The news and herald. (Winnsboro, S.C.) 1877-1900, 1883-08-04
4Yim q. c. .e Il. H. u. BoNns.

. g Tn; Company, and to Improve its
Ininiicnt.
nc following is the full text of the
r"S"'ui'nns adopted at tlc mcpti,r OF
r." stockholders Of tho Charlotte, Co.
mmbia ~ Augusta Railroad Company
G" 'hc 2Gth ult., providing for the
inn'!iHsS OF the debt Of the corporation :
E"$"'r"d, /. That in order to ,o;,-
Soi'uh'" ami unity tho bone, debt ant,
nc F'oallnG debt Of the Charlotte, CO.
lunbla * Augusta Itai!road un,,,"nv,
ana to Improve the condition Vi lis
property, BOMBS TO All amount not cv-
r,c"din% three million ($3,o00, ,O0U( dol
iarS, bearing interest ut TIC rItc Of six
per crsh. per anlium, pay&G'" sct..i-
Annually in United SialcS gold coin,
he prepared by this Company said
honds being made payable in Uni,c,!
states gold coin, on Tie first duv of
JE'y, y. ID. 1888, and in dcnumiuu-
i!onS OF 900 and 500. in such pro-
portions as the president Of the Conn
panN may think bust, and TO bc num-
n'fcd conSccutivcly, beginning with
'hoSc OF tI'c denomination OF 81 900.
2. That in order to secure the BAY.
""nt OF the said bonds and Tie semi
annual interest thereon, deed of
'f"r'@agc upon The l9l miles o.. main
Track, It's other tracks. lis t!,rcc stone
"hf! IRON bridges, and other bridges
an' trrH''rS, It's drpois, Workshops and
oi"cf buildings and structures upou
rs rEhi of way, rolling stock, and all
us rN'"hcu, sllpcr*tructulr and equip
h'"n', and right of way, corpnraic
,'%i'lS, ana lrallrhiSr2, be executed and
uc'iEcrcu to the Mcir0pnlitan Trust
Company Of New York Cor such other
rrrH"nS or corporation ns may be So
lrct"h hH the li"alu of l)ir"c!urs), aid
their successors aS Trl.IrcS.
). That SAID mortgage Nrvd be Stvict!
Il FIRST Consolidated Muri "Hmr, and
That each hond haT" printed ihcrrnn
nm "rpr"prinic certificate, giving in
formation of The nature aud tenor oi
lhr inrl'"HGc securing >Iicn bond and
lis S"lil-;tmluH' interest.
:. ihHt the $il mortgage deed p,u-
Niuc 'ha' the trustees Snail retain in
;Erii hands uni$> ned s., ,nDu, ,uuo for tie
iunHin" "f the First Murinarr Bonds
new issued. Sjnn,OOO for the lun,i;n"
Of thr Second Mortgages Bonds now
issued; :;I%9,Jn0 for the iE.nli.!t. of tive
t"iiinhia g. Augusta E','EuHI Conn
PAM now outstanding: sc 600 for tnr
inn'!i"" or the bonds Of Tie Charlotte
x South Carolina N;;ilrnnh C",%:.un,.
now outstanding they t.}n S;,;I tlus-
tees to iN"uc and s>c said l,ml> So
r'tali'd tor ihr purposes ;.ltn>s' ~;>"ci
lrd, hen they may b" 90 Instructed
by I"c Beard Of hirrc'nrS.
=. That The bonds issued io and to
b" ""t"iu"d by the Trustees small no,
br perfected by signing or sealing,
except in such amount, aS MA, from
tim" 20 tinc hr ai,t.! ,Iilc., by ,.c
h""rd Of Divcc:r'&, tor ,Ir , ur,,nSr q,
l"i'dir| Of ;:.r ai',rpsH,. t,clt a. here
in'"!"r" provided.
&. That III" re maiu,l"r Of inc said
b"rt' he perfected 10y %inui,,y and
,"a',nM, ana "urd to the tousra;,v' to
TEND -" fnu.'~ q hl amt m.:>r im-
prov ,tn"nIN "I Tt" railroad pr"irr,v
I. | 'al from tim" + tin.r, ~ thr
rrr~iIrn! OF Ihr COMPANY may present
40 l"r SaiI Trustees n.v of the said
hH':'.S, IEr sam" having been paid or
tr.'""uI"d Ivy III" Company, jhrv, the
>Hll Trustees, shall :>,.;n 10 the Com
pnnv perfected londs OF an nnurupri
a:C ;.ntnunl Of ,hn~r reserved hv llr,n
.mr itir iun'';E% of .iIat c!l>s OF ildcbt-
s. That rs any Of the ou's;audiuy
h"nL> Av" !rrd,d by lhr said Trustees.
ii'y cancel t." same, Hnu ,lrlirrr 1hr
HHi,' to ia" treasurer Of the Cum,anv.
'">'::% hiH receipt for the %a,ur. surn
r'rr1nt >prri! ing dates, amounts, kind
Ah'i nature, 80 IL to identify ;hr bond,
!und'h amt cancelled
y. Ihnt tlN said Trustees. in funIiu.s
i''r SAID bond dept, shlil, rs they may
y" Instructed by the Beard of Dirrc-
tors, exchange the bonds reserved nv
l'''n', dollar for dollar, for the bonds
ii;hHc., or by sale upon tho market OF
~" 'aid bonds retained by them bro
N'"H cash sufficient to pay oir bonds
no" outstanding, such sales 10 be nt
not less than par, and such payment
not to Dc over par value OF bonds
funded.
Colonel Eion is now engaged in pre-.
pairing the new mor.ga". and tine
bonds will be issued ar soun as en-
!SI"vcd and executed.
Il NENTtfh JDfNT HySC;SSjDS.
iow II Republican Orator Was Met Whom
lie asserted Historical raria.
prom tie lHtt<hi,gi,.n r. ,,rJ,j.,y