The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1866-11-09
Proceedings Of Council.
COUNCIL CHAMBER,
COLUMBIA, November c, 1SC

AN"NtSN3 A"yAN1, w '"iSNA s'iAN> w SoA AZ
The minutes OF the last meeting wero
read and confirmed.
A petition was received from Brown &
Schirmer and others, praying that grain
and other products of the soil be relieved
from taxation. Accompanying said poti-
ton was the legal opinion of q member of
the bar, that the tax MAS unconstitu-
tional. Referred to the Committee on
Ways and Means.
4 petition was received from sundry
cotton merchants, praying that Council
elect one additional weigher of cotton.
Received as information.
The following communication was pre-
sented to the Council:
CHARLOTTE, N. c., October 81, 1866.
To the Hon. Mayor and CITY Council of Co
l1mbid:
The undersigned, President Of the Co.
iumbia and Augusta Railroad Company,
respectfully submit to your honorable
ton: That very liberal charter was
granted to the Columbia and Hamburg
Railroad Company by the Legislature of
South Carolina, in the year 1864 Changing
the name and style to the Columbia and
Augusta Railroad Company; said Act o.:
Vic lItSlSldLuIS Was IaIl1eO Nv al OTCl-
nance Of the Convention Of 1865.
1t is known to your honora BILE body that
the surveys and some graduation were
done during the war, and paid for in Con-
federate currency, at comparatively
cheap rate. The company kept small
force at work from the surrender to Octo-
Der, 1865, at which time reorganization
of the company took place in Augusta, and
it was resolved by the stockholders that
the work proceed to as speedy q compile
ton as the means and resources of the
company would justify.
Since then, the hands at work on the
road have been increased from 100 to 700
laborcrs now at work on the same. At
least three-fourths of the masonry and
graduation have been finished from Co
lumbia to Granitevile, and early in next
year the entire road bed will be ready for
the iron. Sowing to the severe losses in
the destruction of its cotton in Shcrman's
raid, this company, like all railroad COM
pauIes III their incipiency, required the
aid and cooperation of it's friends. 1t had
looked to the cities of Columbia and Au-
gusta for that cooperation to secure its
completion after the subscription to its
capital stock was exhausted. Its applica-
ton is now pending to the city of Augusta.
for o subscription to its capital stock of
100000, and tho undersig igned, in behalf of
said company, requests d subscription by
the city of Columbia of s33, 300. For this
amount, tho Columbia and Augusta Rail
road Company will receive in payment of
its stock an equal amount OF the stock of
the Charlotte and South Carolina Railroad
Company. which, it is presumed, the city
of Columbia holds unencumbercd.
After the dread calamity which has be-
fallen your city, this application is not
made without duo consideration for the
future interest and prosperity of Column
bia and her generous citizens. The rea-
sons for this application are based on the
following considerations: First. The diff
ference in the value Of this amount of
stock of the two companies cannot exceed
81, 600 or So, ,OO0 as neither is likely to be
productive for the next year or two. Sc
cond. That it will turn the current Of
through travel uid Columbia, that now
goes by Wilmington and knoxville. Third.
1t will secure the construction of the Will
mington and Manchester Road from Sum-
ter to Columbia, instead of Kingsville, as
at present-thus giving three lines of COM
petition to the Atlantic coast to Columbia:
one rid Augusta, one Uid Charleston, and
one rtG Wilmington-greatly cheapcning
transportation to your city, and increasing
its commercial Importance. Fonrth. The
city of Columbia has heretofore pledged
herself to subscription of So 0,000 to this
road. Even the small amount asked, would
show her purpose to maintain her good
faith as far as practicable, and such cvi-
dence as this subscription would imply
in her reviving prosperity, would give great
faith and confidence to capitalists in her
future growth and success. Fifth. Tho
opinion is entertained that it would enable
our friends to secure a subscription of
800, 600 from the city of Augusta, which,
with your subscription, will determine the
future success of tho Columbia and Au-
gusta Railroad. Other important consider
atoms will readily suggest themselves to
your intelligent body, why the city Of Co.
lumbia should maintain her heretofore wise
and liberal policy, III aiding all railroads
terminating in her limits. After q desc
latinS war, the real estate is the principal
property left the country. We cannot eX-
pect this to greatly increase in value, with
out the facilities of railroads, which will
invite capital, labor and population. 1t is
believed the construction OF the Columbia
and Augusta Railroad will add, annually,
several thousand dollars to the revenue of
your city, by increasing its trade and the
value of its real estate. 1t is, therefore,
hoped that your Council will not hesitate
to grant this application to q corporate
destined to be so important TO the future
Of your city. 1 have the honor to remain,
very respectfully, yours,
Received and referred to the Committee
OF Ways and Means.
Petitions were received from T. NJ. Pol
lock and G. P. Remsen, for permission to
change their retail license to their present
places of business; from Alfred Tolleson,
to transfer his license to another party,
and from Nathan Miers and James Her
nandeZ, for license to retail spirituous
liquors; which were referred to the Com