From the Charleston Mercury |
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January 11, 1864 |
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Acts Passed by the Legislature of South
Carolina at the Regular Session of 1863 |
An Act to Amend an Act Entitled "An Act to Charter the
Shelby & Broad River Railroad |
Sec. 1. Be it enacted by the Senate and
House of Representatives, now meeting and sitting in General Assembly,
and by the authority of the same, That "An Act to charter the Shelby
& Broad River Railroad," passed on the eighteenth day of December, in
the year of our Lord one thousand eight hundred and sixty-two, be, and
the same is hereby, amended so as to allow the company thereby chartered
to increase the capital stock of said company to the amount of one
million five hundred thousand dollars, and to increase at their
discretion the number of Directors constituting the Board to thirteen. |
Sec. 2. That the fifth section of the said
Act, to charter the Shelby & Broad River Railroad, be amended so as to
read as follows: The said company are hereby authorized to construct a
Railroad from such points on the Spartanburg & Union Railroad, the Kings
Mountain Railroad, the Greenville & Columbia Railroad, or the Charlotte
& South Carolina Railroad, as the stockholders of the company, hereby
incorporated, may hereafter select, towards and unto the North Carolina
line, and such route as may be determined by the company, leading to the
Wilmington, Charlotte & Rutherford Railroad in North Carolina, at or
near the village of Shelby, in said State, and that for the purposes
aforesaid all the rights, powers and privileges conferred on the
Charlotte & South Carolina Railroad Company, by an Act entitled "An Act
to charter the Charlotte & South Carolina Railroad Company," passed in
the year of our Lord one thousand eight hundred and forty-six, in
connection with an Act amendatory thereof, entitled "An Act to produce
conformity in the charters granted to the Charlotte & South Carolina
Railroad Company, by the States of North and South Carolina," are hereby
conferred on the said Shelby & Broad River Railroad Company, and subject
to the conditions and restrictions contained in said Acts, except in so
far as the special provisions of the charter of the Shelby & Broad River
Railroad may require the same to be modified or varied. |
Sec. 3. That the said Shelby & Broad River
Railroad Company, be and it is further authorized to construct branches
of not more than ten miles in length, to such points near the route of
said Railroad as may be deemed expedient. |
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