The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1872-04-04
of Marion and Marlboro, between the
Great and Little Pedee Rivers.

of Marion and Marlboro, between the
Great and Little Pedee Rivers.
SEC. 8. That the capital stock of said
company shall be one and half million
dollars, with the privilege OF increasing
it to two and half millions of dollars
If found necessary, to be divided into
shases of fifty dollars each; and for the
purpose of raising such capital stock, it
shall be lawful to open books of sub
scription, at such times and places, and
to keep them open for such periods of
time, and under the direction of such
persons as may be determined on by q
majority of snid company. That sub
scriptions to said capital stock may be
made in land, at n rate per acre to be
agreed upon at the time of subscription;
and that each and every person subscrib-
ing land shall execute deed to the said
company, and that all amounts sub
scribed, either in land or money, shall
constitute the joint stock capital, for the
purpose of constructing and carrying
into operation the railroad provided for
by this Act; and the said railroad COM
pany shall have power to mortgage its
property and franchises, and issue bonds
on such terms and conditions, and for
such uses and purposes of said corpora
ton as the Board of Directors thereof
may deem expedient.
Sec T. That the said railroad shall be
subject to the provisions of nn Act Of
the General Assembly of South Carroll
ma, passed September %, 1868, entitled
"An Act to declare the manner by which
the lands or right of way over the lands
of persons or corporations may be taken
for the construction or use of railways
and other works of internal improve
ment:" Prorided, ho,cecer, That nothing
herein contained shall be SO construed
as to exempt the said company from the
payment of taxes.
SEC. 5. That all Acts, or parts of Acts,
inconsistent with this Act, are hereby
repealed.
Approved March 0, 1872
AN ACT FOR THE PROTECTION OF BUoYs AND
DEACONs.
SECTION l. Be IL enacted dy Tie Senate
and House Of Representatives. Of The State
Of South Carolina, no,o met and sitting IL,
General Assembly. and by the authority Of
The same, Any person or persons who
to any buoy, or beacon, or floating
guide, placed by the United States Light
House Board, in the navigable waters OF
this State, or who shall in any manner
make fast thereto any vessel, boat, scow
or raft; and any person OF persons who
shall wilfully destroy, ininre or remove
any such beacon or guide, shall forfeit
and pay sum not exceeding one hun
| dred dollars, or be imprisoned in the
common Jail not exceeding three months.
Sec. 2. Said forfeitures may be reco.
vered by an action of tort, complaint OF
Indictment, before any court competent
to try the same; one-half accruing to the
informer or complainant, and the Other
half to the County in which the tria
shall be had.
Approved March Is, 1872.
AN ACT coNFERR1NG UPON THE COUNTY
COMMISSIONERS CERTAIN POWERS IN RE
LATION TO THE LICENSE AND SALE OF IN
ToXICATING LIQUORS.
| Be il enacted by the Senate and Hons.
Of Representatives. Of tie State Of Soul
Carolina, no,o met and sitting IN Genera
ASSEMBLY, and By The authority of the same
That all tho powers and duties hereto
fore conferred upon the Commissioners
Of Roads of the various Districts of thi.
State, in relation to the license and sale
of Intoxicating liquors, be, and they are
hereby, conferred upon the County Com
missioners. This Act to take effect or
and after its passnge.
Approved March Q, 1872.