Historical Newspapers of South Carolina

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

AN ACT TO INCORPORATE THE ROSE M?TiL. MANUFACTURING COMPANY. L -Be ?7 enacted by the Senate and House of Representatives, vtow mel aiid sitting in General Assembly, and by the authority of the same. That Jame3 C. "W. McDonald, A. DeCaradeuc and E. J. C. Wood, and their associ? ates and successors, are hereby made and created a Dody politic and cor? porate in Law, by the name and title of theJRoSe Mill Manufacturing Com? pany, for the purpose of manufacturing cotton and wool, and other manu? factures incidentally connected therewith ; and may purchase or erect all stich mills or other works as may be required to carry on such branches of manufacture ; and they shall have power to raise by subscription, in shares of one hundred dollars each, a capital stock of fifty thousand dol? lars. LI. That the said corporation may purchase and hold such real estate in South Carolina as may be required for the purposes of the said corpo? ration, or such as they may be obliged or deem it for their interest to take, in the settlement of any debts due the said corporation, and may dispose of the same ; and may sue and be sued in all Courts of Law and Equity ; may have and use a common seal, and make such bvc-laws for their regula? tion and government as they may see proper : Provided, They are not inconsistent with the laws of the land. TTL The government and management of all the affairs and operations of said Company shall be vested in a Board, to consist of a President and four Directors, to be elected annually by the stockholders from amongst themselves, who shall be chosen at such times and places, and according to such bye-lawsT as the said Company may agree ou. TV. The Board of Directors may call in the amount of the said capital stock, at such periods and in such proportions as they may deem best, by pubhshing in one or mora newspapers in Charleston fifteen days notice of the amount required, and the time and place of payment : Provided, That tba whole amount of the said capital stock shall be paid iu on or before the first day of January, of the year eighteen hundred and sixty nine. And an oath or affirmation thereof shall be made by the President, Treasurer, and a majority of the Board of Directors, which shall be recorded in thc Secretary o? State's office, and published in two of the Charleston newspapers. And if any stockholder shall fail to pay the amount required, at the time and place designated, interest shall be charged on the amount so ealled for until it is paid ; and upon such failure to pay, the Board of Directors shall again publish a demand for the pay? ment of the sum required, and giving notice that, if the instalment called for is not paid at the place appointed ?within thirty days, with all interest due thereon, all and every- payment before made on the stock of such defaulting stockholder or stockholders shall be forfeited to the Company ; and if such instalment, or the portion thereof so called for, shall not b"e paid in, with interest, within thirty days after the publication of such notice, all the money paid in on the shares of such stockholder or stock? holders is hereby declared forfeited to the said Company : Provided, That in every case where such default is occasioned by the death of the stock? holder, the legal representative or representatives of such stockholder may redeem such stock, at any time within one year from such default, by paying up the principal and all interest due thereon. V. The stockholders of said Company shall hold certificates of their stock, signed by the President and Secretary, which certificate shall be assignable and transferred in such manner and form as may be directed by tho said bye-laws of said Company. VI. The said Company may, at auy time, increase its capital stock to au amount not exceeding two hundred thousand dollars, for the purpose of carrying on its operations, by opening subscriptions for new stock. VLL That the capital stock shah be deemed personal estate, and be transferrable upon the books of the said corporation ; and no pyxt of the said capital stock shall, at any time, or upon any pretence whatever, be loaned to or divided amongst the stockholders ; neither shall the capital be withdrawn or divided among the stockholders, until all the liabilities of the Company are lawfully paid ; aud no dividends shall be declared, except from the nett earnings of the Company. VIII. That each stockholder shall have one vote for each share he may own or represent, at the election of Directors and all meetings of the Company. IX. That the Directors shall submit to the stockholders, semi-annually, a written statement, under oath or affirmation of the Treasurer of the corporation, setting forth the amount of capital stock paid in, and general assets of the Company, and also of the amount of their existing debts. . X. The members of the said corporation shall be liable, jointly and severally, for all debts and contracts made by the said corporation, until the whole amount of the capital stock, which may be subseiibed, shall have been actually paid in ; and no note or obligation given by any stock? holder, whether secured by a pledge of his stock in said corporation or otherwise, shall be considered as payment of any part of