Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1871-07-13
AN ACT to Charter the. Ys1aqssee
and Mlllsa kaih'oad Company, IN
the .T1te of South Carolina.

AN ACT to Charter the Ys,apssee
and MiHe,, haihoad Company, IN
the State of South Carolina.
SECTION Il Be 1t enacted by the
Senate and Housesof Representatives
of the State ef South Carolina, now
met and sitting in General Assem-
bly,, and by the authority of the same,
That for the purpose Of establishing
a, Railroad Company from Yemassee,
on the Savannah and Charleston Rail
road, to a point at or near Mlllen,
Georgia, thar charter, with the rights
and privileges incidental to the same,
be, and is hereby, granted to, and
Yestaa in, John 2. Rateq, ! TFEaRels Eaj'!:l 2.
Douner, Lewis D. Sam, Daniel John
son, James A. Daabar, Lewis Brum,
Emery Washburn, John B. Dennis,
Kerney L. Jones, Timothy Hurley,
Auson W. Thayer, H. H. Montgome-
ry, George Waterhouse, ]. G. Mayo,
j. NJ. Crofut, H. NJ. Stewart, ST., H.
| J. MaxwelI, and their.associates and
when Company shall he fpfMed, in
compliance with the conditions here
in prescribed, it shall be known by
the name Of the Yemassee and. Mil
len Railroad Company, and shall have
corporate existence, as a body .po-
lite, in perpetlity.
sEe. 3. That tho capital stock; stock of
said Company shah be nEs lAlilion
A5,oOo,O ,OOOE Edollass,j in shares Of TWEEN
ty-fve dollars each; and, in order
to raise the said capital stock, it shall
be lawful to open books of subscrip-
ton in such places, and at such times,
rs may be deemed for the best inter
csts of the corporation, under the dl-
rection Of the corporators-the times
and places f9r receiving such sub.
scriptions to be determined by q ma
jorify of the corparators bnt should
such q majority hil to fix such times
and places may be fixed by any four
of the corporators hereinhetore nam
ed, having given due notice Of the
same in any newspapers of the State;
and the subscription books shall be
kept open for twenty days from such
times and at such places, as said cor
poNatoEa u.ay 9sternire; that on
each share Of stock Elhsrribad the
said subscribers shall pay two dollars
to the corporators, who shall deposit
the same in some national or State
bank. When one hundred thousand
dollars shall have been subscribed,
the said corporators, or any four OF
them, shall give notice, by publica-
ton for at ieasS t2T days, OF the
time and place OF meeting tor oFgalnl-
zation. !
SEC. 8. Whenever the said sum Of
one hundred thousand dollars shall
have been subscribed, the subscribers,
their executors, administrators and
assigns, shall be, nd'they are here
by, declared to beincorporated into a
| Company, and shall, have all the
rights and privileges conferred upon
The Savannah and Ghafaeeton Rail
road Company, ratified December
2lst, 4. D. 1858 :. Provided, however,
That; nothing herein contained shall
be solconstrued as to exempt the said
Company from the payment of taxes
And provided, further That this Act
shall not be construed so as to bind
the State to endorse, guarantee or aid
| said road.
SEC. i. Chat the said Company
| shall have the right to- build bridges
across navigable rivers: Provided,
They shall put in good and sufficient
draws, and shall construct necessary
stations and turn-outs, with one or
more tracks to the road, with such
gauge as will correspond with that OF
the Savannah and Charleston Rail
road, and may cooperate with such
road or roads as may be chartered
by the State of Georgia, forming but
one road, at their discretion: Pro
vided, That the said road shall be
commenced within one year, and
completed within five years, after the
passage of this Act, or the charter
thereof shall be forfeited: And pro-
We'd, further, That said road shall be
subject to the provisions of an Act
entitled IAN. Act to declare the
manner by which the lands, or the
right of way over the lands, of per-
sous or corporations may be taken for
the construction and uses of railways,
and other works Of internal improve
ment, u ratified September 22d, A. D.
1868.
SEC. S. This Act shall be deemed
a public Act, and continue in force
for twenty-one years.
Approved March 9;;I87l. ~ .
MACE sTil 3 i Vest tzi RsgM and 1als