The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1873-01-23
THE QUESTION OF ADJOURNMENT.

THE QUESTION OF ADJOURNMENT.
Chances OF the Joint Resolution Being
Adhered to-The New County of Dor
chcster-A Gigantic Railroad Scheme
The Revenue from Phosphates.
[FRoM OUR OWN CORRESPONDENT
COLUMBIA, 8. c., January 2l.
To-days session OF the Legislature has beer
of brief and business-like nature, such as Il
induce the hope that the resolution that wal
adopted to-day by both houses TO adjourn or
the 7th of February may prove effective. Il
has been the feeling of most of those who ars
conversant with the ways of the legislators
the present session that an adjournment shorl
of the lst of March was an impossioilty, bul
there Is really no reason why the General AS
sembly should not get through with all the
business that is now pending on or before the
date above named, and 1t Is quite probable
that the session may terminate on the day
above named. The taxpayers, OF course, have
reas IN 10 devoutly hope for such consum
ton, and 1t may be interesting to them tc
know that In the absence OF any financial OF
other schemes, which promise large margins
| for the members, there is strong and grow
ing feeling among the members In favor of an
early adjournment.
CARVING CHARLESTON COUNTY.
Representative Thomas, of Collelon, to-day
| introduced the bill, Of which an intimatton
has already been given In this correspondence,
| TO create q new judicial and election county
out of portions of Charleston and Colleton
Counties. to be known as Dorchester County.
The boundaries proposed tor the new county
are as follows: Commence at the Orangeourg
line on the Edisto River, thence down the
| Edsto River 10 Wadmalaw River, thence
along Wadmalaw River 10 Stono River, thence
along Stono River TO Ravene Creek, thence
along Ravenel Creek to the present line OF
| Charleston and COllelon Counties, thence
along said line to the Ashley River, thence
along and down the Ashley River 10 Accabee,
Cooper River, thence along and up the Cooper
River to Back River, up Back River to the old
| parish line between the former Parishes OF st.
| James's Goosecreek and st. Johns Berkeley,
thence along said line to the Orangeourg
| County line, and the Orangeburg County line
to the initial point on the Edisto River.
GIGANTIC RAILROAD SCHEME.
Another extremely ambitious railroad
scheme was introduced In the Senate this
morning In the shape of bill to incorporate
| the UGreat Northern and Southern Railroad
COMPANY" This is understood to be por-
| tion OF the remarkable railroad project re-
Gently introduced in the United states Senate
| by Mr. Sawyer, OF this State, which proposes
| TO authorize the construction OF q ralrOao
| from Port Royal, S. c., TO the Ohio River,
with certain very extraordinary privileges and
| immunities, among which are exemption from
Federal taxation, the right to engage In any
sort Of business whatever, aud the right TO
consolidate by purchase or otherwise with any
other railroad. The bill also contemplates
the incorporation Of the company In each OF
the States through which 1t is proposed to
ol a. Io nd
in pursuance OF this plan that the present Dill
was introduced this morning by Senator Hol-
llnshead, of Abbevllle. The bill proposes to
Incorporate the ''Great Northern aud South
ern Railroad Company" with au!horl-
ty to build railroad from Port Royal on
the Atlantic coast through the Counties OF
Beaufort, Abbevlle, Anderson. Greenvllle and
P,ckens. and the States oil North CarellDa,
West Virginia and Tennessee to the Ohio
River at the mouth OF the Big Sandy. Tne
| following commissioners are designated 10
open books and receive subscriptions: in
Pickens County. James Hagewood; In Aooe,
Vile County. James s. Cothran, w. Joel
Smith, Jere Hollinshead and J. F. G. DuPre.
The capital stock OF the company is fixed al
81, 500, 600 In twenty-five dollar shares, with
authority to Increase the same IN the discre-
ton OF the directors and to Issue mortgage
/ bonds and establish sinking iund LOT lnelr
redemption. Express permission Is glVeh 10
any county through which the road IS 10
pass to subscribe to tie capital STOCK
Of the company upun popular vote In
favor of such subscription, and 10 pay
therefor either by the issue Of bonds or
by the levy of a special tax. The COM
pany Ia 10 be exempted from State taxation
| for The period of twenty years, and the OIL
provides that the property oil the road snail
not after that period be assessed Ut more lnau
| It's actual cost. The bill also contains num-
Der of other curious and unusual provisions,
which, taken altogether, promise, If they are
passed, to constitute one of the most valuable
| franchises that were ever granted. Secllon y
prescribes that the president and directors OF
the company shall lake oath that they VIII
well and faithfully discharge their duties.
Another section declares that IL "shali not pc
lawful tor any other road to run 'lat:erly' (the
supposition being that the author means
| laterally) within fifteen miles OF the route
adopted 5y this company. The rates OF frelgnt
are. fixed at thirty-fiv cents per huldred-
weight, or ten cents per cubic loot Tor eacn
one hundred miles, and the rate OF passenger
fare is fixed at five cents per mile. The OIL
also provides that the said company Shall
possess 'such addional powers as may be con-
yenlent" for the due and successful execution
of the powers granted In this charter, and for
| the construction and management OF the
work, and provision Is made that the charter
| shall not be amendaole by the General AS
| Sem0y except upon Tue uuaulWOu6 pcIitlCu
OF the president and the directors of the COM
pany.
REVENUE FROM PHosPHATEs.
Senator Jervey, who appears to have been
inspired by the recent recommendation Of
| Governor Moses upon the subject, this morn
ing introduced bill to punish any person
who shall wilfully resist or oestruct the l1-
spector of phosphates In the discharge OF bis
duties. The bill provides, who shall 80 resist
| or obstruct the performances by the Inspector
/ of his duties, shall be deemed guilty OF mis-.
demesnor, and, upon conviction thereof
| shall be punished by a fine of not less than
| sl0O nor more than $500, and by imprison-
ment for term of not less than three months,
nor more Than three years.
The same senator also Introduced bill, re-
curing phosphate companies chartered oy
fnis Slate to make q monthly report to the
General Assembly OF the number OF tons OF
phosphate rock and phosphate deposits mined
or removed by them, in lieu Oh tne annual re-
turns now required by law.
Artson introduced the following resolution,
which was adopted:
Whereas. the State has made herself liable
| to the public by the endorsement OIL tne oohos
| OF several railroad companies IN tne S!ate;
and whereas, the credit OF the State 10 snher-
| Ing by the failure OF the said railroau COM
psnies to meet their yearly Interest," therefore
be
Resolved, That the committee on railroads
| be, and they are hereby, instructed 10 lnYestl,
gate the condition OF the various railroad
companies in the State which nave Issued