the capital stock, until such notes or obligations shall have been actually paid. XI. This Act shall be taken and deemed to be a public Act ; shall be and continue of force for the tenn of forty years, and shall not be so con? strued as to confer any exclusive privileges. In the Senate House, the twenty-first day of December, in the year of our Lord one thousand eight hundred and sixty-live. W. D. PORTER, President of the Senate. C. H. SIMONTON. Speaker of the House of Representatives. Approved : JAMES L. ORR. AN ACT TO ESTABLISH PiEOULATIONS FOE THE PURPOSE OF PREVENTING THE SPREAD OF ASIATIC CHOLERA rx THIS STA TE. I. De it euadrd by the Senate ami House of Representatives, note viet anti sittitig in General Assembly, and by the authority of the same, That full power and authority is hereby given to the Governor of this State, by his Proclamation, to make such regulations as, in his opinion, may be neces? sary in order to prevent the entrance of Asiatic Cholera into this State, anti to prevent the spreading of such disease in this State. In the Senate House, the twenty-first day of December, in the year of our Lord one thousand eight hundred and sixty-five. W. D. POUTER. President of the Senate. 0. H. SIMONTON, Speaker of the House of Representatives. Approved : JAMES L. ORE. AN ACT TO AMEND THE CHARTER OF THE GREENVILLE AND COLUMBIA RAILROAD COMPANY. I. Be it enacted hy ?he Senat'- and House of Representatives, note na t and sitting in Genera! Assembli/, and hy the authority of the s<ai/->. That the charter of the Greenville and Columbia Railroad Company be, and the same is, hereby so altered ?md amended as to authorize the said Company to change thc location of their road, and construct a new one, from :i point at or near Prog Level, in Newberry District, along such rou! - they may select, to a connexion with their present line of road, at some point near the city ol' Columbia; and for the purpose of making such change and constructing the sail! new road, (lie said Company are hereby invested with all tin; rights, powers and privileges given and granted to them by their original charter, and the several amendments thereto. lu the Senate House, the twenty-first day o? December, in the year of our Lord one thousand eight hundred and sixty-five. W. D. PORTER, President of the Senate. C. ll. SIMON TON, Speaker of tho House nt' Representatives. Approved : JAMES L. OER. .- - - n\ M - ??r*m mi -w AN ACT TO ESTABLISH TUB UNXTKHSTTY OF SOJJTH CAROLINA. Wlier eas, The proper education of youth is a matter of Ital importance to this State in its present condition, and ought to be tho speeial object of Legislative attention : And ichereas, The conversion of the South Caro? lina College into an University will meet its--great demand, and vrill foster all the elements which have heretofore contributed to its intellectual and moral power, and -will preserve its unity and glory : N I. Be ii, tiierefore, enrteted by the Senate and House of Repr?sent?t ires, noie mel and sitting in General Assembly, and bi/ the authority of the same, That the corporation heretofore created by an Act entitled ' ' An Act to establish a College at Columbia," ratified the nineteenth day of December, in the year of our Lord one thousand eight hundred and oue, shall hereafter be known by the name of ?tho University of South Carolina, and as such, shall be entitled to all the rights and be liable to all the duties conferred or imposed upon the ?aid original corporation by the said Act, and all amendments thereto, except where the same shall be modified by the pro? visions of this Act. LT. That the Board of Trustees of the University of South Carolina shall, as soon as practicable after the ratification of this Act, establish schools and provide for competent Piofessors in the following depart? ments, to wit : First, a School of Ancient Languages and Literature ; second, a School of Modern Lnnguages and Literature ; third, a School of History, Political Philosophy and Economy; fourth, a School of Rhetoric, Criticism, Elocution aud English Language and Literature ; fifth, a School of Mental and Moral Philosophy, Sacred Literature and Evidences of Christianity ; sixth, a School of Mathematics, Civil and Military Engineering and Construction ; seventh, a School of Natural and Mechanical Philosophy and Astronomy ; eighth, a School of Chemistry, Pharmacy, Mineralogy and Geology. ILT. The Board of Trustees shall take care that one of the Professors therein before provided for shall be a Minister of the Gospel, who shall also be charged with tho duties of Chaplain to thc said University, under such regulations and with such additional salary as may be fixed by the said Board. rV. That no student shall matriculate until he shall have attained the age of fifteen years, and shall agree to enter at least three of the schools provided for by this Act : Provided, however, That in special cases the Chairman of the Faculty may, at his discretion, permit any applicant to take less than three schools. The fees to be paid by each student shall be as follows : If the student enters three schools or more, for each schcol he shall pay twenty-five dollars per annum ; if the student enters two schools oniy, for each school thirty-five dollars per annum ; if the student enters only one school, fifty dollars per annum. Tho