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

SEQ. II. It shall be competent, at any
general meeting of stockholders, to
change the time Of holding the annual
meetings; and extra meetings may be
called at any time upon written appli-
cation to the Board Of Directors, signed
by stockholders representing not less
than one.half of the capital stock; and
at all meetings of stockholders each
share shall entitle its holders to one vote,
and q representation of majority of
the entire stock, by the holders in per-
son, or by their proxies, shall be requi
site to constitute quorum.
SEQ. u. The said company is hereby
declared capable in law Of holding and
exercising the Office Of executor, by up
pointment OF any testator; the Office of
administrator of the testator or intes-
tate, by appointment of the Court of
Probate; the Office Of guardian, or other
trustee of any estate which may be held
in trust, by appointment of any person
or court of competent authority to make
such appointment, and the Office of
trustee under any mortgage; and, in
such case, the said company, or eXecu-
tor, administrator or trustee, shall be
subject to tho same measure of account
ability and to the same rules and regula-
tions Of law which pertain to such trusts
when held and exercised by natural per-
sons, except that, in lieu of any bond to
be required of said company for the adj
ministration of any trust, the capital
stock and assets of the company shall be
pledged for the faithful discharge of any
trust.
Sec. 13. That the stockholders of said
corporation shall be liable to the amount
Of o1, oh He
stock in said corporation, for all it's debts
wise; and further, no director or other
officer OF said corporation shall borrow
any money from said corporation, and if
any director or other officer shall be con-
victed, upon Indictment, of directly or
indirectly violating this section, he shall
be punished by fine or imprisonment, at
the discretion of the court. The books
and accounts Of said corporation shall
be opened to inspection under such re-
gulations as may be prescribed by law.
SEQ. II. This Act shall be deemed
public Act, and shall be judicially taken
notice OF without special pleading; and
the charter hereby granted shall be in
force from its passage, and continue in
force for period of thirty years.
Approved March 8, 1872.
AN ACT TO INCORPORATE THE AIKEN LIGHT
INFANTRY, OF AIKEN, SOUTH CAROLINA.
SECTION l. Be IL endcted by The Senate
and House Of Representatives Of The State
of South Carolina, n0,o met and sitting IN
General Assembly, and by tie authority of
the same, That Peter Waggels, Alexan-
der Williams, Joseph Robertson, Joseph
Knights and their associates and sue
cessors, are hereby made and created
body politic and corporate, under the
name and style of the Aiken Light III
fantry, Of Aiken, s. @.
HSEC. 2. That the said corporation,
hereby created and established, shall
have succession Of officers and members,
according to its bylaws, and shall have
power to make bylaws, not repugnant
to the laws OF the land, and to have, use
and keep common seal, and the same
to alter at will, to sue and be sued in any
court Of this State, and to have and en-
Joy every right, power and privilege in
cident to such corporation; and itiis
hereby empowered to take, hold, retain,
possess and enjoy all such property, real
and personal, as may be given, be-
queathed or devised to it, or may be, in
any manner whatsoever, acquired by the
said corporation: Provided, The amount
SO held shall not exceed the sum Of ten
thousand dollars.
SEQ s. That this Act shall continue
in force for the space of twenty years,
and the same shall be taken and deemed
public Act
Approved March 8, 1872.
AN ACT TO RENEW THE CHARTER OF THR
HOPE STEAM FIRE ENGINE COMPANY, OF
CHARLESTON.
Be it enacted by the Senate and House of
Representatives Of tie State of South Caro-
lima, now met and siAingi in General Assem-
bly,, and by the authority Of the same,
That the charter Of the Hope Fire En-
gine Company, of Charleston, is hereby
renewed and continued in force until re-
pealed, and the said company is hereby
authorized to adopt the namc and style
OF the Hope Steam Fire Engine Com pa
ny, of Charleston: P,.ovided, The Hope
Steam Fire Engine Company, of Charles.
ton, and the members thereof, shall, at
oil times, be subject to the provisions of
the 18th Section OF the Act passed on
the 2lst day Of December, in the year
eighteen hundred and thirty .siy. entitled
a. &,kf f.>s 4, l. 4. A..