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IlsS dlSf BSiS " ' 5j '. : Ours arc the plans of fair delightful peace, unirarp'd by party rage, to live like brothers.' VML. XI.. NO. IS. MONDAY, MARCH 4, 1S39. JOSEPH GALES SON, EDITORS AND i PROPRIETORS. TERMS. . SuBRCRiPTiox, three dollars per annum one hal fin advance. Persons residing without the State will he required to pay the whole amount of the year's subscription in' advance.. IU1TES OF tDVEItTISIJira. For every 16 lines (this size type) first insertion one dollar ; each subsequent insertion 25 cents. r.nnrt Orders and Judicial Advertisements will of 33 per cent, will be made from the regular prices, for advertisers by ihe year. GI7 Lkttehs to the Editors must be post-paid. Cjj The article published below, concerning Ihe new and popular doctrine advanced by the illustrious Goelieke of Germany, cannot fail of exciting a deep and thrilling interest through cut, our country. (TR ASSLATKIV FROM THE GERMAN.) LOUIS OFFON GOKLICKE, OF OF.RMiSI, THE GREATEST OF, HUMAN BENEFACTORS. powers of the Matchles Sanative, and who can wonder that there is such an excitement among Physicians? ! Post Office, Kinston, N. Y., July 1, 1838. Dr.Rowland, Sir The effects ofthf German Sanative are great in this place. One woman that was in a deep consumption, and who had been in continued night sweats for 7 months, now considers herself well. She took no other medicine but the Sanative. Another case a man that was taken bleeding at the Lungs till he could not raise himself in his bed, has been restored to perfect health by the Sanaiive. JOHN V. T1LBUUGH, P. M. Citizensof North and South America t To Louis Ofi'on Goelicke, M.D., of Germany, (Kurope) belongs the imperishable honor of adding1 a new and precious doctrine to the Sci ence of Medicine a doctrine which, though vehemently opposed by many of the Faculty, (of which he. is a valuable member,) he proves to be as well founded in truth as any doctrine of Holy Writ a doctrine, upon the verity of which are suspended the lives of millions of our race, and which he boldly challenges his nppo sersto refute, viz: Consumption is a disease al ways occasioned by a disordered state of Vis Vitas or Life Principle of the human body: of ten secretly lurking in the system for years be fore there! s the least cumplaint of the Lungs and, -which may be as certainly, though not so quickly, cured,, as a common cold or a simple headache. An invaluable precious doctrine this, as it imparts an important lesson to the ap parently healthy of both sexes, teaching them that this insidious foe may be an unobserved inmate of their 'clayey houses' even while they imagine themselves secure from its attacks, teaching them that the great secret in the art of preserving health is to pluck out the disease while in the blade, and not wait till the full grown ear. This illustrious bepeFactor of man is also en titled to your unfeigned gratitude, and the grat itude of a world, for the invention of his Match less Sanative whose healing fiat may justly claim fof.it such.a title, since it has so signally triumphed over our great common enemy, Con. sumption, both in the fr'st ar,d last stagesa medicine which has thoroughly filled the vacu um in the Materia Medica, and thereby proved itself the conqueror ;of Physicians a medicine, whose wondrous virtues have been so glowing ly portrayed even by some of our Clergy, in their Pastoral visits to the sick chamber ; by which means they often become the happy in struments of changing despondency into hope, sickness into health, and sadness of friends in to joyfulness. Goelicke's Matchless Sanative, a medicine of, more value to man th:n the vast mines. of Aus tria, or even the united treasures of our globe a medicine, which is obtained equally from the vegetable, animal and mineral kingdoms, and thus possesses a three-fold power a medicine, which, though designed as a remedy for Con sumption sok-ly, is possessed of a mysterious in fluence over many diseases of the human sys tem a medicine, which begins to be valued by Physicians, who are daily witnessing its aston ishing cures of many whom they had resigned to the grap of the Insatiable Grave. . POSK of the Sanative, for adults, one drop ; for children, a half drop; and for infants, a quar ter drop the directions explaining the manner ' of taking a half or a quarter drop. , PRICE Three and one-third rix dolV ($2$) per halt ounce. Post Omce.Weedsport.N. Y., July 4, 1838. Dear Sir On the arrival of the Sanative, 1 sold two phials to persons who were considered beyond any assistance from Ph'ysiciaos. One, a merchant of our village, who w as about quit ting business in consequence of his health. Shortly after he commenced taking the Sana tive, he began to recover, and he has now gone to New York after more goods to renew his busi ness. The other a woman who for eight months had not left her bed in six days she rode two miles and buck again, and is gaining astonish ingly. A. L. SMITH, P. M. Post OSice, Charlotte, N. C. June 