Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1866-10-13
Acts Of the legislature.
IN Act to Incorporate Mc Planters and
Farmers Relief association.

IN Act to Incorporate tho Planters and
Farmers Relicf association.
l; BE it enacted by tho Senate and House
OF Representatives, now met and setting in
General Assembly, and by the AUTHORITY Of
the same, That Richard w. Gale, George o.
Robinson, Charles II. Robinson, William IT
Bellamy, and their associates and successors,
pc, and they arc hereby, constituted BODY
corporate and polite under the name and
style OF Plantcrs' and Farmers Relief AS
soclatlon, for the purpose of supplying tho
visions and pccuniary aid.
III. That the capital stock of said Associa-
tlon shall consist of two hundred and Gftv
thousand dollars, to be divided into shares of
hvo hundred dollars each, with the privilege
OF increasing the same to an amount not ex-
ceeding two millions of dollars but when
tho sum OF twenty thousand dollars shall have
been subscribed and actually pa;d in. in tho
manner hereinafter provided, the soid Asso.
citation may be organized and 60 into onera-
tion.
IL; That for the purpose of raising the
capltai stock OF the said Association, books of
subscription may be opened by or under the
direction of the said r. w. Gale, George 0
Robinson, Charles f.. Robinson and William
IL. beiiamy, at such times and in such pla-
oes &C., as they may think proper, and shall be au
thorlzed to keep open such books until the
said sum of twenty thousand dollars hos boon
subscribed and paid in: Provided, The same
shall be done within twelve months from The
ratification of this Act: Ind provided fur-
>thcr, That they shall give at least ten doys
notice OF the time and place of opening said
books. '"'N
". That the said Richard ". Gale. Gcoroo
~. Noblnson, Charles Il. Robinson and vii.
liam II. Bcllamy, and tho survivors or srrvi-
vor OF them, shall, immediately after tho sub.
scriptions to the said Association shall amount
to the sum of twenty thousand dollars in cash
actually paid in, call meeting of the stock
holders tor the election Of such officers as tho
bylaws agreed upon by tho said stockholders
shall prescribe.
v That the profits of the said Association
may, from time to time, be divided among
the shareholders, according to such rules and
regulations, not repugnant to the laws of this
state, as they may prescribe.
vi. Tho stock of said Association NAV ho
transferred, in such manner and form os NAV
DC directed by tho bylaws of the Association.
vi. The said Association shall have now
or and authority to furnish supplies and make
advances and loans to planters and farmers en-
gagged IN tho cultivation of the soil, and for
all such supplies, advances and lonns 80 fur.
nished and made, to require md receive lien
upon any real or personal estate, and upon any
growing crop, to tho extent of such supplies.
advances and loans: Provided. tho same
shall not interfere with any existing liens
And they shall also have power and authority
to purchase, take and hold, in fco simple or
tor years, to them and their successors, any
lands, tcncments Oh hcrcditamcnts, and other
property, of whatsoever kind and description.
which they may find necessary for the purposes
OF said Association, and to transfer and dis.
pose OF the same as they may think proper:
and shall have power and authority to make
an bylaws, not repugnat to the laws of the
iand, to have and keep common SEAL and
tho same alter at will, to sue and be sued.
plead and bo implcadcd, in any Court of Law
or Equity in this State, and shall have and
enjoy all and every right and privilege Incl.
dent to corporate bodies, according to the laws
VIII. This Act shall be deemed nubl;c
Act, and shall continue of force for fourteen
years.
An Actto proui0e ./orMe Rct7cnaption Of B;us
Receioo6lc issued by tbs State.
!; Be it enacted by the Senate and House
OF Representatives, now met and sitting in