1887 public laws – Ch.423 Sec.1
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CHAPTER 423 An act to amend chapter forty-five of the private laws of eighteen hundred and eighty-three, being An act to incorporate the High Point and Randleman Railroad Company, and for other purposes. The General Assembly of North Carolina do enact:
That chapter forty-five of the private acts of eighteen hundred and eighty-three, being entitled An act to incorporate the High Point and Randleman Railroad Company, be amended to read as follows, viz.: The first section thereof, That for the purpose of effecting a railroad communication between High Point in Guilford county and the town of Ashboro in Randolph county, the formation of a corporate company is hereby authorized under the name and style of the High Point, Randleman, Ashboro and Southern Railroad Company, and when formed in accordance with the conditions here-_ inafter described shall have a corporate existence as a body politic for ninety-nine years with a capital stock of two hundred and fifty thousand dollars, which may be increased at the pleasure of the said company to one million dollars.