The Greenville enterprise. [volume] (Greenville, S.C.) 1870-1873, 1871-04-05


the demands in that ONCE against such debtor
prior to the passage OF this Act shall DO con
sidered confirmed, unless objections to the
price at which said property had been sold
shall be made by any If the judgment credi
tors within three months from and after the
passage OF this Act; and, provided objection,
shall DO fled as specified In Section 2 Of this
Act, in such case tho Sheriff shalt proceed a,
directed In Sections 2 and 8 of this Act.
Sec. s. Be Il further enacted, That ell Acts
and parts of Acts, inconsistent with this Act
are hereby repealed.
Approved March z, 1871.
AN ACT TO CHARTER THE SOUTH
CAROLINA PHOSPHATE AND PHOS.
PHAT1C RlvERsMINING COMPANY,
IN THE STATE OF SOUTH CARROLL
Ma. AND TO GRANT TO TIE Per-
SONS THEREIN NAMED. AND TB EIR
ASSOCIATES, THE RIGHT TO DIG
AND NINE IN THE BEDS OF THE
NAVIGABLE STREAMS AND Wa
TERS OF THE STATE OF SOUTH
CAROLINA FOR PHOSPHATE ROCKS
AND PHOSPHATIC DEPOSITS.
Session J. BE it enacted by the Senate
aud Hous- OF Representatives OF the State
oi South Carolina, nov met and sitting in
General Assembly, and by the authority OF
the same, That the State Of South Carolina
does hereby give and grant TO the follow
ing re- sons. To ~i': X. B. Elliott, Rot ert
Sma!l'. W. j. Whirper, n b. Meyers. Lu.
cius Wimbush, W. b. Nash, s. A. Swsils,
IL. J. Maxwell. Jam, 8 u. Allen, w. ii.
Jones. ID. A. Bosemon, B. B,as, Edward
Mickey. (. Nehemins, W. II. Jrrv.y, J. N
Hayue, Timothy Hurley, Aus"n w. Thayer,
John b. Bates, J. @. Mayo. james NJ. Gro.
fut. f. J. Moses. Jr.. A J. Rausier, C. W.
Montgomery, b. F. Wh;uemore and n. A.
Sissop. and such other peraOns as they may
associate with them, the right to dig. mine
and remove, for the full term Of thirty
years, from the beds Of the nayipaLle
streams aud waters within the Jurisdiction
OF the State Of South Carolina. the phos.
ph"'e rocks and phosrha,ic deposits: Pro.
vided. That the persons named, and their
associst-s. shall not in any way interfere
with the free navigation Of the navugable
streams and waters OF this Stat-, or the pri
va'e rights Of any citizen or citizens resid-
ing upon or owning the lands upon the
banks Of the said uavigabie rivers and wa
ters "f the State.
Sec. 2. That this gift and grant is made
upon the express condition that said grant
e"s shall pay to the State Of South Carolina
the sum OF one a. dollar per ton for every
ton "f phosphate rock and phosphate de-
posts. dug. mined and removed from the
sail naviyabis rivers and waters of the
State: A"d further. That the said grantees
shall pay into the Treasury Of the State the
rum OF five hundred dollars 40 q license fee
before commencing business under ,aid
grant.
Sec. 3. Before commencing operation.
under authority Of thi. Act, said grantees
a"d their assoeia' e.. shalI file. or cause Ia
be filed, In the Office Of the State Auditor.
bond 10 the penal sum of fity>thou.and
($60.000) dollars. conditioned tha. .aio
gr"'et- aud their associates. shall make
true and faithful returns TO said State Au-
dii"r. annually, on or befnre the first day
o' October. aud oftrn"r il required by the
said State Auditor, OF the number of tons
Of phosphate rocks aud phospha,i. depos.
It's dug. mined aud removed by them from
the h.ds of the navigabIe str. aus and wa
'ers of the State, and rhail punctuaily pay
to the State Treasurer, annually, on tho
hrst day Of Oct"ber, one (l) dollar per ton
Tor every ton of phosphate rocks aud phos
ph"tie d-po-its by them dug. n ined and re-
moved from the beds OF the navigahI.
streams and waters Of the State. during tn.
year preceding; said bond to he renewed
annually. and approved by the Attorney
General. The book. OF said grantees and
Their associates shalt be open to the inspec
ton Of the State Auditor. or agent duly ap.
pointed by him Tor that purpose
See 4. That the capital stock Of said
Company shall consist OF two million.
(*l,0o0.0Oo) dols.., to lie divided into
shares OF ono hundred dollars each. with
the privilege Of Increasing the same to ao
amount not exceeding i've million dollar.
aud when tie sum Of three hundred thou
sand dollars shall have been .ubseribed. the
said Company may be organized aud 90 in.
to operation.
Sec. 8. That the profits Of said Company
may. from time TO time, be divii-d among
the stockholders according TO such rules
aud regulations ss they may prescribe. not
repngnant to the laws Of the State.
See. Q. That the stock OF said Company
may ie transferred ia such n.>nner ana
form as may be directed by the by laws Of
the Company.
See 2. The said Company shall be enii.
tied TO all the rights and privileges accord
ell TO other corporations incorporated by
the laws of this State: Provided. That no.
thing In this Act shall be construed as Civ,
Ing TO the said south Csroltus Phosphate
and Phosphate River Mining Company u q
exclusive right to dig add mire Ia the uavi-
gable rivers and waters 81 the State.
Sec. 8. All Acts and parts Of Acts incon.
'is:eat with this Act. are hereby repealed
loprnvel ths 10Th ~ ,f NJ -