and Woolen facturing, Grist and Saw mills, now erected on the Oconee river in said county. SEC. 2. And be it further enacted by the authority aforesaid, That said corporate body shall be capable and liable in law to sue and be sued, plead and be impleaded, to use a common seal, and the same to alter and change at pleasure, to buy and sell, to have and to hold property, both real and personal, sufficient only for the purpose of the provisions of this act, with power to appoint such officers, and to pass, alter and repeal, at such times as they may think proper, such bye-laws and regulations for the government and interest of such corporation, as they may think most conducive to the welfare of such corporation: Provided, such bye-laws and regulations be not repugnant to the constitution and laws of the State, or of the United States. SEC. 3. And be it further enacted by the authority aforesaid, That each and every member of said corporate body may sell and convey their interest in the property of said corporation, both real and personal, under such regulations and rules as may be adopted by said corporation, and upon the death of any of the members of the same, their interest in said corporate property, shall pass to the legal heirs of said members, and that such legal heirs or purchasers shall have the same powers and privileges as are hereby conveyed to the above named individuals: and said corporation shall exist and exercise the foregoing powers and privileges for the term of thirty years. SEC. 4. Be it further enacted by the authority aforesaid, That all laws and parts of laws militating against this act, be, and the same are hereby repealed. JOSEPH DAY, Speaker of the House of Representatives. ROBERT M. ECHOLS, President of the Senate. Assented to, December 10th, 1839. CHARLES J. McDONALD, Governor AN ACT to incorporate the Augusta Sugar Manufacturing Company. SECTION 1. Be it enacted by the Senate and House of Rep resentatives of the State of Georgia, in General Assembly met, and it is hereby enacted by the authority of the same, That J. K. Kilbirn, William Jones, William Gordon, John Am bler, John W. Dan, and such other persons as are, or hereafter may be associated with them, under regulations to be prescribed by a majority of the Directors for the time being, and their successors and assigns be, and they are hereby constituted a body politic and corporate, to be located in the county of Richmond, with the liberty of establishing branches in different parts of the State, as their interest may require, for the purpose of raising the Beet, and manufacturing Sugar from the same, and for purifying and manufacturing Sugar in its various branches. And by the same name, they and their assigns shall have power as, and continue a body politic and corporate, and be capable in law of suing and being sued, pleading and being impleaded, answering and being answered unto, in all courts of Justice, or any other place whatsoever; to make and use a common seal, and the same to alter and renew at pleasure; and they and their successors and assigns in their corporate name shall be capable to acquire, purchase, secure, have, hold and enjoy, and dispose of, and convey any lands, tenements, hereditaments, goods and chattels, or other property of what kind soever, requisite for carrying on the branches of business above-mentioned. SEC. 2. And be it further enacted, That the stock property concerns of said company shall be managed and conducted by such number of Directors, not less than three, being stockholders, as shall be fixed by the bye-laws of said company, one of whom shall be President, who shall hold the office one year, and until the others are elected, and that said Directors shall be elected annually, and at such time and place as may be directed by the bye-laws of said company, and public notice shall be given of the time and place of holding every such election, not less than ten days previous, in one or more newspapers, printed nearest the place where such election shall be held, by such stockholders as may attend for that purpose, either in person or by proxy, and their election shall be by ballot, and each stockholder shall be entitled to one vote for each share of stock he may hold, and the persons having the greatest number of votes shall be elected, and the said Directors as soon as may be after their election, shall proceed to elect by ballot in like manner, one out of their number to be President, and shall at the same time elect a Secretary and Treasurer for the company; and if any vacancy at any time shall happen by death or otherwise, among the Directors or officers, the directors for the time being, or a majority of them, shall fill such vacancies, until the next succeeding election. SEC. 3. And be it further enacted, That three or more of the corporation shall form a Board to manage the concerns as Directors of the company, until an election takes place. SEC. 4. And be it further enacted, That the capital stock of said company may be increased from time to time, so that it does not exceed four hundred and fifty thousand dollars, with the privilege of increasing the capital stock over and above the said amount, thirty thousand dollars, for each branch that may be created, to be divided into such shares, disposed of in that manner, and applied in such way that will in the opinion of the directors most promote the interest of said company. SEC. 5. And be it further enacted, That the stock of said company, shall be deemed personal estate, and shall be transferrable in such manner as may be prescribed by the bye-laws of the company. SEC. 6. And be it further enacted, That a majority of the directors for the time being shall form a board to transact the business of said company, and shall have power to make and prescribe all proper and necessary bye-laws, not repugnant to the laws of this State and the United States, touching the subscription arrears and management of said stock, effects, estate, property