Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1859-01-05
To Incorporate ae Columbia and Hamburg
Railroad C0unanu

To Incorporate the Columbia and Hambur.
Railroad Company.
I. Be 1t enacted by the serG and House o
Assembly, and by the 4 hority of the same
That the-sermation Of Corporate Con,u.YI = y n II
4she,eny authorized 6r the -an1I-aseis9S! fsl
road, oe+he most prrcfscable route, from some
~ point in or near ths city of Columbia, in Rich
land District, to the Savannah Rivesat or near
the town of Hamburg, In Edgefeld District,
which said Company shall have the exclusive
zght'to make, keep up and use such Railroad /;
and for the term of time hereinafter to be men
toned, no other Railroad shall be constructed
between the points above designated.
d. That for the purpose Of raising the capital
stock of said Company, it shall be lawful to open
books at Hamburg, under the direction of Charles
Hammond, E. ]. Buckmaster and ]. W. Stokes !;
at Columbia, uuder the direction of G. W.
Thompson,R. G. Bryce and William Wallace !;
at Lexington Court House, under the direction
Of John Fox, J. A. Hendrix and A. H. Fort. at
Edgeield Court House. under the direction of S.
Christie, R. 7. Minis and S. F. Goode and at
such other Places end under the directions Of
such other person as the said Commissioners, or
amajority of them, may designate, for the pur.
nosa ess7eiyiag g subscriptions to an amount not
t~enty'nve aclals eacn, W Constitute Joint
s'Hsf Ss and
provided for; and on each share ofIhe stock
subscribed for, the subscriber shall pay to tho
Commissioners who shall take the same, uIe
sum of one dollar in specie, or notes q specie
paying Banks of this State
LII. That it shall be the duty of the said Com.
missioners, or a majority of them. to open books
of subscription at such time as they shall deem
expedient, Of which thirty days previous notice
shall be given in any newspaper which may be
published in the towns of Columbia and Ham.
burg, and at Lexington and Edgefeld Court
House, which said books of subscription shall
remain open for the space Of sixty days, and it.
at the expiration of that time, the sum of one
hundred and fifty thousand dollars shall have
been subscribed, the said Commissioners shall
appoint time and place for the subscribers to
the stock to meet for the purpose of organizing,
of which due notice shall be given by public ad.
vertisement. 1t shall be the duty of the said
Commissioners to deposit in some of the Banks
of this State the amount Of money paid in upon
subscriptions to stock. But if the sum of one
hundred and fifty thousand dollars shall not be
subscribed within the first time appointed, the
said Commissioners herein named may, at their
discretion, again open books to receive further
subscriptions for said capital, and keep them
open at such places and for such time as they
shall think proper and fit, and the like course
shall be pursued by the said Commissioners on
the second opening of said books as is prescribed
as to the first opening of them. And if the sum
of one hundred and Fifty thousand dollars shall
not be subscribed upon the first and second open.
ing of said books, then the said books may be
closed or kept open, as majority of the said
Commissioners shall think ft, and for such period
of time as they may prescribe: Provided, That
II, upon the first and second opening of the said
books, the sum Of one hundred add fifty thousand
dollars shall have been subscribed, the power to
keep open said books shall be trsnsferredto, and
vested in, the subscribers to said stock the
President and Directors whom they may appoint
and not in the Commissioners: And, proride<1,
also, That neither the said Commissioners, nor !;
the subscribers of stock, nor their President and
shall have power to keep open saidkA
books, and to receive subscriptions for longa
period than FIVE years from the ratification Sof Il
his Act 6
" That when the sum OF Strand i
6fty thousand dollars shall be- subscribed for inI
manner herein prescribed, the subscribers shail1
BE-, and hey are hereby declared to be incorpora.
led into , Compsuth by the nsme and style of p