The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1871-04-27
House OF Representatives, Of the State Of South.
Carolina, now. met and sitting in General As

House OF Representatives Of the State Of South:
Carolina, now. met and sitting in General As
sembly, and BY the authority of the same,
That Thomas s. Lavender, Charles j. An.
dell and Joshua Clendenon, and such persons
as now are, or hereafter may be, associated
with them, their successors and assigns, be,
and they are hereby, constituteda body corpo-'
rate and polite, by the name and style Of the
Brewer Gold Mining Company. by which name
and style they are hereby made capable in Law
to have, hold, purchase, receive, work, sell,
mortgage, lease enjoy, and retain TO them,
their success :ors and assigns, lands. tehernents,
mines OF all characters, and ehattels Of what
soever kind they may deem conducive to the
object and interest Of the said corporation,
which are, mining and working for gold and
other minerals, and manufacturing the same,
in Chesterfield County, apd other parts of
South Carolina, and OF sending the same to
market. ..
SEC. 2. That the said corporation, by their
name and style aforesaid, mav.sue and be sued,
plead and be 1implcsded, in any court Of this
State, make and use q, common seal, and alter
and change the same at their pleasure, and
make and establish such by-la1 s and regula;
tons, and such alterations. and amendments
thereof, not in conflict with the Constitution or
laws Of this State or OF the United States, as
they shall deem proper.
SECS: That the capital stock OF the saidcor-
poration shall be twenty Thousand dollars, with
the right to increase the same by the vote OF a
majority Of the directors. to any sum not ex-
ceeding one million dollars; that the said COZ
poration shall commence business within sixty
days after it's capital stock shall have been sub
s.ribed, and that the stock maybe paid either
in money. real estate, mining leases, machin-
cry or any other kind Of property, the sameto
be divided into such number of shares as Che
said corporation. may determine, and the
shares to be aasignabie and negotiable under
such rules as the said. corporation may pre-.
scHbe. II So 80 /.
SEQ. 4 That there shall be annual meetings
of the stockholders, at such time and place as
they may designate, for the purpose OF choos-
ing a board OF directors, to consist Of not less
| than three nor more than nine, each OF whom
kshalI be q s~tockholder, and a president and
other officers OF ssid corporation, who mag be
members of the said board of directors, to
manage their a~fairs.' 1888: =
SEQ. S. That the said corporation shall keep
an Office at their principal mine in Chesterfield
County, which, for all Judicial. purposes, shall
be deemed their location; and also one IN
Philadelphia, or New York, il they choose, and
all meetings of the stockholders and directors
may BIZ: held at such places, in or out OF the
State, as may be directed by the bylaws OF the
said corporation
SEC, g.. That the said corporation shall have
all, the rights and privileges granted bY law to
other gold mining companies in this State, and
ali the property, real and personal, OF the said
| corporation shall be liable for their debts, and
the private property OF the stockholders shall
be liable for the debts Of the said corporation
to the amount subscribed By them respective.
", and not actually paid in money or in prop
ert7 at the time OF the commencement Of the
suit against them. ~. b
Bee. 2. That the said corporation shall have
q legal existence from the time OF the passage
OF this act, and this act shall continue in force
for the term of thirty years from and after the
time Of its passage. and the privileges and fran
Chi ses granted by this act shall not be with
drawn during that term.
Approved March 7tb, A. D., 1871.