The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1849-03-28

e,s IN nc rre.,pry noi Otherwise sfrEo- !
Prisi.a.
See. A.. That lhe eeriifea,es q dsbi !
heu-I.y authorized n le issucd. shall he /
transferable 81 he hnl.lers Ihrrsef. ilsir
asrn,s ~ suarneys. properly CONSTITUTED.
N h.,,k "a he kept By he Pubic 1'rras-
urrr lrr thar purpose; and N stery M
sianrr. where iransfrr : nla,sr, The rni.
standing ceni6csie shall he sursndsFrd
asd gwen Mp 10 The Public treasurer, aud
81 him ranrrllrd. and view one. ior ;lie
same amount. issued IN IL plare % ne
prrsaa 10 whom The same : transferred.
See. IL. Th.i lie State shall appoin.
lie nnnlher nf directors in said company,
IN proportion 10 The slos subscribed. who
shall be appointed ~ The Governor. ny
and with The advire and r.nsent at his
rounrR, and reEnnved IN Ike manner.
I See. a.. That The following officers
and servants and persons in The arinul EN-.
. pEnymenl II the said company be. and
lh,r are hrrehy exempted INN The per-
formanfe ii Jury and ordinary militia du-
nv: Tie President and Treasurer Of he
/ hoard &c directors. and chief and assistant
engineers, lie serreiar~s and accountants
81 Ihs company. keepers ri the deposlIo-
1 ries. gsarl stationed an The road 10 pro-
! lccl Il from INJURY. aud such persons rs
may he working the locomotive engshrs
: AMI travelling with The cars for The Pnr-
/ pnse nf attending IN The Transporting Il
produce. goods AID passengers On The
r. ROAD.
(. Sec. IS. Thsi for the purpose ~ pub
+ ling tie Raleigh and Gasi"n Rail Road IN
u good and complete order for The prniiIa.
i bic transportation nf psrsans and pr"since.
4 and lor lie further purpose 81 rrrising
J. the late Raleigh and i;aslnn Rail Road
/. Company, RIlodrs n. Ilerndnn. Thomas
II Miller. John :. Eaton, 81 Granville coun-
Il Nv: William J. Hawkins, Weldon n.
:. Edwards. George ID. Baskerville, Of War
N rem county; George ". Mnrlerai. Rrh.
!. ard Smith. VIM. w. Holden, Of Wake
II county; John d. Hawkins. ST.. Allen Z,
4. Perry, John d. Hawkins. Jr. Of Franklin
n county; and the late Stockholders 81 and
,e nhligors for The Raleigh and CASTOR Rail
= Rod Company, or any part Of them, aud
ii such other persons and COMPUTATIONS rs
il NAV associaie with them. are hereby
le created body pnlIiic and corporate, by
I. The name and style of the Raleigh ant
II. Gasion RAD Road Company. and by tina
II ...lne shall be able 10 sue and he sued, an'
Of shall have. possess and tnjoy all IN,
", rights. franchises. powers and privileges
an vested in and granted To The Raleigh AM
A. Castor Rail Road Company, by an acI
X entitled " An act TO incorporate the III
leigh anil CASTOR Rail Roai Company.
ni passed b. HE General Assembly 81 ihi
"A. State on the - day ol -. an,
id shall I've subject TO all the restraints. limit
or atoms, restrictions and liabilities impO
IN scd BY The said act; and all other pro
Iai visions Of the said act. 81 FAR rs the sam
us remain to be executed, are hereby derlaT
ii. ell 10 be in rull force aud effect, upon u,
he following terms and condlliuns ncyerihC
no less.
be See. 40. Tha, whenever The snid PEI
sons and their associates named ~ III
me foregoing section. shall have subscribe
his tie sum &c FIVE hundred thousand dollar
all for The purposes aforesaid, and shall ha'
by expended The same. in putting the RaleiL
M aud CASTOR Rail Road in full and con
mi plele order. with heavy L Rail irrn.
the other iron equally good, not weighing T.
Ell. than fifty pounds 10 The yard. then Of
'esl half II The said Rail Road, with all u
ay- machine shops. Dcpnis, water station
,la. Engines. Coaches. Cars and every 9th
The properly apprriaining 10 The said Raillso
re. shall he sold, conveyed and transferred
nm The said subscribers, their heirs and 4
fea- signs, hv the Governor. under the gre
. is seal Of the State; and The sand late sloc
lfli- holders and ohligors of the said Rale
, be and CASTOR Rail Road Company, shall
and are hereby declared 10 he forever
hall leased and discharged from all liability
IN 4 the Stale. for aud OH account OF the 5;
use, Raleigh aud Castor Rail Road compar
and upon The payment Of costs incurred. A
bic The Governor is hereby authorized, AM
his Is declared 10 be his duty 10 suspend I
also further prosecution Of suits brought by
Ibhc State. against the said Stockholders a
emf oblyors, until il can be asser,ained whe
!, an er the said subscribers are willing To
urer cepi the conditions of this art. aud q
,onn they shall he allowed two years from
ihe passage Of this act Ia make known III
determination To the Governor. AM
.ces. the terms aud conditions OF this act 81
lie he accepted, aud the work rommen'
~ mr. within Two wears, aud finished wit
I,es. three wears lr,m the ratification Of |
j, !. act. then This act shall continue and he
mil. lall force for ninety years and no 10
any er.
, a.. Sec. AZ. That if the conditions Of
adj act are accepted, and the sum Of
,ha, hundred thousand dollars shall have h
riff. subscribed by solvent subscribers. Ia
line Judged nf by the Governor and Amor
nam General, then AMI in that case, the ,
II he subscribers shall have lawful auihorit,
"a "A mortgage one half Of The said Rallrold
!, -, enable Then, to obtain The necessary q