15, 1838. Sir I have sold all the Sanatiye and want twopackages more immediately. It has per formed a remarkable cure of Palpitation of the Heart, and the individual says it is the best medicine ever offered to the American people although the Doctors are trying to put it down. H. B. WILLIAMS, P. M. Post Office, North Eaton, Ohio, July 2, 1838. Sir I am entirely out of the Matchless Sana tive and have hourly calls for it many from a distance of 20 or 30 miles in which cases peo ple are much disappointed in not being able to obtain it. They seem willing to give any price for it, and I could have sold the past week more than one hundred dollars' worth of it, had it been on hand. It is truly a gret Medicine many; in this viciuitv are fist recovering from the con sumption by the use of it. b. c WILMOT, P. M. A German coin, value 75 cents. A certificate from three members of the Medi cal Profession in Germany, in Europe. We, the undersigned, practitioners of medi cine in termany, are well aware that, by our course, we may forfeit the friendship of some of the racuity.but not us benevolent member,who are uninfluenced by selfish motives. Though we shall retrain from an expression of our opin ion, either of the soundness or unsoundness of Dr. Goelicke's new doctrine, we are happy to sav tht we deem his Sanative too valuable not to be generally known for what our eyes be hold and our ears hear, we must believe. We hereby state, that when Dr. Louis OPTon Goelicke first came before the German public, as the pretended d'scoven r of .a new doctrine and a new medicine, we held him in the high est contempt, belieying and openly pronouncing him to be a base impostor and the Prince of Quacks. But, on; hearing so much said about the Sanative, against it and for it, we were in duced, from motives of curiosity merely, to make trial of its reputed virtues upon a number of our most hopeless patients , and we now deem it our bounden duty (even at the expense of our self interest) publicly to acknowledge its efficacy in curing not only consumption, but o ther fVarful maladies, which we have heretofore believed to be incurahle. Our contempt for the discoverer of this medicine was at once swal lowed up in our utter astonishment at these un expected results; apd,as amends6r our abuse of him, we do frankly confess to the world, that we believe him a philanthropist, who does hon or to the profession, and to our country, which gave him b'uth. . - , The recent adoption of this medicine into some of our European hospitals is a sufficient guaranty that it performs all it promises. It needed hot our testimony, for. wherever it is used, It . is its own witness. HERMAN ETMULLKlt, M. D. WALTER VAN GAULT. M. D. ADOLPIIUS WERNER, M. D. Germany, December 10, 1 836. Post Office, Monrovia, Fred. Co. Md.t " May 22, 1838. S Dear Sir I sold a bottle of the Sanative to a Mr. James Hartley about a month since, and saw him lately, when he told me that he had been for sometime in a confirmed Consumption, and that the very first drop of the Sanative he took he felt in his finger' en&s,snd tht it made lim sick for several days but thanks to Provi dence he said, he was nearly well. He says the Matchless Sanative is a providential discov ery for the good of the human family. JACOB CUOJNISE, P. M. Post Office, Westfield, Fairfield Co. Conn July 9, 1838. Sir A young man here from Troy in the State of N. York, who was considered by every one to be in a confirmed consumption, has been taking the Sanative, and is recovering fast. II. SHEPAKU, r. 31. P. O. East Evans, Erie Co., N. Y July 15, 1838. Sir The man who had the first phial of the Sanative was so low that it was thought he could not live a week but he is now able to ride out every day and is gaining fast. One of our Physicians has bought a bottle for his wife who is.now in a consumption. NATHANIEL LAY, P. M. P. O- Rockvil'e, Montgomery Cn., Md., June 23, 1838. Dear Sir The Sanative you sent me is all sold and 1 wish you to send me two or three packages as soon as possible, to the care of S. E. Scott, Georgetown, U. C. There is a pros pect of selling it fast in this county, as its great value begins to be appreciated by the commu nity. About the hrst ot last month. 1 ola a phial to a Mr. Offert for his son, a young man who had been Consumptive for six months, and who had been pronounced by his attending physician as incurable. At the end of the sec ond week after taking the Sanative, he was able to ride about his father s farm and is now well. SAMUEL C. VEIRS, P. M. Post Office, Masontown, Pa., Aug. 2,1838 Dear Sir There is one man m this town, who has been confined to his bed seven months, and doctored all the time without any lasting effect. His complaint the doctois called the Asthma, and as they could nojt help him, he commenced taking the Matchless Sanative, and he is now walking about, and savs he is ------ - - nearly well. The medicine has had a good ef fect on three or four who were wasting away with the same disease. Mv mother has been for more than ten years laboring under the Asthma and could not get one good night's sleep in a month she now sleeps well, and thinks she shall recover. E. LONGHEAD, P. M. Post Office, Johnston, Ohio, July 27, 1838 Sir- There is a woman in this place who was in a Consumption and growing worse daily she has been taking the Sanative and is almost well. The medicine begins ts sell more rapid ly as it becomes more known. L. H.DURKE, P. M CTj The above invaluable Medicine is offer ed for sale by the Subscriber, at his Store, 10 miles South East of Raleigh. JOHNSTON BUSBEE. February 8, 1839. 