriptions — Time of Payment
§ 65-7-113. Bond Issue for Payment