The daily phoenix. (Columbia, S.C.) 1865-1878, March 26, 1870, Image 2
COLUMBIA, S. C.
Saturday Morning, March 86. 1870.
President Giant TS. Governor Scott.
The remarks attributed to Gov. Scott,
as given in our issue of yesterday, are to
be invested with some importance-not
so much because of the mao, as because
of the office be holds. We regard his
reference to South. Carolina as offensive
and uncalled for. At the same time, bis
remarks, conceived in the spirit of the
braggart, and singularly inappropriate in
ono claiming to be the chief magistrate
of the people of South Carolina, may be
rogarded as characteristic. Gov. Scott
refers to the campaign of 1868. The
history of that campaign, so far as bo is
concerned, and as respects bis dealings
with prominent gentlemen in this State,
has not yet been given, and when it does
soe the light, it will reveal the present
valiant Governor in other and traer colors
than those in which ho presents himself
before an audience in the far off city of
Washington. Now he puts on the lion's
skin, and roars like a lion. Han he for?
gotten the time when, ailee ted by unne?
cessary alarms, he was as gentle as a
lamb? But it is the rule for timid na?
tures, when imaginary dangers are no
longer felt, to affect a valorous role and
to seek to excuse their baseless alarms.
Gov. Scott speaks of the "Southern Con?
federacy," and talks of the "rebel ele?
ment"-thus pandering to the feelings
which good men, both North and South,
are seeking to allay, and thus to. have a
Union restored indeed. Let us say to
Gov. Scott that the "Southern Confed?
eracy" need not occur to him to disturb
his nerves. The men who sustained that
cause sui rendered at the order of Lee,
Johnston, Taylor and Kirby Smith, and
like honorable and brave soldiers, are
mindful of their new obligations. Bat
tho Governor refers also to the "rebel
clement." Wo know of no such element,
in the sense in which be uses the term.
But there is a rebel element in South
Carolina, and in the South, and in the
North and in the West, also. Wo mean
the element disposed to rebel against of?
ficial dishonesty, bribery, thieving, ex?
travagance, and political rascality in
general. We mean the element that op?
poses wickedness in high places as well
as low places. We mean the element
that demands economy, retrenchment
and reform in publie affairs. We mean
the element that insists upon it that the
few shall not fatten whilst the many grow
poor. We mean the element that oppo?
ses the political vam pyres that all through
the South are drawing the blood from
prostrate States and impoverished com?
munities. If this be rebellion, then there
is a "rebel element" at the South, and long
may it live. Bat we differ from Gov.
Scott, and "the element" referred to dif?
fers from Gov. Scott in this: He prefers
"the Wiuchester rifle"-we, albeit not
unused to that weapon, prefer the peace?
ful remedy of the ballot, and with the
ballot we hope to viake our rebellion against
corrupt government good. But enough on
thia point.
Let us now contrast Ihe spirit of Scott
with the spirit of Grant-"the man of
war"* with "the man of peace." General
Grant, with a magnanimity that does
him honor and which is suggestive of
the terms accorded by him at Donelsou,
Vicksburg and Appomattox, is looking
anxiously forward to the time when he
can propose a measure of general am?
nesty, and from bis chair at Washington
hold out the olive branch to an harassed
people. Gov. Scott, in n different spirit,
proposes to keep old wounds open, and,
spurning the banner of peace and good
will, bolds aloft the "Winchester rifle"
as the symbol of government in tho
South. "I tell yon," says Governor
Scott, "that the Wiuchester rifle is the
best law." Thus stands Grant, and thus
btuuds Scott. Judgo ye between thurn.
In the coming election we desire all
citizens entitled to vote, to cast their
ballot. We desire to coerce no man-to
intimidate no one. We want fair play.
We waut equal and exact justice. But,
judging from Gov. Scott's warliko utter?
ances, wo have beeu Iud to suppose that
he imagines that he can effect something
ly intimidation. It looks liku he was
disposed to imitate porno of those rulers
who rest their power upon tho bayonet
and tho rifle. Let us suy to bim that, if
this be HO, he is reckoning without his
host. Thoso who intend to vote against
tho proseut rule in South Carolina wi!! du
so. They will abide hy tho laws of the
laud-they will adhere with calmness und
discretion to law and order, hui they
will exercise with tirtuuess thoso rights
extended to them uiidur tho laws of thu
State uml of thu United States.