15 PETER'S JPIJL Jj S THE unparalleled reputation which Peters' Pills have acquired as a Medical Restorative is the most unquestionable p roof that can be given.of their immfeihsQimportance to th afflict ed, in almost every class of diseases. The num ber of letters received from Patients recovered through their means, is really prodigious, and the complaints which they have cured are al most as varied as they are numerous. But still there are some in which they are more espe cially beneficial than in others; and among those may be named thejtoo often fatal complaints of the stomach and bowels, uch as Cholic, Flatu lence and Indigestion, for which they are not only a certain, but an immediate cure. It is well known that from the disarrangement of the stomach and bowels, arise nine-tenths' nf all th maladies of adult and declining !ifV . I that this is the foundation flatulency, spasmodic pains, indigestion, loss of appetite, sfc. and that those in their turn give birth to Dropsy, Liver Complaint, Consumption and habitual lowness of spirits; therefore Peters' Pills being the very best medicine which has ever been discovered for the insipient diseases of the intesf ines, are necessarily the surest preventatives of those dreadful, and also general disorders which em bitter mature life and drag so many millions to untimely graves. In speaking thus, Dr. Peters arrogates noth ing to himsel! that has not been conceded by the public. He is no needy quack or unknown spe culator, who comes before -the world as his own herald and witness ; but is pFaced in a responsi bility of situation by the patronage which he has enjoyed for years, and which is increasing to an extent unprecedented in the annals of medicine, that makes him c ireful to assert noth ing which is not borne out by the most infallible proofs and hence he does not fear to be put to the test in any thing which he has promised re specting his Pills. r- Dr., Peters is most happy to be able to state on the authority of a great number of regular Physicians, that wherever his vegetable Pills have been introduced, they have almost super ceded the adoption of mercurial experiments for their peculiar faculty in sweetening the blood, and stimulating it to expel all noxious juices, and in giving strength and tone to the nerves, prevents disease from acquiring that strength which must be got under, if at all, by dangerous remedies. Prepared by JOS. PRIESTLY PETERS, M. D. No. 129. Liberty street, New York. Each box contains 40 Pills. Price 50 cents. q3 Be careful and enquire for Peters' Vege- able Pills. They are for sale in R deigh, at the Drug Store of WILLIAMS Ec HAYWOOD. Sept. 17, 1838. 40 6m (BY AUTHORITY.) PUBLIC ACTS or THK 8ffi&.SP3E '8)W ST3BIlI'CAmC2)ILinSS,iia PASSED BY THE GENERAL ASSEMBLY, AT THEIR SESSION WHICH COMMENCED ON MONDAY THE NINETEENTH OF NOVEMBER, ONE THOUSAND EIGHT HUNDRED AND THIRTY EIGHT, AND ENDED ON TUESDAY THE EIGHTH OF JANUARY, ONE THOUSAND EIGHT HUNDRED AND THIRTY;NINE. After reading the above and thefollowing 'extracts' from a few of the several thousand letters addresssd to Dr. Rowland, by responsible Postmasters, to whom any person can easily write, who can for a moment doubt the mighty MR. & MRS. HARDEN'S SCHOOL. At Kelvin, near Pitlsborough, JV. C. IS limited to 20 or 25 young Ladies, of whom 8 or 10 will be received into their family. The terms are,fer those who board in the family $80 per session, lhis charge includes Board Tuition, &c. except Music and Drawing. Tu ition for day Scholars, $20 per session. Music $22,50. Use of Piano, $2,50. Drawing and Painting $10. I he course ot instruction in eludes all the branches usually taught in Fe male Academies. The object in limiting the number of pupil is to give that particular attention to them which cannot be so well afforded when the number is large. The present session will close on the 27th o April, and the next will commence on the 1 st of June and close on the 27th of October. Thus making the vacations fall in the months of May and November. February 15, 1839. 