The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1869-04-24
(OFFICI4L.]
Acts Passed by the State Leg islature.

an Act 10 amend lie charter Of tie iSuLphu-ic
Acid and Super-Phosphate Company.
SECTION l. BE IL enacted by tie Senate and
House of Representatives Of Tie State Of Somh
Carolina, non met and sitting in General As
sembty, and By The authority of The same.
That the Sulphuric Acid and Super-Phos-
phate Company shall have power, from time
to time, to increase their capital stock to any
amount not exceeding five hundred thousand
dollars, including their present capital stock,
whenever majority of tho stockholders pre-.
sent at any general meeting, or the Board
OF Directors by their authority, shall deter
mine. And such additional stock shall be
divided among the stockholders exactly in
proportion to their shares in the capital
stock OF the company at the time of such
increase; but in case any stockholder should
not desire to take, or should neglect for one
month to take, his or her proportion of
such increased stock, the same shall be al
lotted or disposed Of among the other stock
holders. and books may be opened for the
purpose of obtaining additional subscribers
to such increased stock in such manner as
the Board of Directors may deem expo
dent. And IN no case shall the members
who are unwilling to take their proportion
In such increase of stock be assessed to con-
tribute or to make up such increase.
SEQ. 3 Whenever any such increase of
capital shall have been made rs aforesaid,
the President and Secretary shall make
affidavit of the fact and file the same in the
Office OF the Secretary of State, and make
publication thereof once O week for three
consecutive weeks in a newspaper in the
city OF Charleston, which shall be legal no.
tlce to all persons dealing with said corpo-
ration.
SEC. 3. The said company shall have sue
cesslon OF officers and members. to be
chosen accOrdino tn tho rnlao opd hv low,
made, or to be made, for their government
and direction, and shall have power and au-
thority to make bylaws not repugnant to
the laws of the land; to have. use and make
common seal, and the same to break and
alter at will, to sue and be sued, plead and
be lmpleaded, in any Court of Law or
Equity; to purchase, take, hold, sell and
convey IN fee simple, or for less estate, any
lands, tenements or heredtaments, goods,
chattels, rights and credits which may be
connected with, or In any manner conducive
to, the purposes for which said company is
established, to dig and mine for earths.
marls, rccks and niinerais, to manufacture
the same and such other materials as they
may purchase or acquire into chemical,
ACIDS and fertilizers, to carry on trade there
IN, and cultivate such lands as may be pur-
chased or acquired by the said company for
the purposes aforesaid.
SEC. 4. The stockholders in the said com.
pany shall be Jointly and severally liable for
all debts that ray be due and owing to all
theif laDorers, servants and apprentices for
services performed for such corporation,
and which the said corporation shall fiji 20
pay; said stockholders shall be also liable
to the amount of their respective share or
shares of stock in said corporation for ell
its debts and liabilities; and subiectto these