The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1872-03-27

printed thereon ~ O06iSti dti6HSf Am6Ed:.
ment, Article; ;16sl ,iXes.,i,ii Those iop.
llposed ITO the oamendmensa shaila castia
ballot with sthsti folio wing " otds written
or 3 printed thereon!a Unconstitutional
Amendment, Article 16. sNo.H so s.aatso.
Arprc-ea March 1a 1874 hna Hois
*, iahaiiin, uHbG---1GG ~ sa.S
AN ACT TO CHARTER THE nAnfuuH, sConuM.
II BIA AND AUGUSTA AIR-tINAf RAILROAD
COMPANY. ~ nSns, ~. ~ @Xf"3y ,,.
6RorIos,1s BE i. enacted by The Senate
and House Of Representatives. Of the State
Of SouLs' Carolina, ao,o mol and Siding in
General ASSEMBLY, and BY the authority Of
tss same. That. for the purpose of build
ing and establishing an airline railroad
from some point near the city of Au-
gusts, Georgia. within the limits of this
State, by the way Of the city OF Oolum-
bia, chesterfield, Choraw and Marlboro,
to some point on the dividing line be-
tween this Stute and the State of North
Carolina, to be determined by the corpo-
rators hereinafter named; that charter,
with the rights and privileges incidental
to the same. be, and is hereby, granted
to and vested in Charles Adams, John
Smith, Thomas Steers, August Bre-
unicke, John Il. Lee, Edward Alien,
Phillip Heller, nj. D. Stone, Lewis Will
son, l. 7. Owens, r.. l.. Jones, Thomas
| Sands, James Harvey. NJ B. Allen,
Amos Miles. David J. Hanks, and their
associates or assigns; aud when com
pany shall be formed, in compliance
with the conditions herein prescribed,
it shall be known by the name OF tho
Raleigh, Columbia and Augusta Air
Lime RailrOad Company, and shall have
corporate existence as body polite in
! perpctuity.
| SEC. 2. That the capital stock Of said
company shall be two million of dollars
in shares OF twenty dollars each; and,
IN order to raise the said capital stock,
it shall be lawful to open books of sub
scrip.ion IN such places, ena at euch
times. as may be deemed for the best
| interests ut the corporation, under the
direction of the corporators; the time
and places for receiving such subscrip-
tions to be determined by majority Of
the oorpOrators; but should such ma
jority fail to fix such times and places,
then such times and places may be fixed
by any four of the corporators herein
before named, having given due notice
| OF the same in any newspaper or news
papers Of tho State; and the subsorip-
tion books shall be kept open for twenty
days from such time, and at such places
as said corporators may determine; that
on each share of stock subscribed, the
said subscribers shall pay two dollars
| to the corporators, who shall deposit the
| same in some national or State bank
When one hundred thousand dollars
shall have been subscribed, the said
corporators, or any four of them, ehall
give notice. by publication, for at least
ten days of the time aud place of meet
ing for organization.
SEC. 8. Whenever the said sum of one
hundred thousand dollars shall have
beel subscribed. the subscribers, their
executors, administrators and assigus,
shall be, and they are hereby declared TO
be. incorporated into pany, and
shall have all the rights aud privileges
conferred upon the North eastern Rail
road Company: Pyocided. ho,Ceuer. That
nothing herein contained shall be 30
construed as to exempt the Aaid company
from the payment of taxes: AMd pro-
pided further, That this Act shall not be
80 construed as to bind the State to en-
dorse, guarantee or aid said road
SEC 4. That the said company shall
have the right to build bridges across
navigable rivers: Prorided, They shall
he put in good and sufficient draws, and
shall construct necessary stations and
turn outs, with one or moro tracks to the
road, with such gauge as said company
may determine. and with full power to
construct such branches and make snch
connections with other roads as thy
may determine, at their discretion: Pro-
rMted, That the said road shall he com
inenced within three years nnd COM
pleted within ten years after the passnge
OF this Act, or the charter theraof shall
be forfeited: And prorfticd further. That
said rond shall bs subject to the provi.
sions Of an Act entitled can Act to de.
clare the manner by which the lands, or
the right Of way over the lands. of per-
GODS or corporations. may be taken for
| the construction and uses of RAILWAYS,
aud other works of internal improve
ments," ratified September %. a. d.
1868.
SEC 5. This Act shall be deemed n
public Act, and continue in force for
| ninety nine years.
Approved Much Q, 1872.
Notice.