PUBLISHED WEEKLY, )
A FAMILY PAPER DEVOTED TO POLITICS, LITERATURE, AGRICULTURE, MANUFACTURES, MIKING, AND NEWS.
; PRICE S2 PER TEAR In Advance.
ROBERT P. WARING, Editor.
11 Cfje Itatrs -Distinct as tfje Sillom, but cnr u
Rl FUS Iff. nERRON, Publisher.
VOL. 3.
CHARLOTTE, N. C., FRIDAY MORNING, MAY 11, 1855.
NO. 42.
?. W A & JHG,
JLX
lt!orn(tj at Law,
Ofiee in Loitargan's Brick Building, 2nd floor. .
cnARLOTTK, N. C.
J. B. F. BOONE,
WHOLESALE AN 1) RETAIL DEALER IN
SOLE jL Cf f il.lt. CtW,F SMifJTS,
LINING AND BINDING SKINS,
IIOE TOOLS OF EVERY DK3CR1P I ION,
Charlotte, N. C.
Oct. 20, 1854. ly
ELMS &. JOHNSON.
Forwarding mid Commission Merchants.
NO. 10 VENDUE RANGE,
CHARLESTON, s. C.
VV. W. ELMS. C. JOHNSON.
June 23, '54. 4tf.
R. HAMILTON,
C O JI JI I S a O .11 E 11 !3 T,
Corner iJ Wirhnrilstm and Laurel Streets,
COLL' .M in A, s. a
June 9 185 t
BKEM & STEELE,
Wliolcsalo c3 Xotxil
m xi :u u ;d A I! J &
TRADE STREET,
Nearly opposite Kims Spratt's Grocery.
CHARLOTTE, N. C.
n r 1",
20tl I
CABCOI,liA II'N,
3 Y JENNINGS B . KERR.
t l-.itrtofSC, .V. C.
anuary 28, 1":. JM;f
BOUNTY LAND DZL.L,.
S. W. DAVIS,
Attorney and Counsellor at
C'iiml KMsO TTi E, AT. tf.
i i r kiiUvIhiui m niber biifinesa attend)
ti wit'
; I'oiaijcio .-s ; fart iculai ly Mich refer to the ; . -ration
t r.u-ioii Uhn, I .and Warrant, an.: itonutsona
..: t. an iy l.au.l agaiat f-e Ucneral Cotninent, aw
, r ihe Utc 'Juuuly I. ad I !' March 3d, 1 .:", ;:v
i -1 !; acrciof I.n.d In all Uficera, Land and Naval,
l . hi o -ion, l or inwt-CaatB.iaaMnvd, all Soldiers. JSca
i,,t';. rts, or other person, who have served im any
.: lie- u.irs :ii w uieu utc i i.ni-u omki i. i -
since 1790: and ala to all Officers snd Soldiers ' m
ni the liotilutionary N ;.r. LliLir widows and nnnor
lolilri n.
lavin? sucn Claims or pnrsvuung urw
1 t 1 ....... . I
secure un early issue of their certih- j
II.;!:-, 5 doors south of Sadler's Hotel.
tl36
Respectfully Yours J
rHE unsetihd bustmss ot fritcbarU K t Kieweii. r
i .i L I n nlact-d in the bands of S. W. Davis
. . . , II ! A I ' A- I '.. ' .O,-,.0 l.v
t .r c lection and sittlv ae ait Tie.se indebted r that j
year will be doing us a great favor Uy clotting their Ac- i
. . ints iiu mediate! j, a we have invariably cash to pay,
M.o.ey now, as all n.u.-l kuo.v, n. a bard thing to
PR1TCHARD Ae CALDWELL.
April
185
osavc your Cosls !
UK XotcS and Accounts ol the late firm of A. Bo.
thauc & Co. has been placed in the hands ol S. .
1
Dvis. Esq.. tor cnllrctioo and selttenicnt. I bose in-I
ti, bud citln r by Note or Account, are requi sted to man
an immediate smagement, ns further iudulgeuec can
aol and will nut be g ranted.
ALEXANDER JOHNSTON.
Aiiri! 7, 1S3;". o-.r
A I 1 .iitu. aim ni.' imi" " . I
! . . .... ... L, . .. il . : t
i . ... i. : .. . l. I......I ... i' ..
i r . l-l-.-J r . i.i.. -ml- i it ii:: 1 1 r or as one at toe
.1 lino of Steele llarty, an- respectfully request-
La I 1 ....I 1..- or. I f .ii r t il not snont-r.
A. C.
STEELE.
IVh
lsc;
4J-tt
-' I.ooiiS KOKTH oa kkrr's HoTKI..
I.F. Dresses cut and inr.de by the celebrated A. B
met bod, and warranted to lit.
Bonnets trimmed in the latest style at the shortes.
... .I,...- :i .i.i iw-- ani
A. EETHUNE,
No. S, Sprinsr Uow,
4 DOORS KAST OF THE C II AKLOTTE BANK,
CHARLOTTE, N. C.
