The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1898-03-02
AN ACT
To Amend an Act Entitled "An Act to Incorporate the West
en Carolina Railroad Company" and to Change the Name
Thereof to that of the Ohio River, Anderson and Tide
Water Railway Company"

Be IL "ucted, by the General Assembly of the State Of South Carolina
sKcTlox r. That a Act entitled "An Act to incorporate the Western
Railroad Company, approved December Goth, A. d. 1890, be, and the same
is hereby, amended by striking ut the words "The Western Carolina Rail
road Company in said Act 50 IS to read The Ohio River, Anderson and
Tide Water Railway Company"
SIC. =. That said Act be, and is hereby, further amended by striking out
the words ncar Lees ferry, by wa of Westminster. :. on line three. section
two. down to and including the word Carolina, in the ninth line. aud insert
il" lieu thereof The following Wherever deemed los practicable, b. way of
Anderson c. II ionth Carol0ua- t, tide water Port Royal, South Carolina,
Ala, from such Point o tho mai" line as may be selected, SO As to extend
on. ArmeAt t., tAare.,on. Sout! Carolina. and one branch to sonc point on
im NAAta1.h I;yr. n ,he direction OF ~lyannal. 'o,wil, - ,lat said
# t~a 1.~ arrl h4i rw! a.. f!pws
'5@,u.M I.s .sl epmt,y >Aall lae pow and aushu:,y toluiA.
e tfT #ni sHs' f4ihp:i from some poiut on te 'eorta State lo
II. l WISH r-.piHA a. tfM- water al Port iio%al. >oHh UaroEu, With IL.
rfi..i II ,Hseadipri sAreA ine~ s~'h ot \ulcrsoa +pulh c,rolaa. from
a#A pif' q. 4, un- lme az may be s,icci.l 50 q. 10 extent one branch
ia."T. il TIE 'iec:tpi Of Savannah, Georgia, " the mmt rracti4blc routc,
:" HIM 2. 7. IN e1"'i""y nay 1''enmi"e to az l"ir BY purchase Or
'iArf"I +, "i y hA", own possess and III or otherwise tran Ter real and
9ars""4l pfply"sI q sr~ a"i II sued, inrlad and : imIlcaIrl, and have
A' r<sHf'r" al '' .S''yo other power authority, l"'' LEG and right common
State or The provisions Of this Act
So. ,. That Section Of sad Act be. and is hereby. amended by insert
thereof q, may be determined by the Board Of Directors and after the word
elected last line oF said Section. add The following "IroriAeJ, The sub
rif''r'' to 'he 'ar'Al stock ma increase said number Of the Beard Of Drcc-
sorsa any time il may be deemed advisable 80 that said section as amended
'S.,,os Il That The capital stock Of said company shall be three hun
iT~i thousand dollars, il" shares of nc hundred dollars cach, or such frac-
ti,nal parts thereof - ma: be determined BY the Bca,l Of Directors, with the
privilege from 'hc 10 iime Of increasing II" capital stock il ,nch amounts
Is The aid r,orA"y may. BY a majority vote Of the Stockholders, determine.
to carry ot the purposes Of this Act said capital s,ock not Ia exceed. how
YER the ~"nlo three million dollars. and such shares or fractional parts to
u Of tn thousand dollars shall have Dec subscribed to ,hc said captal
stock "F said company the said corpprators, or a majority of them, Shall
appoint a timc aud place for The meeting OF said shareholders. due notice
having been given III sncl mamie ~ y minority 0? The uoyT"rnturs "a deem
nccrssar AT which tine and place the said Stockholders may proceed t. an
Organization G! s.l company by the election OF a President and nine Drec-
tcfs. VII" shall constitute the first Board of Directors. and Shall hold their
ONCE for ne ycar aud until their Successors are placed iroriF,1, The sub
scrhrrs to The capital stock may Increase said number of Directors al any
tmc they may deem advisable.
SIC. t.. That Section 10 of said Act be. aud is hereby, amended by insert
ing between the word act and the word shall, o first line. the words
'as amended, 50 that said Section shall read IS amended as follows
SECTION TO- That this Act. as amended, shall be deemed a public Act.
and shall continue in force until lit expires by it's W limitation, to wit: for
a period Of thirty ears and until the first meeting Of the General Assembly
of this State thereafter"
Approved the lith day OF February, \. y. 1898.