The Sumter watchman. [volume] (Sumterville, S.C.) 1855-1881, 1871-04-12

corporate Company Is hereby authorized ior the
purpose Of constructing arail rosd from some
point on the Blue Ridge Bail Road, Ia 0cenee
County, TO the town Of chasssnoosa, II tho etase
Of Tennessee, 90 far as said rail road shall run
through this State, the said Company TO have sx-
ntunye right to make. keep and uss such rstf road;
and for the term oftims hereinafter mentioned no
other rail road shal be constructed between tho
same points.
Src.2 That for the purpose Of raising the capi-
tel stock Of said Company, It shall be lawful TO
open books at Walhalla, under the direction OF
ROBERT A. THoNPsoN, E. P. WERNER. P. L. DEAN,
o. II. DOYLE and A. E. NosMAS, as Commission
ers, and as such other places, and under the d.
eecion Of such other persons, 40 the said connie
sioners, or majority Of them may designste, Tor
the purpose OF receivisg subscriptions to an amount
I not exceeding two millions OF dollars, In shares
OF one hundred dollars each, to constitute Joint
capital stock for the purpose Of constructing and
carry & into operation the said rail road; and on
each share Of the stock the subscribers shall pay
to the commissioners, who shall be authorized to
take the same, the sum OF five dollars in lawful
money Of the United tate.
SEC. 8. That when the sum Of three hundred
thousand dollars shall have been subscribed, III
the manner before specified, the subscribers shall
be, and they sre hereby, declared to be body
corporate, TO be known by the name and style OF
the Tugalo and Chattanooga Rail Road Company,
and may meet and organize the said Company, at
such time and place as may be designated by the
commissioners beiero named for Walhslla.
SEC. 4. That the said Company shall have
power. and they are hereby authorized, to con-
struct one or more branches from the said road
10 connect with other roads in this State, at such
point or points as they may deem meet and proper,
and ssid Company shall have power to consolidate
or unite with any other Company or corporation
havinr like powers.
SEC. s. That for the purpose OF organizing the
said Company, all the powers conferred by the
charter Of the Greenville and Columbia Rail Road
Company on the Commissioners at Greenville
shall be- and they are hereby, conferred on the
Commissioners herein appointed at Walhalis; anu
all the powers, rights and privileges granted by
the said charter aud ito amendments to the Green
yile and Columbia Rail Road Company
shall be- and they are hereby, granted to the
Tugalo and Chattanooga Rail Road Company.
and subject to like restrictions as are therein
contained, except as to the capital stock,
/ the sum necessary to authorize organization,
and the amount OF shares, aud except 80 far ss
may be necessary to conform to the special provi-
sions OF this Act; Prorided. ho,,euer That nothing
herein contained shsll be 80 construed as to bind
the State to subscribe stock to said company, or
make any appropriations to enable the said COM
pany to build the said road, or 10 any manner TO
loan the credit OF the State thoreto.
SIC. G. That in the event any vacancy should oc-
cur in tho commissioners herein appointed at
Walhalla, from death, refusal to serve, or other.
wise. the Senator and House Of Representatives
lat the time beng), from the town OF Oconee,
shall be- and they are hereby, authorized snd en-
powered to supply the same by appointment.
SEC. 7. That the charter hereby granted shall
continue to endure for the term OF thrty-si1 years
feou, the date hereof; and this Act shall be taken
and deemed to be public Act, and all Acts and
parts OF Acts inconsistent with this Act be. and
the same arc hereby. repealed; Procided, That
said company shall commence the building OF the
said road within two years, and have the same
completed within six years.
Approved March 7th, A. D., 1871.
| Az ACT TO INCORPORATE THE CONTINENTAL TELE-
GRAPH COMPANY.
SECTION I. BE IL enacted by the Send e and House
Of RemYsenta,ices Of Me State Of .south Carolina,
nosr met and sitting im General Assembly, and dy
the authority Of Me same, That WILLIAM II. HALL,
ErHAx A. HALL and CnARLEs THURMAN, and all
those who shall become Stockholders in the Com.
pany hereby incorporated, shall be body pohtie
and corporate, by tho nsme Of the Continental
Telegraph Company, and By that name shall have
perpetual succession. aud may have and uso
common seal, and may sue or te sued, in any
Court OF competent jurisdiction.
SEC. 2. Such corporation is authorized to con
struct lines Of telegraph aong, upon, ACROSS over
under and beside Of the Greenvie and Columbi'
Fail Road. and apy Of the public roads and high
ways, and under and across any OF the waters
within the limits OF this State,Or 30 much or q
many OF either of the foregoing rs may be dsemet
expedient, by establishing suitable Offices aud th'
erection OF the necessary cords or wires and hx
lures, including posts, piers or atutments Ior sus
tain,ng the cords or wires OF such lines: FT0caded
The same shall not be so constructed as TO incom
. mode the public use Of said roads or hignVays
, or iniuriously interrupt tho navigation OF SAT-
waters: and also to construct . line or lines o
telegraph, aud TO establish Offices, and erect sucl
necessary cords or wires and fixtures, including
the posts, piers or abutments, ss aud for To-
purposes Aforesaid, and keep, hold and maintau
the necessary Offices upon. through or over an
other land, subject to tho right Of the owner o
owners thereof to full compensation for the same
, to be agreed upon by said owner or owners AM
the said corporation, or to be fixed or determines
a. hereinafter provided; and the said corporation
NAV, in like manner. and with like power. con
struct lines OF telegraph to such place or place
without this State as the Board Of Directors ma
elect
SEC. g. Such corporation shall have foil poUe
to purchase, lease, receive, hold and convey re-
estate or any interest therein, and may, in add
ton thereto, use such real estate or any interea
| therein, Is may be necessary for tho convenien
transaction Of the business, aud for efsctuali
carrying On the operations OF said corporation
, and may appoint such Directors, officers An
. agents, and mako such prudential rnles, regula
tions and bylaws as may be necessary In ss
transaction Of it's business, not inconsistsnt vii
| the Constitution Of this State or Of the Unite
, States.
. SIC. 4. II any owner or owners OF any Ian
| taken or used, or likely 70 be taken OF 1ssd.
said corpor alton. ahal consider hiussK aggrievot
likely 20 to be damaged thereby or shall refua
to accept tho compens alton offered By said corpo