The Charleston daily news. (Charleston, S.C.) 1865-1873, April 13, 1872, Charleston News Supplement, Image 6
UWSW THE STATE.
ACTS OF THE GENERAL ASSEMBLE
SOUTH CAROLINA.
P ubi I Bli cd by Author lt y.
AK AOT to Charter -the Union Savings ?
of Georgetown, S. 0.
BEOXXOX, 1. Be it enacted by the Senate
Honse of Represen tit ives of the State of S
Carolin a, now met and sitting in Genera)
sembly, and by the authority of the same:
That Jamos A. Bowley, W. H. Jones,
.Thomas D. McDowell, 8. B. Carr and Ja
Morrell, together with.such other person
are now, or may hereafter be, associated \
them, sball be, and they aie hereby, consti
ed and m a do a body politic and. corporate
the name and utyle of. tbe ''Union Savi
Bank, of Georgetown, South Carolina,* " auc
this name and style sball bc, and is here
made capable in law to have, parchase, en
and retain, to it and its successors, lat
rents, tenements, goods, chattels.and effect
whatkindor quality soever,.and tba sam?
sell, alien or dispose ol; to sae and be sn
. plead and be impleaded, answer and be, ana ?
ed, defend and be defended, ju courts of
cord, or any other place whatsoever ; and s
to make, hare and ase a common seal, and.
same to alter, and renew at their pleasure; i
also to ordain .and put in, execution such
la wa and regula tiona as may seem neceas
and convenient for tbe government of tho B
corporation, not being contrary to the la wt
the Stale or the oona ti ration thereof.
Ssa. % The oapitalstock of said corpora ii
shall not ba less than ten tboasaod dolla
which may ba inoreased, from timo to time,
a sam not exceeding two hundred thousa
dollars, and shall be paid in and accumul?t
as hereinafter provided.
Ssa 3. ?That the said corporation sball ba
power and authority to invest its oapital sto
or .other fonds in bank or other s tocks, in t
purchase of bonds of the United States, bon
issued by this or any other State of the Untt
States, and m bonds of any corporate com pan
to lend money upon personal and real eecurit
to discount bonds, notes and billa of exchang
and to guarantee the payment of notes, bond
bills of exchange, or other evidences of debt,
Ssa. i. That said corporation shill recoil
deposits from any person or persons, and (
such deposits shall be invested aa the' boai
of directors may deem most advantageous, ai
m accordance with Section 3, and in tera
cha ll be allowed to the depositors thereof i
may be directs i or provided for by the by-laws
the institution.
Ssa 5. Each subscriber to stock in tb
bank shall, on or before the fifth day of eac
mon tn, pay, at the office of the bank, one dc
lax per share of his or her subscription, an
any subscriber failing to do so sball be fine
five cents per share tor such delinquency, an
for each succeeding ten days of such de Uti
qa en cy, ten ce uta per share additional; and it
at the expiration of two mouths, suoh debt
queney shill still oust, the stock shall be sol
at public auction, the proceeds of which sha
be paid to Boob delinquent stockholder, afU
deducting all fices that may be charged agaiui
bim, or his proportion of all losses sustainer
and expenses incurred by tho Institution, i
the course of its business.
SEO. G. AS soon as the ?tock becomes of th
value of one hundred dollars per share, sari
shall be issued to each stockholder for th
number or shares standing in his or her nam
ou tho books of the institution, signed by th
president and cashier, with tbe corporate sea
of the bank affixed, from which time the paj
meat of monthly instalments shall ocase.
. Ssa 7. Any stockholder, st any time prior t
the stock becoming of the value of one hundred
dollars per share, may withdraw from tht in
atitution, upon written notice being given a
any regular meeting of th" board of directors
sod, at tba. expiration of ninety days, thain
atitution shall pay to said stockholder th?
aotual value of.bia orber stock at the date o
notice of withdrawal, the monthly instalment
of auch stockbolder C3asing from date of sale
notice, or said stockholder may sell or trans
tor-, bis or her interest to any other person, thi
parchas jr being placed on an equality with th?
other stockholders. -
. SEO. 8. By actual value of the stock is mean
the amount paid in by each stockholder, to
g ether with his ar bar proportion ot any losses
that may have occurred, and withholding bit
or ber proportion of any. investments alton)
whioh tbe board of .directors may be doubt fal,
until they are satisfied..
Ssa 9. As Boon as tba stock becomes of tbe
value of one hundred dollars per share, and
scrip ls" issued therefor, the directors may
. make dividends, at such times and of so mach
of the profits of the bank? as shall appear to
them advisable.
. Baa. 10. There shall be elected, as soon after
the ratification of this act as the corporators
and subscribers may deem advisable, and an?
nually (hereafter, seven 'directors from their
number, who sball appoint one of their norn*
% bar president, and may fill any vacancy oc?
curring in tba board, unless it be by removal,
in which case the members shall fill the same
in general meeting. Tba board shall appoint
(to hold at its pleasure) the subordinate offi
? eera and agents, prescribo their duties and
compensations, and take from them such
bonds, with security, as it may deem advisa?
ble,
..' Bao. ll. It shall be oompetent, at any gen?
eral meeting of stockholders, to change tho
time of holding the annual meetings; and ex?
tra meetings may be called at any time upon a
written application to the board of directors,
signed by stockholders representing not less
than one-half of the capital stock; and stall
meetings of stockholders each share ebal! en?
title ita holders to one vote, and a representa?
tion of a majority ot the entire stock, by the
I holders ia person, or by their proxies, shall be
Jj requisita to constitute a quorum.