Au Indianapolis woman recently gave
birth to a child din ing her huabuitd't) ab?
sence, aud just before his return "tho
neighbor*" borrowed two other babies
and placed them in bed with tho little
stranger. When the father asked to HUI;
his chili] thu coverlet was turned down,
and although hu must havo been im
iiiouHoly surprised, ho soolly tu rued to
hts wifo a H.I a* ked, "Did any get away?"
Acta and Joint RMolmttova P?o?rU by th?
Lrglilaturo of South Carolin?.
AH ACT TO BKOCXiATB TUE FORMATION OP
OOBPO BATIONS.
SECTION 1. Bc ii enacted by the Senate
and House of Representatives of the
State of South Carolina, now met and
sitting in Oeneral Assembly, and by the
authority of the same, Three or more
persons who shall have associated them?
selves together by articles of agreement,
in writing, for the purpose of carrying
on any mechanical, mining, quarrying or
manufacturing business, and shall have
complied with the provisions of this
Act, shall be and remain a corporation,
under any name indicating their corpo?
rate character, assumed in their articles
of association, and which is not previ?
ously in use by any other corporation or
company.
SEC. 2. The purpose for, and the place
within, which such corporation is estab?
lished, shall be distinctly and definitely
specified in the articles of association,
and such corporation shall not direct its
operations or appropriate its funds to
uny other purpose.
SEO. 3. The first meotiug of such
corporations, hereafter organized, shall
bo .called by notice, signed by one or
moro of the persous named in such
agreement, stating the time, place and
purposes of the meeting, a copy of
which shall, seven days at least before
the meeting, be given to eaob member,
or published in some newspaper printed
in the County whero the corporation is
to be located.
SEC. 4. If doubts arise whether any
such corporation is legally organized,
the stockholders, at a special meeting
called for the purpose, under their by?
laws, or under the preceding Section,
may, by vote, confirm such organization
and all proceedings under it ; and by so
doing, and depositing one copy of such
vote with tho Clerk of the Court of Com?
mon Fleas for the County where the
corporation is located, and one with the
Secretary of State, such corporation aud
the subsequent Aots thereof shall be held
legal aud valid, as if tho original organi?
zation had been legal.
SEO. 5. Every corporation so organ?
ized, and its officers and stockholders,
may make by-laws not repugnant to tho
laws of the State, with penalty for the
breach thereof not exceeding twenty
dollars for euch offence.
SEC. 6. The business of the company
or corporation shall be managed and
oonducted by a President, or Board of
Directors, a Clerk, Treasurer, and such
other officers and agents and factors as
the Corn puny authorizes for that purpose.
SEO. 7. The Directors, Clerk and
Treasurer shall be chosen annually by
the stockholders, and shall hold their
offices until others are chosen aud quali?
fied in their stead. The manner of such
choice, und the mode of the choice or
appointment of all other agents, factors
and officers of the Company, shall bo pre?
scribed by the by-laws.
SEO. 8. The number of tho Directors
shall not be less than three ; ono of them
shalt bo chosen President by the Direc?
tors, or by the company, as the by-laws
shall direct.
SEO. 9. The Clerk shall be sworn, and
shall reoord all the votes of the company
in a bouk to be kept for that purpose,
and perform such other duties as shall
be assigned to him. The Treasurer shall
give bond in such sum, and with such
sureties, as shall be required by the by?
laws, for the faithful discharge of his
duty.
SEC. 10. At all meetings of the Coin
pauy, absent stockholders may vote by
proxy, authorized in writing, bat no
proxy shall be valid unless executed and
dated within six months previous to the
meeting at which it is used, if the maker
thereof resides in the United States ;
and no person shall, as proxy or attorney,
cast more than fifty votes, unless all the
shares so representad by him are owned
by ono person, and no officer of the
corporation, as proxy or attorney, shall
cost more than twenty votes. Every
Company may determine, by its by-lawH,
what number of stockholders shall uttend,
either in person or by proxy, or what
number of shares or amount of interest
shall bo reproseuted nt any meeting to
constitute a quorum. If the quorum is
not so determined, amnjority in interest
of tho stockholders shall constitute a
quorum.
