The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-04-20
lots OF TIE LEGISLATURE.
ORcinI.

An Acr 10 PROVIDE FOB THE APPOINTMENT OF
: X. LAND COMMISSIONERS, AND I'd DEFINE BIS
TOWERS And DUTIES.
g 8nGqoN L Be il enacted by the Senate and
House Of Represe natives OF the State OF Soutn
Carolina, now met and sitting in General AS
sembly, and by the authority Of the same;
Is hereby authorized and required to appoint
-suitsbieperson to be known as the Land Com
missioner Of the State OF South Carolina; said
commissioner before entering upon the duties
Of his Office shall execute to the people OF the
State OF South Carolina written undertaking,
/, with good and Sufficient surety, in The penal
sum Of twenty thousand dollars, for the faith
ful discharge Of the duties CT his office; said un-
dertaking to be approved BY the Advisory
Board, and fled in the ofsoe Of the Secretary
of State. His salary shall be at the rate OF two
thousand dollars per annum while on duty. ;,
SEo..2 That said Land Commissioner 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 thirtieth section OF article
two, Of the constitution, which oath shall be
fled in the Office OF the Secretary Of State.
SKc. s. That the Cover lor, Comptroller
General. State Treasurer, Secretary Of State
and Attorney General are hereby declared to
be an Advisory Board to the Land Commis-
Boner; and said commissioner shall, In all the
duties imposed upon him by the provisions OF
this act, be governed by their instructions and
a6yioen ..,
- SEQ, 4. That it shall be the duty Of the said
Land Commissioner to purchase, or cause 70
be purchased, any lands in any portion OF the
State, improved or unimproved, at such price
as the said Advisory Board may determine,
not to exceed in the aggregate amount, IN any
one fiscal year, the par value Of the public
stock Of this State created by the { heral AS
sembly for this purpose.
SEC S. The Treasurer of the State is hercpy
authorized and directed to issue to the Land
Commissioner bonds Of this State iu the sum
OF two hundred thousand dollars, with cou-
pons attached, if in the opinions of the said
Advisory Board 30 much be necessary, bearing
six per cent. interest, the principal payable il
twenty wears, at the financial agency Of this State
In the City OF New ork, the bonds to be signed
b7 the Governor ceuntersigned by the Comp
iyoljer. General and the coupons to be signed
by the Treasurer of the State; tho faith and
credit OK the Stale is hereby pledged to the
raymert Of the principal and interest OF said
bonds: and q sufficient amount OF taxes is
hereby levied to pay the interest acsrulng on
said bonds annually.
Srn. &. AN lands purchased by said Land
comnaissioner shall be sub-diyided into sections
Containing not less than twenty-five nor more
than enc hundred acres, to be solo 10 ac.uas ~
sa.slers,; subject to the condition tnat one.nal
thereof shall be placed under ard
aVo T68TS HOu1 tu0 odtO VA SSSA.
I that the purchaser shall annually pay interest Z It
at the rate Of six per cent. per annqm upon I any
moneys remaining unpaid, and also a. all taxes Ak;
imposed thereon by the authority OF .ne dai,inn Ga
ted States Oh Of this State, and, ID adoit!o9
thereto, the c shall, in every year after the third
from the date Of said purchase, pay one;hfth OF
the principal. The titles to said land shall re-
main in the State until the amount OF said pur-
chase shall be paid, principal and interest; but
a Certificate Of such purchase shall be assgna-
L1e Of three years from date thereof: Provided,