Feb. 10, l5to5- 30 if
VV. S. LAWTON Si CO.,
faclors, Fortvarding and toiuiiiision
Soirii Atlantic Wharf,
CHARLESTON, S. C.
IX". s. LAWTOM. TUGS. ALLXAMJER.
n. 1VI. Normoni
Fl) KSPKCTFU LLY otfers his professional services to
i- uujitrs u CTiniHE ins mint- a i ics i inn tu niv nun
.- . , : . ... t c ,
i ios Droiemnn o mpm ni rnnai.i'. iih i iv :ih .) :i
t all hours, at hisaSea opposite the Aiqt-rican Hotel,
,.... . . nrAl3i.-cioolll l ainrn.iA.I
march 2, lS'-o. 33tt
Removal.
W. BECKW1TU has removed his Jewelry Store
to No. 2, Johnston's Kow, three doors South ol
err s note I.
, , i
Feb 16, 1S.,5. 30-ly
MECKLENBURG IIOlSE,
HAVING porchascd tb.c beiMiae on the cor-
ner, a tVw doors nortli-rust ol Kerr's Hotel, and
fLI'JiriU dllU lllll-U 1 Uj. Ill i l . I . O O, I IH'Ulll
Ml lor the reception of regular and transient boaroers.
rovers will had ample accommodations at inv boast.
Jan. 1, l-5a. 2o-lv S. H. RE A.
THE AMERICAN HOTEL,
CHARLOTTE, N. C.
BKG to announce to iny irienris, the public, nnd pres. j
cat patrons of the above Hotel, that 1 have leased the j
rile lor a r -m nl nan from tlo- 1 -t mi Jan BS r ne.v t .
Tier which time, tlie entire property will be thorough-
reparca and renovated, and the house kept in first
a .... ..1 . Ti.. . II : . .. .1... . j i .
situated, rendering it a desirable house for travellers
Pec 16, 1853. 22t C. ftf. RAY.
Can any niaD, wedded to the interests of Vir
ginia, read the following article without indiena-
,,ol at the monstrous attempt of ihe Secret Order
to (oist themselves upon the people of the State 1
Know-Nothingism is openly avowed to he tho le
ver with which to push anti-slavery designs, even
in irginia! Will not nil true Virginians be
warned in time ?
From the Wheeling Argus.
A Dcvclopiiicut.
Whatever we may have thought of the ability
of Mr. Flournoy, the Know-Nothing candidate fur
Governor, we had supposed that h:s views on the
slavery question were Virginian, and that the
party in this State would have washed their ln!i'
of the abominations of their Northern breiherti,
and place upon their tickets men who wire not
tinctured with abolitionism, however much so they
might have been with oilier peculiar isms ol which
tilt; party is composed. Pollock, tf Pennsylvania,
Wilson, ol Massachusetts, and numerous other
abolitionists, the first fruits of Northern Know
Nolhittgisro, was "proof as strong as Uoly Writ"
that there was a complete fusion and sffiliation
with the frcc-soilers, abolitionists and high r taw
factions in the North, but in the face of these facts
and t!ie evidence beore them, the Oriran r.nd
Richmond Whig have been laboring gi alously
j to convince the American people that the Know
j Nothing party was national, conservative, and
j ihe only ohh thai could preserve the Lilian. A
.i . .
u-.Njier.i e c.iue ream res a strenuous vindication,
as is known to loose wjjo are laboring for the
muzzled night-walkers in the Oid Dominion, and
hence thu enormous exertions thai are being made
bv these narlizans. and the Roorback stories set
afloat in regard to their strens'h. A letter thai
, was accidentally inisdirectcd by a member of the
1 VVincheaier convention to ti orotii r in Ritchie
i county, and received by ihe gentleman whose
; name was endorsed upon it, says, that the whole
strength of the party, boys and all, in the State,
j is only fori y -six thousand, insfad id the seveuly-
i live thousand which in laree ticur
i 3 emblazoned
I upon ihe column of the Kntw-Notl
:s tne number etirolh-d upon ihe list (
uiuhl conclave. Small leakages nro
papers
the mi
great
nieu t
n in some eases, am! a con
ti u i..rs:
iri'in one nroiarr m m ortier to anotticr m
with a moderate allowance tor ihe natural nroti
n-
btly for exaggeration iu such eo-ts, i
cessarv t
bear up H" itie uroiinio? smrits
ihe brethren,
be eon-,: ii i l as a ir tstim-tti
All IO?d, the
ile re may ( from thirty -u lor ty thousand ol
(nun inuicin s i ni fie c- no',
f i i .i
nnd
i n I s :s
the
the
bty party Inel Contempiatea
tm; defeut of
liM Fienrv
mocraev of '
nuble champion bom'' a r
u ie. and the overthrow
(d the i!
i
. .,,,, iia. -i
la i
Lomocral been
inciples ;i;)J cas:
who lias lorS'iKeu Din i.irlv o:
. i
- 1 1 ; . . I i , , .. .
iimw-ii luiu in.- sneu ci DLUow-ioimngisni, ac
pendiag upon its power to promote him to oflice.
