Bonded debt Provided, No bonded obligation shall be incurred by said city A. D. 1893. until that question has been submitted to a popular election therein and shall have been approved by a majority of the voters to be voted on. then voting. effect. of acts and ordi SEC. 15. That this Act shall take effect from and after its When to take passage; that all the other Acts conferring powers on the Town of Chester, and not herein referred to, are continued of full force; that the ordinances of the Town of Chester are hereby Confirmation continued, to be of full force and effect for the government of nances. the City of Chester until repealed or modified by other ordinances; that all the obligations and contracts of the Town of Obligations. Chester and to the Town of Chester are hereby continued as the valid and subsisting obligations and contracts of and to the City of Chester; and all property of the Town of Chester is hereby vested in the City of Chester; that all Acts or parts of Acts thereof inconsistent with this Act are repealed; that this Act is a public Act, and shall continue of force for thirty years next hereafter. Approved December 20th, A. D. 1893. Property. clause. Public Act. AN ACT TO ENABLE THE CITY OF CHESTER TO ISSUE COUPON No. 409. FOR THE MACADAMIZING OF STREETS, AND FOR THE CON- SECTION 1. Be it enacted by the Senate and House of Representatives of the State of South Carolina, now met and sitting in General Assembly, and by the authority of the same, That Coupon bonds. the city of Chester is hereby authorized and empowered to issue coupon bonds to the amount of fifty thousand dollars, to be expended as follows: Six thousand dollars to fund the floating debt of said city, $22,000 to macadamize its streets, and $22,000 to construct water works for said city. Amount. Issue to be ap SEC. 2. That before such bonds or any part thereof are issued a majority of the qualified electors of the said city then voting proved by elecshall vote in favor of such indebtedness at an election ordered and held for that purpose. That the City Council of Chester are authorized to order an election for any one or more of said purposes Election. and at different times; that three weeks' notice thereof be given, by advertisement in a newspaper at Chester, of the time, Managers and their duties. A. D. 1893. place and purpose of such election. That the City Council shall appoint three discreet electors, who shall be sworn to conduct the same fairly, to manage said election; it shall prescribe the form of the ballot, receive the returns, and canvass the same, and declare the result, which shall be published in the succeeding issue of a newspaper published in said city. Description of bonds. Execution. SEC. 3. That said bonds shall bear interest from their date, until paid or retired, at the rate of six per cent. per annum, payable semi-annually, and shall be of the denomination of $500 each; they shall be signed by the Mayor of said city and countersigned by the Clerk and Treasurer of the City Council, and When payable. the coupons shall be signed by the Clerk; they shall be due thirty years after the date thereof, but redeemable at the option of the City Council at any time after the lapse of fifteen years from Coupons re- their date; the coupons thereof shall be receivable for taxes due the said city. ceivable for taxes. Sale of bonds. SEC. 4. That no part of said bonds shall be sold for less than par or face value, and they may be sold in bulk or as the proceeds are Application of needed, and the proceeds thereof shall be devoted exclusively to the purpose for which they may have been issued, to be evidenced in a separate account. proceeds. SEC. 5. That the City Council of Chester is hereby empowered to levy and collect a tax on the assessed taxable property therein to meet the interest and principal on said bonds as the same falls due, or it may pay the same out of any other revenues on hand for which the law requires no other specific application. SEC. 6. That all Acts and parts of Acts inconsistent with this Act are hereby repealed. Approved December 22d, A. D. 1893. No. 410. AN ACT TO AMEND AN ACT ENTITLED "AN ACT TO PRO VIDE FOR THE ESTABLISHMENT OF A NEW TOWNSHIP AND SECTION 1. Be it enacted by the Senate and House of Representatives of the State of South Carolina, now met and sitting in General Assembly, and by the authority of the same, That an A. D. 1893. Stat., 9, amended. Act entitled "An Act to provide for the establishment of a new township and school district in Chester County and to authorize A. A. 1879, the levy and collection of a local tax therein,” be, and the same 17 is hereby, amended by inserting after the word "two," on line three of the first paragraph of Section three of said Act, the words "and one-half." So that said paragraph of said Section when amended shall read as follows: tax. SECTION 3. The said school district is also hereby authorized Local school and empowered to levy on all real and personal property returned in said district a local tax, not exceeding two and one-half mills on the dollar, to supplement the Constitutional tax for support of said schools, by the persons and in the mode following, to wit: Approved Decemher 20th, A. D. 1893. AN ACT TO AMEND AN ACT ENTITLED "AN ACT TO INCORPO- No. 411. RATE THE INDIANOLA MANUFACTURING AND POWER COMPANY," APPROVED DECEMBER 14, 1892. SECTION 1. Be it enacted by the Senate and House of Representatives of the State of South Carolina, now met and sitting 86, ante 217, in General Assembly, and by the authority of the same, That A. A. 1892, an Act entitled "An Act to incorporate