Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1859-01-05
TO Incorporate the Columbia and Hamburg

To Incorporate the Columbia and HamLur:
Railroad Company.
I. Be it enacted by the scls% and House o
Representatives, now met ssJ sitting in Gener.
Assembly, and by the 3. herity OF :he same
That the formation of corporate Gel>n.;;;y ~ -
hereby authorized ir the snI...-s sei .: Il hall
road, ors&he most practicable route, from some
point in or near the city of Columbia, in Rich.
land District, to the Savannah River, at or near
the town of Hamburg, in Edgefeld District,
which said Company shall have the exclusive
rightto 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.
II. 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. j. Buckmaster and j. W. Stokes !;
at Columbia, uuder the direction Of e. W.
Thompson, R. G. Bryce aud Willism Wallace !;
at Lexington Court House, under the direction
of John Fox, j. A. Hendrix and A. H. Fort: at
EdgeGeld Court House, under the direction of S.
Christie, R. T. Minis aud S. F. Goodc and at
such other places, end under the directions of
such other person as the said Commissioners, or
majority of them, may designate, for the pur.
Sas glS snS'sTPt'9ns u Gno to an amount not
twenty-five dollars each, to "on,.;tnto ~
capital stock for the purpose of !o,;
carrying into operation the Railroad. NV .,;s ~,
provided for; aud on each share of .he s,ack
subscribed for, the subscriber shall pay to the
Commissioners, who shall take the same, me
sum of one dollar in specie, or notes 5 specie
paying Banks of this State
III. That it shall be the duty Of the said Com.
mlssloners or 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 EdgcEeld Court
House, which said books Of subscription shall
remain open for the space Of sixty days, and if,
at the expiration of that time, the SUM of one
hundred and fifty thousand dollars shall have
been subscribed, the said Commissioners shall
the stock to meet for the purpose of organizing
of which due notice shall be given by public adj.
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 NAV, at their
discretion, again open books to receive further
subscriptions for said capital, and keep them
open at such places and for such time :.s 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 tho 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 fit, and for such period
of time as they may prescribe: Proridcd, That
if, upon the first and second opening of the said
books, the sum of one hundred and fifty thousand
dollars shsll have been subscribed, the power to
keep open said books shall be transferable to, and
vested in, the subscribers to said stock to the
President and Directors whom they may appoint
and not in the Commissioners And, prorielel,
1lso, That neither the said Commissioners, nor
the subscribers of stock, nor their President and
Directors, shall have power to keep open said !
books, and to receive subscriptions for a longea
period than FIVE years from the ratification OF
his Act 6
" That when the sum of ono handred and l
ifty thousand dollars shall be subscribed for in
manner herein prescribed, the subscribers shall
be, and they are hereby declared to be incorpora.
tod into Company, by tho nsma and style of p