compensation for room-rent, use of Library, and such damages to the property of the corporation as may be done by each student, shall be regulated by -the Board of Trustees. V. The Board of Trustees may, if it is deemed proper, give a license to ono or more persons learned in tho Law, and one or more Professors of Medicine, to give instruction in their respective professions in the said University, and assign to them, or any of them, a Lecture-room or Lec? ture-rooms, in which, at times, and under terms and conditions, and with tuition fees prescribed by the said Board, they may respectively form classes and deliver instructions in their respective professions ; and the same license may, if deemed proper, by the said Board, be given to a person or persons qualified to instruct in any mechanical or practical pursuit. None of the branches of instruction provided for in this section shall be considered as schools, or included in the number necessary to_be taken by any person before matriculation. VI. Each Professor hereinbefore provided for shall be allowed to occupy a house belonging to the corporation, free of rent, and be entitled to receive a salary of ono thousand dollars, to be paid quarterly, in advance, by the Treasurer of the State, and shall also bo entitled to receive such tuition fees as may be paid by the students entering the school at the head of which such Professor may be. VII. Thc Board of Trustees shall appoint a Librarian, who shall act as Treasurer of the corporation and Secretary to tho Faculty, and perform such other duties and receive such salary as the Board of Trustees may prescribe. VIII. The various Professors appointed to give instruction in the various Schools provided fo* m this Act shall constitute a Board, to be called the Faculty of tho University of South Carolina, one of whom shall be chosen by the Board of Trustees as Chairman of the said Faculty, who shall perform the duties heretofore imposed upon the President of tho South Carolina College, except where the same has Leon altered or modified by this Act. IX. That nine members of the Board of Trustees, at any stated or occasional meeting thereof, shall constitute a.quorum for the. transaction of any business winch is entrusted to thc said Board ; -anil in case of the absence of the President of the Board at any meeting, tho majority of those present, provided there be a quorum, may proceed to elect a Presi? dent pro tempore. X. That the Members of the General Assembly from each Election District in this State, or a majority of them, are hereby authorized and empowered, from time to time, to select ono youth from each of their respective Districts, -who shall be received into this University, and bo allowed to matric?late in this Institution, and enter any three of thc Schools provided for in this Act which may bo selected by him, without any charge for tuition, room-rent, or use of the Library ;' aud each Pro? fessor hereinbefore provided for shall be elected upon condition that he will give gratuitous instruction in his School to such of the said youths as may enter his School : Provided, however, That no parson receiving the benefit of this section shall be exempt from any charge which may be made for damages done by him to the property of the corporation. XI. That the Board of Trustees may, if deemed advisable, elect a Bur? sar, who shall hold his office upon such terms and conditions, perform such duties, and be entitled to receive such salary or compensation, as the said Board may prescribe. In the Senate, House, the twanty-first day of December, in the year of our Lord one thousand eight hundred and sixty-five. W. 1). PORTER, President of the Senate. C. H. SIMONTON, Speaker of the House of Representatives. Approve. 1 : JAMES L. OEE. "AN ACT TO AMEND THE LICENSE LAWS. I. Be il enacted by Hie Senate and House of Representatives, noa- me! and silting in General Assembly, and hythe aufltoritg of -, That the City Council of Charleston, the various Municipal Corporations and Boards of Commissioners of Roads, and all other persons or bodies corporate, in whom tie- right to granL tavern licenses, or licenses to retail spirituous liquors is now vested, be and the same are hereby authorized t>> fix the price of such licenses ai such sum os to thom may seem proper: Provided, That the same shall not bc less than fifty dollars for each iieeii.se. H. That any person who shall violate the License f.aw of this State, upon conviction thereof, shall bc fined in a sum not less than treble the amount of tho price of a license prescribed, and, al the time of the com? mission of the offence, existing for the local jurisdiction wherein such offence is committed, and shall be imprisoned at the discretion of the Court. In the Senate ETousc, the twenty-first day of December, in the year of our Lord one thousand eight hundred and sixty-five. Yv. i). BORTER, President of the Senate. C. ii. SIMONTON, Speakei of tho House of Representatives. Approved: JAMES L. OKE. JACOB SnjJ?BAGHlIR. M. FOOT. J. \i iJiur.iiiMi.il. WUOLBSAX.fi DEALER*? IN Dry Goods, CLOTHING, GROCERIES, LADIES' AND GENT'S FU?MtSMNG GOOOSt HATS, CAPS, BOOTS, SHOES. UMBRELLAS, MILLINERY GOODS, BONN HTS, HATS, RIBBONS, HOOP SKIRTS. CANDIES, SEGARS, ETC. POCKET AND TABLE CUTLERY, Assembly Street, HETWEEN PLAIN * WASH I .Vi; Toy. COLUMBIA, S.C.