SEO. ll. The capital stock of every
Company, the amount whereof has boen
tixed and limited by such Company
according to law, shall remain so fixed,
subject to bo increased or reduced pur
snaut to tho provisions of this Act.
SEC. 12. The amount of tho capital
stock of every Compauy not organized
shall be fixed and limited by the Com?
pany, and shall, at its first jaeeting, be
divided into shares, of which a record
shall be made by the Clerk.
SEO. 13. The shares shall be numbered,
and every stockholder shall haveacertifi
cuto nuder tho seal of tho corporation,
and signed by the Treasurer, certifying
his property in such shares as are ex?
pressed in tho certificate.
SRO. ll. The amount of capital stock
of such corporation shall bo fixed and
limited iu its articles of association. Tho
co poi at ion may iucrease or diminish its
amount and tho number of shares at any
meeting of thu stockholders especially
called for tho purpose; but tho capital
shall never be less than five thous,uni,
nor moro thuu live huudred thousand
dollars, and no shine shall bo issued for
loss than its par value.
SEO. 15. Such corporation may, in its
corporate name, take, bold and convey
such real and personal estate us is neces?
sary for tho purposes of its organization ;
may carry on its business, or so much
thereof as is couveuieut, beyond the
limits of tho State, and may tliero pur?
chase and hold any real or personal es?
tate necessary for conducting tho same.
SEC. 10. Before such corporation com?
mences business, tho President, Trea?
surer, and a luujoiity of tho Directors
shall sigo, swear to, publish thrco times ;
in some newspaper, printed in the town
or County wherein such corporation is
situated, and deposit with the Secretary i
of State a certif?calo, setting forth the 1
corporate unmo and purpose of the asso- i
ciatiou, the amount of the capital stock,
the amount aotually paid in, and the par ;
value of the shares in the corporation,
and shall file a copy thereof with the
Clerk of the .Court of Common Pleas, in i
the County wherein the corporation is :
situated, to be by him recorded in a
book kept for the parp?se. Within thirty
days after the payment of any install?
ment culled for by tho Directors, a cer?
tificate thereof shall be in like mauner
signed, sworn to, deposited, filed and re?
corded.
SEO. 17. When ho capital ?tock and
shares of any sucu corporation are in?
creased or reduced, under the provisions
of Section 14, n certificate thereof shall
be made, signed, sworn to, deposited and
recorded iu thc man uer af oresaid.
SEC. 18. Shares may be transferred by
the proprietor by un instrument in
writing, under his baud, and recorded
by the clerk of tho corporatiou, io a book
to be kept for thus purpose. The pur?
chaser named in such instrument, so re?
corded, shall, on producing the same to
the Treasurer, and delivering to him the
former certificate, bo entitled to a new
certificate.
SEC. 19. Every Company may, from
time to time, at a legal meeting culled
for the purpose, assess upon each shurc
Buch sums of money ns tho Cotnpnuy
think proper, not exceeding, in the
whole, tho amount at which euch share
was originally limited, and such sums
assessed shall be paid to tho Treasurer
at such times and by such installments
as the Company directs. No note or
obligation given by the stockholder,
whether secured by pledge or otherwise,
shall bo considered as paymeut of any
part of tho capital stock.
SEO. 20. If tho proprietor of any share
neglect to pay a sum duly nssesned
thereou, for the space of thirty days af?
ter tho time appointed for paymeut, the
Treasurer of the Company muy sell at
public auctious a sufficient number of
his shares to pay all assessments then
due from hi m, with the necessary iuci
dental charges.
