Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1872-04-18
EDGEFIELD; 81 G., APRIL 18, 1872,

in United States; bonds or stocks
amount invested in railroad stocks OF OF
bonds, loans .on mortgages Of real
estate, loans on notes secured by
nIedoe of stock, amount of cash on
hand total dividens for the year, an, Z,
nnal erpenses of the corporation al!
;. Of which shall be certified and sworn
to or affirmed by the Treasurer and
five or more of the Trustees OF SAID
CORPORATION shall also certify that the
same SAL is correct, according to the best
of their knowledge and belief.
SEQ. IL. That this act shall be
deemed a public act, and continue IN
force until repealed.
Approved March ls, 1872.
| AN ACT to AMAosise tbe; b fsgn'atlo:n:
of, and to L1acorspwase -the4gpartoaa-
5urg and Aiken Railroad: :.
Whereas it is desirable that there
should be a connection byi railroad
between the town Of Edge6eld, the
village of Ninety-Six and the towns
of Laurens and Spartanburg, in this
State; therefore,
SECTION /. Be it enacted by the
Senate and House of Representatives
[of the State Of South Carolina, now
met and sitting in General Assembly,
and by the authority of the same:
That tie formation of a corporate
company ishereby authorized, for the
purpose of constructing a railroad to
connect, the town Of aiken, the town
| bf Edgefeld, the village Of Ninety
,Six, the town of Laurens and the
town of spartanburg, with the priv
ilege of extending the same same to the
town of Hamburg, in such man,
ner as may be determined by SAID
company.
SEC. 2. That for the purpose Of
raising. the capital stock qf said com
pany, il. shall belagful4te open books
at the town of Spartanburg, under
the direction. of 6. Cannon, J.; b:
Evans, Alfred Tolhson, D. R. Dun
can, S. Bobo and Joseph Walker; at
the town of Laurens, under 7: ). T.
Owens, ]. w. Fowler, Joseph Crews,
DR.. John Henry. and H. L. McGow-
an at the village of Ninety-Six, un-
der Thomas Talbert, DR.. W. A. Linn
becker, J. A. Stuart, Thomas Lake,
Augustus Griffin and P. r. Rivers
at the town of Edgefeld, under Law
1ence Cain, NJ. L. Bonham, VIM. I.
Gary, A. ]. Norris, DR.. John. A.
Barker and Paris Simpkins; at the
village of Aiken, under J. N. Hayne,
e. J. G. Wood, R. B. Elliott, G. D.
Hayne, E. Ferguson, j. S. Shuck, 2.
G. Rockwell and Henry Sparnick in
the city of Augusta; under John j.
Cohen, Jas. A. Gray, Josiah Sibley,
Charles w Harris, DR.. ]. A. Miller;
and at such other places in the Coun-
ties Of spartanbprg, Laurens, Able
vile. EdgeGeld and Aiken, andunder
the direction Of such other persons,
as the Commissioners in the respec-
tive counties herein above named may
designate, for the purpose Of securing
subscriptions TO an amount not ex-
cseding two million five hundred
thousand dollars, in shares of .one
hundred dollars each. to constitute Il
joint capital stock for the pu pose of
constructing and carrying into opera
tion The said railroad, and, on each
share of. f.individual stuck. the sub
scriber shall pay to the Commission.
ers, who shall be authorized 10, take
the same, the sum of five. dollars,
lawful money of the United States.
SEC. 8. That when the sum Of one
hundred thousand dollars shall have
been subscribed, in the manner before
specified, the subscribers shall be,
and they are hereby, declared a body
corporate, to be known by the name
and style Of the "Spartanburg and
Aiken Railroad Company" and may
meet and organize said company, at
such time and place as may be deslg-
mated by the Commissioners for the
town Of spartapburg, hereinbefors
named.
SEC. 4. That, for he;purpose of Or
ganizing said company. all such pow
ers e as arc conferred by the charter
of the Greepyille and Columbia Rail
road Company, and the Company,
and the Commissioners at Greenville:
shall be, and are hereby, conferred
upon the Commissioners herein ap-
pointed at the town of Spartanburg :
and all the powers, rights and privi,
leges granted by the said charter and
its amendments to the "Greenyille
and Columbia Railroad Company,
shall be, and they ARE hereby, grant
ed to she "Spar,anburg and Aiken
Railroad Company and subject to
like restrictions as are therein con-
tanned, except as to the capital stock,
the sum Necessary to authorize the
organization, vd 1.-The amount of shares
except so far as may be necessary to,
conform to the special provisions OF
this act R'oviolcd, hOaocccr, That
nothing herein contained shall be 50
construed as to bind the Satc'to sub
scribe stock ip said company, Or make
any appropriations 10 enable the said
company to build said road, or. in
any manner to loan the credit of the
State thereto: Provided, further,
That nothing herein contained. shall
be so construed as to exempt the
said company from the provisions of {
section l, chapter 43, of the General
Statutes.
SEC. 5. That said company is au-
thorized to receiYe subscription to its
capital stock, in lands or labor, as
may be agreed upon between said
company and said subscribers, and
may acquire by grant, purchase, lease
or otherwise, any estate, real or per:
sonal, whatsoever, and the same hold,
use, sell, convey and dispose of as
II .c Il. no,,,on,, ,aou;rn