The Newberry herald. [volume] (Newberry, S.C.) 1865-1884, 1871-04-05


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lon AhalI bay tho amount, thereof, with costssat
tappfaisaI, which said COSTS hall bendnldatod and
as6sf tAined gsaid aMard aud said $Oomrn sptons
esS h$lt eaeh fecetYe Tor esTyiees, two dols
i lars for zach dsy they arc Actually employed in
Il mAknS said app Aisemeut;S and pay pent oi
Anch H&ardy the tS M ProPeTty
f6sd' i1} said emu POI 4oament
i ahAll end be- ~ ara bs tha property
Ipf argn corp
HEds 3. Tue cap et9ck 6f euoh corpofataop
pc any dol 70 " divided INTO
TWO thousand shareB Of twenty dollars eachS
Yhiyh may bS Increased, from titae 70 time, TO
\ aaoh an amount sss and whenever Aimajority OF
Etks Bt6ckholdsf present ct epy general meeting
i shalle leleot; books Of subs6Hption may BIO opened
TO obtain the amount Of stock Arst sboYS named,
4 st such Time end place within this 'Ssate as q
j j'mejorityo OF the persons first shove named ahaii
i aeteftnne, and for the increased stock IN suoh
i hammer as the Hatd corporation may deem expedt-
ent aud the said corporation shall 60 Into opera
tioh Of such time % majority Of the fstookhold.
ers may Ak. ~ '""5 '>' -, - y S"'4 y, = S,'
BEo. 6! Such corporation may lease, sell Or oon-
yey its property, rights, privileges and anchjses
| may, unite with any telegraph company organized
/ under Or created by the laws Of this or any
othet state; may acquire, by lease, purchase or
conveyance, tie property, rights, privileges and
| franchises, or any interest therein, or any part
| thereof, OF any telegraph company organiGed
under or created by tho laws Of this or any other
| State, and may make paynients therefor in its
| own stock, money, bonds or property, or receive
| payment therefor In the STOCK money, bonds Or
| property Of the corporation to which the same
may be SO sold, loanod or mortgaged or conveyed,
or Of any othor corporation or corporations; Pro
| utded, ho,oeper That no such purchase, sale,
| lease or conveyance by any corporation shall be
valid until the written consent Of the holder or
holders Of q majority OF tho capital stock shall
| have been obtained. = - 20 .' ,"|-'..
SEC Z. The stock sGbscrlbed for may be Issued at
| such price OF subscription, and upon such terms
Of payinent or exchange, as the holder or holders
OF majority OF tho stock ut such time shall de-
termno, except that the first subscription price;
terms Of payment or exchange shall be fixed by
the persons first above named aud any corpora
ton or corporations may subscribe for, purchase,
hold soil or convoy tho capital stock OF this cor-
poration, as often, aud to as groat an extont az
| suoh cornoraiion or ratious nav deent adj
yisablo. -. .- s": ',' q" '-a''r,,' -"
o.
| for suoh an amount IA tho officers sliall FIX and
NAV secure tho ssmo by a mortnae Q upon 30 much
OF tho prorerty. rights. privileges and franchises
| Of said corporation as may bo named In such
niorteaife. which mortgage may DO recorded in
| the Office OF tho Reeister Of Mcsne Conyeyances
| In the County OF RchIand, In this State, and
| thcreupon and thereafter it shall become and bo
| lion upot all tho property. rights privileges
/ and franchises or of any interest thorein and OF
anyy mart theraof desor;bod IN said mortpaoo
| SKo q !kny ncrson, v,,,o all ,vi,fu,lv and ma
lioionslv 'fninre moIcat or doatroy anv~ Of said
limos. posts piers or abntn,epts or tho materials
! or property 'boloneinp thoroto. sbal ON convic-
tion thoreof be nnniabed nv a 6ne not oxceedin q
ayo hundred dollars. or imorisonment in tho
penitent,ary at hard labor not e,oeeaino ono
yoar, or both IN tho discretion OF tho Court before
| which iba conv,o,,o, sbau no had an5 !, addi
tfop thoreto. sha,l nav snoh DAMAGE, as sbai, bo
! oausea bv him or her To be recovercd IN a. civi,
action by said corporstion. -
| SEC TO- Tho Board OF Direckors IA ofton as tbe
| tptoreets OF the Oornoration 6haIl reouirc are
| hereby authorized to. and shall fix tho rate or
rates for transmission or delivery of auy messa0e
or meesagos which may bo required to be lid in
advance. .'.. >..~ -" '....' b.
Sec H. Any porson connected with such Tclo.
| graph Company, either as operator, messenger,
agont, servant or clerk or In any other capacity,
who shall wlfully and malioously disclose, ,divulge
or communicate or permit the samo to be done,
the contents or the nature OF the contents of any
private message or communication entrusted to
or left with him, Or her, or suoh corporation, for
transmission or delivery, other than to the party
or partios entitled thoreto, or who shall wilfuly
rotnso or neglect to transmit or dolver tho same,
he or sho shall, on conviction before any Court,
DC adJudged guilty or msdfpeanor, and shall
suiier imprisonment in tho county jail or work
mousse whofo suoh conviction shall be had, for a
term OF not moro than three months, or shall pay
hne not 10 exceed hVe hundrta doiiars' or both,
IN inc olsoret'on OF the court.
oho' ~ All Ae.s or parts OF Aots contrary to or
incohs's'eh. w''n .n's Ao' @re' 1of the purposes
ol 'h,s Ac'' ou' ior no o'hor purpose hefooy
toPea'ou.
| oho' Id. LIB hot sHhh tahe ehcct lmme-