SEC. 21. Tho Treasurer shall give no?
tice of the timo and pluce appointed for
such sale, and of the sum due ou each
share, by advertising tho same three
weeks successively before tho salo, in
some newspaper printed in tho Couuty
where tho corporation is established, and
if there is no such paper, then in some
newspaper printed in an adjoining
County, und a deed of tho shares so sold,
ma?o by the Treasurer, and acknow?
ledged before a Justice of tho Pence or
Magistrate, and recorded as provided in
Section IS, shall transfer suid shares to
the purchaser, who shall be entitled to
a certificate therefor.
SEC. 22. Tho members of every Com?
pany shall bo jointly and severally lia?
ble for all debts and contracts made by
the Company, until the whole amount of
capital stock fixed and limited by the
Company in manner aforesaid, is paid in
and a certificate thereof made and re?
corded as prescribed in tho following
Section.
SEC. 23. Tho President and Directors,
with the Treasurer and Clerk of such
Companies, shall, ufter the payment of
the lustlnstulluient of the capital stock,
make a certificate, statiug the umouut of
the capital so fixed and paid in, which
certificate shall be signed and sworn to
by tho President, Treasurer, Clerk, aud
a majority of the Directors, and they
shall omise tho samo to be recorded iu
the Registry of Mesue Conveyance 'for
the County whereiu the corporatiou is
established.
SEC. 24. If a Company increases its
capital stock as before provided in this
Act, tho officers mentioned in tho pre?
ceding Section, after payment of t lie lust
installment of such additional stock,
shall mako a certilicate of the amount HO
added and paid in, sign and swear to tho
same, aud cause it to be recorded in the
manner therein provided.
SEO. 25. If any of said officers refuse
or neglect to perform the duties required
of them in the two preceding Sections,
they shall be jointly and severally liable
for all debts ot tho Company contracted
after tho expiration of thirty days from
thu paymeut of tho last installment, and
before such certificate is so recorded.
SEC. 2U. If a corporation diminish its
capital stock as hereinbefore provided, a
certified copy of tho resolution or vote
for that purpose s?mil be recorded in the
Registry of Mesue Conveyance for the
Couuty whereiu the Company are estab?
lished, and in default thereof, tho Di?
rectors of the Company shall be jointly
and severally liable for all debts of the
Company contracted after thirty days
from such reduction, and before tho re?
cording of such copy.
SEC. 27. If any part of the capital s'ock
of u Company is withdrawn and refunded
lo the stockholders before the payment
of all the debts of the Company con?
tracted previously to tho recording of
the copy of tho vote for that purpose in
tho Registry of Mesne Conveyance, a*
prescribed in the preceding Section, all
stockholders of tho Company shall be
jointly aud severally liable for the pay?
ment of such debts.
SEC. 28. Every corporation organized
under the provisions of this Act shall file
thu certificates required of corporations
by Sections 23 and 24, and the Directors
?hull mako, anti tho President, Trea?
surer aud a majority of the Di rectors
shall sign, swear to, and deposit with :
the Clerk of the Court of Common Pleas
tor tho County in which suid corporatiou
is established or located, within thirty
days after tho date of tho annual or sctni
iiuunal meeting, next preceding tho date
of such certificate, a certificate stilting ?
tho date of such auuunl uud scini-annu d ?
meeting, thu amount of capital Btock i
paid in, tho name and number of shares
held by snub stockholders, the umouut
vested iu real eatute, and in personal es?
tate, thu umouuts cf property owned by,
and debts duo to tho corpor >tiou, and
tho amount, as nearly as cnn bo aseer- .
tallied, of existiug demands against thu
oorporatioD ; all as ascertained aodexhi- ?
bited at the date of suok an aouual or
Mmi-annnal meeting.
SEO. 29. If the officers of any stich cor?
poration violate the provisions of Sec- ?
tion 2, or neglect or refuse to perform <
the duties required by Sections 16, 17 <
and 28, they shall be jointly and sever- 1
ally liable for all debts of the corpora- i
tion contracted during tho continuance t
of euch violiation, refusal or neglect. i
SEO. 30. When the officers of suoh cor- i
poration have failed to perform tho du- I
ties prescribed in Sections 16, 17 and 28, 1
the certificates therein mentioned may ?
bo made, filed and published ut any time 1
after such failure, and such officers shall
not bo personally liable for tho debts of '
the corporation contracted ufter the re- ?