the Indianola Manu- amended. facturing and Power Company," approved December 14, 1892, be amended by striking out Section 6 therein and inserting in lieu thereof the following Section, to be known as Section 6: SECTION 6. The parties aforesaid shall have power to raise, by Capital stock. subscription, a capital for the said corporation of five hundred thousand dollars ($500,000), in five thousand (5,000) shares of one hundred dollars each: Provided, however, That when two hundred and fifty thousand dollars ($250,000) of said capital Organization. stock shall have been subscribed and twenty per cent. thereof paid in, the said corporation may organize and commence business: Provided, further, That a majority of the Board of Directors of the said corporation shall have the power, from time to time, and as occasion may require, to increase the said capital stock to any extent not exceeding five million dollars ($5,000,000) whenever they deem proper to do so; and the said corpora- How raised. tion shall, by its by-laws, provide for the manner of raising and distributing such additional capital stock. Approved December 20th, A. D. 1893. Increase of capital stock. A. D. 1893. No. 412. AN ACT TO AMEND THE CHARTER OF THE SPRATT BUILDING SECTION 1. Be it enacted by the Senate and House of Representatives of the State of South Carolina, now met and sitting in General Assembly, and by the authority of the same, That New subscrip- the Spratt Building and Loan Association of Chester, South Carolina, a corporation organized under the General Incorporation Act, is hereby empowered to receive new subscriptions to its capital stock. tions authorized When receiv able. Notice. Limit. Continuing series. Governed by charter. Ante 392. Accounts, how kept. SEC. 2. That such subscriptions may be received at such time as the Board of Directors of said association may fix, one week's notice thereof being first given in a newspaper; that the subscription at any one time shall not exceed three hundred shares of the par value of one hundred dollars, but it may be for any sum less than that. SEC. 3. That the said Board of Directors may, from time to time, and as often as four times in each year, receive stated subscriptions to the capital stock of the said association, so as to continue the business of said association in different and continuing series, so long as the same may appear advisable or profitable. SEC. 4. That the said subscriptions, and the rights and remedies of subscribers and of the association thereunder, shall be subject to and governed by the charter issued to the said association by the Secretary of State, dated 23rd February, 1892. SEC. 5. That the accounts of the said association shall be so kept as to entirely separate the interests of stockholders of different series. Approved December 20th, A. D. 1893. No. 413. AN ACT TO DETERMINE THE PERSONS ENTITLED TO THE PRIVILEGES OF THE SCHOOL DISTRICT OF CHERAW. SECTION 1. Be it enacted by the Senate and House of Representatives of the State of South Carolina, now met and sitting in General Assembly, and by the authority of the same, That pupils admitted from and after the passage of this Act no pupil shall be admitted into the Public Graded School of the School District of Cheraw without paying tuition fees, unless said pupil has been a bona Only resident free. fide resident of said school district for ninety days prior to admis sion into said school. A. D. 1893. clause. SEC. 2. That all Acts and parts of Acts inconsistent with this Repealing Act are hereby repealed. Approved December 20th, A. D. 1893. AN ACT TO PROVIDE FOR THE PAYMENT OF A SALARY TO THE No. 414. NAL CASES, AND IN CERTAIN OTHER CASES THEREIN SECTION 1. Be it enacted by the Senate and House of Representatives of the State of South Carolina, now met and sitting To be in lieu of all charges. in General Assembly, and by the authority of the same, That Salary of Sheriff from and after the first day of January, A. D. 1894, the Sheriff of Clarendon County shall receive an annual salary of seven hundred dollars, in lieu of all costs, charges and fees whatsoever, for services in criminal cases cognizable in the Court of General Sessions, including the execution and service of all venires for grand and petit jurors and the execution and service of all processes issued by the Coroner of said County: Provided, That nothing herein contained shall be construed to prevent him from tion fees. receiving the fees provided by law for dieting prisoners and fees for transporting lunatics to the Asylum. Except dieting and transporta Itemized return to County SEC. 2. That the said Sheriff shall make to the County Treasurer of said County monthly a sworn itemized return of all fees, Treasurer. costs and fines received and collected by him in criminal cases, and shall at the same time pay over the same to said Treasurer. Payment. And it is hereby made the duty of the County Auditor and County Treasurer of said County to examine said sworn return books. and the books of said Sheriff every month for the purpose of enforcing the provisions of this Act. SEC. 3. That if the said Sheriff shall fail or neglect to make said monthly return on or before the tenth day of each month, or shall file a false or fraudulent return, or shall retain in his hands and fail or refuse to pay over any part of the fines, fees or costs received or collected by him, at the time and in the manner required by this Act, he shall be deemed guilty of a misdemeanor, and on conviction thereof shall be imprisoned for not Examinati on of returns and Penalty for non-return, false return or non-payment. |