The southern enterprise. [volume] (Greenville, S.C.) 1854-1870, 1869-04-28

GKEENNlLLE. SOUTH
ANAGTto to provids for tho ap.r
Pointmsnt of a Land Gonanase
sionsr, and 70 ds,fas Ais posoers
and dusies. 81
SRcrIoy I. BE IL enacted 6v the
Senate, and House pf .Representa-
ts0es Of tic State of South Carols
,sa, s,oso met and sitting IN Gene
raj assembly, and by tie d,lthor.
tty of tie same, That the Advisory
Board hereinafter created, is here.
by authorized and required to ap-
point suitable person to be known
M the Land Commissioners of the
State Of South Carolina !; said Com
missioner, before entering upon
the duties of his office shall execute
to the people Of the State Of South
Carolina a written undertaking,
with good and sufficient surety, in
the penal sum of twenty thousand
dollars, for the faithful discharge
of the duties of lis office said un-
dertaking to be approved by the
Advisory Board aud filed in the
Office of the Secretary of State
His salary shall be at the rate of
two Thousand dollars per annum
while on duty. 10" .
SEo. Q. That said Land Com
missioner shall 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 prescribed
in the thirtietb Section of Article
II of the Constitution, which oatli
shall be filed in the office If the
Secretary OF State.
Sro. 3 That the Govern or,
Comptroller. General, State Treas
nrer, Secretary of State and Attor-
ney. General are hereby declared
to be an Advisory Board to the
Land Commissioner; and said
Commissioner shall, in all the du.
ties imposed upon him By the pro-
Visions of this Act, he governed
by their instructions and advice.
$40. 4. That il shall. lie the duty
of The said Land Commissioner to
purchase, or causc to be purchased,
any lands in any portion Of the
State, improved or unimprnved, at
such price as the said Advisory
Board may determine, not to ex.
ceed in the aggregate amount, in
any one fiscal year, the par value
"f the public stock of this State
created by the General Assembly
for this purpose. .r. "a. 49,.
$50. s. lhe Treasurer of the
State is hereby authorized and di
rected to issue to the Land Com
missioner bonds of this State in
the SUN of two hundred thousand
dollars, with coupons attached, if
in the opinions Of the said Advisory
Board 80 much be necessary, bear
ing six per cent. interest, the prin
cipal payable in twenty years, at
the financial agency ut this Stale,
in the city of New York, the
bonds to be signed by the Gov.
ernor, countersigned by the Comp
troller General, and the coupons 10
be signed by the Treasurer of the
State; the faith and credit of the
State is hereby pledged to the
payment Of the principal and in
terest of said bonds; and a suffi
cient amonnt of taxes is hereby
levied to pay the interest accruing
on said bonds annually.
SIC. 6. All land purchased by
said Land Commissioner shall be
sub-divided into sections con ain.
ing not less than twenty-five nor
more than one hundred acres, to
be sold TO actual settlers, subject
to the condition that ono half there
Of shall be placed under cnltiva-
tion within rive years from the
date Of such purchase, and that
the purchaser shall annually pay
interest at the rate of six per cent.
per annum upnn any moneys re.
manning unpaid, and also all taxes
imposed thereon by the authority
OF the United States or IF this
State, and, in addition thereto.
shall, in every year after the third
from the date of said purchase,
pay one fifth of the principal
The titles to said land shall remain
in the State until the amount Of
said purchase shall be paid, prin.
cipal and interest ; but a certiti.
cate of such purchase shall be as
signable at three years from date
thereof: Provided, That in every
case when n person purchases
more than one section of fifty