Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1861-02-02

| the State Of South Carolina he and he is here.
! by authorized and required to issue in the
name of the State of South Carolina four thou
sand five hundred certificates or bonds. Of the
value OF fifty dollars each, two thousand
five hundred certificates or bonds of the val.
| ne OF five hundred dollars EACH to be signed
by the said President and countersigned by the
Cashier of the said Bank, bearing interest ct
the rate oi seven per cent per annmm. payable
on the first day of July of each and every year,
at the Treasury, and redeemable thereat: that
! is to say. tho four thousand fvo hundred certf.
! lcates or bonds of fifiv dollars each to he re.
deemable on the first day of July which will
! be in the year of our Lord one Thousand eight
hundred and sixty-eight; the two thousand five
hundred certificates bonds of one hundred
dollars each, te he rodeemablc on the first day
OF July which will be in the year of our Lord
| one thousand eight hundred and seventy and
the four hundred certificates or bonds Of five
hundred dollars each. 10 be rcdeemuble on tho
first day of July. which will be in the year of
our Lord one thousand eight hundred and sew
onty.two. and which said certificates or bonds
shall have suitable coupons 10 he signed by an
officer appointed by the President of the said
Bank, attached thereto.
SIC g. That the said certificates or bonds.
and the respective coupons thereto, shall he re-
ceved Mt the Treasury of the said State az the
same shall respectively become payable in nav.
mcntof taxes and other debts due to the State
of South Carolina.
SEC 10. That the faith of the State is here.
by pledged for the punctual pa yment of the in
| terest on the said certificates or bonds. and for
the redemption of the principal of the same.
when it shall become due.
SIC III. That all monies arising from the sale
ot the said certificates or bonds shall be placed
in the Treasury at Charleston and subject to
the draft of his Excellency the G;,"ornnr, ooun-
tcrSigned by the Member of the Executive Conn
Gil charged with the Treasury Dcbartment-
That the Bank Of the State of South Carolina
is hereby appointed the agent for the State f,r
the sale Of the said certificates or bonds. and is
authorized to sell the same ut the market valuc,
with power and authority to appoint subascnts
under it for the sale thereof.
SEC. l2. That in case there shall be reourel
for military contingencies larger sum of mon
ey than shall be raised by tho taxes herein pro-
vidcd Tor. and the issuing of the Treasury notes
also provided for, it shall and may he lawful
upon the request of the Governor of tho State
for the President of tho Bank of the State of
South Carolina to issue and put i'm circulation
noios or certificates in the form hcreinaf er prc.
scrhod, of such denominations. not less than
ono dollar, rs the said President may think
proper; which said notes or certificates shall be
receivable in payment of taxes and other dues
to the State for the sums therein expressed
P,ocidcd, that the whole amount of such notes
or certificates shall not exceed the sum of three
hundred thousand dollars; and the said notes
| or certificates shall be in the following form
viz: This note or certificate shall be received
IN payment of taxes and other dues to the State
for - dollars" and shall be signed by the
President and Cashier of the said bank nr spch
other person or persons ms the said President
and Directors may appoint fnr that purpose
and it shall be lawful for any banks in this State
to pay or deliver out and circulate the notes or
certificates issued in pursuance of this Act
That the President of the Bank of the State nf
South Carolina shah pay the drafts of the Gov
nod hv tl,o ,hnr e ,bo-
ecutive Council charged with the Treasury De.
partmcnt. for any amount not exceeding the
amount OF such notes or certificates issued and
put IN circulation by the said bank. That the
twenty-irst section of an Act, entitled "An
Act to raise supplies fur the year commencing
October one thousand eight hundred and twen-
ty-threc. ratified on the twentieth day of Decem-
her, one thousand eight hundred and twenty
three" be re enacted and henceforth declared
OF force in the words following. that is to saw:
That the Treasurers of the State shall be re-
quired hereafter not to receive any tax returns
which shall not be made in strict conformity to
the instructions of the Comptroller General-
That the Trensurers of this State he instructed
to receive. in payment of taxes, the bills and
notes OF all the banks of this State unless, in
the opinion of the Comptroller General. it shall
become unsafe to receive the bills or notes of
ono or more of such banks. in which case he
shall be authorized to issue instructions to the
Tax Collectors to refuse the ,notes of such bank
or banks"
LOUISIANA ComyGNTIoN BARON RouoE Jan
23-The Convention assembled to-day Ex-.
Gov, Mouton was elected President. A com
mittee OF fifteen was appointed to report an or.
dinance of secession. and then the Convention
adjourned till Thursday. M
BAToN RoUcG, January 26-1 p. M-Thc
Ordinance of Secession, as reported by tho com
mittce, was passed at half-pa IL o'clock, to-
day, by the Sovereign Convention of Louisiana
The vote was ll3 in favor, to IL against it.
Immediately upon the announcement Of this
fact, Capt. Allen, followed by the Governor and
large number of State officials. entered the
Convention and presented tho President with
the Pelican flag of Louisiana. Speeches were
made pertinent to the occasion. A very large
number Of spectators were present, and after
sive prayer was offered in behalf of The New
Republic. The scene was very solemn, and ev.
cry one joined in cnmmending the new Repub-
lie to the guidance and mercy of Divine Provi-
dence.
The Convention has adjourned, to meet at
New Orleans. on Tuesday next.
Last night, the corporation substitute for the
Ordinance of Secession was rejected by n vote
of 63 nays to AZ yeas
The Ordinance of Secession of this State will
be signed by MI the members of the Convention.
ST. Louis, January GA Democratic caucus
was held here last night, which adopted com
promise resolutions similar to those of Senator
Crittenden. The Indications are that the State
Convention will be strongly conservative.
MONTGOMERY. january 26--Tho Hon. T. j.