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An Act to incorporate the town of Winnsborough. 1848 504 (1848)

handle is hein.slavery/ssactssc0369 and id is 1 raw text is: STATUTES AT LARGE

A. D. 1848. the Comptroller General shall transfer and deliver fifty thousand dollars
more of the said Stock; and in the same manner, the remaining subscrip-
tion of fifty thousand dollars shall be paid to the said Company, when the
Road shall be finished and in operation as far as forty miles from its junc-
tion with the South Carolina Rail Road.
State not lia-  IV. The State shall in no way whatsoever be liable for the debts and
ble.
be       contracts of the said Rail Road Company.
Rights of the V. The State shall have the same ri1ghts in the Company, and in its
State.1
management, as is reserved to private Stockholders.
Tracks to be  VI. An irrevocable condition is hereby imposed upon the said Cornpa-
united,    ny, that it shall unite its Road with the South Carolina Rail Road, with
a track of the satne width, and shall so manage its affairs, as that trans-
portation of freight and passengers from one Road to the other, shall be
had without hindrance of any kind whatsoever.
Condition to  VII. The General Assembly shall, at any time, have a right to exam-
be examiiined
and nuate ine into the condition of the said Company, and annual Reports, exhibit-
parts nade. ing its condition and prospects, shall be presented by the said Company
to the General Assembly.
Lien of State  VIII. In case any of the payments made by the State shall be in ad-
upon property.
vance of the call upon the private Stockholders, the State shall have a lien
upon the whole property of the corporation to which such advance is
made, to secure the same unto the State.
Conditions ro-  IX. The said subscription on the part of the State, hereby authorized
quired.    shall not be made unless the conditions required are complied with in
five years from the ratification of this Act.
Ti the Senate House, the nineteenth day of December, in the year of our Lord
one thousand eight hundred and forty-eight, and in the seventy-third year
of the Sovereignty and Independence of the United States of America.
ANGUS PATTERSON. President of the Senate.
JOHN IZARD MIDDLETON, Spe&ker House of Representatives.
No. 3041.        AN ACT TO INCORPORATE Tm     TOWN OF WINNSBOROUGH.
Town Incor-  I. Be it enacted, by the Senate and House of Representatives, now met
pointed.   and sitting in General Assembly, and by the authority of the same, That
all persons, citizens of the United States, who may be inhabitants of the
Town of Winnsborough, or owners of freehold therein, shall be deemed,
and are hereby declared a body politic and corporate, and that said Town
shall be called and known by the name of Winnsborough, and its limits

504

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