Duped in regard to the stn ngth ol tiie order int.'
IS!.
deceived as to its principles, they will hasten to
leave the sinking ship and he able lo say, I V. .R
not i'.' re wlten she v. en: dow n, but wao with the
jt.,.!0l., UCy who sail smooth' y thruUjjh rou-h sr-us
, . - w
But, lo return from the digression, let us con
sider lor a .no i' . nt son
Air. Stanhope Ph.urnoy
and litis stood i.jon a q'i
puriauce to the State cl
I fx
sre
aut-cedenis ol
how he stands,
stion that i. ol v i '. i ii".
rirginia in a j ecuniary
: which is contained the
I oim of view, and one i:
peace, perpetuity and rt c
wn oi the Union. Mr.
: Flournoy in a speech delivered ol Charlotte court
j bouse, in the year 18-iG.or 187, is said to have
i heid the following language, which would irrajce
I the columns of the New Sfork Tribune, tho Na
i tional 'Irs, t!ie Wheeling Times or any other pa
I ner that takes special doitgh! in descanting uoon
'. the evils that arise out of is'avi -rr .i:; it xists in
i ihe Southern States. Here is what he said: "The
, decline ol Virginia was no! attributable lo Ihe want
j ul internal improvements," r.nd kaixtainco that
j IT WAS DVK TO rvtSRO ST.AVKBlt ASStBTtSO THAT
I NO dOUXTKV CAM I!C PEOSPEROCS WITH A SLAVE
rorrr.ATioN. Know-Nothing Wilson will live
and die with unrelenting; hatred lo slavery on his
pa Know-Nothins Pollock
declared
l.'l
vor of the repeal of the Fugitive Slave I ,n w and j
and the Nebraska bill the Know-Nothing L"o-jc.
lature of Michigan ha-i instructed her Seu.ilors to
vote for the repeal of both these laws, and Flour
noy, the Know-Nothing candidate lor Governor j
of Virginia, says thai no country can be prosper
ous with a slave population. Head this, Virgini
ans, and consider the wonderful similarity that
exists between the Know -Not kings North nnd in
our own State, and then read the following from
trie Young American, a Know-Nothing paper tint
was published in Pit'sbur", and mark the deststis
I - o
of I ho Auris pn,ly, tl. naltuonl parly, th" oir
ihat i purt and frea from sectional prejudices,
the pany in which the Sotith is called upon lo
pace eoafideoce in their trusi :
Anti -Slaverv and tub Know-Nothings !
The conti st iu Virginia is looked upon as a de
cided matter, and the election of ihe Know-Nothing
candidate for Coventor as a fixed fact. This
may be regarded fy some as a matter of surprise,
, inasmuch as ihe Know Nothing organizatu n, hav-
ins i's rise iu the North, is as much in opposition
e i i
: to the slavery of ihe South as to iho domination
I of the Catholic church und other foreign influences
in our government generally, hut the truth is,
there is no cause for surprise in th- matter. Vir
pinia has a population as decidedly favorable to
j the abolition oi slavery as any people in Pennsyl
vania or Ohio. Virginia, instead of being unani
mous, is therefore greatly divided on the subject
nf slavery. The pro shivery portion are the rich,
whose wealth is iu land and negroes. The poor- j
I er and laboring cl.isses are oppressed by the insti- i
union ami iavr us aooiitiou. j ins leeting pre
veils widely in the e::s', but predominates largely
in the west, and there are nnny who would not
besttats to come out openly in dhrocatiug abolt
lion, joia eheerfeliy and at once io the Know
Nothing move, seeins that il tends to that end. ,
j Oihers, istdiflfereal lo I be subject, (all into ihe cur-
. .i .... i l. ..... . .1 .i I
rem its iuc juijiuon one, ei Knowing uiai toe suc
ces of the party u the surest blow that can he i
given to the pro-slavery interest of the Suite. The)
pro-slavery of Virginia is therefore to be broken,
ss the oid parties in the other States were broken,
bv the quiet but onward progress ol the Know
Nothing organization. They do not, of course,
as we of the North have done, come out in open
opposition to slavery."
An Act tO Incorporate M tllC WiiniillPlOn ,!li nf Stare, and thenceforth, from the closing one or more newspapers in the State, for the space
i f . . ,j ,. , of the books ol subscription as aforesaid, the Said ol one month before the time ul ptymenl ; and on
aUU IliariOltC Kail BOM lOIlipaEy. aubsciibrs io stock Khan from one body corpor- j failure of any stockholder to pay each inslslmeui
Sec. 1. Be it enacted by the General Asscm- ate and politic, 'u deed and in law, for the pur- as rt quired, the Directors may sell at public uuc
, of the State of North Carolina, and it is I poses; aloiesaid, by the name and style of the j lion, on a previous notice of ten days, for cash, all
la t ely enacted by the authority of the same, That Wilmington & Ch.irloitefCail Road Company,
lor the purpose of ejecting a railroad communi- Sec. 6. '1 h it whenever the sum of five bun
cation between Wilmington and Charlotte by way died thousand dollars shall bo subscribed in man
of Lumberton, Rockingham, Wadesborougb and ner and form aforesaid, the subscribers, iheir
Monroe, the formation of a coroorate coniDanv. i executors, administrators and assies, shall be.
with a capital stock ol two millions ot dollars is
i hereby authorized, to he called " Tin' Wiirning
S ton and Charlotte Railroad Company," and whrii
i formed in compliance with the conditions herein
after prescribed, to hold a corporate existence,
a body politic, for the space of ninety-nine
vears.
