The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1855-05-11
In Act to Incorporate "tlle Wilmington
and Charlotte Rail Read Company.

SEC. l. BE IL enactpd By the General AsScn1-
6ty Of the State Of N0rth Carolina, and 1t IS
hefe6y enacted 6y tie aath0rity Of tie same. That
for the purpose of efecing railroad communl-
cation between Wilmington and Charlotte by way
of Lumberton, Rockingham, Wades borough and
Monroe, The formation OF a corporate company,
with capital stock Of two millions of doHars is
hereby authorized, to be called " The Whining
ton and Charlotte Railroad Company" and when
formed in compliance with The conditions herein.
after prescribed, to hold a corporate existence,
body polite. fer Inc space Of ninety nine
years.
SEC. q That the SAID company be and The same
is hereby authorized TO construct a Railroad from
Wilmington or Smthv.e, or some point on the
Wilmington and Manchester R,iroad in the coun-
ty OF Columbus, or from some point the SWll
Eington and Raleigh Railroad in the county cf
New Hanover, as The Stockholders may deter
mine, ria Lumberon, Rockingham, Wad~sbor-
ougiI and Monroe to the town of Charlote in the
county of Mecklenburg.
SEC. 3. That for the purpose Of creating the
capital stock OF said company. the following per-
sons be and they are hereby appointed conms-
soners, viz: Gen. Alexander MrRae, of VIII
mIngton Alfred Smith, Of WhiteSvilIr Thos. \.
Normenl, Of Lumhertoh, jas. P. Leak, Of Rock
lngham; Walter K. Leak, of Wad~s borough
David 4. CoVington, of Monroe and Charles J.
FIX. of Charlotte
That ii shall De lawful to open books Of sab
scrpHon IN the town of Wilmington. under the
direction OF Ge"rg" Davis, /. {. Worth, \. II.
taE h"hk"Ifn, J"nn =. Lnita, Miles C"St!n, 6e"
X. french. j. II. t!Rnner, Edward hIddcr, ;. u.
Wallace, 4. J. peRosSer, Jr. John A Taylor, Il.
l.. Holmes and ROht. II. Cownn, IA minority oc
thrG; al v hifeSrliIe Under the dire elton Of Cal
vin Haynes, Z. S. Mrmorv, ". il. Baldwin. VIM.
brink and / hoUas Smith, or n,ai iorry OF them
at Far BIui!. IN Columbus county, under II" tIroc-
ton at Ava Smnh, Aug Smlih. John Coley and
n. l." NtlHn.>on, or M jnrity Of th~m; NJ
Lnmhert"n, Dndcr the direction of John 7. Pope
Edward Lewis, Robf. S. French, Robt E. Troy,
Ed'nurd Mc(iuecn, II. +. P''n'an and J, NJ, Car
michael, mujori'v ot them nj Floral Col
Iege, under the direction Of Archibald Smith,.
Malcolm Purcell, JOHN Gilchri>t. Jr., Nriil Nc,
N"i' and William Sellers, minority Of then;
at LauflnsbWg, N the county of Richmond, undsr
the diTecli"n OF Dr. John Mallory, John Farley,
John GlIchrst, ir., David Mcintyre, Dan. Mchen-
non, John l.. Farley, NJ. ". McNair, Drncan
McLaGrin and Rev. Thomas Gibson, or anv three
Of them; at Rocking ham, under the direction OF
Walter /. Lrak, Mi"l Wall, William B. Cole.
Gen. Alfred Dcckery, Stephen Cole, Col. john
W. CoVingtCn and K. 5. Mcdonald, or any three
Of them al Wadrs6orough, under the direction
Of L. +. Hammond, G"orge W. Little, S. ".
Cole, l.. +. Lilly, P. G. Smith, Joseph White, S.
Z. Hargrove, pinder Richardson and Joseph Med.
ley, or any three OF them at EiZ abtthtuWn, un-
der the direction Of .nn. @. NlcDucald, Jn0. J.
NcAiiian, JHo 4. NcD,NroaId Thos C. Sf0ilh
a.ld Duncan Cromariie, @. any three Of fbam at
Monroc, umd"r the direction Of fiuoh Houston.
Samuel H. Wl!kup, Hugh Wilson, Moses CuI-
bert, ST., Jno. Nell and II. Stewart or any three
Of them at CIarOtte, under the direction of Wm
johnson, Jno. a. Young, Jno. irwin LEROY Springs
and John Walker or anv three Of them ; whose
duty it hall be 10 direct the opening Of books for
subscription Of stock, at such times and places,
and under the direction OF such persons as they,
Or rraioriiv OF them, may deem proper and the
SAID commissioners shall have power TO appoint Il
chairman 0: their JoIv, Treasurer, and ali other
officers, aud 10 SUE for and recover all sums OF
money that ought under his act to be recovered
by them.
SEC. 4 That all Dersons who ara herein, or
NAV he heree fer. anDojnied to omen hook Of s,h
scriD,ioa 10 the capital stock OF said comDany,
shu!l open books at any time after the ratification
Of this ACT; twenty davs previous notice having
b. on given in one or Glore Of the nrwsDapers Of
This Slate; aud that when SAID books are opened
thew SHALL be kep; open ior the SPACE OF thirty
davs at least, and as long thereafter as tie com-
missioncrs first above narnod shall direct; that
ali subscriptions Of stock shall be in sums Of fifty
dollars tie subscribers PAVING at the time of max
!ng such subscriDtion two and a bali dollars on
each share lhey subscribed to the person or per
sons auihorizod 10 receive such subscrpion, and
in case Of failure to pay said sum, ali such sub
sc1ptions shall be void and OF effect. And
upon closing liie books, all such sums as shall