Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1862-01-16
AN ACT to incorporate the York Gas
Light Company.

General Assembly, and by the authority Of
the same, That john 81. Adams, Henning
F. Adickes, J. Rufus Bratton, Richard s.
Moore, Stanhope Sadler, and others, who
now are members of the York Gas-Light
Company, and such other persons as may
become members thereof, be, and they are
hereby, declared body polite and corpo.
rate, by the name of the "York Gas. Light
Company" with capital of sixteen thou
sand dollars, and the privilege to increase
the same hereafter to any sum not exceed
ing thirty thousand dollars.
II. That the said company shall have
succession Of officers and members, and
shall have authority to make rules and by
laws, not repugnaut to the laws Of the land;
to have and use common seal to sue and
be sued, plead and be impleaded, by their
corporate title: in any Court of law or equi
ty in this State; aud to have and enjoy all
and every right and privilege, incident and
belonging to incorporated bodies.
I'LL That the said company shall be abe
and capable, in law and equity, to have,
hold, receive, possess, enjoy and retain, all
such property, real and personal, as they
may now be possessed of, or in any wise
entitled to, or which shall have been, or
shall hereafter be, given or bequeathed TO-,
or in any way acquired by them; and shall
have power to alien, sell, or otherwise dis.
pose Of, the same or any part thereof: Pro.
vided, The amount so held by the said
company shall 10 no case exceed 10 value
the sum of twenty thousand dollars.
w. That the capital stock Of said CON-
pany shall be divided into shares of one
hundred dollars each, and on any increase
of the capital, as hereinbefore provided for,
the same shall be raised by subscription,
10 shares of one hundred dollars each.-
And at the election of officers, aud on all
matters that may be submitted to vote OF
of stockholders, each shall be entitled to
one vote for each share held by him.
Y. That the shares in the capital stock
of the said company shall be deemed per-
sonal estate, aod be transferable only on
the books of the said company. And no
part of the said capital stock shall at any
time, or under any pretence whatever, be
loaned to, or divided among, the stock
holders nor shall said capital be Withdrawn
or divided among the stockholders, until all
the liabilities of the company have been
fully paid nor shall any dividend at any
time be declared, except of the nett earnings
and profits of the company, over and above
the capital
W. That the said company shall have
power to man ufacture, make and sell Gas,
to be made of rosin, coal, oil, turpentine,
or other material, and to furnish such guam
titles of Gas as may be required in or near
the town of Yorkville, for lighting the
streets, stores, aud buildings there situate,
and for other purposes to lay pipes or 9th.
er conductors, for conducting Gas through
the streets, alleys, lanes and squares of the
Town of Yorkville and its vicinity.
VII. That if any person shall wilfully
injure, or cause to be injured, any Of the
property of the said company, such person
shall forfeit and pay to the said company
treble the amount of damages sustained by
such injury, to be recovered by action in
any Court having coguizance thereof; and
shall also be considered guilty of a misde-
meanor, and being thereof convicted, shall
be punished by fine not exceeding three
hundred dollars, or imprisonment not ex-
ceeding one year.
VIII. That this Act shall be deemed a
public Act, and continue Of force for the
period of fourteen years.