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1857 Vol. 1 -- Page: 83
Sequential Number: 055
Law Number: (No. 55.)
Full Title: An Act to incorporate the Vigilant Hose Company, the Milledgeville Telegraph Company, the Sparta Telegraph Company, the Warrenton Telegraph Company, and to extend certain privileges to Young America Fire Company, Number Three.
[59. Sec. IV. And be it further enacted, That R. M. Orme & Son, Boughton, Nisbet & Barnes, E. Waitzfelder & Company, E. D. Brown, Fair & Edwards, Daniel R. Tucker, Samuel G. White, S. & R. A. McCombs, D. B. Stetson, Compton & Callaway, Samuel T. Beecher, George L. Deming, John Treanor and Scott & Caraker, or so many of the above named persons as may become Stockholders in the Company hereafter designated, together with such others not herein named, as may hereafter subscribe for stock in said Company, be, and the same are hereby constituted a body corporate by the name and style of the Milledgeville Telegraph Company, for the purpose of constructing, erecting and maintaining a Telegraphic line from the city of Macon to the city of Milledgeville, in this State, and from Milledgeville via. Sparta and Warrenton to Augusta, in this State, or any part of the Telegraphic line aforesaid, as a majority of the Stockholders may direct. The corporation hereby constituted shall have power to sue, and may be sued, to plead and be impleaded, to answer and be answered unto, to defend and be defended in any suit, action or proceeding in any Court of Law or Equity in this State, having competent jurisdiction; to make and use a common Seal, and the same to alter at pleasure; to purchase and hold such real and personal estate as the lawful purposes of the corporation may require, and the same to sell, convey and dispose of when no longer required; to elect the officers necessary for the government of said Company, and to appoint agents to conduct and carry on its business; and a majority of said Stockholders may make such rules and regulations for the government of the Company as they deem proper and expedient, and may at any time act on any matter touching the interest of said Company. Provided, said majority shall own more than one-half of the stock subscribed. Any three of the corporators herein named may open books of subscription for the purposes aforesaid, fixing the value of each share at an amount not exceeding one hundred dollars, and may call together the Stockholders for regular organization whenever, in their opinion, the amount of subscription will authorize. In the construction and erection of said Telegraphic line, or so much thereof as may be determined on, the aforesaid corporation shall have all the powers and privileges granted to the Madison and Gordon Magnetic Telegraph Company by an Act approved February 18th, 1854.
60. Sec. V. Be it further enacted, That T. H. Turner, Linton Stephens, E. H. Pendleton, B. Harris, T. J. Little and S. J. Smith, or so many of the above named as may become Stockholders, together with such persons not herein named as may subscribe for stock in the Company, hereinafter specified are hereby declared a body corporate by the name and style of the Sparta Telegraph Company, for the purpose of erecting and maintaining a telegraphic line from the city of Milledgeville to Sparta, in this State, with all the rights, powers and privileges hereinbefore granted to the Milledgeville Telegraph Company.
61. Sec. VI. And be it further enacted, That Marshall J. Welborn, Jesse M. Roberts, John L. Buckhalter, George V. Neal, William B. Hundley, James M. Cody, Edward D. Pottle and Thomas Hundley, or so many of the aforenamed as may become Stockholders, together with such persons not herein named as may become Stockholders, are hereby declared to be a body corporate by the name and style of the Warrenton Telegraph Company, for the purpose of erecting and maintaining a Telegraphic line from Sparta to Warrenton, in this State, with all the rights, powers, privileges and liabilities herein granted to the Milledgeville Telegraph Company.
63. Sec. VIII. (Repeals conflicting laws.)

Approval Date: Approved December 17th, 1857.
 
 




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