The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1872-04-10
Laws Of South Carolina. oil
ACTS AND JOINT RESOLUTIONS
PASSED BY THE GENERAL
ASSEMBLY.
Published by Authority.l

AN nv W AhSoA PSSAtN1HS,
ton, Georgetown and Conwayboro
Railroad Company. 80
SECTION l. Be it enacted by the
Senate and House of Representatives
of tho State of South Carolina, now
met and sitting in General Assembly,
and BY the authority Of the same:
That for the purpose of construct
ing o railroad of one or more tracks
from some, point, at o., near the city OF
Charleston, through the counties of
Charleston and Georgetown, to some
point at or near the town of George
town, and thence through Horny
county, to semespointsat or near Con-
wayboro, theneeto the North Carolina
State line; That C. B. Strart, Il. M.
Drane, E. r. Wiggin, S. P. Vick, w.
A. Gr,enleaf, w. II. Mcdowell, John
10 las, W. F. Johnston, J. Walker
aud their associates, successors and
as isns are hereby created body
polite and corporato under the name
Of the Charleston, Georgetown and.
Conwayboro Railroad Company, and
by such title, shall hass,4a eorporatej
existence for the term of (30) thirty
year$sandm may SUD ahd be;sued, plead
and be. I'm mpisaded Id every proper
court of the State of South Carolina:
and may have and use q common seal,
which it may change or alter at
pleasures ana .shalE Ehs capable Of pur-
Chasing, holding, usirg, leasing, and
conveying estate, lreaL personal, and
mixed, and other property, and ac-
curing the same by git o, deyise; ;
and may make all Necessary bylaws
and regulations for. its government,
not inconsist h withkthe Constitution
and lass Sof the Statesof South Caro-
lima, and of the United States.
SEC. g. That the said company, be,
and is hereby, authorized and empow-
cred to construct, maintain and operate
o railroad of zone org more tracks, ex-
tending from some-point ator near
Charleston to point at or near George
town,4tence to some point at or near
Conway boro, thence to some point on
the North Carolina Ststeine, in Horny
county, tho particular route of the
same. TO be determined upon by the
company, after the same shall have
been formed. -, - -.
SEC. 8. That The capital stock of
said company shall be three millions
of dollars,,in shares OF one hundred
dollars each, "with the privilege of
increasing the said capital stock to
such an amount as may be found nec-
essary to construct, equip and main
tain the said railroad; and the shares
shall be personal property, transfer
able in such mannerIas the bylaws
may direct; and, for the raising of
such capital stock, it shall be lawful
to open books of subscription, at such
times and ,pl ices, and under tho d.
rection of such persons as said COM
pany may determine! That the sub
scriptions to the capital stock may, be
made in moneys, bonds, lands, mate
riais or work. 81 at suchd rates . and on
+ba +;noo ~ o,cb sn6sor;nt;on A
conv of INV ..ftSssse sfs sssosiation
s;Inea & hr ths ;ncornor,tons no ned in
this Act. or m anv number. of tbem. not
less than FIVE mavbs f;ied n tLe
Office If the Secreiarv Of State and
thersnnon tbs nsrsons :. snSsor;h;na SEssS, ,;no'
sucb ar.;casSS apssGs;a IN saass 81
persons who shall become Stockholders
in sich ecooImappaabtFyi5 5sKalf 81 q corporation
hsrs1 a shi rqspesSs ogns
cred organized .by such act of assoeia.
tion.. son q ,1tois -, 80 =, -, -,
Ssc.4 I That,the eomnanv, !, berehx,