The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1870-04-03

1870. ROBERT Z. SCOTT,
Governor.
AN ACT TO CHARTER THE MANCHESTER AND
AUGUSTA RAILROAD COMPANY.
SECTION l. Be ii enacted by the Senate
and House of Representatives of the
State of South Carolina, now met and
sitting in General Assembly, and by the
authority of the same, That for the pur-
pose OF establishing railroad from some
point on the Wilmington and Manches-
ter Railroad, between the towns of sum
ter and Manchester and tho town of
Hamburg, or some point near that place,
q corporate Company is hereby author
lied, to be called the Manchester and
Augusta Railroad Company, which Com
pany, when formed in compliance with
the conditions herein prescribed, shall
have corporate existence as body polite
in perpetuity.
SEC. O. That the said Company be,
and is hereby, authorized to construct a
railroad from some point on the Will
mington and Manchester Railroad to the
town of Hamburg, or neur that place.
SEC. g. That for the purpose of raising
the necessary capital stock of said Com
pany, it shall be lawful to open books in
the town of Sumter, under The direction
Of John T. Green, F. j. Moses, Jr., J. S.
Richardson, Jr., M. B. Allen. Joseph
Smith and VIM. 1owan at Florence,
under the direction of E. W. Charles, J.
Eli Gregg, D. 9. Milling, T. D. Nc
Dowell, G. A. Sherman aid A. W.
Thayer; ut Marion Court House, under
the direction of w. w. Harllee, William
Evans and w. S. Mullins; and atany other
place or places in South Carolina; byan
three Of the aforesaid Commissioners.
for the purpose of receiving subscrip-
tions to an amount not exceeding five
millions of dollars, in shares of one hun
dred dollars each, to constitute Joint
capital stock. for the purpose of con
structiDg and carrying into operation the
aforesaid railroad or any part thereof.
The time and place for receiving sub
scriptions shall be fixed by majority of
the Commissioners at Sumter Court
House; and if they fail, then by any of
the three Commissioners hereinbefore
named, having advertised for thirty days
in any newspaper or newspapers in the
State; and the books shall be kept open
for thirty days at each of the places
where they shall be opened. That on
each share of stock subscribed, the
subscriber shall pay two dollars to the
Commissioners, who shall deposit the
hundred thousand dollars are subscribed.
the said Commissioners, or any three Of
them, shall give notice of the time and
place of meeting for organization in some
public newspaper.
SEQ 4. Whenever the said sum of one
hundred thousand dollars is subscribed.
the subscribers, their executors, admins
| traitors, or assigns, shall be, and they are
hereby, declared to be Incorporated into
Company, and shall have all the rights
and privileges conferred upon the North
eastern Railroad Company, according to
their original charter, each subscriber
being entitled to one vote for each share
of stock; which said charter was ratified
on the sixteenth day of December, in the
year of our Lord one thousand eight
hundred and fifty one: Provided, That
nothing herein contained shall be con-
strued 80 as to exempt the said Company
from the payment of taxes.
SEQ. g. The said Company shall have
the right to build bridges across naviga-
BILE rivers: Prooided, They shall put in
good and sufficient draws, and shall con-
struct necessary stations and turn-outs.
with one or more tracks to the road.
with such gauge as may be considered
best, and may cooperate or consolidate
with such road or roads as may be
chartered by the State of Georgia, form
ing but one corporation, at their discre-
tion: Prouided, That said road shall be
subject to the provisions of an Act enti-
tied San Act to declare the manner by
which the lands, or the right of way over
the lands, of persons or corporations
may be taken for the construction and
uses of railways and other works of inter
nal improvement" ratified the twenty
second day OF September, 1868.
SEQ. 6. That this Act shall be deemed
public Act, and continue in force for
twenty one years.
CHAS. w. MONTGOMERY,
President pro tenn. of the Senate.
FRANKLIN J. MOSES, JR.,
Speaker House of Representatives..
Approved the Goth day of February,
1870. ROBERT X. SCOTT,
Governor.
AN ACT TO AMEND AN ACT ENTITLED SAN
ACT TO INCORPORATE THE CHARLESTON
BOARD OF TRADE. F"
Be ii enacted by the Senate and House
OF Representatives of the State of South
Carolina pou N, Of md nu~.I