# Ssa 13. The said company is hereby declared
\ capable in law ot holding and exercising the
offioe of executor,by appointment of any teeta
^ tor; the office of administrator of the testator or
sj intestate, by appointment of tho court of
k probate; the office of guardian, or other
' trustee of any estate whioh may be held
hi trust by appointment of any person or
court of competent authority to make
Snob appointments, and the -office of
Of trustee under any mortgage; and, in any
'such case, the said company, or executor, ad?
ministrator or trustee shall be subject to the
same meas ure of accountability and to the same
rules, and regulations of law which pertain to
snob traste when held and exercised by natural
persons, except that, in lieu of any bond to be
j required of said company for the administra?
tion of any trust, the capital stock and other
assets of the oompany s hall be pledged for the
fai tb fol discharge of any trust.
Bio. 13. That the stockholders of said cor?
poration shall be liable, to tba amount of their
respective share or shares of stock in said cor?
poration, for all its debts and liabilities npon
note, bill or otherwise; and further, no director
or other officer of said corporation shall bor?
row any money from said corporation; and if
any direetor or other ofBocr shall be con vic ted,
upon indictmentvof directly dr indirectly vio?
lating this section, be shall be punished by fine
or imprisonment, at the discretion of the coart.
The books and accounts of said corporation
shall be opened to inspection, under such reg
.nations as may ba prescribed by law.
Ssa 14. This sot shall be 'deemed a p
act, _a,pd shall be judidally Jaken notice of
outspee??j p?eadinp; and ihe Q nari er b
prrantcd shall be* in force from its passage
,coijt^ae,?? force forja ipertod of^hirty ye?
I A^ore^Marbbi?iffr^
AN ACT to Renew and Amend the Chartert
Town, of WiUiamston.
SECTION 1. Be it enacted by the Senate
Honso of Representatives of the State of 6
Carolina, now met and sitting in Genera
sembly, and by the authority of the same
That from and immediately after the pai
of thia act, all and every person or pet
who may have rosided within tho. corp*
limits of the Town of Wilhams ton for
year, dr who may own a freehoid therein,
their successors, are hereby declared t
members of the corporation hereby intend
be created.
SEO. i. That the said persons, and their
cessors, shall, (rom aud after the passas
this act, become a body politic and corpoi
and shall be known and called by the nam
the Town of Willi ams toa, and its corpc
limits shall extend one mile in the directio
the cardinal points from the present brick !
as a centre, and (otm & circle.
SEO. 3. That the said town shall be covei
by ah intendant and four wardens, who t
be pcraoDa that actually reside within the
its of the corporation, and have so reside
least twelve , months immediately prece<
their election. The said intendant and \
dens shall be elected on the second Monda
September, in each year, ten days' notice i
ing been previously given; and shall continu
office one year, and until the election and qo
?cation of their BU cc sss ors. And all male int
it ants of the said town, who shall ba vo at tai
the age of twenty-one years, and resided thi
in sixty days immediately preceding thee
tion, shall be entitled to vote for said intend
and .wardens: Provided, That no person al
be allowed'to vote at any such election \
shall not have registered bis name as a vt
with the clerk of the council, ia a book or bo
to be kept by him for that purpose, by
o'clock A. M., on the day preceding every si
election.
SEO. i. That said election shall be held
some convenient public place in said toi
from nine o'clock in the morning until 1
o'clock in the evening; and w hen tho polls al
be closed, the managers shall forthwith p
ceed to count the votes, under oath, public
statiner the whole number of votes cast for et
candidate or person voted for, and shall tia
mit their report ot the same, in a sealed en
lope, to the intendant of the town; and
there be no snch intendant, the same shall
transmitted to the clerk of the court of And
son County. The said intendant or clerk
the court shall opeo the report of the st
mana gora, and shall announce and publish t
whole number of the votes cast, and the wh<
number cast for each candidate, when the sei
ral candidates receiving the highest number
legal votes tor the offices for which they we
roted for shall be declared duly elected. T
intendant and wardens for the time bei
shall always appoint three managers to oe
duct the election, who, before'they open t
polls for said election, shall take the oal
fairly and hu par li ally to conduct tho ?same; a
tbe intendant and wardens, before enteri:
upon the duties of their office, shall, resp?
tively, take the oath prescribed by the Ca
a ti i u tion of this State, and -o the folio
ing oath, to wit : " As intendant t
warden) of the Town of W il hams ton I n
faithfully and impartially, to the best of r,
ability, exercise the trust reposed in me, ai
will nee my best endeavors to preserve tl
peace and carry, into effect, according to la
tho purposes for which I have been elected: I
help me God."
SEO. 6. In case a vacanoy should occur in tl
office of intendant or any of the wardens, 1
death, resignation or othoi wiso,an election to?
such vacancy shall be held by the appoint mei
of the intendant and wardens; and, in cai
there be none, then by the appointment of lt
olerk of the court of Anderson County.
Sf?. 6. That the intendant and warden
duly elected and qualified, shall be, durii
their term of office, vested with all the po we
and authority with which trial justices are i
present vested by law, except the trial ot eil
cases, and except aa it may be other wise pri
Tided in tbis act. And the intendant sba
and may, as often as may be necessary, sun
moo the wardens to meet in council, at
two of whom, with the intendant, or any tbrc
wardens, may constitute a quorum to tram
act business; and they shall be known hy tb
name of the ".Iowa Council of Williamston
and they, and their successors hereafter t
be elected, may have a common seal, wh'o
shall be affixed to all their ordinances; ma
sne and bs sued, plead and be i m pleaded, i
any court of Jaw or equity in this State, an
purchase, hold, posses and enjoy, to them an
their successors, in pt rpetulty, or for any ten
of years, any estate, real, personal, or mixed
and sell, alien and convey the same: Provided
Tt?e same shall not exceed, at anyone time
the sum of ten thousand d ol hrs. And the sai
intendant and wardens shall have fall po we
to make and establish all such rules, by-law
and ordinances respecting the roads, street*
markets and police of said town, as shall ap
pear to them n eoe saar y and requisite for tb
security, welfare and 'convenience of the sai<
to wo, or for preserving/},the health, peace
order and good government within the same
And the said council may fix and impose fine
and penalties for the?violation thereof, and ap
propria te the same to the public use of tb
said corporation: Prov ?dad, That in all case
of trials to be had before the said town council
as hereinbefore provided, the party charg?e
shall be cited to trial by service upon him of !
summons, under the band of tbe intendant
any one of th ej wardens, or the clerk of thi
court, wherein shall be expressed, with certain
ty, the offence charged, and the time and plac?
of trial, which service shall be made at leas
five days before tbe day of trial.
