Staunton spectator, and general advertiser. [volume] (Staunton, Va.) 183?-1849, 1848-04-19
SHENANDOAH IMPROVEMENT.

AN ACT, proVldlhS Tor an increase of the Capt.
tai otock oil the New Shenandoah Company, and
authorizing subscription the part of the State
and for other purposes, passed January oath lS4S.
BE II enacted by the General Assembly, that for
the purpose OF creating Stock in the New Shenan-
Goah Company TO the amount of five hundred thou
sand dollars authorized by the act passed March
10Th, 1854, 1t shall be lawful for the present Stock
| holders TO subscribe the present Capital Stock of
SAID company, now consisting ofone Thousand FIVE
hundred and forty five Shares, originally held at
iiy dollars per share, at half of its nominal or
par yaiae to wit: The sum Of thirty eight thou
sand six hundred and twenty five dollars.
DE IL further enacted, that for the purpose of oh
tanning new subscriptions to the Stock of said Com
Pany, 1t shall! be lawful for the President and D
recoTs OF said Company, to cause books TO be open
ca at such times and places, and under the direc-
.,ono' such commissioners as they may appon, for
that purpose, after thirty days public notice. in
such newspapers as may he deemed necessary to
give proper Information of the proceeding.
he IL further enacted that the Board of Public
works be, and they are hereby all thorized and d.
I rected TO subscribe, behalf of the Common
wealth, for somuch of the Capital Stock, of the
said New Shenandoah Company, as will constitute
t"o'hiths OF the whole amount, agreeably To the
provisions OF the act entitled 'an act prescribing
certain general conditions on which future subscrp,
tons TO the Capital of joint Stock Companies, shall
be made en- behalf of the Commonwealth" passed
February II, 1882, until the Capital Stock of said
Company Gndividua and State subscriptions shall
amount Ia the sum of five hundred thousand dol
lars-and the Board of Public Works are hereby
authorized 10 borrow the sums necessary from time
to time to pay the CONFERENCE.-The subscription. at
fate OF interest not exceeding six per cent per an
mum, provided that no subscription shall be made,
on the part OF the Stale. until the sum of one hun
dred and eightysX thousand dollars of new Stock
snail nave been subscribed and taken by solvent
persons fully a lie to pay.
lie 1t further enacted, that the Board of Public
WORKS be and are hereby instructed to cause sur
vey 10 be made by competent enoneer of the
Shenandoah River and lis branches. and renort to
be made at the earliest practicable period. of the
best mode OF improving the navigation Of the same
OF the probable cost Of the improvement: and of
the present value OF the works now i'm existence
which are the property Of the New Shenandoah
Company and also Of the value Of the water pow
or and other privileges, belonging to the COMPANY.
This act shall be in force from lis passage.
THE LDxigGroN (VA.) PREssYrgey.-
body closed IFS session on last Mordav. having fin
ished the business for which it had been convened
VIZ: the trial Of the Rev. John Skinner. d. D.
Never has cur community been so much excited by
any public matter as by this unfortunate difficulty
between the Presbyterian Church. of this place.
and IFS pastor. We trust that the excitement will
now be aayed, as the Presbytery has concluded its
action upon the matter. On final vote. Doctor
Skinner was pronounced guilty of all the CHARGES.
by vote Of 20 10 8. The whole matter will now
be referred TO the General Assembly. which meets
at Baltimore in May next. to which an appeal was
taken by Doctor Skinner upon the whole proceed
ing OF me body as well as upon many points in the
case Lexington (tIa) Gazette. Oh.
90 w. F. Hevemcycr lLoco) has been elected
candidate. Mr. III belongs TO the Van R,,o, ,,;,x ~