and profit of said company, officers, appointments, clerks and servants, salaries and allowances and other concerns of said company. SEC. 7. And be it further enacted, That the directors shall at all times keep or cause to be kept at their office, proper books of account, in which shall be regularly entered all the transactions of the said corporation, which books shall at all times be open to the inspection of the stockholders of said company: Provided, that no transfer of the stock shall be valid or effectual until said transfer shall be registered in the books to be kept by the President and Directors for that purpose. SEC. 8. And be it further enacted, That this act shall be, and continue in force, until the first of January, eighteen hundred and seventy, and no longer. SEC. 9. And be it further enacted by the authority aforesaid, That in the event any debt or debts shall be contracted by said company, the whole of the corporate property, and all the private property of each and every stockholder shall be held and absolutely bound for the payment of said debts. JOSEPH DAY, Speaker of the House of Rpresentatives. ROBERT M. ECHOLS, President of the Senate. Assented to, December 21st, 1839. CHARLES J. McDONALD, Governor. AN ACT to incorporate the Roswell Manufacturing Company. WHEREAS the erection of Cotton or Woolen Factories, contribute to the convenience of a neighborhood, and is generally conducive to the general welfare of a State; AND WHEREAS, certain individuals hereinafter named, have erected a Cotton Factory at Roswell, in the county of Cobb, and are desirous of being incorporated under the name of the Roswell Manufacturing Company. be ne SECTION 1. Be it enacted by the Senate and House of Rep resentatives of the State of Georgia, in General Assembly met, and it is hereby enacted by the authority of the same, That Roswell King, Barrington King, Ralph King, John Dunwoody, James S. Bulloch, Henry Atwood, and the heirs of Bayard E. Hand, deceased, with all such persons as are now, or may hereafter become stockholders in said company, be, and they are hereby incorporated and made a body politic, by the name and style of the "Roswell Manufacturing company," and by that name shall be, and are hereby made able and capable in law to have, purchase and receive and retain to them and their successors, such lands, rents, tenements and hereditaments, goods and chattels, as may éessary for the purposes of said Factory, and effects of what kind soever, and the same to sell, grant, demise, alien or dispose of, to sue and be sued, plead and be impleaded, answer and be answered, defend and be defended in courts of record, or any other place whatsoever, and to make, have and use a common seal, and the same to break, alter and renew at their pleasure, and also by such person or persons as a majority of the stockholders shall appoint for the management of the concerns and business of the said company, to ordain, establish, and put in execution, such bye-laws and regulations as shall seem convenient for the government of the said corporation, and to select and appoint all such officers and servants as may be necessary the discharge of the business of the said company. for SEC. 2. And be it further enacted, That if the said corporation shall at any time hereafter, deem it advisable for the benefit of the stockholders, to erect, construct, and work another or other factories, for the spinning or weaving of cotton or wool, or one or more mills for the sawing of lumber, ginning of Cotton, or grinding and preparing corn, or other grain, that then and in such cases, the said corporation shall hold, and work the same with like privileges as are herein before granted for the erecting, holding and working the said Factory. SEC. 3. And be it further enacted, That the said corporation shall exist and exercise all the privileges hereby con ferred, for the term of thirty years from the passage of this act. JOSEPH DAY, Speaker of the House of Representatives. ROBERT M. ECHOLS, President of the Senate, Assented to, December 11th, 1839. CHARLES J. McDONALD, Governor. AN ACT to incorporate the Neligh Manufacturing Company, in the county of Cass, and for other purposes therein named. WHEREAS there is evidence of the existence of Iron ore within this State, both in quality and quantity sufficient to supply, if manufactured into Iron, an amount adequate to its entire consumption; AND WHEREAS the citizens of this State, are at this time dependant for a supply on foreign countries, and tributary to them for millions of dollars annually, which ought to be retained, as the manufacturing of Iron within our own State would save this heavy item of cost on articles of necessary consumption : Therefore, to develope the mineral resources of this State, it is her highest interest to grant acts of incorporation to encourage the enterprizing capitalist to embark in the establishing of Iron Manufactories on an extensive scale; individual capital to a considerable extent being already invested in the county of Cass, in furtherance of the establishment of a manufactory of Iron, Steel, Nails and other useful articles. Therefore to enable the enterprize to be carried out SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Georgia, in General Assembly met, and it is hereby enacted by the authority of the same, That William Neligh, Samuel Clark, Francis McTeer, Jesse C. Farrar, Reuben Cone, Peter J. Francisco, A. R. Moore, and with all such other persons as are now or may hereafter become stockholders in the said company, be, and they are hereby incorporated and made a body politic, by the name and style of the "Neligh Manufacturing Company," and by that name shall be, and are made hereby capable in law to have, purchase, and retain to them and to their successors, lands, tenements and hereditaments, goods, chattels and effects, and the same again to sell, grant, demise, alien and dispose of, to make a loan or loans of money, and to |