SEO. 7. That the intendant and wardens o
j the *.said town shall havo tull and only powei
! to grant or refuse license to retail spirituous
I liquors within the said limits, which. license
j shall be gran ted in the same manner, and upor
j the same conditions, aa they now are, or here
I alter may be, under the laws of this State,
except that the town council shall have thc
\ power to regulate the price of license to keer
taverna and to retail spirituous liquors: Pro
vided, That in no instance the price of license
I so to keep taverns or retail spirituous liquors
shall bo fixed at a less sum than is established
by the laws of this State; and all the powere
vested formerly in the commissioners of roach
are hereby granted to tbe said intendant and
wardens within the said limits; and all money?
paid for licenses, and for fines and forfeitures,
or retailing spirituous liquors, keeping
laverna, billard tables, within the said limits,
without license, shall be appropriated to the
uses of said corporation: Provided, lhat tbe
intendant and wardens, daly elected and quali?
fied, shall not have power to grant any licensee
to keep tavern or retail spirituous liquors tc
extend beyond the time for which they shall
have been elected.
Ssa 8. That it shall be the duty of tho said
intendant and wardens to keep all streets,
roads and ways, within their corporate limits,
open and in good repair; and for that purpose
they are invested with all the powers granted
formerly to commissioners of roads. And thej
shall have power to compound with all person;
liable to work the streets, wayB and rc
6aidJowQ, Jipon such letitia as ttfey si
i ^oroTnaBcer^Hb^n tho-mq?'eys" so r<
toffee applied to the public ose'. J?f
8?. 9. ^Ijat^flie \ said^town i
1 :?all bjbt?pcr?gir to imjpifl^^nHnnu
npT aie keepers of all billiard tables ai
pto alleys, or other pin alleys, within tl
ere tion of said council; and to grant or
licenses for the same, upon snob -terni
conditions, and subject to snob regulati
the; may by ordinmoa establish. They
also have power to impose a tax, within
discretion,.on all sales made by ilii
traders and auctioneers, on all pnblio
wagons, carriages, omnibuses and olh
h i ole s kept f jr-hire, and on the owner? c
pr i ot ora of all digs, hogs, sheep, goat
cattle kept within tho corporate limits o
town. The said town council shall bave
lo impose an annual tax ou the amount
sales of goods, ware? and merchandise
also upon tbe amount of income arising
all factorage and merchandise, employe
f lenities and professions, including the
fession of dentistry; also upon the arnon
income from ali moneys loaned at interest
from dividends, received from banks at
other stocks: Provided, That no tax sb:
imposed, in any ono case, to exceed the
of thirty cents on each hundred dollars o
value of such soles and income. And thc
town council shall have power to i in po .
annual tax on all carriages and wagoni
whatever kind, kept for private use; o;
gold, silver aad other watches kept for pr
use within tbe limits of the said town,
the said town conncil shall have power to
poso an annual tax, not exceeding thirty c
on every hundred dollars of the value c
real estate lying in the corporate limits of
town, the real estate of churches and st
associations excepted; and for that pur
they shall appoint three freeholders resi
therein to assess the value of said real es
upon oath, and return the assessment wi
one month to said council for taxation; ai
fill any vacancy occasioned by the death,
signation, refusal to serve or removal I
office of tbe said assessor. And the
town council sball have power to regulate
price of boepses upon all public shows and
bibi tion s in said town; to erect a powder m
zine, and to compel any poison holdings n
than twenty-five pounds of powder to store
same therein, and to make regulation for r
of storage thereof, and for keeping and s
ing the same. And the said town counoil s
have power lo enforce the payment of all ta
and assessments,, levied under tbe antborit
this act, against the property and person?
defaulters, to tbe same extout'and in tbe si
manner as is provided by law for the coiled
of the general Stale tax, except tbat exe cul i
to enforce the payment of town taxes shall
issued under the seal of the corporation, i
directed to the town marshal or other per
especially appointed by the said town oom
to collect the same, and all properly u]
which? tax sball bo levied and assessed
hereby declared and mode liable for the p
ment thereof in preference to other debts <
by the person owning such property at
time of tbe assessment, except debts duo :
State, which shall be met paid. The s
moneys, together with all other moneys c
looted by authority of the provisions of t
act, and the ordinances passod io conform
thereto, from whatever source said mom
may arise, to bo paid into the treasary of s
town for tbe use of the corporation.
bsa 10. That returoB shall bs made,
oath, to tbe clerk of the town conncil, duri
the month of January in each year, of t
amount or all sales of merchandise, professii
al, mechanical or other incomes, and of <
quantity and Und of all other property tb
rial estate subject to taxation undor the pi
visions of this act, by persons who may
liable to pay the taxes on the same; and t
said taxos shall be paid on or before the flt
day of March then next ensuing. Uoon failt
thereof, any porty in default shall, be sn bj?
to tho penalties now provided, by law for failu
to pay the general Stato tax.
SEO. ll. That the said town council sh
have authority to require all pcraotiB owning
lot or lots in said town to make and keep
coed repair sidewalks in front of said lot
lots, whenever rbey shall front on or adjo
any pnblio street of said town, if, in tbe jnd
meet of the council, such sidewalks shall 1
necessary, the width thereof and the manner
their construction to be designated and reg
lated by tbe said counoil; and for default or r
fuss! to make and keep in iepair sci
sidewalks, the town council may cause tl
same to be made and put in repair, and r
quire the owner to pay tho price of making i
repairing; and the said town counoil are her
by "empowered to sue for '.od recover the ROD
action of debt in any court of competent j uri
diction in Anderson County: Provided, Tbi
euch contract for making or repairing be let I
the lowest bidder.
