The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1870-02-21
buildings within the corporate limits of the said

City OF CnarleStOu
Another bill before the same body provides that
the "ordinance to prevent the erection OF wooden
buildings, and to provide greater security against
hres,n ratified the sth OF May, 1888, and such sec
tIons OF the act OF the General Assembly 'for the
rebuilding the City Of Charleston, as prohibits
the erection of wooden buildings within its lin
It's ratified the lst Of June, 1888, together&ith
such provisions OF the "act to amend the laws In
relation to the erection Of wooden buildings In
the CITY OF Charleston" ratiaedsthe goth OF De-
kceIiber, 1885, be repealed, except as to such por.
tlons OF the said City OF Charleston as are herein
after described, to wit: All lots abutting on the
west side of Eing-street from South Bay street to
caIhoun-s street. and oil rear lots, the en-
tranaes to which ore on said west side of
King street. All that territory lying on the east
side OF King street, and north OF South Bay street,
and extending northerly as far as Society street,
and 10 Coopcr River on the east, excepting such
marsh, mud or water lots as may be located
north of Market street and east OF East Bay
street: also, all that territory lying east OF King
street. running nortllery to Calhoun street. com.
menclng at Society street, and aeasteriy TO Anson
street. All lots abutthg on the cast slide OF Anson
street. from Calhoun to Society streets, including
all rear lots with entrances on said Anson street.
All lots abutting upon tile north side OF
Society street, from Arson street, run
ming east, to Cooper River, Including all
rear lots with entrances on said Soce-
,y street. Every wooden building erected un-
der the provisions OF this act shall be not less
than two stories In height, and the inner walls,
Including all partitions and ceilings, shall be
lathed and plastered, and covered with slafe tin,
tiles. or some other materials not combustible. A
yioator of the provisions OF this act (which shall
not be construed as repeating any portion Of an
ordinance to regulate the erection of steam en-.
rines and machinery propelled by steam within
the city, shall be fined not less than $500, moi
more than 5000. This also received second
reading to-day.
BANKING AND TRUST COMPANIES.
In the Senate, to-day, all but the last section ol
OF bill TO incorporate the Charleston Banking
and Trust Company received second reading.
1t provides that Robert Benson, Charles Bush, C.
C. Leary, John Berry, D. D. Leary, their asso
cIates and successors, be incorporated under the
above name, with capital stock OF two millions
Of dollars. to be divided into shares Of one hun
dred dollars each, with power to make advances
to planters for the purpose Of developing the
Agricultural interests OF the State, upon loans
mortgages or part interest In the crops to be
raised, to receive deposits OF money and other
yaluablcs, and issue receipts !or the same, to buy
and sell bonds, bills OF exchange and promis.
sorry notes, and advance and loan monies, securi
ties and credits, sc.
THE MERCHANTS BANKING COMPANY.
The bill introduced by Wlmbush in the Senate
to-day "to incorporate the Merchants Banking
and Trust Company" provides that John Bates,
Anson W. Thayer, W. W. Dana, c. L. Lucas, W.
Weston and d. Ames, be Incorporated under the
above name with capital stock OF one million
dollars, to be divided Into shares OF one hundred
dollars each, to make advances 10 planters for
the purpose OF developing the agricultural inter-
csts OF the State upon loans. mortgages, or par
interest in the crops to be raised; to receive de
poslts OF money and other valuables, and issue re
ceIpts for the same; to buy and sell bonds bills o.
exchange, promIssory notes, &C.; that the princl
pal office OF the company shall be located In
Charleston.
Donaldson introduced In the Senate, ts-tlay,
bill TO incorporate the South Carolina Banking
Company, which provides that r. ]. Donaldson
and his successors be incorporated body cor
poratc for the purpose of carrying Oh genera
banking business in the State of South Carolina
with capital of one million Of dollars to be dlyld
cd into shares OF one hundred dollars each.