The independent press. (Abbeville C.H., S.C.) 1853-1860, 1860-09-07

Ine Georgia line defines one terminu
OF tho road which the Company is empower
ed to construct in South Carolina. Ever,
charter for rail soad, of course, define
ITS termini and general direction. This i
necessary, in order that the Legislator,
sbonld not be embarrassed in future grant
OF charters, and to prevent encroacbmeut
on charters already grated. In the gran
OF charter, as in every other grant of .
puOl'ce or private nature, it is necessar,
on the part of the grautor to define the
thing granted, SO that the grantee may no,
claim more than the grantor intended, or 8
different thing. This is all tha, is intended
by the terms Of the charter which defines
the terminal Of the Blue Ridge Rail Road
in Souht Carolina.
There are certain powers incident to
every corporation, without any special grant,
such as to purchase, hold and convey real
and personal estate, to sue and be sued. to
have common seal, and to do all lawful
acts incident TO corporation, as well as all
o'ner acts necessary or advantageous to the
end or purpose for which the charter is
granted. Under these incidental powers
the President and Directors of Rail Road
Company, with the concurrence of the
stockholders, may subscribe to the Stock
OF any other Rail Road Company, be it lit
tie or much; it may be for the amount of
freight for materials, or it may be to the
amount of the cost of the road. For if the
subscriptions for small sum is legal, so
must be the subscriptions for large sum.
One Rail Road Company may purchase the
entire road.o another Company.
The Charleston and Savannah Rail Road
Company was chartered to construct road
between those cities; yet, because IFS ter.
mini were so defined in the charter, that
did not prevent subscription lately by the
Charleston and Savannah Rail Roads Com
pany of more than 100000 to the sfoek
OF the Port Royal Rail Road Company.
80 the Northeastern Rail Road Gorhpany
has lately subscribed Il large atnoantao1the
stock OF South Carolina Central, ,RajE Road
Company; and the South Carpiina Rail
hoad Company, which was chartered 80
build road 10 Hamburg-'Note the aoords
10 Hamburg'-has not only constructed a
road into Georgia, to unite with the Geor.
g'a hail Roads, but has recently subscribed
s25o,ooo to the Macon and Augusta Rail
Road Company, to build road in Geor.
gia.
l do not know that the Charlotte and
South Carolina Rail ROAD Company has
yet subscribed Stock in any other Rail
Road Company, but take it for granted
that following the example of other Rail
Road Companies, it will subscribe to the
Stock of the Hamburg and Columbia Rail
Road, which would put the people Of Edge
held ('or whose especial use in the pepding
election, your letter was publised, if not
written,) 'on tie line Of travel North, over
the Charlotte and South Carolina,, T. RaTtt.
l'ood, in building which Hamburg and
Columbia Road, you assure the people Of
ldgeheld District 'it would afford me great
pleasure to assist them by State aid to the
amount of $4,000 per mile.
And SO, also, I have no doubt the Char
'otte and South South Carolina Rail Road
Company will subscribe 10 the Stock of the
Rail Road Company which is chartered to
rail road from Charlotte to
Statesvile, which road, you say, via the
Soath Carolina Central Rail Road, starting
At Gourdin's Station on the Northeastern
ka'l Raod, and ending at Charlotte, will
place Chaleston 10 connection with the
North CarolinasXe extension at States
'ille;' which ,esifsubserve all the purposes
'f the Blue Ridge Rail Road
This Statewide connection with Charles
ION, by means of the South Carolina Cen
raj Rail Road, you recornmc nd to the peo-
pie OF Edgeield with great earnestness.
You do not, however, advert to the conuec-
ion Of StatesviIle by the Charlotte and
South Carolina Rail Road with Columbia
md Charleston. The completion of the
south Carolina Central Rail Road to Char.
otte, will stimulate to speedy completion
he Charlotte and Ststesville connection and
hen the Charlotte and South Carolina Rail
Road will also 'subserve all the purposes Of
he Blue Ridge Rail Road r
Almost every Rail Road Company in this
seate, and many in other States, have assis.
ed 10 the construction Of other and tribus
'sry roads by subscriptions Of Stock. The
Blue Ridge Rail Road Company did, what
a so customary, subscribe to the Stock of
he Rail Road Companies in Georgia, North
Carolina and Tennessee, designed to con-
'ect Charleston with Knoxville. so much
Stock as was pecessary, in addition to the
ma in !. thoao c. .to. A.. ~ /