Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1874-02-20
nv. vancc,s Railroad HiII.

pOrate branches OF the contemplated
Southern Transcontinental Railway
Company, under the name and style If
the North Carolina. South. Carolina
and Georgia Extension Railway Com
pany, which was read twice, referred
to the Committee on Railways and
Canals. and ordered to be printed:
Be 1t enacted by the Senate and
House of Representatives of the
United States of america in Con-
gross assembled, That the North Caro-
lima Railroad Company ). the compa-
MES of the Eastern and Western Di-
visions of the Western North Carolina
Railroad the Wilmington, Charlotte
and Rutherford Railroad Company, OF
North Carolina, the Spartanburgh and
Union Railroad Company, of South
Carolina and the Greenviife and
French Broad Railroad Company, of
North Carolina and South Carolina.
together with company which may
hereafter be formed of citizens living in
the States OF Georgia and Tennessee,
and others associated with them, or
any two of ssid companies, are hereby
authorized to consolidate and form a
company. which company shall consti-
tuts a body corporate and polite, with
with power to plead and be impleade,.l,
have perpetual succession, and to
adopt and have corporate seal, and
TO alter the same at pleasure.
Sec. 2. That the object of this rail
way -companv is to construct and es-
tablish, with railways already con-
structed, complete and continuous rail
mi 6Uv 1(
Asheville, North Carolina, and Duck
Chattanooga, Tennessee, or to Cleve-
determined by said consolidated COM
on the Charleston, Cincinnati and Cum
berland Gap Railroad, in the State of
Tennessee, and from Asheville, North
Carolina, to Spartanburgh, South Car
DINA, nnecting the ports of New
Bern and Wilmington, in North Caro-
lima, and the port of Charleston, in
South Carolina, by way of tho contem-
plated Southern Transcontinertal Rail
way, which will have it's beginning at
a point GU the western bank of the
Mississippi River, not exceeding ten
miles from the Arkansas River, in the
State of Arkansas, and its terminus in
the city of San Francisco, California,
by the way of Little Rock, Arkansas,
the Sangre de Cristo Pass, and Utah
Territory.
SEC. 3. That this company shall
have power to consolidate upon such
terms rs may be agreed upon, between
the parties, with any railroad conpa-
ny or companies heretofore chartered,
or that may be hereafter chartered, by
! Congressional or State authority.
| SEC. 4. That said company shall
| have power and lawful authority, first,
! to construct, use and maint lin a rail-
, road from the present terminus of the
eastern division of the Western North
Carolina Railroad. at Old Fort Depot,
/ in Mcdowell county, North Carolina,
to Dalton, Georgia. to Chattanooga,
! Tennessee, or to Cleveland, Tennessee.
by the way of Asheville. North Caro-
lima, and Ducktown, Tennessee, and
also from Ashevilie, North Carolir q,
down the French Broad River, to
Wolfe Creek, Tennessee; secondly, to
/ construct, use. and maintain a railroad
! from the present running terminus of
! the vii nington, Charlotte aud Rnth-
erfo1d Railroad at Buffalo, North Car
DINA, by the most practicable and di-
rect route, by the way Rutherford
| ton, North Carolina, to q point ON the
| Western North Carolina Railroad, at
or near Asheville, North Carolina, and
connecting with said railroad; thirdly,
to construc-, use, and maintain a rail
road from the present terminus of the
Sparsanburgh and Union Railroad, in
South Carolina, by the most practical
BILE route, crossing the Blue Ridge at
Butt Mountain Gap, to point at or
near Asheville, North Carolina, and
connecting with the Western North
Carolina Railroad at the most practi-
cable point; fourthly. to make run
ming arrangements With any railroad
companies heretofore chartered, or
that may be hereafter chartered, by
Congressional or State authority; fifth
ly, to purchase lands or accept dona-
tions of lands or other property for
the purpose of aiding in carrying out
the objects of said company.
SEC. 5. That the aforesaid contracts
of purchase or consolidation shall be
on such terms as may be agreed upon
by the contracting parties: Provided,
That such terms are in accordance
with the provisions of this act.
Sec. 6. That the roads purchased
or consolidated as aforesaid shall form
and constitute one incorporation, un-
der the name and style of the North
Carolina, South Carolina and Geore a
Extension Railway Company.
Sec. Z. That the stock, rights,
IMMIGRANTS, franchises, privileges and
appurteDances, and property of every
description belonging to each of the
consolidated companies, shall vest in,
and become absolutely the property
of, said North Carolina, South Caro-
lima and Georgia Extension Railway
Company.
SEC. 6. That in all contracts en-
tered into and made by such company
with any and all other railroad con
panies to perfect such aforesaid con-
solidation, the Indebtedness or other
legal obligation of such companies
shall be assumed by the North Caro-
lima, South Carolina and Georgia Ex-
tension Railway Company, and such
consolidation shall not impair any lien
which may exist on any of the rail
roads SO consolidated.
SEC. 9. That for the purpose of aid
ing in the construction of taid rail-
roads from the present terminus of the
eastern division of the Western North
Carolina Railroad at Old Fort Depot,
Mcdowell county, North Carolina. to
Dalton, Georgia, or Cleveland, Ten
nessee, by the way of Asheville, North
Carolina, and Ducktown, Tennessee,
and from Asheville, North Carolina,
to Wolfe Greek, and from the present
terminus of the Wilmington, Char
otte &, Rutherford Railroad at Buffalo,
Cleveland county. North Carolina, to
Asheville, North Carolina, by the way
of Rutherfordton, North Carolina, and
from the present terminus of the Spar
tanburgh and Union Railroad in
South Carolina, by the way of Butt
Mountain Gap, to Asheville. North
Carolina, that the said North Carolina,
South Carolina and Georgia Extension
Railway Company shall have full
power and authority to issue bonds of
the Company from time to time as the
work progresses until the whole work
is completed to all the points named
in this act, for the payment of said
work. or so much thereof as may be