The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1870-05-05

owned by the society, granted to settlers and
reclaimed as abandoned by them; records OF all
immigrants settled upon the lands OIL tne society.
with Statistics of arrivals and removals, names
of families, with their numbers, sexes and ages on
arrival and in general all information necessary
or useful for the full accomplishment OF the OBJ.
jects of the society.
and represent the society in the central board.
g. Such other officers as may be in time required
to administer the Increased business OF the So
cIety.
SEC. a. Meetings-Quorums-P The So
cicty shall have an annual meeting on the -
Wednesday Of -, and such otner general
meetings as may be called by the board OF man
agement, or by any ten members uniting for
that purpose, after thirty days, notice posted In
the usual places of county bulletins and adyer-
tsements. or published in the county newspaper.
over by a member elected as chairman by ballot
or gira Uoce. Ten members demanding the bal.
lot shall cause that mode of election to be adopted
In preparation for the meeting lists OF members
shall be prepared by the authority calling the
meeting, showing the number OF votes that each
member is entitled to- and copies OF such list shall
be posted conspicuously in the place OF meeting.
Members present. representing IN person or by
proxy majority OF all the shares, shall consti-
tute quorum for the transaction OF all business.
A majority of the shares represented shall decide
all questions except questions REARING 10 amend
ments OF the constitution, which snail require the
affirmative vote OF majority OF all the shares In
the society, and questions relating to amendments
OF the bylaws, which shall require the Affirmative
vote of two-thirds of the shares represented, 4
Proxies shall be given in the usual form, sign
ed by the shareholder and witnessed but no
proxy shall be valid for more than one year. ANY
persOn, even though not shareholder, may act
as proxy for one or more sharehoiaers, ana IN ms
quality of proxy may attend meetings, serve on
committees, take part In debates, and vote.
ARTICLE 3-SECTIoN l. Capital Stock.
The capital stock of this society shall be -
Thousand dollars. the company reservlng the right
to increase Its capital by amendments TO this con-
stitutlon.
SEC. q Shares
The capital stock shall be divided into =
shares, of fifty dollars each, certificates for
which sha!l be issued by the register, counter
signed by the president, to oil suoscrloers upon
payment OF their subscriptions either lr money
or In lands. Where lands are received IN nj.
ment Of subscriptions, they shall he estimated
according 10 tic ts s.se valuation for taxation,
except In cases OF fraud or manifest mistake,
when special assessment may be agreed upon
between the subscriber and the society. Provided
always that no lands be received having any de-
feet OF title, or burdened with any membranes
whatsoever, and provided also, that the society
have power to reject any lands onered In pay
ment Of subscription, In which case the su6scr-
ber shall be released from his obligation and the
subscription cancelled.
shares shall be valid untii made on the books OF
the register, and o new certificate Is issued.
No transfer shall be made OF stock Issued for
land which may be discovered after such issue,
fer books shall be closed for thirty days before
every general meeting OF the society
ARTICLE 4-SECTIoN l. Disposition OF Lands
1t shall be the duty Of the board OF management
TO cause all the lands OF the society 70 De divided
up Into farms OF convenient size, and 80 located
as to distribute as impartially as possible adyan-
tages of soil, slope, irrigation and accessibility
among the farms. To make roads and bridges
when necessary to preserve such impartlallty,
and to provide as far as possible for an impartial
distribution OF lands containing fuel To make
plats OF all the lands OF the society, exhibiting
the forms and dimensions ofihc farms and deSig-
mating each farm by number, the numbers run
ming cOnsecutiyely from north to south, and from
east to west.
This being done. all farms designated by odd
numbers shall be set apart for settlement by i'm
migrants on these terms:
Ist. The proposed settler must be twenty years
of age or over, and free from such mental or
physical defects as might incapacltate him for
ser.support. Where family or number OF
single persons occupy farm, 1t Will only be
demanded that the head of the family or or the
party fulfil this condition.
ed. All such settlers will be granted farms free
OF cost. the size and location OF the farm to be
that the settlers arriving together shall have prl
orisy OF choice, according to the numbers and
ages OF the persons composing each family or
party uniting In the occupancy OF single larm
when the numbers are equal, priority to be settled
by the ages OF the persons composing them.
3D. All! farms thus settled shall be granted to
nesseI rs and recordsd in the sole cSnSs.oa ana
consideration that the land he not deserted or
abandoned within ten years from the uate OF tne
grant On failure OF the consideration the deed
10 be void and the land to revert to the society,
otherwise the title to vest absolutely In the set
tier his heirs or assigns, at the expiration OF the
ten years.
be retained as the property OF the society, and
may be farmed leased or sold, as the society may
from time totime determine.
SEC 2. The society may at any time, either oy
specific resolves or by delegation OF general
discretionary authority to the board OF manage
ment provide for the sale OF lands or other prop
erty, and the Investment OF the money thus real.
lied, or OF any other funds in hand, In other
lands or in buildings, or in the construction OF
roads, dams, bridges, canals or rallroads, or III
the purchase OF animals or machinery, or vessels,
or shares In mining manufacturing or tr0nspor-
tatlon companies, including raliroau' canat anu
transatlantic steamship companies.
SEC. 8. Dlyldends-Dlssolution.
The board OF management may ut any time,
distribute surplus earnings, or any part Thereon,
among the shareholders as dividends.
After all the lands set apart for immigrants are
disposed OF, as hereinbcfore provided, or railing
that, any time after the expiration Of twenty
dissolved by the vote OF a majority OF all It's
shares. The 1nodc Of winding up to be deter
mined by the authority deCreelng tue dissolution.
ARTICLE 5-Debts No officer OF agent OF this So
cety shall incur any debt or liability for the soce-
ty, nor shall any promissory notes or acCeptances
or engagements To pay money be binding upon
the corporation. Provided, always. that the so.
ciety may authorize the issue OF bonds. q ma
jOrlty Of all the shares concurrtng.
[AprENDIx "3.''
REroRT OF TIE GERMAN SOCIETY DELEGATION.
The delegation from the German Society Of
South Carolina having been requested by the CON-
mittees OF the Chamber or Commerce, South Caro-.
lima Railroad and Board Of Trade, ut the meeting
held at the Board OF Trade rooms on Saturday
evening, April 80, to prepare brtel statement OF
facts In connection with the subject OF immlgra-
ton, for the use OF any committee OF the May Con.
veution that may desire the same, ask leaVe 70
submit the following.
The society which they represent was rounded
not for the purpose OF importing emigrants.
They remind their cOuntrymen Of the Old German
proyerb "remaln In your own country and sup
port yourself honestly ~ but at the same time the
object OF the association Is charitable and hu-
name to assist with money, advice and other
those who may come hither to seek new home
1t appears to US that In order to induce lmmi-
grafton, and by Immigration we mean not the
coming OF few individuals, but the regular and
continuous course OF travel OF those from foreign
countries seeking settlement in oil parts OF this,
similar to that which is now taking place by way
of New York and Baltimore. 1t Is necessary TO
bear in mind the following facts:
l. The man who emlgrates lrom europe 10
America has whole continent in which to select
his new home, and naturally be VIII go Wnere the
greatest inducements are offered.
. Ii iy therefore, or the greatest importance 10
offer these inducements. first by furnishing the