SEO. 12. That the said town council sha
have power, with the consent of tho adj J cet
land-owners, to close all such roads,at reel s an
ways within tho said town as they may dcei
necessary, by sale of the freobold thereii
either at private or pnblio sale, as tbey ma
adjudge best for the interest of said town; an
they shall also have power to lay out, adopi
open and keep iu repair all such new street!
roads and ways as they may, from time t
time, deem imper taut or necessary for the in:
provement and convenience of said towt
Provided, That no new street, road or wa
shall be opened without first ha vin g ob taine
tho consent of thc land-ovner through wbos
premises any snob new street, road or wa;
may pass.
SEO. 13. Thal the said town council ebal
have power, and. are hereby authorized, ti
elect one or more marshals, to affix their Bala
r?es and present) i their duties, who shall bi
duly sworn in, and invested with all the pow
er aod subject to all the duties nod liabilitiei
that constables now have or aro subjected, h
law, in addition to the duties and liabilitiei
specially conferred and imposed on them ty
the town counoil: Provided, That their juris
diction shall be confined to the corporate limits
of saidtown.
SEC. 14. That the said town ouncil shal
have power to establish a guardhouse, and tc
prescribe, by ordinances, suitable rules and
regulations for keeping and governing thc
same, and for the confinement of all persone
who may be subject to be committed for tbe
violation of any ordinance of the town, passed
in conformity with tbe provisions of this act;
and tbe said town council may, by ordinance,
or the said intendant and wardens, in person,
anyone or more ot them, authorize and re?
quire the marshal of the town, or any con?
stable specially appointed for that purpose, lo
arrest and commit to tbe said guardhouse, for
a term not exceeding tweuty-fourbours.any per?
son or persons who, within the corporate limits
of said town, may bc engaged in a broach of
the peace, any riotous or disorderly conduct,
opon obscenity, public drunkenness, or in any
conduct grossly indecent or dangerous to the
citizens of eaid town, or any of them; and it
shall he the duty of tbe town marshals to ar?
rest and commit all such offenders, when re.
quired to do so, and who shall have power to
call to Ibeir assistance the posse comitatus, if
need be, to aid ia making such arresta; and
upon the failure of such marchais to perform
1 euch duty as required, they shall, severally, be
' subject to such fines and penalties as tbe
i town council may establish, and all poreons so
imprisoned shall pay tho costs and expenses
inciden', to their imprisonment: Provided,
That Bubb imprisonment ahall not' exempt the
party from payment of any fine the connell
may impose for the offence for which he may
have been committed.
SEO. 15. That the said town council shall
have power-to collect the taxes from all per?
sons representing publicly, within the corpo?
rate limits, for gain or reward, any plays or
shows, of'what batnro or kmd'soevor, to be
nsed for the pur poses of said corporation. .. .
SEO. 16. That ail fines/ whioh shaU.hereafter
be collected by conviction in tho Courts of Ses?
sions, for retailing without license within (his
corporate limita of said town, shall bo paid one
half to tbe informer, and the other half to
said town council, for the uses of "the corpora^ ,
tion. j
SEC. 17. The eaid town conncil shall have
power and authority to ?bate all nuisances
within the corporate limits, and also to ap?
point a board of health for said town, and ii
pass all snch ordinances as may be necessary!
to define the pokers and duties of said board.
SEO. 18. That' the intendant and' wardens
shall, daring'their term pf office, bo exempt
from street duty; and each town council shall]
within one month after the expiration of their
term of office, mike out and return to their
successors a full account of their receipts and
expenditures daring their term, and shall pay!
over all moneys in their hands belonging to
tbe corporation, and deliver np ali property,
books, records and other papers incident to
their office, to their successors; and, on failure'
so to do, they shall be liable to the punish-j
mont prescribed in tbe twentieth section of
this act. .Vj
SEO. 19. That all ordinances heretofore piss
ed by tho town council of WiUiamston, in con?
formity with the authority granted by the ex?
ist ing Laws shalt be, and they are hereby, de?
clared legal and valid.
SEO. 20. That tor any wilful violation of
duty, malpractice, abuse or oppression, tbe1
said intendant aud wardens, jointly and aove
rally, shall be liable to indictment lu the Court1
of Sessions, and, upon conviction, to punish?
ment by fino not exceeding one hundred dol?
lars, besides being liablo for damages to any;
person injured. '
SEO. 21. That all aots, and parts of acts, here-;
tofore passed in telation to the incorporation!
of the Town o f Williams ton, bo, and the same!
aro hereby, repealed. And this act shall bo
deemed and taken to be a publio act, and con-i
liuuo in torco for tho term of twenty years, and!
until the end of the session of the Legislature;
then next ensuing.
Approved March 9,1872.
AR ACT to Incorporate the South Carolina Real
Estate Plauting and Mining Company. 'J
SECTION 1. Be il enacted by the Senate and
Houso of Representativos of the State of
South Carolina, now met and sitting in Gene?
ral Apsombly, and by the authority of the j
same:
That B.F.Graham, Edward Bold, George
Kline, fi. E. Hay ne, B. F. Briggs, S. A. Swails.
W. A. Grant, W. B. Nash, Edward Mickey, 0,|
B. Levy, William Elliott, J. A. Bowley, Barney
Humphreys, Jordan Lang, C. C. Bowen,
Timothy Hurley, T. A. Davis, N. B. Myers, J.
B. BaBcomb, S. Greeno, J. S. tfobley, and their
associates, successors and assigns, are hereby
created a body politic and corporate, nader the
name and style of tho "South Carolina Bea'.
