The news & observer., 1897-02-12

shall be guilty of misdemeanor, and
.sson conviction shall be fined not less
Llle,.. ole thousand dollars nor more than
two thousand collars, or imprisoned not
more ihan SIX months.
sec III the sand Board of Directors,
or amy OF them, shall be removed from
their office by the Governor and Board
OF Internal improvements for any of
the causes above set forth, the Governor
and Board OF Internal improvements by
virtue OF the power Of removal gwen
to the Governor and Board by the cnar-
ter OF saGd company, it snail be tine duty
of the officers, agents and employees of
said company to turn over and deliver
the property, books and records of said
company TO the President OF said rall-
road elected by the sad Board OF Dl-
rectors at a meeting called as aforesaid,
aud if any oihcer, agent or empl0ye
thereof Snail fal or refuse to deliver
and turn over the same to said Presi-
dent as aforesaid, he or they shall be
guilty of a misdemeanor, amd upon con-
yiction shall be fined not less THAN one
thousand dollars nor more than two
thousand dollars, or imprisoned not
mOret han six months.
Sec. 3. In case OF the refusal Of said
officers, agents or employees to deliver
and turn over to said President SAID prop
erty, books and records as aforesaid, and
in case amy officer, agent, attorney or
stoclhUlder of SAID company SNAIL by
liz gauon or Otherwise obsuuct, retard,
or in any may interfere with the organi-
zation by saId directors so appointed OF
the Board oT directors and Uue election
ftf Vbragjdnnt "a 4fnrnGgfH sand
Board, or snail 0bstruct, retard or in
amy way interfere with the prompt de
livery, as herein described and directed,
of the property, books and records OF
the said company, so that the said rail
road shall in any way become involved
in litigation concerning the control and
mana cement OF the AFFAIRS of said COM
pany, it shall be the duty of the Govern
or, through such person or persons as he
may designate to institute proceedings
in the name OF the State, or otherwise
as he may be advised, in the Superior
court of amy county through which said
railroad runs, for possession of said rail
road, and it shall be the duty of the
Judge of said court to appoint a receiver
OF said railroad company who shall take
charge thereof, and manage and rum the
same so long as in the Judgment of the
court it shall be necessary to restore to
the State, as the majority stockholder
in said company, the control and direc-
ton of its affairs as given and contem-
plated in it's charter and Acts amenda-
tory thereof. Provided, it shall be no
objection to the jurisdiction Of said court
to appoint receiver in such action that
another action is pending wherein such
receiver might be appointed.
Sec. 4. That all laws and clauses of
laws in conflict with this Act are hereby
repealed.
Sec. 5. That this Act shall be in force
from and after its ratification.
1t comes out now what Hodges, of
Beaufort is to get for voting for Pritch-
ard. 1t is thep lace Of Assistant Door
keeper of the Senate now held by Mr.. J.
B. Lloyd, who stood by Butler. This can
be done only when the Republicans get
control of the Senate
The Republicans have IS members of
the Senate. They have the Lieutenant
Governor who would aid them in the case
of a tie. They count ON taking charge
of the public institutions by a combina-
tion with the Pritchard PopuEsts, with
whom they will divide the patronage.
The Populsts expected to cooperate
with the Republicans are McCaskey, Cam
non, Newsome, Wakefield, Banker, EARLY,
ID. Reid Parker, and Odom. 1t was
said at the time these men had gone
to the Republican party. This looks |
like it.