qui.cition H of said Section have buen com- I
plied with. (
SEO. 31. If tho Directors of any Coin- i
pauy formed nuder this Act declare and I
pay any dividend, when tho Company is i
insolvent, or the payment of which 1
would render it insolvent, they shall bo
jointly and severally liable for all the i
debts of the Compuny, then existing, i
aud for all thereafter contracted, so loug
as they respectively continue in office: I
Provided, That the amount for which
they shall all be so liable shall not exceed
tlie amount of such dividend, and if any
of the Directors aro absent at tho time i
of making tho dividend, or object there?
to, and file their objection in writing with
tho Clerk of the Company, they shall be ;
exempted from such liability. i
SEC. 32. No loan of money shall be
made by such Company to stockholders
therein, and if uuy such loan is made to
a stockholder, the officers who mako it
or assent thereto, shall be jointly and
severally liable to the extent of such loan
and interest, for nil tho debts of the
Company contracted before tho re-pay?
ment of the sum so loaued.
SEC. 33. Tho whole amount of tho
debts which any such Company at any
time owes, shall not exceed thu amount
of its capital stock actually paid in; and
in casu of auy excess, the Directors un?
der whose administration it occurs, shall
be jointly and severally liable to tho ex?
tent of such excess, for all tho debts of
tho Company then existing, and for all
that are contracted, so long as they re?
spectively continuo in office, and until
the debts aro reduced to the amount ol
tho capital stock : Provided, That any of
the Directors, who are absent at the timo
of contracting any debt contrary to tho
foregoing provisions, or who object
thereto, may exempt themselves from
liability, by forthwith giving notico of
tho fact to the stockholders ut tho meet?
ing they may call for that purpose
SEC. 34. If auy certilicate mado or
public notice given by tho officers of a
Company, in pursunuco of tho provis?
ions of this Act, is falso in any material
representation, all the officers who signed
thu Rame, kuowiug it to be false, shall
be, jointly aud severally, liable for all
the debts of tho Company contracted
while they wero stockholders or officers
thereof.
SEO. 35. When any of the officers of a
Company are liable, by the provisions of
this Act, to pay the debts of tho Com?
pany, or any part thereof, any person to
whom they are so liable may have an ac?
tion against any one or more of said of?
ficers, and the declaration in such action
shall state the claim against the Compa?
ny, and the grounds on which the plain
tiff expects to charge the defendants,
personally; and such action may be
brought, notwithstanding tho peudeucy
of au action against tho Company for
the recovery of the same claim or de?
mand; and both of the actions may be
prosecuted until the plaint ill' obtains tho
pay men t of his debt, and the cost of both
actions.
SEC. 36. When tho stockholders of
such a Company aro liable, by the pro?
visions of this Act, to pay tho debts of
such Company, or any part thereof, their
property may bo taken therefor, on au
order of attachment, or on execution is?
sued against tho Company for such debt,
in tho sauiu manner as on orders of at?
tachment and executions issued against
them for their individual debts.
SEC. 37. An officer or stockholder of a
Company, who voluntarily or by com?
pulsion pays a debt of the Company, for
which ho is mado liable by the provis?
ions of this Act, may recover tho amount
so paid, in au action against thc Compa?
ny, paid for its use, in which action the
property of the Company only shall be
liable to be taken, and not the property
of any stockholder.
SEC. 38. Tho Secretary of State shall
annually prepare, cause to bo printed,
and on the fourth Tuesday of November
submit to the General Assembly a true
abstract from tho certificates required by
this Act to be deposited with him.
SEC. 39. The words "Corporation" and
"Company" shall be construed as synony?
mous or interchangeable terms in this
Act.
SEC. 40. Corporations organized for
the purpose of manufacturing cotton or
woolen goods may, upon tho consent of
four-fifths of tho stockholders, by vote,
at a meeting called for the purpose, curry
on thu manufacturo of silk, linen, wax or
India rubber goods.
SEC. 41. Tho Legislature may amend
or repeal this Act so as to effect existing
corporations, and may, .by special Acts,
annul or dissolve any such corporation.
