Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1838-11-15
From the Charleston .lycrruru Nuy 2


S"urn WESTERN RAIL Roam BAHk.-
w" understand that on closing the Books
yesterday it "rrrartd Mat tutnta stren
fhonSHAFSherts had been subscribed for
IN this Ciy .]ust before the closing orthe
B"oh~, IN. PrrSnIcn, subs scribcd in behalf
%! thr Rail Road Company, for as many
Shares in tho Bank. as the. Cnnpanv u,nv
be cn'itlc'l TO. i'll right Of the Shares torIei-
Ted for n"n payment of the I'd ns,almen,.
nHscrii"n, ii viii "it I"e ;'' cr,,I q ;he 70 Stn,s
Bank. c1ial to The iull amount of the sIb-
r"'ip'i"n IN the Road in South Carolina.
| ny securing for tn" Rail Road Company.
stock IL ''c Bank. i'll righl of the forfeited
shares. the value Of their stock will bo
greatly enhanced, while the Companv
will hay" II III their power to admit those
S'"cHh"t!'r- 'n come in hereafter, who.
from a''> "'""r other causes, may have
ben rrr>"n'ed from securing Shares i'm
! The Bank. Holding these Shnres Tor the
! common benefit. the COMPANY NAV usc
mon object. The folnwin statement
pr. ~rn:S view ofthc pron:.,i state of the
Scripri"n in South Carolina. The
! n'"inal subscrip' to The Road in Charles
srn WAS, in round numbers;
$4,000 Shares
The Stockholders in the Charleston
and Hamburg Rail Roud were
entitled to % OOn..
Making $4,000
There have been subscribed as above
$4,000:
leaving about 5000 to be taken up by The
Rail Road Company.
The whole amount of the subscription in
this City being as above stated, 81 600
We may assume the subscription in
thcrcst of the State, at $4,000
(ilic original being abnn; 2O,OOm 10000
To which, if the State suhscription
be added, 10000
We shah have subscribed To the
Bank in South Carolina. about $1,000
shares. an amount which has greatly
exceeded our mos, sanguiue cSpacla,;nns.
The original subscription to the Road in
South Carolina, was buI for 35. 900 Shares.
Ii will be seen from The above, thar in
stead Of diminishing, it has been increased
ny tho patronageof the State. and the iu-
dici"us measures adopted for the promo
tion Of the Work. to $4,000, being an in
erase OF 15.O0o Shares Every Share in
Ihf Bank is represented by a corresponding
Share in the Road
lhom6S SnHfr k'Rg.-We desire on.
ly to correct one mistake relative t. tho
residence OF the Senator from Glyun.-
The Banner published at Athens, states
unfairly, that Mr.. King resides in Cuu-
dn County. Such is not the fact. Uo
owns p!antn'ion there. but his winter
residence is on st Smon's Island, inGlynn
whilst his summers aneespent upon tic
Sand Hills: in Wayne. The people Of
Glynn are to he thssspleiudees Of this mat
ter. as well ns ofthe:propriciy of sending
whnmsoevcr they please to represent them
in the State Scnate.EMr King received
the unanimous vote Of his County for both
oificcs.-and the duties of his station in tho
State Legislature. will NOT interfere with
those of his other office. rs he will MOI take
his sea, until the 4'' Of March next, nor
eIf,er upon his duties in Congress, suntil tho
autumn following nS.-Columbu Eng.
Mr.. King is not ineligible to the Office Of
State Senator lille member elect Of the
Goth Congress. For this assertion. we have
the opinion nf legal gentlemen Of the hish.
est s!a0dins s.-Bruns'rick i4rocatc.