Sec. 2. That the said company be and the same
is hereby authorized to construct a Railroad from
! Wilmington or Smilhville, or some point on the
i Wilmington and Manchester R .ilroad in the coun
j ly ol Columbus, or from some point on lheWd-
j mington and Raleigh Railroad in the county of
: New Hanover, as Ihe stockholders may deter
mine, via Lumberton, Rockingham, Wadesbor-
ougii and Monroe, to the town of Charlotte in the
c&unty f Mecklenburg.
Sec. 3. That for the purpose of creating the
capital slock of said company, the folio- iu per-
! sons bn arid they are hereby appointed commis
sioners, viz : Gen. Alexander MeRae, d' Wil
mington ; Alfred Smith, of Whitesv
; Thos. A.
.niriiicii!, oi uumnerinn , jas. r. IjFhk, i kock-
XT t t . T r i en
ingham; Walter R. Leak, of vV'adfsborongh ;
David A. Covington, of Monroe ; and Charles J.
Fx, o! Charlotte. '
Thai it shall be lawfo.
I to open books nf sab
senption in the town
of Wilmington, under ti e
direction Of George Davis, T. C Worth, A. il.
Van Bokken, John C. Latta, Mites Cos tin. Gen.
R. French. J. I!. Planner, Edward Kidder, S. I).
Wallace, A. J. DeRosset, Jr.. John A. Taylor, il
L. Holmes and liobr. II. Cowan, or a maioriiv of
them ; at
vin Uavn
W
nitesvi
untie
r th
e (ijia e'lon of
T. S. Memorv, W, M. Baldwin, Wm.
Frink and I'bomas Smith, era majority ol them ;
at lour i on IT", in Columbus county, under th direc
tion oi Alva Smith, Aui' Smith, John Coley and
N.
,. Williamson, or a m"iritv of tiern: at
Liunbecton, under the direction of John T. Rope
tsuwnrri LW!S, Kntit. rtnci!, Kobt L.. 1 r
Ldmund McQueen, H. F. Pitman and J
M. far-
mi
le
mi , o
uud
a majority nl them ; at Fi nal Col-
r ihe direction ol Archib
-, t t
u.itfi
Malcolm Fure
John Gilchrist, Jr., r7-ii i
N.u.- and William Sellers, or a majority of them:
at Laurinsbuig, .'ti the county of Richmond, nnd. r
rection of Dr. John Mallnry, John Fairley,
John Gilchrist, Jr., David Mclntyre, Dan. McKen
iKut, John i,. Fairley, M. V. MeNair, Duncan
tWeLauriu ond Uov. Thomas Gibson, or anv three
ol them ; at Rockingham, under Ihe direction ol
Walter i Leak, Mial Wall, William H. Cole.
Gen. Allied Dockery, Stephen Cole, Col. John
W. Covington and R. S. McDonald, or any three
of them; at Wndesoorough, under the direction
ol II. V. Hammond, George VV. LitMe, S. IV.
le, I). T. Lilly, P. (J. Smith, J weph White, S.
. Hargrove, pinder Richardson and Joseph Med
y, or ;.ny three of them ; at Etizabe-thtown, un
r the direction of .'no. G. McDugald, Jno. J.
IcMiiian, Jt
o. A. McDtltiguld, Thos. C. Smith
r. ad Diincati Cromartie, o
any tnree ol tnm ; at
in of fluoh Houston,
Wilson, Must s Cuth-
Monroe, und'-r the direct
Sluuuel 11. Walhtip, Hu.d
! bert, Sr., Jno. Me and M. Stewart, or anv three
of them ; at Charlotte, tinder the direction of Wm.
John? n, Jno. A. Young, Jno. Irvin, Leroy Spiings
I and John Walker, or any three of them ; whose
duty :t shall be lo direct the ripening of books for
subscription of slack, nt such times and places,!
uiu! under tho direction oi such persons as ih-v,
. or a rrajoriiy ol 'hem, may deem proper ; and the
se.M commi .- .oners 9
Ii-
ave power lo a ppoint a
coaoinaM oi iiieir aoov. treasurer, ana an o'tier
th
nuicers, anu
sue tor ;.:!.-. n cover all sun.-, o;
m ney t.i;;i ought under tins act
to he recovered
by them.