SEC. 42. The Act entitled "An Act to
authorize and regulate tho creatiou of
private Corporations within this Stato,"
approved tho twentieth day of Decem?
ber, A. D. 1866, is hereby repealed, in
respect to all Corporations hereafter to
be formed; but UP provisions shall ro?
main of loree as to all Corporations
which have already been organized nuder
said Act: Provided, All Corporations or?
ganized under said Act may re-organize
under tho provisions of this Act.
CHAS. W. MONTGOMERY,
President pro lem. of thu Senate.
FRANKLIN J. MOSES, Jn"
Speaker House of Representatives.
Appioved tho 10th day of December,
\. D. 1860.
ROBERT K SCOTT. Governor.
IN ACT CONSENTING TO THE SAIiB OF CRH- t
TAIN ZJANDS TO THE UNITED STATES, AND I
CEDING JURISDICTION THEREOF. (
Whereas, the Congress of the United i
States of America, ut the third session t
A the Fortieth Congress, passed un Act i
Hitit led "an Act making appropriations t
or sundry civil expenses of the Oo- \
.?eminent for the year ending June
hirtieth, eighteeu hundred and seventy, f
ind for other purposes," which Act was i
ipproved on the third dny of March, in i
?ne year of our Lord ono thousand night. <
liindred and sixty-nine; and tho said t
\et, nuioug other things, provided tus I
olio ws : <
For purchase of building known as 1
'Tho Club House," .at Charlestou, <
South Carolina, and tho fitting up 1
hereof for tho uso of tho United States i
Jourts, forty-six thousand dollars, or so i
mich thereof as may be required, nud
die Secretary of the Interior is hereby
lUthorized to make such purchase, and
:it up said building for the said purpose:
Provided. That the same can be done ut
in expense not larger than said forty-six '.
thousund dollars.
And whereas, by a joint resolution of .
the Congress of the United States, ap?
proved September tho eleventh, one
thousand hundred and forty-one, enti?
tled "Joiut Resolution making it the
duly of the Attorney-General to examine
into tho titles of lauds and sites for the i
purpose of erecting thereon armories
and other public works and buildings,
and for other purposes," it wns resolved,
among other things, thnt no publie
money should be expended upon any
site or laud thereafter to be purchased
by tho United States, for the purposes
aforesaid, until th? writton opinion of
the Attorney-General shall bo had in
favor of tho vulidity of tho title, and
also the consent of tho Legislature of
the State iu which the laud or sito may
be, should bo giveu to said purchase;
therefore,
SECTION 1. De il enacted by the Senate
and House of Representatives of tho
State of South Carolina, now met and
sitting iu General Assembly, and by the
authority of the same, That the con?
sent of the General Assembly of tho
said Stato be, and ?H hereby, givou to the
Uuited States of America to purchase,
in fee simple, from tho owner or owners
thereof, for a court bouse and offices
connected therewith, for the use of the
Uuited Stutes Courts, or for any other
purposes to which tho Government of
the United States may think proper lo
apply it, and to exercise uuthority und
jurisdiction over all that lot, piece or
parcel of lund, with the buildings there?
on, known as "Tho Charleston Club
House," situate, lying nud being on the
Westside of Meetiug street, in said eily,
measuring nud containing in front, ou
Meeting street, fifty-eight feet, more or
less, by about two hundred and thirty
six feet ia depth, more or less; bound?
ing North on lands now or late of Wm.
P. Greenland; to the East on Meetiug
street; to the South on lauds of M. C.
Mordecai; and to the West on lands of
the French Protestant Church : Provided,
That all process, civil orcrimiuul, issued
under tho uuthority of this State, or any
officer thereof, shall and may be served
and executed ou any part of the said
premises, and on nuy person or persons
there being and implicated in uuy mutter
of law: And provided, always, Thut the
said lot of lund, uud ull the buildings
und structures of every kind already
thereon erected, or that may hereafter
be erected thereon, shall bo absolutely
nod forever exempt from all taxes of the
County of Charlestou, und the corpora?
tion of tho city of Charleston, nud of
the aforesaid State: Provided further,
Thut ull taxes heretofore luid or levied
upon thu saul lund shall bo a lien there?
on till paid.
