The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1872-04-20

provided by law for the collection Of the
State and County taxes. and which shall
be paid over by snid County Treasurer
rs soon aa collected to the Treasurer of
said Railroad Company.
SEQ. 8. That, upon the payment of
said annual railroad tax by the tax-pny-
ers, the County Treasurer, or other Of
icer collecting said tax, shall give to
each taxpayer certificate of tho amount
paid by him on said railroad tax, which
certificate shall be convertible into stock
in said Railroad Company, at par, in the
hands OF said taxpayer or the bearer
thereof, when presented to tho company
for that purpose.
SEC. 8. That, in all conventions of the
stockholders of said company, such
County, township, town or city, as may
subscribe to the capital stock thereof,
may be represented by not less than
three nor more than five delegates, who
shall represent such portion of tho sub
scription of the said County, township,
town or city, as may not have been CON
verted into individual stock, by the cor
tifeates of the taxpayers aforesaid; and
said delegates may be appointed in pri-
such County, township, town or city, MS
SAO
said conventions may determine; and
for this purpose, the Chairman of the
County Commissioners of any County,
or tho Mayor or Intendant of any town
or city, in which such subscriptions may
be made, is hereby required to call q
convention of such tax payers, at least
ten days before the meeting of any con-
vention of stockholders Of said company
to which the delegates arc to be up
pointed.
SEQ. 10. That said company is autho-
rized to receive subscription to it's capi-
tai stock in lands or labor, as may be
agreed upon between said company md
said subscribers, and may acquire, by
grant, purchase, lease or otherwise, any
estate, real or personal, whatsoever, and
the same to hold, use, sell, convey and
dispose of, as the interest of said COM
pany requires.
SEC. II. That the County Commits
sioners of the Counties of Laurcns and
Greenville, md the proper authorities of
the towns and villages in the Counties
subscribing to the capital stock of tho
said Laurens and Aseevillo Railroad, be
empowered, as soon rs the said company
shall have complied with tho terms of
subscription of any of the above men-
toned Counties, towns, cities or villages,
and said subscriptions accepted by said
company, then the said County Commits
sioners of such County, or the proper
authority Of such towns and villages,
are authorized and required to issue
bonds to the amount of said subscrip-
ton, and to have levied and collected,
par to par, on all taxable property in
said County, towns or villages, sum of
money sufficient to meet the interest ac-
crning on such bonds as may be issued
to meet such subscription to the capital
stock of said Laurens and Ashoville
Railroad Company, and to provide for
the payment of such bonds as they may
I'LL due.
SEC. IL. That the said company be,
and they arc hereby. authorized TO issue
first mortgage bonds in an amount or
amounts not exceeding twenty thousand
dollars per mile, for each and every mile
Of the said road, as soon as each mile of
the same shall be completed, and so on
until the completion of the entire road.
Approved March 13, 1872.
AN ACT TO INCORPORATE THE SALEM PRES
DYTERIAN CHURCH, or WADMALAW
ISLAND. SOUTH CAROLINA.
oEC1lON L. DS u cfuCtSQ Oy [He iocRU{S
and House Of Representatives Of tie State
Of South Carolina, no,o met and sitting in
General Assembly, and by the authority of
the same, That Thomas Middleton, Roll
ing Matthias, Abram Deas, their associ-
ates and SUCCESSORS. ore made body
corporate and politio. under tho name |
and style of the Salem Presbyterian
Church, of Wadmalaw Island, South Ca
rolina, with all the powers now granted
to or vested in such like corporations by
law; to sue and be sued, plead and be
ilnpleaded, and to have common seal,
tc alter at will; and make such rules and
bylaws to govern the corporation nfore-
said. not repugnant to the laws Of this
State.
SEC. 2. This Act to be public Act for
the term of twenty one yenrs.
Approved March 13, 1872.
AN ACT TO INCORPORATE THE wATEREE
PRESBYTERIAN onURcH, IN FAIRFIELD
COUNTY.
SECTION l. Be ii enacted by tie Senate
and House of Representatives Of tie State
Of South Carolina, no,o met and sitting in |
General Assembly, and by he n1thorHy of
4 L. y