Eatato, Planting and Mining Company," for
the purpose of securing foreign and domestic
capital in the purchase and improvement of
lands and other property, and for tho working
of the samo, and for selling and settling the
same: Provided, however, That tbe said cor?
poration shall be organized and go into oper?
ation within two years from the passage of this
act.
SEC. 2. And bo it further provided, That the
capital stock of said corporation shall be one
million of dollars ($1,000,000,; in abaros of one
hundred dollars ($100) each, with the privilege
ot increasing the same, from time to time, to
tho extent necessary for which said company is
formed, said increase not to exceed the sam of
five million dollars ($5,000,000,) and said in?
crease to be mode only at a regular meeting ot
the said company, upon a vote of two-thirds
in amouut of tba stock for tho time being in
favor of such increase.
Sic 3. That the said shares shall be deemed
personal property, and shall be transferable
only on the books of the company.
SEO. 4. That the said corporation shall have
power to purchase, acquire, hold, use, work
and dispose of real estate in any of the coun?
ties of this State, to work and oporato mines,
to work and oporato farms and plantations
within tho State, and to dispose, generally, of
tbe products of the same.
SEO. 5. That theuiid corporation shall also
have,power to make all by-laws necessary for
tho disposition of its property, and for the
management of its afftirs, for tho regulation
of the term of office of its officers, and pre
I scribing their duties, and to carry out the
general objects of tho corporation, and tho
same at pleasure to annul and repeal: Pro?
vided, That snch by-laws, rules and regula?
tions shall not oonflict with any laws or the
United States or the State of South Carolina.
SEO. 6. That said corporation shall havo
power to barrow money )>y issuing interest
bearing bonds, secured by mortgage of its
property and franchises, or of any portion of the
same; and, for this purpose, may issue bonds
for sterling, gold coin or curronoy, payablo in
London, New York or Charleston, secured py
mortgage to trustees for the payment of
the said bonds; and, also, may purchase
land, for cash or for bond, se rared by
mortgage, or partly for cash and partly for
bonds and mortgages: Provided, That tho
stockholders of said corporation shall be liable
to the amount of their respective share or
shares of stock io said corporation for all its
. debts and liabilities upon note, bill or other?
wise. The books and accounts of said corpo?
ration shall be open to inspection, under such
regulations aa may be prescribed by law.
SEC. 7. That said corporation shall have
the power to establish! agencie s at such place in
Europe and America as it may deem desirable
for the carrying out of its objects; and may,
also, bold and purchase the stocks or bonds
of any joint stock or incorporated companies,
and the bonds of private individuals.
SEO. 8. That, within the time prescribed for
going into operation of this act, a meeting, of
said company shall be held, at which meeting
fifteen directors shall be elected by the said
corporation, which said directors shall elect
from thoir own number a president and treas?
urer; and they shall also elect such other offi?
cers and agents as they may deem necessary
for effecting the object of the said corporation;
and, annually after the said meeting, the said
stockholders shall elect twelve directois.
SEC. 9. The said corporation shall have suc?
cession of officers, power to adopt and use a
corporate soal, to BUB and bo snod, to plead
and bo i m plea ded, (?o defend and be defended,
m any court of law or of equity.
SEO. 10. This corporation shall have the
right to establish wagon roads to and upon its
properly, with the privilege of connecting the
same with any roads in the State, and shall
enjoy all the privileges that aro awarded, un?
der the general laws of tbe Stale, to any corpo?
ration, together with tbe special privileges
awarded by this charter.
Approved March 18,1872.
0f Aar to Incorporate the Village (
. .' Bock, in the Conoby ot Marion, and f
Purposes therein mentioned.
SECTION 1. Be it enacted by tbe Sen
Honse of Represen ta ti vcs of the Btate 0
Carolina, now met and sitting in Gen
semblyy'and by the authority of the sar
Tir?t from and after the passage of t
all citizens, of this State, having resided
-mouths wi&ia thu* Stoic, and sixty day
Town of Little Rock, shall be deemed,
hereby declared to be, a body, politic ai
pora-te, and tbe said town shall bo ca
the came of Little Bock, and its cb
.limits , sball extend three-fourths of a
each direction from the Methodist chi
said town: Provided, That the corporal
its of said town shall not extend bey 01
Little Pee Dee river.
SEC. 2. That the said town shall b
eraed by an intendant and fonr wa
who shall be citizens of tbe United Stab
who shall have resided m this State
months, and shall have boen residents
said town sixty days immediately pr?
their election. Tbe said intendant am
dens shall be elected on the second Sa
in April, in every year, rise days' notice
previously giveo, and .shall continue in
for one year, and until tbe election and c
cation of their successors; and all male i
tauts of said town, who shall have, attain
age. of twenty-one years, paupers and p<
u oder disabilities for infamous crimes e
i ed, and sball baye resided therein sixty
immediately preceding the election, Bb
entitled to vote for said intendant and wai
SEO. S. Tbe said election shall be h
some convenient public place in said,
from six o'clock in tho-morning until
o'clock in tbe evening, and when tbe
shall be closed, tba managers shah fort
count the votes and declare tho electiot
give notice thereof in writing to the. pe
elected. The intendant and wardens, I
entering upon tho duties of their offices,
each take the oath! prescribed by the Con
: tion of thia State, and also the following
to wit: "As intendant (or warden, aa thc
may ba) of the Town of Little Bock, ]
equally and impartially, to the best <
abihty.exercise the trust reposed in me, am
use my beat endeavors to preserve the i
and carry into effect, according to law
purposes for whioh I bave been elected
help' me Cod." And if any person, upoi
ing elected intendant or warden, shall r
to aol as such, he sball forfeit and pay t
town council t be sum of ten dollars, foi
use of said town: Provided, That no p<
who has attained the aga of sixty years
be compelled to soi ve in either of > said of
nor shall any other parson be compel?*
serve more than one year in any term of!
years. The intendant and wardens, foi
time being shall always appoint a boa
three managers to conduct the election,
before they open the polls, sball take an
fairly and impartially to conduct the s
rhat James Stackbouse, Benjamin Mace.