17 tf QUACKS AND THEIR DESTRUCT IVE NOSTRUMS. FjlHE united testimony of Physicians, through JL out the United States, has fully proved the fact that Petcrs's Vegetable Pills are the only rue vegetable Puis, which will stand the test ot Analizalion hence the proprietor would most earnestly urge them to the notice of those who have been in the habit ot using as Cathartics or Qhericnts. the destructive and irritating Quack Pills, so generally advertised, and which are at best but slow customers ot the vital functions nd murderous agents, even to the most hale. It is true, most ot them produce a purgative ef- ect, and sometimes transient relief, but in most cases they injure the digestive organs, and an habttua resort to tnem must terminaie in con firmed dyspepsia. is true, ihatfJatharlic and Aperient Medi cines are otten required, but tne nicest uis crimination should always 6e observed in the selection, and if this be done nothing injurious can result from their use. To produce this much desired result, Dr. Pe ters has made it his study for several years, and feels proud to say he has at length succeeded, far beyond his expectations. The object of his Pills are to supersede the necessity ot a fre quent recourse to injurious purgative?, and to offer a medicine safe, certain, and pleasant in its operation. Prepared by JOS. PRIESTLY PETERS, M. D. No. 129 Liberty street, NewYoik. Each box contains 40 Pills. Price 50 cents. , q3" Be careful and enquire for Peters' Vege able Pills. They are for sale in Raleigh, at he Drug Store of WILLIAMS 8t HAYWOOD MOfiiUS MfJL.TICAUL.IS. THE Subscribers have just received a large supply of TREES and CUTTINGS of the Moncs Mclticaulis rai-ed in the State of Geor gia. They are pronounced by gentlemen en gaged in the cultivation of this valuable tree to be a genuine article, of excellent quality, fully matured and in a perfect state of preservation. Prices at present, 20 cents per foot for the main stem and toot, and 3 cents per bud for cuttings. Cjr Gentlemen who have made engagements with C. C. Battle, Esq. will be supplied by applying to E. 13. Fkeemis or to W. & A. STITII. Feb. 25th, 1839. tf. 17. Cj3 Standard 3 times. ""not ice. THE Subscriber, having qualified as Executor at February Sessions A. D. 1839,ol Wake Coun ty Court, of the last Will and Testamentof William Franklin, deceased, all those indebted to the said Estate ate requested to settle the same without de lay, and those having claims againt the deceased will present their claims, within the time prescribed by law, properly authenticated, or this notice will be plead in bar of their recovery. W'lLLIE POPE, Executor. Feb. 25, 1839. 17 SHERIFF'S SALE. CHAPTER XXII. AN ACT to prevent free persons from gambling with Slaves. Be it enacted by the General Assembly of the State of North Carolina, and it is hereby enacted by the autJiority of the same, That it shall not be lawful for any white person to play with any Slave or Slaves at any game of Cards, or at any game of hazard or chance, for any money, liquor, or any kind of pro perty, whether the same be staked or not ; and any white person so offending, shall be subject to indictment, and, on conviction, shall be fined or imprisoned, at the discretion of the Court : Provided, such imprisonment shall not exceed six months. . Ratified 7th January, 1839. CHAPTER XXIII. AN ACT to amend the fifty-eighth Chapter of the Revised Statutes, entitled " Insolvent Debtors." Be it enacted by the General Assembly of the State of North Carolina, and it is hereby enacted by the authority of the same, That if any person shall be convicted in any Court of Record in this State, of any crime or misdemeanor, and shall be in execution for the fine and costs of prosecution, and shall have remained in prison for the space of twenty days, it shall be lawful for the person so in execution to be discharged from imprisonment, under the same rules and regulations as are prescribed for the discharge of debtors in execution, by the first and fourth sections of said Act : Provided, That nothing herein contained shall be so construed as to release any per son from imprisonment, who shall be in prison for any defi nite length of time, under sentence of any Court. Ratified 8th January, 1339. CHAPTER XXIV. AN ACT prohibiting Marriages between free persons of color and white persons. Be it enacted by the General Assembly of the State of North-Carolina, and it is" hereby enacted by the authority of the same, That it shall not be lawful for any free negro or free person of color to marry a white person ; and an marriage, hereafter solemnized or contracted between any free negro or free person of color and a white person, shall be null and void. fRatified 8th January, 1839. CHAPTER XXV. AN ACT to amend an Act, entitled 'fan Act for the relief of such persons as have been disabled by wounds, or rendered incapable of procuring for themselves and families, subsistence in the Militia Service of this State, and providing for the Widows and Orphans of such as have died." Beit enacted by the General Assembly of the State of North Carolina, and it is hereby enacted by the authority of the same, That so much of the above recited Act as requires the certi ficate of the County Court to be countersigned by the Speak ers of the General Assembly, shall be, and the same is here by repealed, so far as to enable Pensioners to receiye their Pensions every year, when there is