The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1872-02-08

i uCl0QCy IOT LQ6 pTGSeuL yCols tuO ooouho
| of which should be determined at once by the
| committee on ways and meane.
Iwould, therefore, recommend that this
| subjecs be acted upon at once, and the neces-
sary means provided by proper legislation.
Very respectfully,
This document was referred to the commit
tee of ways and means, and the House ad-
journed with MIR. Jones In possession of the
| floor on the police measure, which now threat
ems to occupy the time Of the House until the
end of the session.
In the Senate, this morning, considerable
amount of routine work was accomplished.
| The following bills were put through the for
mality of third reading and passed:
Bill to amend an act entitled "Au act pro.
yidIng for the assessment and taxation ofprop-
erty," passed December Is, 1868, and all acts
! amendatOry.
sociatlon, of Charleston,
Bill to renew, amend and extend the char
| ter of the trustees of the Presbyterian Church
of Smyrna, In Newberry County.
Bill to incorporate the Deutsche Bruder-
liche Bund of the City Of Charleston.
Bill to authorize the erection oil certain
bridge over Wateree River.
A little debate was had over the very In
genlous bill reported by the special committees
| to divide the State of South Carolina into five
| Congressional Districts. This is the commit
tees substitute for the rather modest bill In
troduced by Mr.. Arnim, (noL Mr.. Cardozo, as
was stated In this correspondence,) and Is
Identical with Mr.. Yocum's bill introduced In
the House. which, as has been suggested by
facetious member OF the lobby, should be en-
titled "a bill to gerrymauder the State OF
South Carolina and provide Congressional
District for the author thereof" The debate
was sustained by Messrs Whittemore and
Smslls, and the whole matter was finally
postponed to Friday. at one P. NJ.
Mr.. Leslie introduced bill to authorize the
Columbia Water Power Company 10 construct
q dam across the Congaree River at Columbia,
which was referred to special committees OF
five. consisting Of Messrs. Hayes, Nash, Rose,
Cardozo aud Wilson.
Mr.. Arnim introduced volumlnous bill s'to
authorize the formation Of railroad companies
and to regulate the same" This bill, which
consists Of fafty-two sections, and covers forty
pages of closely written manuscript, provides,
In effect, that any twenty or more persons,
| who may choose to do 3d. may form them
selves into railroad company, with such
name as they shall select, and with the usual
powers and privileges. Articles of association
| of such companies are to be filed In the office
OF the secretary of State, and copy of the ar
ttcles of association, and the affidavit endorsed
thereon, or annexed thereto, Or copy OF the
| record thereof, certified to be copy by the
secretary of State. or his deputy, shall be pre-
| sumptive evidence Of the incorporation Of the
company, and of the facts therein stated. It
| Is provided, however, that the articles OF as
ISOLATION shall not be filed and recorded In the
Office OF the secretary of State until at least
one thousand dollars of stock for every mile
of railroad to be made Is subscribed thereto,
| and five per cent. paid thereon IN good faith,
and In cash, to the directors named In the
articles of association; nor until there Is en-.
dorsed thereon, or annexed thereto, an atf1da-
Wit, made by at least three OF the directors
| named In the articles Of association, that the
amount of stock go subscribed has been sub
scribed In good faith, and five per cent.
paid thereon In cash, as aforesaid, and
that it is intended. in good faith, to con,
mentioned in the articles of association.
| The fourth section of the bill pro.
vides that when the articles Of association and
affidavit are filed in the office OF the secretary
OF State, the directors named In the articles
of association may, in case the whole capital
scriptiop,t to iii up the capital stock Of the COM
pany, in such places, aud after giving such
notice as they may deem eXpedenE, and may
continue to receive subscriptions until the
whole of the capital stock Is subscribed. At
the time OF subscribing, every subscriber shall
pay to the directors five per cent. on the
amount subscribed by him, In cash; and no
such payment Another section authorizes such
companies as may be formed under the act with
the concurrence Of two thirds of the stock
holders to increase its capital stock to any
amount required for constructing, maintaining
or operating its road. 1t Is provided that every
company formed under this act, before con-
structing any part Of Its road into or through
any county named In It's articles of association,
shall make map and profile of the route in-
tended to be adopted by the company in that
county, which shall be certified by the presi-
dent and engineer of the company, or ma.
jority of the directors, and filed In the clerks
office of the county In which the road Ia to be
made; and explicit directions are prescribed as
to the process OF appraising and acquiring title
to such real estate as is needed for establish.
Ing the road. The powers and duties OF
railroad companies in the transportation
of passengers and property are mlnutely speci-
fed, but the rate per mile, which may be
charged for the transportation of passengers,
is left blank. Among the other details Of the
BILL 1t Is provided. in section As, that any COM
pany formed under this act, on whose road
steam Is used as the motive power, may apply
to The Governor OF the State 10 commission
such persons as the company may designate,
to act as policemen for the company; aud the
Governor, on such application, may appoint
| such persons, or as many of them as he may
deem proper, to be such policemen, and shall
issue to such persons so appointed commits
sions to act as such policemen. These police
men, when on duty, are TO wear a metall!!
shield, with the words Railroad Polceman,
and the initial letters OF the name OF tne com
psny by which they are employedi Whlci
shield shall always be worn In plain view, ex
cept when they are employed as detectives,
This bill was read by its title and sentto Ia
: railroad committee, where 1t will prooaoly re
, main as nest egg until next winters see