The Orangeburg news. [volume] (Orangeburg, S.C.) 1867-1875, 1871-04-08
Approved the day of March,

should be a conhect4n by railroad, be-
tween some point 9 the Bite 1tidge
Railroad and Chattanooga, Tennessee +;
therefore,
SECTION I. BE ikenacted by the Sen
ate and House OF REPRESENTATIVES of the
State Of South Car1snat uots met and
sitting in General &senbly, and by the
authority of the sasks, That the f5fma-
ton ola corporate Company is hereby
authorized FOR the pgrpese Of construct
ing n railroad from ss,mo point on the
Blue Ridge R~rilroat in 0concc County.
TO tho town OF Chattanooga. in. the State
OF tennessee, so far said railrond shall
run through this S,ite, the said Compa
NJ TO have exclnsiEa right to make,
keep and use such r.Sasoad; and for the
term OF tiuc bcIcinatSeE mentioned no
other railroad slial! constructor be-
tween tie same pnink.
SEC. 2. That for iiic purpose of rails.
ing the capital stockEf said Company.
it shall be lawful to bpen books ut Wal
halla, under the dis{ction of Robert A.
Thompson, Il. P. Yafner, p. l.. Dean.
O. Nj. Doyle and y. III Norman, a. Com
mission"rs: aud at iaeh other places.
and under the direction of such other
places, and under tn direction of such
other persons, us thessaId commissioners,
or ;anajority Of thu may designate.
for the purpose Of tccoiving subscrip-
items 10 an amount Dot exceeding two
millions ci dollars, id shares of ore hun.
drcd dollars each, t Constitute a joint
capital stock for tn purpose of con.
stfucting and CARRYING into operation
the said railroad a2 each share of
the STICK aseea aal-nap 10
the commissioner hlt be author
;zcd to take the same, the SUN of five
dollars in lawful money of the United
States.
SEC. 3. That vhcn the sum of three
hundred thousand doilAls shall have
been subscribed, in the manne before
specified, Tic subscrib RS shall be, and
they are hereby. declared to be a body
corporate, to BIZ kuowu ly the name and
style OF the Tugalo. ml Chattanooga
Eailro. Company. and may meet and
organize the said Company, at such time
and place us may be designated by the
commissioners before named for Wal
ha!la.
SEC. 4. That the srid Company shall
have power, and they are hereby au-
th0riZed, to construct! one or more bran.
cAcs from. the said road to connect with
ether roads in this State, at such point
or points as they may deem meet and
proper, and said Company shall have
power 10 consolidate or unite with any
other Conrsny or corporation having
ike p,wcrs.
SEC. 5. That for the purpose of or.
gan;zin- thc said Company, all the pow
ers conferred b. the charter of the
Grccnyilio Railroad Company on the
Commissioners ut Grcenville shall he,
and they are hereby conferred on the
Commissioners herein appointed at Wal
halla; aud all the poweas, rights and
privileges granted by the said charter
| and its amendments to the G~leenville
and Columbia Railroad Company shall
be, and they are hereby, granted to the
Tugola and Chattanooga Railroad Com
pany, ahd subject to like restrictions as
are therein contained, as to the capital
stock, the sum necessary to authorize or
gauiz,tion, and the amount Of shares,
and except so far as may be necessary to
conform to the special provisions of this
Act; Ptcoi1c3, ho,ccser, That nothing
herein contained shall be so construed us
to bind the State to subscribe stock to
said company, or make any ~aprropria.
tons to enablc the said company to build
the said road, or in any manner 10 loan
the credit OF the State thereto.
SIC 6. That in the event any vacan-
cy should occur in the commissioners
herein appointed at WalhalIa, from
death, refusal to serve, or otherwise, the
Senate and House Of Representatives Cat
the time bciug), from tho town CT Geo.
nee, shall BE-, and they arc hereby, au-
thorizcd and empowered to supply the
same by appointment.
SEC. z. That the charter hereby