R. P. Earner are hereby appointed mona
to hold the election on tho second 8a turd a
March, one thousand eight hundred and
enty-two.
I SEO. 4. That in case a vacancy shall o
in the offloe ot intendant, or any of tba
dens, by death, resignation, removal or ot
wise, au election to fill such vacancy sha!
held by order of the intendant and warden
a majority of the same, five days public na
being previously given; and in eas:
sickness or temporary absence of ?be inti
ant, the wardens, forming the counoil sbal
empowered to elect one of their number to
aa intendant for the lime being.
SEC. 5. That the intendant and wardi
duly elected and qualified, shall, daring tl
term of a ir nco, severally and respect
ly, bi vested with all the powers hi
toforo granted to magistritos, trial jost:
or justices of the peace, as the c
may be, in this State, within tbe limits of
said to vu, except for the trial"of causee si
and mean. And the intendant shall and nc
as often asmay be necessary, summon the v
dens to meet in council, any two bf whom, v
the intendant or any three wardens, may c
siitute a quorum to transact business; and tl
shall be known ss-tho town council of Li
Book; and they and their successors, hereal
to be elected, may have a common seal, wh
shall be affixed to all the ordinances; may i
and be eued; plead and be impleaded in i
court of law or equity in thin State; and u
parchase, hold, possess and enjoy, to th
and their successors, in perpetuity, or fori
term of years, any estate, real, personal
mixed, and Bell, alien or convey the same: P
vided the same shall not exceed, at any c
time, tbe sum of ten thousand dollars. A
the intendant and wardens sball have fall pov
to make and establish all such rules, and 1
lawa and ordinances, respecting tho Mai
streets, market and police of said town as Bb
appear to them necessary and requisite for t
security, welfare and convenience of the BI
town, or for preserving health, peace, ord
and good government within the same. And t
said town council may fix and impose fines a:
penalties for the violation thereof, and appi
priate the same to the public uses of the sa
corporation. Provided, That no fina shall e
ceed fifty dollars for any one offence; and, ab
that nothing herein contained shall anthon
the said council to make any by-laws ince
sistent with, or repugnant to, the constitute
and laws of this State; and all by-laws and ort
nances the council may make sball, at all time
be subject to revision or repeal by tbe Legit I
tore of this State.
SEO. 6. That the intsndant add wardens
the said town shall have fall power to grant <
refuse licenses to keep taverns or to retail sp i
itnous liquors within tbe corporate limits i
said town, upon such conditions, and undi
snob circumstances as to them sball seem pu
per and right : Provided, That in uo ins tam
shall tbe price of a license to keep a tavern or 1
retail spirituous liquors, be at a less sum tba
is established by tba laws of tho State; and a
moneys paid for licenses, and for fines and foi
feitnres for retailing spirituous liquors, keepin
taverns and billiard tables within the said lin
its without licenses, shall be appropriated t
the pnblio uses of said town : Provided, Tha
the intendant and wardens shall not bav
power to grant any license to keep taverns, c
to retail spirituous liquors, to extend bayon
the term for which they have been elected.
SEO. 7. That it shall be tbe duty of the sai
intendant and wardens to keep all roads, way E
bridges and streets, within the corporate limite
open, and in good repair; and they may lay on
new streets, close up, widen, or otherwise alta
those now in use, and for that purpose, the;
aro invested with all the powers and duties o
county commissoners, or commissioners o
roads, for and within the corporate limita o
said town. They sball bave power to com
pound with all persons liable to work tin
streets, ways and roads of said town, upon sud
terms as they shall, by ordinance, establish
the moneys BO received to be applied to thi
public use of said town; and all persons re
fusing to labor, or failing to pay such commn
tatum, shall be liable to such fine, not exceed
ing twenty dollars, as the town council maj
impose.
! SEO. 8. They shall have the power to irr pose
an annual tax. not exceeding fifty cente
on every hundred dollars of the value of all
real and personal property, lying within the
corporate limits of said town, the real and
personal property of churches and school aseo
dations excepted. The said t o wn connell shall
hare power to regulate the pnce of licenses
npon all public shows and exhibitions in said
town, to erect a powder magazine, and to com?
pel soy person holding more than twenty-fire
pounds of powder to st?re the same therein,
and to make regulations for rates of storage
thereof, and for keeping and delivering the
> same. The said, town connell snail nave power
to enforce the payment of all taxes Wd assess?
ments levied nnder the authority of this
act,, against the property of defaulters,
to the same extent, and in the same, man?
ner, as is provided r by law for the collec?
tion of the general State tax, except tint ex?
ecutions i to. enforce the payment of the town
taxes shall be issued nnder the seal of the cor?
poration,'and directed to the town marshal, or
other person especially appointed by tbe said
town council to collect the same; and all prop?
erty apon which a tax shall be levied and as?
sessed is hereby declared and made liable for
'the payment thereof io preference to all
other debts against the said property, except
debts due this State, which shall be first paid,
r Ssa 9. The said town., council shall have
power and authority to require all persons
owning a lot or lots in said town, to close in,
and to mas? and keep in good repair sidewalks
in front of said lot or lots,. whenever the same
shall front or adjoin any public street of said
town, if, in the judgment of th cv council, snch
sidewalk shall be necessary, the width thereof,
.and the manner of construction, to be desig?
nated and regulated, by the said council; and
for default or refusal after reasonable notice,
to make and keep in good repair snch sider
walk, and to close in such lot or lots, the town
co une.i may caus? the same to be made, or
putin repair, and require the owner to pay the
price of making or repairing. And the said
town conned are hereby empowered to sue for
and receive the same by action ot debt in any
court of competent Jurisdiction: Provided,
That such contract for making and repairing
be let to tbe lowest bidder. The cemeteries
and graveyards aro also placed under the
jurisdiction of the town council.