Sec. 4. Thai ail perrons who arc herein, or
may
ler, appointed lo o
pen I
i"l-K Ol
St. u-
iny,
scription to the capital stock ol smd com
shall open books at sny time after the ratificaiioo
r tliis act ; twenty days previous notice having
en given in one or more ol the newspapers of
this State; and that when said books are opened
they shall be hep; opeu for the space of thirty
days, at lea-.;, and as long thereafter as the com
missioners first above namd shall direct ; that
all subscriptions of stock shall bo in sum-; of fifty
dollars, the subcribers paying at the time of mak
ing such subscription two and a ball dollars on
each shar..' ibey subscribed to the person or. per
sons authorized to receive such subscription, nnd
in case of failure to pay said sum, nil such sub
scriptions shu.ll be void and oi" no effect. And
upon closing iho hooks, all such sums as shall
have been thus received of subscribers on ihe first
cash instalment, shall be paid over to the general
commissioners named in 'the third section nf this
act by the person receiving them, and for failure
there.. I such person or persons shall personal'- be
liable to snid geiiCral commissioners beore tie
organization ol said company, and to the companv
its;-!; after its organization, to be recovered in the
Superior Court oi law of this Sia'e, in the county
where such delinquent resides, or if he reside in
any other St;e, then in ;;;' court in such State
having competent jurisdiction. The said general
commissioners shall hive power to cell on and
require ai! persons empowered to receive subscrip
tions of stock at any lime, and Irom lime to lime
as a m ij irity of them may think proper, to make
a return ofjhe stock bv litem respectively receiv
ed, and to ni ke payim nl of all sums of money
made by t he? subscribers.
Slc. 5. That it shall be the duly of the st: id
general commissioners to direct and authorize the
keeping open of hooks for the subscription of stock
in the manner above described until the sum of any section of said road before the whole thai!
five hundred thousand dollars shall have been ; have been completed'
subscribed to the capital stock of said company ; j Sec. 17. That the said company shall have the
and as soon as tho said sum of five hundred thous- , exclusive right of conveyance or transportation
and d dlars shall have been subscribed, and the ' of persons, goods, merchandize and produce on
first instalment of two and a half dollars per share j said railroad, lo be by them constructed at such
:i said sum shall have been received by the gen- i charges ns may be fixed upon by the Hoard ol
eral commissioners, said company shall be re- Director".
girded ns formed, and the said commissioners, or j Sec. IS. That the Board of Directors may call
n majority of them, shall siljn and seal a duplicate for the p iymnet of the sums sub-cribed as stock
declaration to thai efT ct, wiih the nam's of the in said company in such mstalflffente as the m'er
subscribers appended, and cause one of said du- j ests of ihe company may in their opinion r quire;
plica.es to be deposited in the oflice of ihe Secre- j The cull for each payment shall be published in
ana mey are ni reby, declared to lie incorporateu
intoa company In the name and
I stvle of the
Vviimington & Charlotte Rail Rond Company, ! ol such balance shall be held and taken as due
ard by 'hat name shall be capable in law and at once to said company, and may 6e rr cov
equity of purchasing. holdinn, seUm". leasina and cf d of such stockholders, or his executor, ndmtn-
c- nvovmg st..:,-s, real, u. rsonal and eutxet, and
of acquiring the same by gift or devise, so lar
shall be necessary for" the purposes embraced
utihin the scope, object and intent ol their Char-
ter, and no furl her, and shall have perpetual sue-
cession, and by their corporate name may sue and
be sued, ph ad and be impleaded,
:o
any court ol
law aid equity in the State of North Carolina, and
may nave am) use a common seal, which IBey
t . . i i
shall have power lo alter and remove at pleasure,
and shall have and enjov all other rights and un-
munities vs hieb uther corporate bodies may ai.d of
right to ixereis", and may mike all such by-laws,
rules and regulations as they may deem proper
a nd necessarj to fheir government and the inter-
st ol 'heir company, cot inconsistent with the
Constitutions and laws of this State, and of the
t t C-
, v em-u tan s.
Sec. 7. That notice of process upon the princi
j pal agent of said company, or the president or any
! of the directors thereof, shall be deemed and taken
to be due and lawful notice of service of process
upon the company, so as to bring it before any
court of North Cnrolina.
Sec 8. That so raou as the sum of five hun
dred thousand dollars shall have been subscribed
in manner and form aforesaid, it shall be the dutv
ti the general commissioners appointed in the third
cison oi tins act to appoint a time tor iie siock-
. t
o'ders to meet at Wadesborosgb, in the county
A nson, v. Iiich th
e gnall cause io t.e previously
d tor the space of lour weeks in one or
i
IIIOI i
newspapers as they mav deem proper,
wl
::U lime and place the .--.aid stockholders, in per
nr b proxy, shall proceed to elect ihe directors
!,e companv, and to enact all such regulations
j soi
Oi
I und by laws as may be necessary for the govern-
BK-nt ol ihe corporation anf the transaction of bu-
sinews. The persons elected at this meeting, shall
serve such pei iod, not exceediii" one vear. as the
stockholders may direct, and at this meeting the
i stockhold rs bhall fix upon the day and place or
I pi
aces
, I ('! '
held
the subsequent election of directors
; and such election shrill thenceforth
shall b
he rtnnunlly mad, , hut if the day of election shall
pass off without any election, it shail be lawful to
bnld an lection t:i anv other day in such manner
as shall be prescribed by the by-laws of the cor
poration, Sec. 0. That the affairs of the company shall
be managed and directed by a general board, to
consist ol nine director., to I o (di eted by the
Stockholders, ai their first annual meeting, and at
subsequent annual meetings; each stockholder
shull have as many votes as he has shares in .he
stock of the company, and the election shall be by
ballot : the persons having a majority of the voles
cast shall be considered dulv elected.