CHAS. W. MONTGOMERY,
President pro le.m. of the Senate.
FRANKLIN J. MOSES,
Speaker House of Representatives.
Appro veiVDecem ber 23, 18G?).
ROBERT K. SCO II', Governor.
AN ACT TO INCORPORATE THE COLUMBIA
OIL COMPANY.
SECTION 1. lie it enacted by tho Senate
and House of Representatives of the
State of South Carolina, now met and
sittiug in General Assembly, and by the
authority of tho same, That E. P.
Alexander, Johnson Hagood. John Brat
ton, J. C. Haskell, Thomas E. Gregg, F.
W. MeMustor, W. K. Bach mau, Hurdy
Solomous, uud their associates und suc?
cessors, are hereby m ado uud created a
body politic uud corporate in law, under
the uame and stylo of "Tho Coluinbiu
Oil Compauy," for the purpose of
extracting and manufacturing oil from
cotton seed, nud other Heeds or grain,
und for the purpose of carrying on such
other business us may be cou uoc ted there?
with, with a capital of thirty thousand
dollars, to be divided into three hundred
shares of ouo hundred dollars each.
SEC. 2. Tho suid Company shall have
power, from timo to time, to increase
their capital stock tJ uuy amount not
exeeediug one hundred thousand dollars,
including their present cupital stock,
whenever a majority of the stoekholdeis
present ut uuy general meeting shall
determine Books may bo opened for
thu purpose of obtaining additional sub?
scribers to such increased stock, in snell
manner ns tho Company may doun
expedient. And whenever any increase
of capital shall bo made, as aforesaid.
Ibo President of thu Company shu 1
make allidavits of the fae;, ami lite lu?
sumo iu the ollie o of tho Secretary ol
Stute, and make publie not ico thereof
once a week for turee weeks, coimeou
. ively, in a newspaper in the city ol
Columbia, which shall be legal nonce to
all persons dealing with said corpora?
tion.
SEC. 3. Tho said Company shall have
succession of ofliccrs uud lut'tnhers, to
bo chosen according to the rules and by?
laws made, and to be made, for their
government und du'e?liou, mid nhutl have
power und uuthority to make by-laws,
not rejoignant to thu jaw.-, of tho land ;
to make, have und uso u commuu seal,
/
ind tbe samo to alter at will ; to ene and
ie sued, plead and be impleaded. in any
Uourt of Law and Equity ; to purchase
ind hold any lands, tenement? or bere
litaments, gooda or chattels which maybe
?ecessary, connected with, or conducir?
o, the purposes for which said Com
jany is established.
SEC. 4. Tho suid corporation shall not
;o iuto operation until twenty thousand
lollara of tho capital stock shall bo paid,
u gold or silver or United States Trea?
sury notes, and an oath or affirmation of
,he payment thereof shall bo made by
be President, Treasurer, aud a mnjoritp
d tho Board of Directors, which shall
je recorded in tho Secretary of State's
>flice, and published in at least two
respectable newspapers in the State, one
is near tho establishment as circumstan?
ces will nduiit.
CHAS. W. MONTGOMERY,
President pro tem. of tho Senate.
FRANKLIN J. MOSES, JR.,
Speaker House of Representatives.
Approved the 14th day of February,
187U. ROBERT K. SCOTT,
Governor.
Eiooal Items.
Tho "Old Guard," published by Van
Evrie, Horton & Co., No. 1C2 Nassau
street, New York, is on our table. Its
contents, as usual, are rich and varied.
Price-$3.00 per annum.
AMERICAN SUNDAY SCHOOL WORKER.
This tnagaziuo, edited by prominent
gentlemen connected with the various
evangelical denominations, and pub?
lished by J. W. Melutyre, St. Louis, at
SI.50 per year, has been received. The
subscription price is fifty cents for four
months.
ELECTION ORDERED.-From the notice
in another column contained in the
Executive Proclamation, it will be seen
that au electiou for Mayor and Aldermen
of this city, has been ordered for April
5th next. For three days prior to tho
election, the books will bo opened for
registration.
