Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1873-01-30
Legislative Proceedings.

On Tuesday, the 2lst, concurrent res.
olution. that the. General Assembly adj
journ sine die on Saturday, February I,
1873. was referred to Committee on Ju-
dietary. ~
In the Senate, Mr.. Hollingshead intro,
duaed Bill entitled ga Bill to charter
the Great Northern and Southern Rail
Road" but 1t might, with great deal
of .propriety, (says the Columbia corres-
pondent Of the Courier,) as well have
been called ga Bill to charter the Bar
fms Bay and Sandwich Island Rail
Road" In point Of volume there is no
fault to be found with the document. 1t
is most elaborately drawn up, and has
look of "business" about it that should
at once secure its passage. Your corres-
pondent could not undertake to give the
readers Of the Courier even condensed
synopsis of the thousand and one Sec
tions Of the gigantic Bill; neither the
space allotted to q correspondent nor the
patience of the readers would admit of
it. 1t is only necessary to say that the
objective point Of the proposed route is
Port Royal, and when I have stated that
IL wil1rbe seen what visionary scheme
the Great Northern and Southern Rail
way is.
The Bill provides for the establishing
OF a railway communication between the
Atlantic Coast at Port Royal. In the State
of South Carolina, and the waters OF the
Ohio river, at the mouth of Big Sandy
River, thence through Eastern Kentucky
Southwest Virginia, Upper East Tennes-
see, Western North Carolina, and pass
ing through the Counties of Pickens,
Greenville, Anderson and Abbeville, by
Abbeville Court House, and thence by
the most eligible route to Port Royal.
The Commissioners named to receive
subscriptions to the stock of the compa-
ny are as follows: In Pickens. Jas. z.
Hagood; in Anderson, - in Alb
bevile, Jas. s. Cothran, w. Joel Smith,
Jerry Hollingshead and j. +. c. Dupre.
The capital stock of the Company is
fixed at 81, 500, 900, in shares of S25 each.
Authority is granted the various Coun-
ties through which the road is to pass to
subscribe to the capital stock, and the
rest of the Bill, which Is very volumi-
nous, grants power to the road to do n
great many things, and to leave undone
great many other things. all of which
are too numerous to mention, particu-
larly Us there does not seem to be the
most remote chance of the completion Of
the project. 1t should, also. be men
toned that the property OF the road is
exempt from taxation. for twenty years
after the completion OF the road, and the
same Section provides that "the said
road shall never be taxed ut q valuation
beyond its actual cost Aud authority
is, also, granted TO the Company to hold
and purchase other rail road in This
or any other State.
owners OF lessees or lands to remove tal
len trees from the highways adjoining
their lands, was stricken out.
In the House, Mr.. Artson introduced
the following Preamble and Resolution,
which were adopted:
Whereas the State has made herself
liable to the public by the endorse
ment Of the bonds of several railroad
a. the credit Of the State is suffering by
the failure of the said railroad compa-
MES TO meet their yearly interest; there
fore, be it
Resolved, That the Committee on Rail-
roads be, and they are hereby, instruct
ell 10 investigate the condition OF the
various railroad companies in the State
which have issued bonds bearing the ell
dorsement OF the State, and have failed
ed to meet their yearly interest on such
bonds as they became due. and to report
at an early day what legislation is neces-
sary.
In the Senate, OH Wednesday, the 22d,
the following Bills received their second
reading, and were ordered.to be engross-
ed for third reading: Bill to provide
for the more effectuM collection of the
poll tax; to make appropriations to
pay the outstanding certificates of the
last General Assembly.
The following Bills were referred to
their appropriate Committees: Bill to
fund the oebt of Beaufort County; TO
amend the law in relation to sales day in
Beaufort County; to Incorporate the Sec
ond Coosawatchie Baptist i'm Beau
fort; to repeal Section Of an Act enti-
tied can Act to relieve the State of
South Carolina Of all liability for its
guaranty o. the bonds of the Blue Ridge
Railroad Company, by providing for the
securing and destruction Of the same"
March 2, 1872.
Mr.. Whittemore on the part of tine ju-
dietary committee, reported substitute,
entitled bill to authorize certain com.
miltees to examine the accounts and de-
mands against certain counties, and for
other purposes, for the bill referred to
the committee to investigate and, report
upon the outstanding li-bilities of thel
county Of Edgefeld.
In the House, the Committee on Ways
and Means reported resolution to as
certain the amount and validity of the
debt of the State. Itprovides for COM
mission, consisting of the Governor, At
,orney- General, State Treasurer, and the
Chairman of the Finance Committee Of
he Senate and Ways aud Means Com
nittee of the House, toregdsterall Bonds,
Stock and Coupons of the State. and en-
acts that none shall be considered valid
unless registered. The registration mrs !
oe made before November 1st, 1873. 1t
.lso repeals the Validating Bill
The Bill to aid and encourage manu-
acturas and internal improvements was |
smended on its reading SO as to exempt |
Of cotton and swoolen ia
,ries,j and agricultural implements and
'ail roads from all taxes,rgaxeeptr.two
mills fer school purposes.