The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1872-04-13
LAWS OF THE STATE.
cts OF TIE GENERAL ASSEMBLY. OF
-. SOUTH CAROLINA.
Published by Authority.

" NAA$NZA4s<
Published by Authority.
An Aor to Charter the Lancaster and Cam
den Railroad Company OF South Carolina.
SECTION 1. Be it enacted by tho Senate and
House of Representatives Of the State OF South
Carolina, now met and sitting in General AS
sembly. and by the authority OF the same:
That, for the purpose of establishing a rail-
road company, from Camden to Lancaster,
that q charter, with the rights and privileges
incidental to the same be, and is hereby grant
ed to. and vested in q. J. Hickson, r. W.
Cousart, Joseph Clark, J. F. G.. Mittag, B. J.
Witherspoon, D. O. Wolfe, W. NJ. Shannon, ].
B. Kershaw, W. 2. Leitner, Manaes Baum,
Samuel Boykin, IF. Mellow, 8. e.. Bre wer,
L. J. Patterson and John Kershaw, and their
associates, and when a company shall be
formed, in compliance with the conditions
herein prescribed, it shall be known by the
name of the Lancaster and Camden Railroad
Company, and shall have a corporate exis'
tence, as q body polite, in perpetuity.
SEC. q. That the capital stock Of said COM
psny shall be 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 shall be lawful to open books OF
subscription in such places, and at such
times as may be deemed for the best interests
OF the corporation, under the direction of the
corporators; the times snd places for re-
caiying such subscriptions to be determined
by a-majority OF the corporators; but should
a msiority fail to FIX such times and places,
then such times and places may be fixed ny
any six Of the corporators hereinbetore
named, having 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, and at such
places, as said corporation may determine;
that. on each share OF stock subscribed, or
land to the value OF each share, 30
subscribed, the said subscribers shaii
psy two dollars to the corporators, who
shall deposit the same in some national or
State bank. When nifty thousand dollars. or
the value thereof in land, shall have been SUBJ
scribed, the said corporators, or any Blk OF
them, shall give notice, by publication. TOR a.
least ten days, o the time and place OF meet
ing for organization.
sEo. 8. Whenever the said sum OF fifty
thousand dollars, or the value thereof in land,
shall have been subscribed, the subscribers,
their executors, administrators and assigns,
shall be, and they are hereby, declared to be
incorporated into q com pany, and shall have
all the rights and privileges conferred upon
the South Carolina Central Railroad Company,
ratified. - Provided, however, That
nothing herein contained shall be 80 construed
as to exempt the said company from pay
ment Of taxes. Provided further, That
this act shall not be construed 80
"a to bind the State to endorse, guarantee.
OF aid said road. Provided, further, That
nothing herein contained shall be construed
Is to exempt said company from the provi-
sions Of Section 1, chapter So, OF the general
statutes.
SEo. 4. That the said company shall have
the right to construct necessary stations, and
turuouts, with one or more tracts to the road:
Provided, That The Said road shall be COM
menced within one year and completed within
five years, after the passage of this act, OF the
charter thereof shall be forfeited: And pro-
yided further, Tha. the said road shall be SUD-
feet to the provisions OF an act entitled a
act to. declare the manner by which the land,
or the right OF way over the lands Of persons
or corporations may be taken for the construc-
ton and uses OF railways, and other works VI
internal improvement" ratified September "a,
A. D. 1888.
sRo. 8. That this act be deemed q public act,
and continue in force for tweuiy-one years.
Approved March IS, 1872.
As Aor to Charter the Big Bay and Adams's
Bun Marrow Gauge) Railroad Company.
SECTION /. Be it enacted by the Senate and
House OF Representatives OF the State OF South
Carolina, now met and sitting in General As
sembly. and by the authority Of the same:
That for the purpose Of establishing a rail-
road company from Big Bay, with a lateral
branch to Eddings's Bay, Ediato Island, to run
In the most feasible and direct route 10 Adams's
Bun, intersecting the Charleston and Savannah
Railroad ct the above points, that q charter,
with the rights and privileges Incidental to the
same, be, and the same is hereby, granted to-,
and vested in John Wright, Henry Weldon,
Carl Berlin, George Marstells, A. Berg, aud
their associates, and when q company shall be
formed, in compliance with the conditions