Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1871-05-19
the stuck holders may Ak.

franchises, or any lutereSts therein, or any
thereof, to, or may un,,e with, any telegraph
company organized under or created by the
Laws ct this or uny other State; may acquire
by lease, pur hnse or conveyance, the proper
ty, rights privileges and franchises or any
Interest therein, Or any pprt ereof Of any
telegraph company organized under or creu
/ ted by the laws of this or unv other State,
md may make payment therefor in its own
stock, money, huuds or property. or receive
payment therefor in the stock money, bunds
or property Of the corporation to which the
same may be sold loaned, or mortgaged or
conveyed, or of any other corporation or cor.
porations: Provided, however. that no such
purchase, sale, lease or Conveyance by any
corporation shall be valid until the written
consent of the holder on holders of ma inr.
| ity of the capital stock shall have been ob.
taincd,
SEC The stock subscribed for mny be
issued at such pr &C of subscription, and up
on such terms of payment or exchange, ns
the holder or holders of majority of the
stock at such time shall determine, except
that the iirst subscription price. terms of pay
nent OF exchange shall be fixed by the per
s'ns first above named and any corporation
or corporations may subscribe for. purchase.
hold, sell or convey the cupitnl stock of this
corporation, US often. and TO as great an ex
tent, as such corporation Interpretations may
deem advisable.
| SEC 8. That said corporation n,ay issue
bonds for such an amount ns the officers shah
fix. aud may secure the sa,ne by mortgage
upon SO much Of the property, rights. privi.
legcs and franchises Of said corporation as
may be named in such mortgage, whicl. mort
gage may b" recorded in the Office ot the reg
istrar of mcsne conveynnccs in the County
of Richlnhd, in this State, and thereupom,
and thereafter, 1t shall become and he lien
upon all the property, rights, privileges aud
franchises. or OF any interest therein, and OF
uny part thereof, described in said mortgage.
SEQ. Any person who shall wlfuly and
malciously, i"jure, muest or destroy any
OF SAID lines posts piers or abutments, or the
materials or property belonging thereto, shall,
on conviction thereof, be punished by a fine
not rxcrt ding five hundred dollars or impris.
onmcnt in the Pcntrntiary at hard labor net
exceeding one year, or both. in the discretion
of the court before which the conviction shall
be had, und, in addition thereto, shall pay
such damage> as shall be canscd by hi a or
her, to be recovered in civil action by said
c",pnr"tion
SE TO- The TN I'd of directors, as often
tn inter sis OF the corporations shall require
are llrr,hy authorized to and shall fix the
rate or rates for transmission or delivery ofany
ms: age or messages which may be required
to hr paid in advance.
SIC l. Any person connected with such
telegraph company. either as operator, mes
srngcr, agent, servant or clerk or in any 9th.
er capacity who shall wiIfully and malicious
~ disclose, divulge or communicates, or per
IN thn S,tnp IN h. dana tI,n oontnaf, ~ ,I,,
nature of the contents Of any private message
or communication entrusted to or left with
him. or her, or such corporations, for trans
mission or delivery. oIEcr than to the party
or parties entitled thereto. or who shall vii
fully refuse or neglect to transmit 0r deliver
the same, he or she shall. un conviction be-.
tore any court. be adjudgrd guilty of Il misde
Incanir, and snail suffer imprisnnme It
in the county Jail or workhuusc where
such conviction shall be had for
term ct not more than three months or shall
pay line not tn rxcr'd five hundred duars
"r 9TH In the discretion Of the court.
SEC. ~ All acts nr parts of act contrary
:" "r 'nc"nSi>rnt with thus act are. fnr the
purposes OF this act, but for no other purpose
crhy repeated
SEC l3. This act shall take effect inmcdi
ateIy
Approved the 7,h day of March, a. D.
1871.
An Act to authorize the formation OF, and to
inc"rpurate, the Tugalo and Chattanooga
R'iroa.l Company
Whereas, it is desirable that there should
Tea connection. by raIrond. between sml,e
point on the Blue Ridge Railroad and chat
tnnng', Tennessee; therefore.
SECTION L. BE II enucied be the Senate
and tl"us of Representatives of the State
of South Carolina. now met and sitting in
General Assembly, a;a ty the authority OF
the same:
That the formation of II corporate company
Is hereby authorized Tor the purpose of con.
st uct ng railroad from some pointon tue Blnc
Rid &c, Rnllrrah Oconec County, to the Town
OF thatano "a, in the State OF lenncss, G, so far
as said railroad shall run through this State
| the said company to have exclusive right tn
| make, keep aud use such railroad; aud for
| the tcrm Of time hereinafter mentioned no
other railroad shall be constructed between
the sa lie points.
| SEC 2 That for the purpose of raising the
capital stock "t said company. it shall he law
tul to open bucks ut WalhalIa, under The d.
rccti"n of Robert ~ Thompson, f.. p. Yer.
ner, z. H. Dean 0. NJ Doyle aud a. q.
Norman, ns commissioners. aud ut such other
| places, and under the dircctition of such other
| persons, as the said commissioners or n ma.
| jnr,ty of theIi. may Designate for the purpusr