The Orangeburg news. [volume] (Orangeburg, S.C.) 1867-1875, 1868-03-07

tcfIal anonumentS:Sts4 p =, s. n
4 The 2sth, scstioa being Nsd1ier discussioa;1
the hour of aajournment arrived ,s HI
flls,noel !ssssioliif,- G eofge Wasliingtoal
Solomon Dil paid his conppliiaaents Np thccS|
oharlestqa 3eress,y for5 certain allusionslto his
personal character which were too true to be
agreeable
Moses moved a suspension Of tho rules to
prevent Dill from wasting che ti,no, Of the MS,
scmblagc, but the motion was lost. : -'-
Whittenore moved that unless certain gu
Bordipate officers who! were absent made good
excuses, others should bo elected in their
places. Adopted.
Section % Of tho Judiciary report, was
stricken out and sections 20 to 35 inccluu uussiSie
passed to third reading without material a..
tcration. Adjourned. ~ 80 sf'' o'.R Hf'r'!'
Ffi',,as,l o,atstpa icrJ 7spt
MONDAY, q x 1Dti 1SDotit,sni1a f.,,a,, =;
Nfornia9 Session Runion prayed, the ROLL
WAS called, and the minutes of Saturday read
and confirmed.
Gray obtained lcavo of absence, and Whip
per IN extension Of leave.
The Committee on franchise and Elections
were requested to report tomorrow.
Holmes, frona Special Committee submitted
favourable report on the following scheme
for robbins Peter to pay Paul, which was or
dcrcd to be printed and made the special order
for Wednesday at NJ:
An Ordinance TO Create q Board of Land
Commissioners. ,yaa
SEcroS1. 1t shall be the duty of the
General Assembly to provide for the establish
mcnt of Il board, to be known and designated
as Commissioners Of Public Lands, Of which
board the Comptroller General of the State
Snail be member, and to define the powers
and duties of said board, and fix the compensa-
tion Of the members thereof, and to provide for
the currcnt expenses thereof HsnE7
Section. .. the Commissioners Of Public
Lands shall have authority, under regulations
provided by law, to purchase at public s;iles, or
otherwise improved and unimprovcd rcal estate
within this State, which in the Judgment of
such Commissioners shall be suitable for tic
purpose intcn,lcd by the fourth section of this
article irorhlnl, That the aggregate amount
ofpurchasc made in any fiscal year Shall not
exceed the par value of the public stock Of tli;s
State created and appropriated by the General
Assembly for the purpose contemplated in tho
fourth section Of this article for such fiscal rear
lmpror''''rf also, That the rate at which anv
such purchase shall be made shall not exceed
scvcnty-Evc per cent of the value Of the land
so purchased including the improvements
thereon; such valuation to be asccrtainct iu the
manner hereinafter provided FOR by law.
Scctioli. 3. The General Assembly shall have
authority to Issue to said Commissioners public
stock QG,this State to such amount as it may
dcom oxpc,licnt; which stock. or tho proceeds
thereof, the Commiss ioncrs shall have authority
to apply in payment Of Iii purchases made in
accordance with the second section Of this
| article; Pf"tiie1 That such public stock shall
not be negotiated at ratio less than the par
value thereof.
Section. 4. The said Commissioners Shall
have authority, under such regulations rs shall
be established by the General Assembly to
cause the said lands to be surveyed and laid off
into suitable tracts, to be sold to actual settlers
subject to the condition that one half thereof
shall be placed under cultivation within throe
years from the date ofany such purchase; and
that the purchaser thereof shall annually pay
interest upon the amount of such purchase
money remaining unpaid at tho rate of seven
per cent. per annun,. Ard also all taxes i'm
posed thereon BY or under tho United States
or of this State; and in addition thereto shall
in every year after the third from the date of
said purchase, pay such proportion of the
principal of said purchase shall be required
BY the General Assembly. The titles to said
land shall remain in the State until the
amount of said purchase shall be paid principal
and interest. But certificate of such pur-
chase shall be issued to the purchaser, which,
subject to the condition of said purchase. shall
be resignable after three years from the date
thereof.
Section 5. All lands purchased by said com
mssoncrs, or the proceeds of the sales thereof,
shall be and remain pledged for the redemption
of the public stock issued under section Sd of
this Article But the General Assembly shall
have authority, subject to snch lien and pledge