The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1872-06-19

shall be known by tho name of the
Iuncastcr and Camden Railroad
Company, aud shall have. a corporate
existence, as q body polite, in pe'pet-
uity.
Sec. 2. That the capital stock of
said company shall amount to one
million dollars, in shares of twenty
five dollars, or five acres of land each;
and. in order to raise the said capital
stock, it slfal. be lawful to open books
of subscription in such places, and ut
such times, as may be deemed for the
best interests of the corporation,
under the direction Of the corpora
tors; the times and places for receiv-
Ing such subscriptions to be deter
mined by majority Of the corpora
tors; but should majority fail to fix
such times and places, then such times
and places may be fixed by any six OF
the corporators hereinbetore named,
4vlng given due notice of the same
in any newspaper or newspapers OF
the State and the subscription books
shall be- kept open for twenty days,
from such times. IN | at such places,
as SAL. corporate n may determine
that, on each share Of stock subscribed,
or land to the value Of each share 40
subscribed, the said subscribers shall
pay two dollars to the corporators,
who shall deposit the samo in some
National or State bank. When fifty
thousand dollars. or the value thereof
in land, shall have been subscribed,
the said corporatoIs, or any six OF
them, shall give notice, by publication,
for at least ten days, Of the time and
place of meeting for organization.
SEC. 3. Whenever the said sum OF
fifty thousand dollars. or the vulue
thereof in land, shall have been sub.
scribcd, the subscribers, their subscri.
bars. their executors, administrators
and assigns, shall be, aad they are
hereby declared to be, incorpora' ed
into u company, and shall have all
the rights and privileges conferred
upon tho South Carolina Central
Railroad Company. ratifed--:
Provided. however. That nothing
herein contained shall be so construed
us to exempt the sail company from
payment of taxes: Provided. further,
That this Act shall not be construed
so as to bind the State to endorse.
guarantee or aid SAID road: Provided,
further, That nothing herein contain.
ed shall be so construed as to exempt
said company from the provisions OF
Section l Chapter LXI4I, of the
General Statutes.
Sec. 4. That tho said company shall
have the right to construct necessary
stations and turn-outs, with one or
more tracks to the road: Provided
That the said road shall be commenced
within ono year, and completed
within five years, after the passage OF
this Act, or the charter thereof shall
bo forfeited: And provided, further,
That the said road shall be subject to
the provisions of an Act entitled San
Act to declare the manner by which
the land, or the right Of way over tho
lands, Of persons or corporporations
may be takcu for the construction and
uses Of railways, and other works Of
internal improvement" ratified Sep
tcmber %, A D. 1868. ..
Sec. 5. That this Act shall be deem,
ed n public Act, and continue in force
for twcnty-onc years.
Approved March l3, 1879.
AN ACT to Incorporate the Lincoln
Light Infantry, of Darlington.
SECTION l. Be it enacted by the
Senute and House Of Representatives
Of the Suite Of South Carolina, now
met and sitting in General Assembly
and ny the authority Of the same,
That Samuel J. Keith, Larry Aiken,
Jucob Smart. under the nume and
style of the "Lincoln Light Infantry,
Of Darlington" and their associates
and successors, be, and they are, re.
spectively. Incorporated, and made
body polite and corporste, in deed
and in law. and. as such body polite,
shall have the power to use and keep
common seal, and the same at will
to alter; to make all necessary by.
laws, not repugnant to the laws OF
the land. and to hava succession oi
aficers and members, conformable to
such bylaws; TO sue and he sued
plead and be impleaded, in any Court
of law or equity in :his State; and to
have, use and enjoy all other rights,
and be subject to all other liabilities,
incident to bodies corporate.
Sec. 2. That this Act shall be deem.
cd and taken to be a public Act, and
shall continue in force for the space oi
ten years from and after its passage.
Approved March l3, 1872.
AN ACT to Incorporate the Mer.
chants Building. Trust. and loan
Association, Of Aiken, South Caro-
lima.
Section l. Be it enacted by tie
Senate aud House of Representatives
of tho State Of South Carolina, now
met and sitting in General Assembly
and by the authority Of the same:
That w. II. Jones, II. J. Maxwell
J. A. Bowley, p. 4. Rivers, e. P. Sto
ney, James Major. Joseph Quash, NJ
J. Hirsch, c. d. Hayne John e. Ford
Il. Ferguson, james Johnson, J. B
Bascomb, J. S. Mobley aud i. NJ
Sumptor, together with such persons
who are now, or may hereafter be-
associated with them, be, and they