The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-04-20
ACTS OF THE LEGLSLATURE
Omcial.

AN ACT TO PROVIDE FOR THE APPOINTMENT OF
LAND COMMISSIONER, AND I'd DEFINE his
POWERS AND DUTIES.
House Of Represe atatives Of the State OF South
Carolina, now met and sitting in General AS
sembly, and by the authority Of the same.
That the Advisory Board hereinafter created
is hereby authorised and required to appoint
suitable person to be known as the Land Com
missioner of the State Of South Carolina; said
commissioner before entering upon the duties
State Of South Carolina written undertakino.
with good and Sufficient surety, in The penal
sum of twenty Thousand dollars, for the faith
ful discharge Of the duties Of his office; said un.
Board, and aled in tie once 81 the The secretoryy sory
Of State. His salary shall be at the rate Of two
s1o bas sad Lana am1"% wnae on duty
hold his Office at the pleasure Of the Advisory
Board, and, before entering upon the duties
OF his Office, shall take and subscribe the oath
two, Of the constitution, which oath shall be
filed in the Office OF the Secretary Of State.
SEQ. 8. That the Cover Tor. Comptroller
na asnerai state treasurer, Secretary Of State
be an ADVISORY Board to the Land Commits
slonsr; and said commissioner shall, in all the
duties imposed upon him by the provisions OF
this act, be governed by their instructions and
GEO. 4. That it shall be the duty OF the said
Land Commissioner to purchase or cause to
6e purchased, any lands in any portion ofthe
state, improved Or unimproved, at such price
as the said Advisory Board may determine.
not to exceed in the aggregate amount, in any
oae o. nsca! year, the par value of the public
stock OF this State created by the General AS
Sompiy for this purpose.
nSo 2. !he Treasurer of the State is hereby
1utnorlzed and directed to issue TO the Land
commissioners bonds Of this State in the ann
OF Two hundred thousand dollars. with con-
Isesss attached II in the opinions Of the said
ADVISORY Board so much be necessary. bearin0
alx per cent. interest,", the principal payable II,
IN the City OF New York, the bonds to be signed
by the Governor, ceuntersigned by the Corn.
troller- General, and the coupons 10 be siUnad
by the Treasurer Of the State; the faith and
credit OF the State is hereby pledged to the
payment OF tho principal and interest of said
bends; and sufficient amount Of taxes ia
hereby levied to pay the interest acsruiug on
said bonds annually.
SEQ. 6. AL lands purchased by said Land
Commissioner shall be sub-divided into sections
containing net less than TWENTY-FIVE nor moro
than enc hundred acres, to be sold to aCtuai
settlers. subject to the condition that one-half
thereof shall bo placed under cultivation within
that the purchaser shall annually pay interest
% tho rate OF six per cent. per aRnnna upon any
moneys remaining unpaid, and also Gil taxes
1nnp0sed thereon BY the authority OF the Uni
!Sd states or OF this State, and. In addition
Snereto, shall, in every year after the third
rom tn0 0Ate OF said purchase. nav one-fifth ar
xne prinotpal. The titles to said land shall re-
IAin IN the State until the amount of said nnr.
cnase enall be paid, principal and interest; but
e, ,Css1ncate OF such purchase shall be aaes ~s.a.
'ie ~ tnrec years from date thereof: Proyided.