| From the Lancaster (S. C.) Ledger |
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| March 27, 1861 |
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| The Central Railroad |
| The friends of industrial and commercial progress in
general, and the friends of the South Carolina Central Railroad in
particular, are reminded that the Books of Subscription to said Road
will be opened at the various points designated in advertisement, on
Monday next. Three hundred thousand dollars will secure the Charter. For
essential reason which it is not necessary to mention now, but upon
which depend in a great measure the success of the enterprise, it is
highly important that sufficient stock be taken to secure the Charter
before the next Session of our State Legislature. That this will be
done, we cannot suffer ourself to doubt for a moment. More than double
the amount required to secure the Charter was reported to the Sumter
Convention in July last as a bona fide subscription. With this margin,
therefore, it is fair to presume that $300,000 of stock, and more, will
be taken within the time mentioned. |
| Parties who subscribed last summer are aware that it
will be necessary for them to subscribe again under the Charter. The
Commissioners at the various points should have in their possession
copies of the original subscription lists. |
| We do not believe, as some have suggested, that the
unsettled condition of the country furnishes any well grounded reasons
for not subscribing at present; for although the requisite amount may be
subscribed and the Charter secured, the work will not begin, nor will
the money be called for until the difficulties before us are settled and
it is definitely known whether we are to have peace or war. Or if it be
preferred, let subscribers adopt as a basis the two-thirds, or even the
one-half of their former subscriptions to secure the Charter, with the
understanding that the balance will be subscribed when times become more
prosperous. The latter course, however, to be fair to all concerned,
should be general. |
| Every man who subscribed last summer should feel
himself honorably bound to respond now. |
| We request the Commissioners, particularly in this
District, to furnish us at the expiration of the ten days, with the
amount of stock taken at their respective points. |
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