University of South Carolina Libraries
Serious inconveniences oft? n result from the Jitii.' &ecuring charter* fer railroad, manufacturing, mluinc nies, intended to develop tho wealth and resources of time is necessarily consuuu ? iii tl.-- consideration of cat the statute Li-ok is eucuiabcred \> it li these numerous tion. To facilitate th? formation ,>f all companies wlie to venture th<-ir meale, te d' .. lo > thc industry, wealtl resources ef the State, 1 rtcv.tuni' nd th. passage of a ge poratiot?, and when i ts-prov is i ons : re complied with, t! to thc- capital steel; oe dcclste : a L.'dv politic. By Vet of th.; Genend Av em 1.h ia 1RJ7, Uie State secure u loan for tho Lotus-.?]:. . Cincinnati and Chark--' pan v. aud authorized tie, C< rn: trollt r-General to cud du-Company, pledgir g "tho .:';{!. and funds of the S performance oi tho e-ntract." The bonds, amotinticg loUars, were issued and .endo?: cd, ami will fall due th acxt. Thc Company ca itnot nay the bom1.-, and the t tlie present time, :. : !.. ! the endetsement. it : principal bul!.l-l:ol art* vHiing to extend tho deb longer, if the State .vi?I rene\ lu-r gunraniy. The Stat mortgage on the :..: .! ?nd '.j on its ?euewal, I reconnu? bc given the Cov.jo.i-, ?;. r-Co ,.. ral. or the Treasurer, to i ment ot i! e no? Loud-, thai ; < be required liquid \0 i.a rea--'d liulnlil;. o:, tho }%ui of thc State will be may reasonably putieipaU tb .'. within thc- next twenty v. eau pay th.- bond- ; tinco' ' ..- -.1 interest, and save the iU guaranty. .-. . ? ay m ?oriiDa Mnch .ii, and irpora wiiliug ty and iecor erihers cd.it i., ? C< >m :1s Of atkin! :e:is of ar.ucrv ? years ta tory I i-OlUIiUlti?ratt ?? ?'tVilU ? i:" 'i: i lion ni the ^?>o:?rd o? h...ult Carolina Coileg. . ? 'tv.ti.onding that the College !.< a university. ' ) 1 e.-rt My o- : ctn i. the propriety of the je. liv adding to ti'?- jo. ... ..; j r,/. s. Lirships schools for th medicine ami muden- lar.p.ti ;.< .. thorough scientific, ? '. 'fe&sionul education nun !.< . ht lived hy tho young men of increased number of s'udi at- v i ich it will attract will mal; nearly soli-tupportii ?, : :<u<! v. it h JU appropriation of sew tifty "lollara to ein-li ol nita ptof-.ssors, this venerable au. institution may l>'~ ut ?nu cd. !t would be a reproach i' siderable smu wus ivftise.1, nud .Ute alintt mn?t-r of Me Pri si?n, J,< gare, O'Neill nud 1\ itigrew permitted t<> pass :. 1 also reeoiumt-nd that UK- I?oariT&f Visitors of the Mt be authorized b> chango il- organization, and, if possibl self-supporting institute :?. The 1 adding ia Charleston i purpose, raul cannot or vt-1' :;j pr? priated to any other ol pation would, to a great ol' ni preserve the property ? destruction. With a competent i orps of instructors, a pra couh! be secured iv. 1? ss time add at less cost than in ethe: ?"?Vc . --4e L^"~ . . . [eft r?r . tdv of hiv.. d'an.! ,,r<* ?ute. The UAivcrsitt ?ndred nod .-Li' revered > ar? inc ou c. Harper,, i-nd perish, v Aoademj ntinuo it. a pted t . the lt-, ceca vast:; ?.nd i editor.! i?-a ??at< in st i - ^> > Li.*" >