Beaufort Republican. [volume] (Beaufort, S.C.) 1871-1873, 1872-04-25
OFFICIAL.
Acts and Joint resolutions passed by the
General Assembly Of South Carolina,
Regular Session, 1871 and 1872.


Regular Session, 1871 and 1872.
An act to authorize the Formation, and OF
Incorporate, the Spartanburg and Aiken
Railroad.
Whereas it is desirable that there should
be a connection by railroad between the
town of Aiken and the town of Eegefeld
the village of Ninty-Six, and the towns OF
Laurens and Spartanburg, in this State;
therefore,
Be it enacted by the Senate
and House of Representatives of the State
of South Carolina, now met and sitting IN
General Assembly, and by the authority
of the same:
Section. /. That the formation of a
corporate company is hereby authorized,
for the purpose of constructing railroad
to connect the town of Aiken, the town
of Edgefeld, the village of Ninety-Six,
the town of Laurens, and the town OF
Spartanburg, with the privilege OF extend
ing the same to the town OF Hamburg, In
such manner as may be determined oy
said company.
Sec. 2. That, for the purpose OF raising
the capital stock of said company, 1t shall
be lawful to open books at the town OF
Spartanburg, under the direction OF u.
Cannon, J. II. Evans, Alfred Tollison,
d. r Duncan, S. Bobo and Joseph Wal
ker; at the town of Laurens under, 7. j..
P. Owens, J. w. Fowler, Joseph Crews,
Dr. John Henry and II. L. McGowap; at
the village of Ninety-Six, under Thos.
Talbert, DR.. W. A. Limbecker, J. A.
Stuart, Thomas Lake, Augustus Griffin
and P. r. Rivers; at the town OF Edge
field. under Lawrence Cain, NJ. L. Bon
ham, William T. Gray, A. S. Norris, DIR.
John A. Baker and Paris Simpkins; at
the village of Aiken, under J. n. Hayne,
E. J. G. Wood, r. B. Elliott, Z. u.
Hayne, E Ferguson, j. S. Shuck, L. u.
Rockwell Bnd Henry Sparnick; IN the city
Of Augusta, under John j. Cohen, James
A. GRAY, Josiah Sibley, Charles w. Har-
ris. DR. J. A. Miller; and at such other
places in the counties gof Spartanburg,
Laurens, Abbeville, Edgefield and Aiken +,
and under the direction such other persons
as the CommissiopsSs in the respective
counties hereip aboye named may deslg-
nate, for the phrpge ofsscuring subscrip-
tious to an An6gnt BOT exceeding two
million five hundred thousand dollars, IN
shares of one hundred dollars each, to
constitute a joint capital stock for the
purpose of constructing and carrying into
operation the said railroad, and, on each
share of individual stock, the subscriber
shall pay to the Commissioners, who shall
be authorized to take the same, the sum
of five dollars, lawful money of the United
States.
Sec. 3. That when the sum of one hun
dred thousand dollars shall have been
subscribed, in the manner before specified,
the. subscribers shall be, and they are
hereby, declared body corporate, to be
known by the name and styla of the
'tSpartanburg and Aiken Railroad Com
pany," and may meet and organize said
company, at such time and place as may
be designated by the Commissioners for
the town of Spartanburg. hereinbefore
named
Sec. 4. That, for the purpose of orga-
nizing said company, all such powers as
are conferred by the charter OF the Green
vile and Columbia Railroad Company,
and the Commissioners at Greenville,
shall be, and are hereby, conferred upon
the Commissioners herein appointed at
the town of Spartanburg; and all the
powers, rights and privileges granted by
the said charter and its amendments to
the "Greenville and Columbia Railroad
Company" shall be, and they are hereby,
granted to the "Spartanburg and Aiken
Railroad Company" and subject to like
restrictions as therein contained, except
as to the capital stock, the sum necessary
to authorize the organization, and the
amount of shares, eXceptso far as may be
necessary to conform to the special pro-
visions of this act: Provided, however.
That nothing herein contained shall be so
construed as to bind the State to subscribe
stock in said company, or make any ap-
preparations to enable the said company
to build said road, or in any manner to
loan the credit of the State thereto: Pro-
vided further, That nothing herein con-
tanned shall be construed so as to exempt
the said company from the provisions of
section /, chapter 3 of the General Stat
utes.
SEC. 5. That said company is authorized
to receive subscription to its capital stock
in lands or labor; as may be agreed upon
between said company and said sub
scribers, and may acquire by grant, pur-
chase, lease or otherwise, any estate, real
or personal, whatsoever, and the same
hold, use, sell, convey and dispose OF as
the interest of said company require.
Approved March II, 1872.
An oct 10 hscoyp0r1te the E4ISto. CaU CGU