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LAWS OF NORTH CAROLINA, < Alii. •""' •! <•• '/'(«<'«/, Tiiat tiie tolls demanded upon srad roa?! and forry shall be under the exclusive jurisdiction of tao company. XIV. .liulheit fitrthcr enadeiU Tljatthe^aid road shall be op;.'.ned and 1. in the fullowin;:; manner, to wit: beginninj^ at the place known by the naiueof the Sand Bar. iu Bertie county, on tlie Roanoke, opposite Wil-liamston Landing, Avheni Henry Sladc's Fishery now is, or near it. and rmmins; straij^hl, ornearly so, to the nearest high land in Cashie Neck. XY.v^aJ it is further enacted. That there be established at the begin-ning of said road, on the said river, a ferry for the beneht of said compa-ny, under the samtMiilcs an<l rot!;ulations ai said road; and that the fer-ria< re and toll thereof be rejulated by said company. XVL Aid be it enac'ed. That tliis act commence and be in force from I after the rise of tliis Legislature. '^'TT. ,^nd hr ' fr:-fhrr enacted. That this act siicJl be in force sixty CHAPTER LVI ^ actto cnntt, wUh sutnliy ,'iiLerations Hnd a'ltlltinns, an act, entillci! "an act to incorpoi-atc llii-Vctcr^bur^ Kail lload Company," passed by the Legislature of Virginia on the tenth (l;iy i-'ebniary, o:i-,t!ious;>n<l ci.u;lil liuiiilied :*;iu thiriy. Vh('re:iv it is ronifsonted that the Gfueral Asi^emb'y of tlie Common- Wxubh of Vi!--ji;ini;i huh passed ;;n acf, entitled '' an act to incorporate the "f*e?e,rsbura; Rail Roa<! Comp^tov," in the wtud-. foliouiDo;, to wit: - " 1. f}C if niucted hy the General .'Assembly. That it shall he lawful to open books io the town of Peter-iburo:, 2nd at siu h other pb.re or places 'KS a majority of the commissioners hereinafter named shall think fit, un<ler Ulvji (liir'ctiori of Robert Bo-tln<;, John B Wdrcx William C. Boswell, Jo-seph B-oy;;:. Dorald M'Kcnz'e Litth-bcrry E Srainback, S;imuol Mordecai, H.irtweli P. Heath, William !I .VPFarland and James vS. Brander, or any liv,' of them, for iiie p'lrpo.e pf receiving subscriptions to the amount of four hundred thousand doihns in shares of one iiuadred dnilars each, to consti-tute •< j'>irit c;ipit:d stock fo;- the purpiso of making a Rail Road from some point within the corporation of Petersburg to some convenient point on the North Carolina line, to be selccU'd by th ' company hereby incorporated; (he time and place of receiving subsciipfi'» r- as aforesaid shall be advertised in one or more of tlie newspapers published in the town of Petersburg; and the lidvks Hir receiving the same shall not be chtsed in less than ten tlays: and if it shall appear that more than four tlumsiuid shares of tiiecapitr.l stock afortxaid shall have been subscribed for widiio the snid ten days, it shall be the «luty of the said commissioners, or any live of them, to rcduc'e the num-ber of shares subscribed for among thf» subscribers, in fair and equal propor-tions, to the amount ofstuck subscribed for respectively by each, until the whole amount of shares shall be reduced to four thousand; but if the whole number of shares shaiinot be subscribed for widiin ten days from tiie time the bodks shall be opened to receive subscriptions, then the books may be c!os.'<l or continued open, as a majnriiy of the above iiamed con^.missioners may jiid^re to be most beneficial, unii! the whole number of shares shali be subscribed for. " -2. When two tiiousand shares shall be subscribed in manner aforesaid, the sub>;cribers, their executors, adnunistrators or assigns, shall be, and ^hc^ are hereby declared to be incorporated into a compaJiy, by the name and style of the " Petersbu'u Rail Ruad Company," and in that name mav sue »nd be sued, plead and be impleaded; and sh«II possess and enjoy all the
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Title | Page 49 |
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LAWS OF NORTH CAROLINA, <
Alii. •""' •! <•• '/'(«<'«/, Tiiat tiie tolls demanded upon srad roa?!
and forry shall be under the exclusive jurisdiction of tao company.
XIV. .liulheit fitrthcr enadeiU Tljatthe^aid road shall be op;.'.ned and
1. in the fullowin;:; manner, to wit: beginninj^ at the place known by the
naiueof the Sand Bar. iu Bertie county, on tlie Roanoke, opposite Wil-liamston
Landing, Avheni Henry Sladc's Fishery now is, or near it. and
rmmins; straij^hl, ornearly so, to the nearest high land in Cashie Neck.
XY.v^aJ it is further enacted. That there be established at the begin-ning
of said road, on the said river, a ferry for the beneht of said compa-ny,
under the samtMiilcs an |