SEO. 10. the said town council shall bav?
power, wilb the consent of the adjacent land
owners, to close all such roods, streets and
ways, within the said town, cs they may deem
necessary, by sale ol the freehold therein,;
either at private or public sale, as they may ad?
judge best for the interest of the said town; and'
they shall bave, also, power to lay out, adopt,:
widen or otherwise alter those streets now in
j use, open and keep in repair all such new.
streets, roads and ways, as they may, from
time to time, deem necessary for the improve-:
mont or convenience of said town: Provided,
That no street, road or way shall be opened
without first having obtained the consent of
the land owner or owners through whore
premises any such new street, road or way
may pass.
SEO. ll. The said town council shall have
power, and are hereby authorized, to elect one
or more marshals; to fix their salaries and pre?
scribe their duties, who shall be sworn in, and
invested with all the powers and subjected to
all the duties and liabilities that constables
now have, or are subject to, by law, in addi?
tion to the duties and liabilities specially con?
ferred and empowered on them by the town
council : Provided, Tbat .their j misdid ion
shall be confined within the limits of the said
town.
SEC. 12. That the said town council shall
have power to establish a guardhouse, and to
prescribe, by ordinance, suitable rules and
regulations for keeping and governing the
samo; and the said town council may, by ordi?
nance, or the said intendant or wardens in per?
son, any one or moro of them, authorize and
require any marshal o f the town, or any Con?
stable, specially appointed for tbat purpose, to
arrest and commit to the said guardhouse, for
a term not exceeding twenty-four hours, any
person or persona who, within the corporate
limits of said town, may be engaged in any
breich of the peace, any riotous or disorderly
conduct, open obscenity, public drunkenness,
or in any conduct grossly indecent or danger?
ous to the citizens of said town, or any of
them; and it shall be the duty ot the town
marshal to arrest and commit all such offend?
ers, when required so to do, who shah have
?uwer to cali to their assistance the posse
oomitatus, if need be, to aid in making such
arrests; and upon failure of said marshal to
perform snob duty, as requited, they shall
severally be subject lo such flues and penal?
ties aa the town council may establish. And
< .11 persons so imprisoned shall pay the costs
and expenses incident to their imprisonment,
which said costs and expenses shall be col?
lected in tbe same manner as is provided by
this act for the collection of fines imposed for
the violation of ordinances: Provided, That
such imprisonment shall not exempt the party
from tbe payment ol any flue the council may
impose for the offence for which he may have
been committed.
SEO. 13. The Baid town council shall bave
power to impose and collect taxes from all
persons representing publicly within their
corporate limits, for gain ur reward, any plays
or shows, of what nature or kind whatsoever,
to be appropriated to the publio uses of said
town.
SEO. ll. The said town council shall haas
full power and authority to abate all nuisances
within the corporate limits of said town.
SEC. 15. The intendant and wardens elect
shall, daring their term of office, be exempt
from street duty. Each town conncil shall,
within one month after the expiration of their
term of office, make ont and rotura to their
successors a full account of their receipts and
expenditures during their term, which account
shall be published in ono or more papers m
the county, and shall bay over all moneys in
their possession belonging to the corporation,
and shall deliver up all books, records and
other papers inoident to their office, to their
Buocessois; and on failure so to do, they shall
be liable to be fined in a som not exceeding five
hundred dollars, to be collected hy tbe town
oounoil.
SEO. 16. For any wiliul violation or neglect
of duty, malpractice, abuse or oppression,
the Baid intendant and wardens, jointly and
severally, shall be liable to indictment, in the
Court of Sessions, and, upon conviction, to
punishment aa prescribed m tbe preceding
section, besides being liable for damages to
any person or persons injured.
SEO. 17. This act shall bo deemed a pub?
lic act, and continue in force for tbe term of
fifteen years, and until th? end of the'session
of the Legislature then next ensuing.
Approved March 9,1872.
AN ACT to Incorporate the Merchants' Build?
ing, Trust and Loan Association, of Aiken,
South Carolina.
SECTION 1. Be it enacted by tbe Senate and
House of Representatives of the State of South
Carolina/ now met and sitting in General As?
sembly, and by the authority 0f the same:
That vV. H. Jones, H. J. Maxwell, J. A. Bow?
ley, P. B, Rivers, E. P. Stoney, James Major,
Josheph Quash, M. J. Hirsch, G. D. Hayne,
John C. Ford, E. Ferguson, James Johnson, J.
B. Baacomb, J. S, Alobley and E. M. Sumter,
together with such other persons who are now
or may hereafter be associated with them, be,
and they aro hereby, declared a body politic
and corporate, (for tbe purpose of making
loans of money by certificate or otherwise,
secured by mortgage on real estate and per?
sonal property, of any and all description, or
by conveyance of the same to their members
end stockholders or otner persono,; uj
name and style <jf the; "Merchants' Building,
Trust and Lo3n Association, of Aiken, Boa th
Carolina.?- The capital stojk ,of said associa?
tion shall consist of twenty-five hundred
shares, to be paid ia by successive monthly
instalments-ot one dollar on each anare, so
long as the corporation shall continue; and the
?aid nh arcs to he- held, tnnsfttrrod, ~aa?iffaed
and pledged, and the holden (hereof tobe
subject to such regnjationsj for defaults in
their payments, as, may be prescribed, by th?
bj-1 aw? created for the government of the cor?
poration. X .
Bsa. 2. That the said corporation shall have
power and authority to make any such roles
and by-laws for its government as are not re?
pugnant to the constitution and laws of the
land; and have such succession and number of
members and officers as shall. bo ordained mad
obosen, according to. the rules or., by-la wa
made, or to be made, Dy them; shall bax?:and
keep a common seal, and alter .tile, esme at
will; may sue and be sped, plead ? ?nd .be im?
pleaded, in any cenrt of law? equity a this
State; and shall hare and enjoy every right,
privilege and immunity belonging tocorporaie
bodies, aa guaranteed by the laws,of the land.
