The Abbeville banner. [volume] (Abbeville, S.C.) 1847-1869, 1854-02-02
FAf ACT to nmend the cha{ {ef the Green
| Vile and Columbia Rail RoaSSmpany.

~. Be it enacted by the senaS Shnd House of
representatives, now met and siNg in General
As, Assembly, and by the authority the same,
That the charter Of the GrccnviNR Rnd Colum-
,' S'a kn'l Road Company be amsn& in the fol-
lowing particulars, that is to san II the cap
ital !! stock of the said Company, LsH "a of being
limited to one hundred thousuS6d }Ilares, Of
twenty twenty dollars each, may be irknRd TO ONE
twenty dollars each. x u aaN
IL. That the sad Grccnyillc a;H Halnmbin
atr,,o, atan Nond Company shall have p Com
o'iuSs una Ouild q branch of tl,eI3 I'D from
some point on their main trunk ES9luda
Rivcr TO connect with the South GA 10 Rail
hoad at or East of Aiken, und for ia Expose
an the powers, privileges aud cxemEy fhero. 4
totore given and granted to the said a my as
TO their other road, shall be, and thaA Ihere-;
6y re-enacted, and given and grautedSA ssaid
Company. Il
III. That the said Company shall ID is
authorized and empowered, w;,h;nt ielve
lliohths utter the ratification of this ACT, nch
manner and form, and at such times amp ices
as tue direction of snid Company may or1Mtnd
e'rect' 10 open and close books of suLsISS{on
10 ,"r new stock in the capital Of the said CoA. w,
" " oe employed in tho construction of tIi. Nid
branch Rail Road. 4 lz
t ,r; mat the said Company sl,all be all.
10 subscribe upon said books, IN amount u
20 !. lhat subscribed by individuals and Corr
Ions ana that as soon as twenty-five tho,s !
snarcs' OF twenty dollars each, including
a,o,es"'o SUBSCRIPTIONS of the said Comm,
sna'I 81, nave been subscribed in manner aforcsr
Cie same shall be entered upon the records of Il
,.I,., ~, unu thereupon the new subscribe
wno shai' come III under this Act shall be s,ocl
holders, and entitled to all the rights and piiS
ncges, and subject to all the liabilities of the or
iginai stockholders in the said Grcenvillc mn
Gonimola Kali Road Company, except that the,
sha!l not be liable to assessment.
v. That the said Company shall have power
10 extend their Rail Road, or to build and con
strnct Kali Road from Grecnvillc, the prescn
head of their road, upon the most pruct;cnbl,
route: to the line between this State and Nur,l
carolina, in the direction of AshcviIlc, and fp,
'hat purpose to open and close books for sub
scription TO the capital stock of the said Compan,
at such times, and in sucl, form and manner a.
the direction Of the said Company may and shaI
order and direct; Provided, That the capita
stock thus to bo subscribed, together with tha
previously subscribed, shall not exceed the can
ita' stock of the Company, limited by this Act
AND provided also, That if the said Compan,
Fhaii TAIL to construct and finish the said Railroa,
from Greenvile to the State line aforesaid, with
IN ten years from the ratification of this Act. n
Ine powers Ill this clause conferred upon the sal,
Company, slnl cease and be us if they had neve
been conferred. That the snid Compnny shal
Po"SA " cAteUu tueIr Rult nOau, or Z
DuIld and construct Rail Road from Abbevill
Court House, upon the most practicable route, t
the Savannah River liz the Direction of Washing
TOM Georgia And for that purpose to open un,
close books for subscription to the capital stock
sald Company, nj such times and in such form
and munncr ns the direction Of said Compan,
may aud shall order and direct; Provided, Thu
the capital stock thus 10 be subscribed, togcthc
with that previously subscribed, shall not cXcee,
the clDltaI stock nf tho tn,1 I,
this Act; And provided aso, That if tho Com
panysha fail to construc, and finish the said Raj
Road from Abbevillc Court House 10 the Savan
nah River i'll the direction aforesaid, within, te,
years from the ratification of this Act, ait til
powers in this clause conferred upon tile sal,
Company, shall cease und be as if they ha,
never been conferred.
vi. That the said Grccnville and Colunol,i,
KuIl itUad Company may unite with any ant
all other Kali Roads connected with it, if tn
Companies interested shall agree upon the term
OF amnlSnmation, and in cusc .ofuInion, the roa,
so united with the GrcenvlIc and Columbia Rui
Koad shall bee. me part of the property. Of sait
Company and all the powers and privilege
granted by the charters ofthe Company, or Com
pnnles so united with the snid Grecnville an,
Columbia Rail Road Company shall be assignee
to and become privileges of the said Grcenvil
and Columbia Rail Road Company. -.
VII. That III MI meetings of the Grccnyille an,
Columbia Rail Road Company, the S.cckho!!
ers ssha and may be Represented. If thcy choose
by proxy; Provided, That no one but Stock
holder .shalIbe proxy, and the appointment o
of proxy in all eases must be in writing, an.
signed by the stockhoidcr appointing the proxy
which, in all future meetings shall be sufficient
anything in the charter, heretofore granted, I,
tho contrary thereof in anywise notwithst anti,lQ
VIII. That the said Grecnvillc and Cou,t,biH5
III Ri, 2g2al Company shal be and is hereby eX
npt from the provlau,rs os. t.: sectipi
f nm Act ertied can Act to incorporate certli
'illagcs, societies and companies, and to rel3iss
md to establish the principles on which chSSfS4SsS:
+ incorporation will hereafter be granted" rata
fed OH The seventeenth day of December, in the
'car of out Lord one thousand eight hundred
md forty one.