The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1868-07-29

O. L o~
such committee NAV perform all the duties re-
| quired by law of the committee.
SEC. 9. The members OF the committee ap-
pointed by this act shall receive the same COM
pensation from the treasury for services and
Gravel required to be performed oy this act as
| is allowed to members OF the General as
sembly.
Sec. 10. All moneys which shall hereafter be
paid into the Circuit or Probate Courts Of the
State. or received BY the officers thereof in
causes pending therein, shall be immediately
deposited in son1e Incorporated State Bank or
National Bank within the circuit, OF good credit
and standing; or If there be no such bank with
in the circuit, then in such bank nearest to the
place Of holding the court, IN the name and to
| the credit of the court.
SEC. IL. No money deposited as aforesaid
shall be drawn from said banks, except by or
der of the Judge of said courts, respectively, in
term or in vacation, to be signed by such judge,
and to be entered and certified OF record by the
clerk. and every such order. shall state the
cause in or on account OF wmcn 1t 1s drawn
Provided, That money paid into court to be i'm
mediately paid out need not be so deposited,
but shall be paid upon the order Of the court.
SEC. r. II any clerk of such courts, or other
| officer thereof having received such moneys
as aforesaid, shall refuse or neglect to obey the
order of such court for depositng the same, as
aforesaid, such clerk or other ofhcer shall be
1OTtuNl1u plVCcSUSu dS olhSs " SsNNS~AASAAS ASA
contempt.
SEC. is. At each stated session Of said courts
the clerkr thereof shall present an account to
said cour; Of all moneys remsining therein, or
subjectto the order thereof, stating particular
" on account Of what cause or causes said mo-
neys are deposited, which account and the
vouchers thereof shall be fled In court.
The abeve bill, as you observe, is intended
to operate as check upon the Treasurer. the
Comptroller General and the Probate and Cir
cult Courts. Similar checks will be imposed
upon Sheriff, and other officers whose duty it
may be to handle the public money.
I likewise enclose to you avery remarkable
bill, which, although offered By Randolph (col-
ored,. ia understood to be inspired by B. g..
Pardee-a lobby member Of both houses, and
New York broker, fnancier and philanthro-
pist.
You will observe: 1. That the Land Com
mission embraces three Individuals. The first
of these will undoubtedly be B. &. Pardee; the
others are the Comptroller and Attorney Gen.
eral: Q. That our poor unfortunate people whose
lands may chance TO be sold out at auction for
the non-payment Of taxes, or for any other
cause. must receive as compensation therefor
the bonds or stock Of the State, and that the
Land Commissioners may compste with tn
scrip against the greenbacks Of other bidders,
al least to the extent OF seyenty-fves per cent.
of the value Of the lands. Put this happy con-
ception alongside that of Comptroller Neagle,
whose bill imposeda lien Of fodr dollars an acre
on cotton and rice lands, in default Of the pay
ment of tax of one cent. peEpound on cotton
and seven and half cents per bashel on rice, and
Won will sea how handsomely the two schemes
doyetail together, and promise a generous
speculation. 8. That the Treasurer, who con-
stitutes the fourth member OF the copartner-
ship, is to keep the books OF the concern, and
pass the interest and all other moneys receiv-
ed to the credit, not Of f,he State, but Of the
company, around whom is thrpTn no restriction
Whatever as to the useH11ade OF the funds.
4. After the lands have been Surveyed and laid
off the Attorney-General, in addition to his
other incomes, is to receive compensation for
examining the title and making the convey.
ance, and, in addition there:o, he is TO enjoy
the benefit Of an appropriation of - dol.
lars for his share Of The "current expenses" Of
the commission. Verify, there is much fat
ness in a Republican Office, especially with
Pine-street broker anywhere on the outskirts.
There may be merit in she proposition to
buy lands and resell them to the colored peo-
ple, or anybody else, for sum unnamed (that
is probably left to the commissioners on
credit Of ten years. 1t certainly is kind; but
there is something amazing in the GOODNESS
with which three officials are invested with the
control Of interests worth perhaps millions o
dollars, without pledge or restraint upon them
as fiduciary agents. But to the bill. The fol
lowing is the text:
| A BILL, to establish q Board of Commissioners O.
Pubic Lands, to define their powers and duties
and to authorize the issue OF ponds or stock fol
the purchasing Of lands.
Be II enacted by the House Of Represents
tives now met and sitting in General Assem-
| bly. and by the authority Of the same:
SECTION i. That there shall be established
| O board, to consist OF three commissioners, te
De known and designated as Commissioners
OF Public Lands; which board shall consist o.
Commissioner of Pubic Lands, who shall be
bly, and shall hold said Office Tor the term Of
| al four wears, and shall receive for his com.
pensston salary of - dollars per annum
and the Comptroller-G and Attorney.
General OF the State, who shall be eI ottclG
! members thereof The Commissioner OF Pub
lie lands, whose election is herein before pro-
vided for, shall possess all the qualifications
prescribed by the Constitution OF this State fol
all officers elected hereunder, and before en-
tering upon the duties Of lis Office shall take
and subscribe before the Governor, who shall
have authority to administer the same, the
official oath prescribed by said constitution.
Sec. q The Commissioners OF Public Lands
shall have authority, under ths regulations
provided in this Act and which shall hereafter
be provided by law, to purchase at public sales,
or otherwise, improved and unimproved real
| estate within this State, which, in the judS.
ment of said Commissioners, shall be suitable
| for the purpose intended by the fourth section
of this act; provided, that the aggregate
| amount of purchase made IN any fiscal year
shall not exceed the par value Of the public
stock or bonds of this State created and ap.
propriated BY the General Assembly for the
purpose contemplated in the fourth section Of
this act for such fiscal year; and provided
also, that the rate at which any purchase ehall
be made shall not exceed serenty.fi five (75l per
cent. of the value Of the lands go purchased, in
cluding the improvements thereon, such
provided by the fifth (5th) section OF this
ect.
Sec. 8. The Governor Of this State is hereby
authorized and required to issue bonds or
stock in the name Of the State, to be counter
signed by the Comptroller General, to the
amount OF - dollars, redeemable at the
Treasury of the State, that is to say, the said
bonds or stock to bear interest at six per cent.
per annum, payable semi-annually, at the