Sec. 10. That the President of the companv
... . .. . .
snail oe eieeiea oy tne noard ot directors iroin a
mong their number in such manner as the regula
tions of the company shall prescribe.
Sec. 11. That at the first general meeting of the
stockholder?, a majority of till the shares sub
scr bed fhall he represented in person or bv proxy,
before the meeting shall proceed with business
; and if a sufficient number do not attend, those who j
do a'lena mav aajoum irom lime lo tune until a
majority shall be represented. At this meeting,
ne
stockholders may determine what amount ol
sua;; inereaner ue neces.-jarv to const'. ute
n f
a qiiorirm for the transaction of business in the
regular or occasional meetings of the stockholders
or directors.
Si c. 12. That at all elections and upon all voles
la ben in any general meeting of the stockholders,
each shire of stock shfil te entitled to on
vote,
and any slockho!d r may vote; by proxy, the
proxy br ing a stockholder, and proxies shall be
verified i.i such manner us ihe by-laws of the cor
poration may prescribe. right ol way being surrendered, and the eineht j oec. 31. He tt further e nailed, l hat every ob-
Sec 13. That the genera I commissioners shall : "nd advantage he, she or Ihey may receivo from j strUCl'on lo the safe and free passage of vehicles
make their return of the shares of stock subcrib- : the erection or establishment of the railroad or j on said road or its branches, shall be deemed a
ed for at the first general meetiri" of the stockhol- j work, and shall state particularly the amount and j public nuisance, and may be abated as such by
der, and pay over to the director;? elected at said value of each : ard the excess ol loss nnd damage any officer, agent or servant of said company,
meeting, or iheir authorized agent, nil sums of j over ihe benefit and advantage, shall form the ! and the person earning such obstruction maybe
money received from subscribers, and for failure ! measure of valuation of said land or right of way : j indicted and punished for erecting a public nui
thereof shall he personally liable to said company, i Provided, nevertheless that if any person or per- J sance.
to he recovered at the suit of said company in the sons over whose land snid rood may pass, should I Sin;. 32. Be il further enacted, Thit the said
Superior Court of law in the county where such he dissatisfh d with the valuation of said com- i company shall have the right to take at the store
delinquent or delinquents rr.'ide, or in case of missioners, then, nnd in that case, the person or j house they may establish on, or annex to, their
dea h, from his or the executors or administrators, i persons so dissatisfied may have an uppeal to the j railroad or branches thereof, all goods, wares,
Sue. 14. That the Board of Directors may till ! Superior Court in the county w here the said val- j merchandize and produce intended lor transporta
all vacancies which mav occur in it during the uation has been made, or in either county in which I tern, prescribe the rules of priority, and charge
period for w hich it may have been elected ; and ! the land lies w hen it may lie in mure thin one j and receive such just and reasonable compensation
m ihe absence of the President, may elect a Pre- j county, under the same rules, regulations and re- i for storage as they may by rules establish (which
sideiii j.ro tern, from among their number. I strictions, as in appeals from Judgments of Justices j rates tin y shall cause to be published) or as may
Sec. 15. That all corrtr-icts or agreements an- ' ol the Peace. be fixed by agreement with the owner, which may
ihorized bv the President and Secretary of the ! The proceedings of tho saii3.p'mmissioners, ac- j be distinct from the rates oi transportation : Pro-
. ard ol Dir. c'ors. shall be binding on the com- ' companied with a full description of said land or ; tided, That the said company shall not charge or
pant without b seal, or such mode of authentic.'!- I righi of way, shah be returned under the bands receive storage on goods, wares, merchandize or
lion may be used as the by-laws of the company i and seU of the commissioners to the court from ' produce which may be ! hvered to them ai the
mat prescribe. " which the commission issued, these lo remain a j regular depositories for immediate transportation.