SEO. 8. That the said corporation ahail hare
power to take, pm oh ase, lb old and enjoy real
estate, and to sell and tranetfer the emme, as
may be deemed proper, to. its members and
others, on euch terms and. on such conditions,
and subject to snob regulations as may be pre?
scribed cy the roles and by-laws of said ear- ^
poration.:. . ^jSiweaa
SEO. 4. That tba funds .of said corporation
shall be loaned and advanced to ita members
and stockholders or o tb en upon tho security
of rial and peron al property, and asedia the
purchase of real estate tor the benefit of ita
members and stockholders, on each term*, sod
on sach conditions, and subject to auch regu?
lations as may, from time lo time, ?be pre?
scribed by the rules and by-laws of said cor
poratioa; and it-shall, be lawful tor the said
corporation to bold saab lands, tesamente,
hereditaments and personal property as shall
be mortgaged ot. oonieyed to. .them bi. good
faith, by wayof security, upon ito 'loans and
advances, and may sell, alien or otherwise dis?
pose of the same to its members, stockholders
or others, as they, from, time to time, may
deem expedient. 2 BOOB a??i
?? REO. 6. That ali the privileges, right* and
immunities conferred upon any and all char?
tered banking corporations in thia State be,
and the same are hereby, conferred upon the
association hereby?, incorporated, - and they
shall be, ?nd are hereby, authorized and em?
powered to adopt any and all. euch charters to
facilitate them, in carrying on the business
contemplated by tbe association. ? .-' ;. - ra
SEC. 6. That this sot shall be deemed a pub?
lic act, and continue in force for the term of
fourteen years; and the same ' may be given In
evidence without being specially pleaded.
Approved March 13,1872.
AN ACT to Incorporate the Traction Steam En?
gl ne Company, of the City of Columbia. ' r
SECTION 1. Bait enacteu by the. Senate and
House of Kepre senta ti vea of the State of South
Carolina, now mat and sitting in General Aa
sembly, and by the authority of tba same: ' '
That Rich ard Tozer, John Bretton, Ed war d
Hope, George 8yrumers, T. W.' Woodward,
George Dial, J. McKenzie, S. H. t? pincer, Wm.
Simons, A. Goodson, W. B. Nash, F. J. Moses,
Jr., Jas. Davis, S.B. Thompson,and E. Tar!ton,
together with such other persona who now are,
or hereafter may be, associated with them, be,
and are hereby, incorporated and declared a
body politic and corporate, nnder the name
and style of tbe Traction Steam Engine Com?
pany, of the City of Colombia, for the purpose .
of'manufacturing, selling and using the same,
and also for the transaction of all euch bus?
iness as may be connected with the sams.
Tho capital stock sball consist of twenty thou?
sand (20,000) dollars, in shares of. fifty (50 )
dollars each, with the privilege to increase it
to any extent not exceeding fifty thousand
(60,000) dollars, with the consent of a majority
of the stockholders being first had and ob?
tained. , -,
SEO. 2. That tbe said corporal ion shaU haye
sach number and succession, of officers and
members as shall be ordained and chosen ac?
cording to theconstitution, roles and. by-laws
made, or to be made, by the said corporation
for its government, and shall have power and]
authority to make any such constitution,
rules or by-laws as are not repugnant to the
constitution and laws of the land, shall ha ve?
an d keep a common seal, and altar the same at
will; shall sue and be sued, plead and be im?
pleaded iu any court of law in this State, and
shall have and enjoy all and every right and
privilege incident and belonging to corporate
bodies. '
SEO. 3, Shat the said company shall be em?
powered to purchase, retain ani enjoy all sach
property, real and personal, as it may possess,
be entitled to, or which shall hereafter be
given, bequeathed to, or in any manner be
acquired by it, and to sell, alienor transfer
the same.
SEO. 1. That the Bani oompany shall have the
power to erect machine shops and other band?
ings necessary to carry on the said business.
Tnat they sball have the power to use such
engines in any part of the State of South Car?
olina, for the purpose of drayage, carrying
passengers or cultivating land, and mayase
the same in any corporated city: Provided, Nd
danger to life or property ensues: Provided,
That said company shall be liable for the pay?
ment of any and all damages done to fifa and
property.
SEO. 5. That said oompany may open books
for Bubscriptions to the capital stock in the
City or Colombia, or elsewhere, at their dis*'
bretton. . .
SEO. 6. That the private as well as the cor?
porate property.of the corporators shall be
liable for all debts contracted for the corpora- ?
tion by its au thorned agents.
SEO. 7. That the said corporation shall bave
a legal existence from the time of the passager
of this act, and-this act sball con tonne In force
until repealed.
Approved March 12,1872.
AN ACT to Incorporate tho Elvers Guards, of
Hamburg, South Carolina. .
SECTION l. Be it enacted by tba Senate and
House of Repr?sentatives of the State of South
Carolina now met and sitting in General As?
sembly, and by tbe authority of the same:
Tbat John Williams, Lewis Cartledge, Cato
McGraw, James Coleman, aud their successors
and associates, are hereby incorporated and
made and declared a body politic and corpOr
rate, in deed and in law, by the name and style
of the '-Rivers Guards," of Hamborg, South
Carolina, and, as such body politic and.corpo?
rate, shall have power to make, use, haye and
keep a common seal, and. tbe same at will to
alter; to make all necessary by-laws, not repug?
na ut to tbe constitution and b wa of this State,
and to nave succession of officers and mem?
bers, conformable to such by-laws, to sae and
be sued, plead and he impleaded, bi any court
of competent jurisdiction; and to have, use and
enjoy all other rights, sod be subject to all
other habilites, incident to bodies corporate.
SEC. 2. This act shall be deemed .and taken v
to be a public act, and shall continue in force,
from and after its passage, for the space of
ninety-nine years. . ?