Cheraw gazette and Pee Dee farmer. [volume] (Cheraw S.C.) 1838-1839, 1839-02-27

who 90 attend, may adjourn from lima 10
time until such general meeting shall be
had.
Sec. O.. In counting all the votes of the
said Company, each member shall bc allow.
ed ore vote for each share not exceeding
two sharts, ono vote for every two shares,
above Two, and not exceeding ten and one
vote lor every five shares above ten, by
hin, held at the time, in the stock Of the
Company: Prori>Ied, howeusr, That no
stock kholIer whether an individual, whether
body polite or corporate, shall be entitled
to more than KY votes on any amount Of
the capital sock of said company, held by
him or them.
SEC. 2S. The President and Directors
shall render distinct accounts of ;hnIr pro.
ceed;ugs and disbursements of money to
the annual meetings Of the stockholders.
SEC. 20. The works hereby required Of
the Metropolitan Rail Road Company, shall
be executed with diligence and if they be
not commenced within three years after the
passage Of This Act. and finished within
eish. years afcr the first general meeting
of the stockho!dess, then this charter shall
be forfeited.
Sec. 80. The President and Directors
shall cause TO be written or printed, certi-
fica;cs of The shares ofthc stock in the said
Company, and shall deliver one such ceri
fcatc, signed by the President, AMI coun.
ersiyrcd by the Treasurer, to each person,
! for Tie number OF shares subscribed by him,
which certificate shall be transferable by
him. subject however 10 all payments due or
10 become duc thereon and such ass gnee,
havingirst caused tho transfer or asslgnm en-
10 be entered in book Of the Comranr, to
be KEEP, for that purpose, shall thcn, forth
become 4 member Of the C3n7I~ny atocc-
{ said, and shall be liable 20 p,y al sums due
or to become due, upon the sock ASST yncd
them.
! SEC. 81. Bel further enacisl, That any
Rail Road which hereafter may be cons'ruc.
ted by the State, or by any Company in
corporatcd by the Legislature, shall be at
liberty TO c!osss The roal hereby allowed 10
be constructed, upon level Or otherwis (,
us may be advantageous Prcuiled. That
the free passage OF the metropolitan Rail
Road is not hereby obsrruc;ed.
Sec. 80. BE 4. further, enacted, That
whenever the Rail Road shall be 50 crossed
or approached by any other Rail Road in.
corporated by the State, lie said Metro.
poan Rail Road Company may erect a
depot at or near lh, point of intersection,
where they may receive and deliver passcn-
gers and freight, and take therefor the same
rates Of compe ~sation, and be subject 10 the
same regulations as at other drpo;s; and
should they fail or refuse 10 erect such de-
pots, the Sta.e or Company owning such
interseclng road, may erect onr, and the
Company hereby incorporated shall receive
and deliver passengers and freight at such
depots under. the same regulations aforesaid,
unless the same shall be rendered imprac.i-
bic by the situation of the roaI at such place.
In the Senate House, the nineteenth day
Of December, in the year Of our Lord
, one thousand eight hundred and thirty.
eight and in the sixty. third year Of our
Sovereignty and Independence of the
United States of America.
ANGUS PATTERSON, Presi
dent of the Senate.
D. L. WARDLAW, Speaker Of Tie
House Of Representatives.