The Newberry herald. [volume] (Newberry, S.C.) 1865-1884, 1872-08-14

eQ, snail Uc COilllueIlCCU HiliIi WV
years from the first day of Janu-
ary, one thousand eight hundred
and scventy.two, and be compile
ted within eight years thereafter:
And provided, further, That said
road Shall be subject to the provi-
sions of an Act entitled can Act
TO declare the manner by which
the lands, or the right of way ove-
the lands Of persons or corpora
tions, may be taken for the con-
struction and uses Of railways and
other works OF internal improve
ment," ratified September %, A.
D. 1868: Provided, That nothing
herein contained shall be so con-
strucd as to exempt the said COM
pany from the payment Of taxes.
Approved March l3, 1872.
AN ACT TO CHARTER THE LITTLE
RIVER AND CuERAW RAIL ROAD
COMPANY.
SECTION l. Be it enacted by the
Senate and House Of Representa-
tives of the State Of South Carroll
ma, now met and sitting in Gene
raj Assembly, and BY the authori-
ty Of the same:
That for the purpose Of estab-
fishing q rail road from Little Riv-
er to Cheraw, a charter with all
the rights and privileges inciden-
tai to the same, be, and is hereby
granted to Thos. G. Dunn, L. D.
Bryan, J. r. Walsh, Joel Allen, J.
F. Dusenbury, F. A. Kchew, John
Douglas, William F. Johnson: G.
P. Townsend, J. W. Thomas, Abel
Quick, F. a. Miles, G. J. Stuart,
Samuel Jackson, Jacob Altman,
and their associates and successors,
who are hereby constituted a body
polite and corporate, by the name
and style Of the Little River and
Cheraw Rail Road Company.
Sec. 2. That the said company
is hereby authorized to construct
a rail road from Little River to
Cheraw, by such route as shall be
found most suitable and advanta-
geous. and crossing the Counties
Of Marion and Marlboro. between
the Great and Little Pedce Rivers.
Sec. 3. That the capital stock
Of said company shall be one and
a half million dollars, with the
privilege ofincreasing it to two
and q half million dollars if found
necessary, to be divided into shares
Of fifty dollars each and for the
purpose Of raising such capital
stock, it shall be lawful to open
books of subscription, 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 determin-
ed on by majority of said COM
pany.
That subscriptions to said capi-
tai stock may be made in land, at
a rate per acre to be agreed upon
at the time Of subscription: and
that each and every person sub
scribing land, shall execute a deed
to the said company, and that all
amounts subscribed either in land
or money, shall constitute the
Joint Stock Capital, for the pur-
pose Of constructing and carrying
into operation the rail road pro-
vided for by this Act; and the
said Rail Road Company shall
have power TO mortgage it's pro-
perty and franchises, and issue
bonds on such terms and condi-
tions, and for such uses and pur-
poses of said corporation as the
Board Of Directors thereof may
deem expedient.
Sec. 4. That the said rail road
shall be subject to the provisions
Of an Act Of the General Assembly
of South Carolina, passed Septem-
Der 20, 1868, entitled can 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 improvement: Pro-
vided, houerer, That nothing here
in 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
arc hereby repealed.
Approved March 9, 1872.
AN ACT TO INCORPORATE THE AN
DERsON FARMERS AND MECHAN-
ICS' ASSOCIATION.
SECTION l. Be it enacted by the
Senate and House Of Representa-
tives of the State Of South Caro-
lima, now met and sitting in Gene