Tennessee Senate Bill for Sinking Fund
This bill, no. 76, provides for a Sinking Fund to be used to reduce the state's debt. It has three sections, the first establishing the sinking fund and its funding. The second section explains that the funds will be paid to the Bank of Tennessee for the purchase of state bonds. The third calls for the Bank to provide a report to each session of the General Assembly. The bill is printed on blue paper that was previously bound, as some of the binding tape remains. This bill was introduced to the legislature by Landon Carter Haynes.
Dates
- 1847 November 30
Conditions Governing Access
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Conditions Governing Use
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Extent
0.1 Linear Feet
Abstract
This bill, no. 76, was introduced by Landon C. Haynes in order to provide for a Sinking Fund to be used to reduce the state's debt. It has three sections, the first establishing the sinking fund and its funding. The second section explains that the funds will be paid to the Bank of Tennessee for the purchase of state bonds. The third calls for the Bank to provide a report to each session of the General Assembly.
Biographical/Historical Note
Landon Carter Haynes was born on December 2, 1816, in Elizabethton, Tennessee to David and Rhoda (Taylor) Haynes. He married Eleanor Powell, and they had a child named Robert. He graduated from Washington College in Limestone, Tennessee, and was admitted to the bar in 1840. Also in 1840, he was given land that is now the Tipton-Haynes Historic Site, shot William Brownlow during a fight, and became the editor of the Tennessee Sentinel in Jonesboro, Tennessee. In 1844, he served as an elector for James Polk, in 1847 he was elected to the Tennessee State Senate, and he served as a Tennessee State Representative from 1849 to 1851. On January 2, 1861, he declared that Tennessee should leave the Union, and he served as a senator in the Confederate States of America from 1862 to 1865. In 1865, he moved to Memphis for safety where he died on February 7, 1875.
Arrangement
This collection consists of a single folder.
Acquisition Note
This collection is the property of Special Collections.
Repository Details
Part of the Betsey B. Creekmore Special Collections and University Archives, University of Tennessee, Knoxville Repository