Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1839-04-18
Legislative. e.
AN ACT
20 amend an Act for rebuilding the City
r. NJ -Ioct,,.
AN ACT

x o amend an Act JOr reOuudWS tRe Cty
Of Charleston.
SECTION /. Be it eaacted By the Senate
and House o f Representatives,, no,c met and
sitting III General Assembly, That the Act
of the General Assembly Uf this State,
ratified on the frs, day Of June last. enti-
tied IAN Act for rebuilding the city of
Charleston," be, and the same is ameud-
saI in the following particulars:
]. The applicant for luan, may exc
cute single bond, with a penalty suili-
.cient TO cover all loans which may be
made 10 him in virtue Of the said act, and
asiusle mortgage to secure the said Bond;
end the said bond aud mortgage shall he
so framed by the Attorney General, as 10
.embrace all the loans which may be made
under the said Act; aud the mortgage so
executed, shall be deemed aud taken as
.etIactuai to protect and secure all such
aoms as are within the amount Of the pen
alty of the Boud, i'll The same mahner as
1houoh the whole amount which shall be
subsequently, loaned, had been loaned at
1hc date of The said bond and mortgage.
The applicants for the said loau shall
be required to furnish the Bauk, euiy with
an abstract Of their title. and with such IL
tile deeds as may be 10 their possession not
recorded. They shall not be required to
furnish copies of any evidence or munl-
ment of title, or mesne conveyance, which
has been recorded in the proper public
Office.
8. The policy Of insurance which shall
be required from any applicant Tor loan
shall be deemed sufficient, if taken Tor
such amount as is customary for Insurance
Offices within the State 10 make, upon any
single risk.
d. Preliminary applications fer The said
loan, shall be received by the Bauh from
any applicant setting forth the plan, and
estimated cost of the building proitosed to
be erected, together with the situation and
dimensions of the lot whereon the building
is 10 be placed; and the President and Di-
rectors of the Bank, upon receiving such
application, shall, even before information
as TO the condition Of the Title, direct The
lot to he valued by the Commissioners
appointed for that purpose; aud the said
Commissioners shall value the same, and
certify their valuation in the manner pro-
yidcd by the Act of which this is an a.
amendments; and the President and Direc-
tors of the Bauk. shall thereby inform the
applicant of the sum 10 which he will be
entitled on complying wir'l the provisions
of the law; :bnt ne loan shall actually be
made. until the applicant shall fully have
complied with the provisions OF the Act
: above referred to, as amended by this Act.
and be 1t further enacted, Tha, the fees
of each public officer, who shall furnish
certificates to be used in procuring the SAID
Floan, shall be as is usual, twelve aud halt
for searches through their books Tor
each name. and sixty-two and hall cents
for4her certificate: But no public officer
shall demand or receive from any appli-
cant for the said loan, more than two dol
aars for all searches, certificates and servi-
ces which may bo made, given or render
red in his office for the said applicant, upon
-aay Soac application for loan: And
every public officer who shall demand or
receive more than two dollars Tor all such
searches certificates and services, inclu-
.sive, or who shall refuse to perform the
usual duties of his Office, at the request OF
any such applicant, shall be deemed gull
1y,ef a misdemanor, and upon conviction
thereof before any Court of competent
jurisdiction, shall be subject to fine and
Imprisonment, at the discretion OF the
Court.
S. Belt farther enacted, That no charge
shall be made against any appiicant'ior a
loan, by ,he Attorney General for The
bond and mortgage required TO lie taken
by the Bank, aer for any other profession
M services rendered by him in the arrange
snents for loan.
z. And be 1t further enacted, That any
person owning lot, npon which BRICK
or stone building shall have been com
menced since the fire ofApril last, shallbe
entitled to receive all the ins'almenis of
che loaa which he could have claimed un-
der alis. or=the former Act, if he had made
application before the commencement OF
she work; provided he shall substantially
comply with all the conditions required OF
all original applicant, who shall have re-
ceived the same number of Instalmenls,
end shall substantially give to the Bank,
security equal to that which would have
Seen required of such original applicant.
ia the Senate House, the nineteenth
day of December, in the year of our Lord
one thousand eight hundred and thirty
eight, aud in the sixty-th!rd year of Use
Sovereignty and Independence of the u
ai,ed States OF America.
ANGUS PATTERSON,
President Of the Senate.
D. L. WARDLAW.
Speaker ofthe House Of Representatives..
We regret to learn that the valuable |