no Session of the Gene ral Assembly, and during such years, the certificates shall be countersigned by the Governor. Ratified 3d January, 1839. CHAPTER XXVI. AN ACT to amend an Act passed on the 'seventh day of January, one thousand eight hundred and thirty- seven, entitled " An Act concerning the Public Printing of the State." Be it enacted by the General Assembly of the State of North Carolina, and it is hereby enacted by the authority of the same, That the Secretary of State, in letting out the Public Print ing of the State under the above recited Act, shall not agree to give to any one with whom 'he may contract, any higher sums than the following, viz : For printing, folding and stitch ing the Acts and Resolutions of the General Assembly, four dollars per printed octavo page, for all the pages contained in a single number or series of the work : for printing, fold ing and stitching the Journals of the two Houses of Assem bly, the sum of one dollar and fifty cents per printed octavo page for all the pages contained in a single number of the work : for all printing ordered by either or both Houses of the General Assembly, other than the Acts and Resolutions and Journals, one dollar and fifty cents per printed octavo page for all the pages contained in a single number of the vyork : Provided, that the number of copies does not exceed two hundred, and when the number ordered does exceed two hundred, he shall receive twelve and a half per cent, on the cost of the first two hundred, for every additional hundred. II. And be it further enacted, That whenever the per son employed to do the printing of the two Houses of the General Assembly, shall fail to do the same as required, it shall and may be lawful to employ other persons to do the same, the cost of which shall be deducted from the compen sation which such person would be otherwise entitled to. Ratified 7th January, 1839. of said Company, the said Board of Internal Improvement shall be, and they are hereby authorized and required to subscribe, on behalf of the State, for stock of said Company, to the amount of three-fifths of the one mil lion two hundred and fifty thousand dollars, the capital stock of said Company, and the said subscription shall be paid in the following manner, to-wit: the one-fourth part as soon as the said Company shall commence work, and one fourth thereof every six months thereafter, until the whole subscription in behalf of the State shall be paid: Provided, the Treasurer and President of said Company shall, before they receive the aforesaidanstalments, satisfactorily assure the said Board of Internal Improvement, by the certificates un der the seal of said Company, that an equal proportion of the private subscription has been paid in, in equal proportion to the stock subscribed by the State. II. Be it further enacted, That in the payment of the foregoing instalments, the said Board shall be, and arc here-' by authorised and directed to apply in the first instance, all the Cherokee Bonds now owned and held by the State, and after they are exhausted, then apply the money arising frotn the fourth quarter of the Surplus Revenue of the General Government, provided it is paid in time. 1 III. Be it further enacted, That if in case the fourth quar ter of the Surplus Revenue as aforesaid be not paid in time, then, and in that-event, the Board of Internal Improvement aforesaid, shall, and they are hereby authorised and empow ered to borrow on the credit of the State, not exceeding five hundred thousand dollars, to carry on and pay the foregoing instalments. IV. Be it further enacted, That if in case it shall become necessary to borrow the money aforesaid, the Treasurer of the State shall issue the necessary certificates, binding and pledging the State for the payment of the said sum, which said certificates shall be undfl the control, and regulated by the said Board of Internal Improvement. r- V. Be it further enacted, That the State shall appoint tle number of Directors in said Company in proportion to the stock subscribed, who . shall be appointed by the Go vernor, by and with the advice and consent of his Council, and removed in like manner. VI. And be it further enacted, That the Board of In ternal Improvement be required to procure by some Engi neer of high distinction, a report upon the practicability and probable cost of opening a communication .between Al bemarle Sound, and the ocean at Nagshead. Ratified 4th of January, 1S39. 1 SHALL expose to sale at Public Auction, at the Court House in Rockingham, on the third Monday of April next, so much of each of the fol lowing Tracts of unlisted Land as will be sufficient to satisfy the Taxes duo thereon for the years 1836 and '37, together with costs and charges for adver tising, viz: One tract of 33 acres, known as the Heirs of John Mclnis, deceased, lying on the wa ters of Naked Creek, adjoining Mclnis and others. Tax, - - - $00, 1 7 60 Acres adjoining Samuel Snead and o thers belonging to Jesse Wallace, deceased, lying on the Beaver dam. Tax, - - - $00,10, SAML. TERRY, Sh'rT. R ichmond co., Feb. 16, 1839. 