Si c. 16. That the companv shall have power : matter of record. And the lands or rijh' of way, J and which the company may have power to trans
a'ul may proceed to cons' mcl as speedily as pos- ; so valued by the said commissioner, shall vest in j port immediately.
sible a rail road with one or more tracks, to be j the said company so long as the same shall b" ! Sec. U3. Be it fnrtJttr enacted, That the profits
used with steam or ;.. r power, which shall ex- ! used for the purposed of said railroad, so soon as of tho comp iny, or so rr.tic .hereof as the gene
tend from Wilmington, or from some point on the valuation may be paid, or when refused, may ral board may deem advisable, shall, when the
the Wilmington and Manchester Rtil Road, in I have been tendered: Provided, That on applica- affairs of the company will permit, be semi-annu-Columbus
ctunty, by way of Lumberton, Rock- 'ion for the appointment of commissioners under ! ally divided among the stockholders in proportion
ingham and Wadesbofo. taking in all cases the j 'his section, it shall be made to appear to the satis- ; to the stock which each may own.
most feasible and advantageous rou'e to Charlotte, ' faction of the court, that at least ten days previous ; Sec. 34. That the following officers and aer-
in the couutv of Mecklenburg, and thev mav use
the stock subscribed for in said company by such
stockholders, and convey the same to the purchaser
at said sale ; and it the sale of stock do not pro
duce a sum sufficient to pay off the incidental ex
penses of the same, together with the mitre amount
owing ny sucn siock tu rners to loe company no
stock subscribed, then, and in thai cae, the whole
is'raior r.xm ri' igns, ar me sun m sn crTnp.m ,
either bv summtfvv notice in anv court of superior
jurisdiction in the county where the delinquent
i resides, on a previous notice of ten days to said
.subscriber, or by the action of assumpsit in any
court ol competent jurisdiction, or by warrant De-
j fore a Jti-tice o( ihe Peace, when the sum does not
exceed one hundred doHara,i$d in all cases ol
4i- . i l i ,1 i ' i . . .
! sssessmeni ni siock nwnre mv wooib hihuuhi ua
beet) paid to the company, then lor ail sums cue
j on said stock, both the original subscriber and
j the first or subsequent assignees shall be liu be to
j the company, and the salne may be recovered as
above described.
J Site. 19. That the debt of stockholders due the
company for stock therein, either as original pro
1 prietor or as first or subsequent assignee, shall be
I considered as of equal dieniiv wiih indffments in
the distribution of assets ol a deceased stockholder
bv his legal representatives
Sec 20
riiat said companv shall issue certifi-
cates of stock to its members ; and said stock may
be transferred in such manner and form as may
be directed by the by-laws ot the company.
Sec. 21. That the said company may at any
time increase its capital to a sum sufficient lo com-
ph'Je said road, not exceeding three million ol
dollars, either by opening books for new stock, or
II . I . . I I .
oy seinng sucn new suck, or uy uoriowiiij; mo-
ney on llu credit ol the company, and on the
f. - i i . . i
mortgage oi its charter ami works; ond tne man-
i ner in which ihe same shall be done in eitber case
j shall bn prescribed by the stockholders at a general
' meeting.
j Sec. 22. That the Board of Directors shall, at
I least once in every year, make n full report on the
state of the company and its aficirs to a general
! meeting of the stockholders, and opener il re-
quired by the by-laws, and shalj have power lo
call a general meeting of the stockholders when
I 'he Board may deem it expedient; and the corn-
pany may provide in their by-laws for occasional
meetings neing cnico, ana presenile i lie mooo
thereof.
Sec. 23. Thai ihe said company may purchase,
have and bold in fee, or for a term of years, any
land, tenements or hereditaments w hich may be
necessary for said road or the appurtenances thcre-
, Ol , I .1 1
i of, or for the ereciion of depositories, store-houses,
; houses for the officers, servants or agents ol the person or persons shall intrude upon the said road
, company, or for workshops or foundrys to be by any manner ol use thereof, or of l he rioiils nnd
used for said company, or for procuring stone or privileges connected therewith, without the per
other materials necessary to the construction of mission, contrary to the will ol the said company,
j said road, or for effecting transportation thereon, . he, she or they may be indicted for misdemeanor,
j and for no other purposes whatever. I ar d upon conviction, fined and imprisoned by any
Sec. 24. That the company shall have the right,
when neeessary, to conduct the said road across;
! or along any public road or water course; Io-
vided, That the said companv shall not obstruct
1 i i . . .i .
any pniiiic roaa, uitiiotit constructing iiinniiur snail wuiuuy unu maliciously causr, or no or as
i qually good and convenient, nor without making sist, or counsel and udvise any other person or
a draw in nnv bridge of said road which may persons to destroy, or in any manner hurt or
cross a navigable stream sufficient for the passage damege, or obstruct or injure said railroad, or any
of such vesst Is as navigate such stream, which ' brtdgn or vehicle used for or in the transportation
draw shall be opened by the company for th free thereon any water tanks, warehouse, or any other
passage of such vessels as navigate such stream. . property of said company, such person or persons
Sec. 25. That when any lands or riht of way ' so offending shall be liable to be indicted therefor.
j umj uu uruininru oy nio i-uuipuu iui uie jno- '
; pose of constructing their road, anl lor ihe want!