INQUESTS.-Tho Coroner held an in?
quest on tho body of a negro woman
who was found dead, on Thursday, and
thc jury returned a verdict "that de?
ceased came to her death by the visitation
of God."
Auother inquest was held yesterday on
the body of a ?hito womau, and the ver?
dict of the jury was "that she carno to her
death from au overdose of morphine."
THE OrERATic CONCERT.-A rieh and
rure musical treat was enjoyed by the
large and appreciative audience that
greeted Miss McCulloch Inst evening.
It was this young lady's first appearance
before thc citizens of her native city as a
prima donna soprano. Public expecta?
tion was not disappointed. Our distin?
guished representative in the depart?
ment of song met with a most gratifying
reception, and her attainments were
fully appreciated. She has returned
crowned with laurels, and Columbia and
the State are proud of the honors she
has won. In the course of the evening,
she gave with great effect the familiar
Hong of "Home, Sweet Home."
Miss Henne, the contralto, was greeted
with applause, aud her singing was re?
garded very charming. Sig. P. Brignoli
showed himself worthy of his reputa?
tion ns a silver-voiced tenor, and Sig.
Petrilli, Sig. Giorza and Sig. Locatolli,
all performed their parts admirably.
The evening was passed most pleasantly.
Mr. Wright bad titted up the ball with
becoming taste; and, in conclusion, wo
have only to advise the lovers of music
to attend tho secoud occasion this even?
ing. This is Miss MeCulloch's benefit,
and tho popular opera of II Trovatore
will bo given.
floTRL Altin VALS. March 23 -Nickereon House.
W W Waiiuanirtker, St Matthew*,; W v hice.
Charier-ton; Win Johnston, N C; G W Water?
man, Walhalla; I' Hab?ck, Il P Hammett,
two Miss 11 amine! t's, ( . iee n vi 11 e ; Q A Connor,
Miss H G Connor, Cokeabury; H 1' Adams,
Suartanhnrg; Kt'Gusa, Uuionville; ll lt An?
drews. Marion; Mrs Mcdill' ch. Miss Mccul?
loch, Mi-s A Henne, sig ttriguidi, NI;: Petrilli,
ig Ui'irza, sig Durand, Sig Locatolli, N Y;
Mrs L Ji unings. Greenville; E H Hall, N Y;
li W McAhoy. Minali Urubhs.J Walton, Henry
Colton, Peu ti; <i W Connor, Abbeviiio; M O
nixon, lt .t 1> lt lt; G Uaibaguli?to, J il Nolan,
lt M stoker-, Union.
Column a /Mel -J li Ezoll, J Snlzbacher, L
Dart. eii\; lt w Kayni?iid, J D Hunter, J
Livingston. New York; J W O'lJricti. A li Mul?
ligan mu? lady, D U Hatton, Tho? Syniiner?, B
M Hilbert, Charleston; J L souther, Green?
ville; W .1 KH?T, Newberry; J W Mtrshall, Ab?
beville; J II rimry, Laurens; J II Miller J A
nuncan, W W Mayberry, G M Saddler, SOW
il Uaihiy. (Irveuwond: M s hailey. Clinton;
W J McOhee, i :..kosbur> ; T lt Kobertbon,
vVinnsnoio; J S Wiley, Snartanburg.
Lisr or NEW AnvisaTiHKiresTS -
Proc'amatinn - liv thu Gov. mor.
Bryan .V Mot 'arter-Acts i f the Legislature.
P Cantwell -onion Setts, etc.
Ads or ih? Li gi-datnre.
^s\*msm^^m?^^s^^BSSX^^^^I^9JLfMW?^^^
Onion Sets, &c.
- LU ?If K 1.8 ONION NETS .-inda full lir.o
.fut fr.Hh and reliable GAIiDKN SHEDS,
inst received and un I tor salu low for cash, at
P. O.v NT WELL'S,
M ireh IC, \ Mun M*r-et._
Ads OF THE
LABT LEGISLATURE..
For 1839-'70.
Pille*. Si eu.
??-der? by mail supplied by
M h 26 IJhYAN A McCAUTEIt.