17 Pr. Adv. $3,50. CHAPTER XXVII. AN ACT to amend an Act entitled an Act to incorporate the Fayetteville and Western Rail Road Company. Be it enacted by the General Assembly of the State of North Carolina, and it is hereby enacted by the authority of the same, That whenever it shall appear to the Board of Internal Im provement of this State, by a certificate under the seal of said Company, signed by their Treasurer, and countersigned by their President, that two-fifths part of one million two hundred and fifty thousand dollars of the stock of the Fay etteville and Western Rail Road Company have been sub scribed for and taken, and that at least one-fourth of said stock has been actually paid into the handsrof said Treasurer CHAPTER XXVIII. AN ACT supplemental to an Act passed at the present ses sion of the General Assembly, entitled "An Act to amend an. Act entitled an Act incorporating the Fayette ville and Western Rail Road Company." Whereas, by the original charter and the amendments thereto, no provision is made for giving the State a right to vote in the meetings of the Stockholders of the Fayette ville and Western Rail Road Company, in proportion to her stock, and the above recited Act directs a subscription of three-fifths of the stock in said company, without giving her a proportiqnate vote in said Cofiipany meetings; therefore Be it enacted by the General Assembly cfj he State, of North Carolina, and it is hereby enacted by the authori ty of the same, That at all meetings of the stockholders of the Fayetteville and Western Rail Road Company, the rep resentative of the State at said meetings, shall vote in pro portion to the Stock, held and owned fijy North Carolina, ex cept in the election of Directors, of whom the State is alrea dy authorized to appoint her proportion, and the Governor may, from time to time, appoint the agent, who shall repre sent the State in said meetings. II. Be it further enacted, That the State of North Car olina shall have full power and authority by an agent or a gents appointed by the Legislature, at all times to exam ine the books and operations of said Company, and the Gen eral Assembly may, by law, provide at their pleasure, for a more strict accountability of the officers of the Company to the State, as may .hereafter be found necessary to the public convenience and security. III. Be it further enacted, That books shall be opened for subscriptions of individuals and others, in said Company, under such rules, at such places and times, and by such per sons, as the Board of Internal Improvement or the said Com pany'shall direct, and the persons subscribing shall be bound to pay for their stqck as provided by the charter, and they shall stipulate- in their subscriptions. IV. And whereas, It may be found upon the estimates and surveys of said Road, that the Road can bekjonstructed for a less sum than one million two hundred and fifty thousand dollars, and it was the true intention of the above first recited Act, to subscribe for the State only three-fifths of such a sum as it shall be estimated the construction of the Road from a point on the Cape Fear River near Fayetteville, to the point on the Yadkin River, will cost, provided individuals sub scribe the other two-fifths of said latter sum : therefore Be it enacted by the General Assembly of the State of North Carolina, and it is hereby enacted by the authori ty of the same, That if the Board of Internal Improvements shall be satisfied that the said Rail Road can be constructed for a less sum than one million two hundred and fifty thousand dollars, it shall be their duty to subscribe for the State in the stock of said Company, three-fifths of said estimate, and no more : Provided,, always, however, that individual shall have subscribed before hand, the other two-fifths of said es timate, subject to all the other conditions, restrictions and limitations in the said first recited Act, any thing in the said first recited Act of the present session to the contrary not withstanding. V. And whereas, By the above recited Act, it is directed that the sum necessary to pay the subscription of the State to the stock in said company in certain cases,shall be borrowed uponthe public credit,but the manner of dividing itis not point ed out in such way as to promote competition for said loan, and to secure a full price therefor, and so as to prevent "doubts, and consequently, a sacrifice of the scrip or certificate of the State therefor, - Be it further enacted, That if it -shall become necessary to make a loan for the purpose of paying the State's subscrip tion, or any part thereof to said Company, : it shall be the du ty of the Treasurer to issue certificates bearing interest, not exceeding six per centum per annum, payable semi-annually, ;i
The Weekly Raleigh Register (Raleigh, N.C.)
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March 4, 1839, edition 1
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