ol agreemenl as to the value Ibereof, or Irom any
Ol
her cause, tho sumo cannot be purchased from
the owner or owners, the same may be taken nt a
valuation to be mad" by five commissioners, or a
majority ol them, to be appointed by any court of
record h iving common Inw jurisdiction in Ihe
ccurity whore some part of lheland or right of
-.it. i . it. -
i way is exienaeo. in malting me said valuation,
the said commissioners shall take into considera-
Hon the loss or damage- which may accrue to the
owner or owners iu consequence of the land or
i to ,f ipo h e 1 1 1 . i iricnl Kt I ru. a rti J iii n t I hi-
-'(.U II-' Lf ai ' ' II J JC'I w piViV VfViriI aw !. SSJV UO v llljo' f m " SU IV1
owner or owners of land so proposed to be con- ' company, be and are hereby exempt fron the per
demned, or if the owner or owners be infants, or j fbrmance of jury and ordinary military duty:
non compos mentis, then to the guardian of such , The President and Treasurer of the Board of Di
owner or owners, if such guardian can be found . rectors, iho Chief and Assistant Engineers, tha
wi'hi.i the county, or if he ctneot be so found. Secretaries and Account ints of the company,
then such appointment shall not be made, unless Keepers of the Depositories Guard stationed on
notice of the application shall have been published ; lbtroad lo protect it rom injury, and such other
at least one month next preceding, in some news- persons as may be working the locomotives, en
paper printed as convenient as may be to the ; giues, and traveling with the cars for the purpose
Court House of the county, and shall have beep of attending the transportation, of goods, produce
posted at the door of the Court House on th" first . aiiri paseeogeM on said road.
day, at least, of tho term of the court fo which ap-j Sec. 35. That tho said road shall be divided
plication is made : Provided, farther, That the 1 into scciions of twenty-five rnuet each, and h ill
valuation provided for in this section shall be
made on oath by th- commissioners aforesaid,
which otith any Justice of the Pence, or clerk of
the County Court ol the county in WTiich the land
or any part iheteol lies, is hereby empowered to
administer. Provided, farther, That the right of
condemnation herein granted shall not authorize
the said company to invade the dwelling house,
yard, garden or burial ground ol any individual
without Ids consent.
Skc. 2t). That the right of said company lo
condemn lands in tu manner described in tho
2G;b Section of this act. shall extend to condemning
ol one hundn d (pet on each side of the main track
pi the road, measuring from the centre of the snme.
"Vmb-FS in case of deep cuts nnd fillings, when said
company shall have the rrht to condemn so much
! in addition thereto as shall be necessary for the
; construction of said road : And the company shall
also have power to condemn any appropriate
lands in like manner for the constructing and
building of depots, shops, warehouses, buildings
! for servants, ag nts and persons employed on said
j t . I . i . . ...... . h, nr
; runu, noi rxceeoing iu utus in uuy uno iui j.
, station.
Sec. 27. That in ih nbsrr.ee of any contract
or contracts in relation lo land through which said
road, or any ol its branches, may pass, signed by
the owner thereof or his agent, or any claimant
or person in possession thereof, which may be
confirmed by the owner thereof, it shall b pre
sumed that the land over which said road or any
of its branches mav be constructed, together with
a space r.f one hundred feet on each side oi il o
centre of said road, has been granted to the said
company by the owner or owners thereof; nnd
the said company shall have yood right and title
thereto, and shall have, hold and enjoy the same
sq long as the same shall he used or the purposes
of said toad, and no longer, unless the person or
persons owning the land at the limn that part of
, the stud road which may bo on said land was
finished, or those claiming under him, her or them.
I II A I"! . ........ I
i snail appiy mr an assessment oi inu vaiu oi iuu
lands as heretofore directed, within two years nrxt
alter that pari of said load which may be on tho
i said land as finished ; and in case tho snid owner
' or owners, or those claiming under him, her or
j them, shall not apply within two years next after
the said part was finished, he, she or they shall
forever be barred from recovering snid land, or
i having nnv assessment or compensation therefor:
i Provided, That nothing herein cor.tiined shull af
feci the rights atfeme coverHOT infants, until two
years afier the removal of respective disabilities.
bKC. 28. I I) it ail lands not heretolor" granted
to any person, nor appropriated by law to the use
of the State, within one hundred feet of the cvntre
of said road which niy be constructed by said
company, shall vest in the eui'd company so soon
the line nf the mad is definitely hud out through
it ; and any grant ol said lund I hereafter shall be
void.
Sec. 29. Be it farther enacttd, That if any
court of competent Jurisdiction,
Sec. hH). Be if further enacted, That if any
person shall wilfully and maliciously destroy, or
in any manner hull Of damage, or obstruct, or
! i ii ii- ii . i i r
unu on e iiiviotion sioui ou nnpriausBU Hn iriuro
lhan twelve mr less than one month, and pay a
i line not leas than twenty nor more than live hun-
; died dollars, at the discretion nf the court before
wh'ch said conviction shall take place ; nnd shall
I be further liable lo pay all expense of repairing
the same ; nnd it shall not he competent for any
person so c lleiiding against the provisions of thif
clause to da end biraseif by pleading or "ivinij in
l'i ....... .
i evidence uiai ne was tne owner, ng"iii or servant
I of the owner of the bind, when such destruction,
damage, injury or obstruction was done, at iho
j time tho same wis done or caused to bo done.
V 'A w I d 1 1 1 . ft i , I T ti r-lll'il run ii'ov mPllf fi Bin!