The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1871-04-07

SO Talseu Sildii DE dpplleu W lhC uSS VI
said town. The said Town Council shall
have the power to enforce the payment
of all taxes levied by the said Town
Council, to the same extent, and III the
same manner, as is now or hereafter
shall be, provided by law for the collec-
ton OF the general State taxes.
SEC. II. That all public property,
which was formerly under II control
of the Town Council of Hamburg, shall
again revert to the Town Council elect
ed under this Act: Provided, such prop
erty is in the corporate limits of said
town, and intended for public use.
SEC. II. That the said 1ntendant and
Wardens in person, or any one of them,
may authorize. and require any Marshal
or any Constable especially appointed
for that purpose, to arrest and commit
to the guard house, (Which the said
Town Council are hereby authorized
to establish, y or to the Jail of Edgefieid
County, for q term not exceeding five
days, any person or persons who,
within the corporate limits of said town,
may be aged in breach of the
peace, any riotous or disorderly conduct,
open obscenity, public drum kennness,
or any conduct grossly indecent, or
dangerous to the citizens of said town,
or any Of them.
SEC. Is. That the Town Council shall,
within one moGthafter the expiration
of their term ofottice, make out and
return to their successors full account
of their receipts and expenditures during
their term; and shall pay over all
moneys in their possession belonging to
the Corporations, also, deliver up all
books, records, and other papers Incl
dent 10 their office, to their successors /;
and on failure to do so, shall be liable
to fine not exceeding two hundred
(2OO) dollars, to be collected by any
proper action by the Town Council.
SEC. IA. That this Act shall be deem
ed public Act, and shall continue III
force tor twcnty-one years, and Until the
end of the session OF the General Assem-
bly of this State then next following ;
and all Acts of interpretations, or
amendments thereof, repugnant OF
conflicting with this Act, are hereby
repealed.
Approved February Is, 1871.
AN ACT to Incorporate the Saving,
B4uding and Loan association 0,
South Carolina.
SECTION l. Be it enacted by the Sell
ate and House Of Representatives OF the
State Of South Carolina, now met and
sitting in General Assembly, and by tire
authority of the same, That II. x. Sas-
rortas, A. J. Ransier, F. H. Frost, w.
Fl. Jones, Jr., S. A.. Swails, B. A. Bose'
mon, Jr., NJ. j. Hirsch, W. B. Nash,
Il. d. Mcdowell, w. J. Whipper, J. H.
Rainey and Lucius Wimbush, together
with such other persons who now are,
or hereafter may be, associated with
them, he, and they are hereby. incor,
porated and declared a body polite and
corporate, under the name and style OF
the Saving, Building and Loan Associ-
alton of South Carolina" for the pur..
lose of buying and selling real and
personal property, and making loans OF
money, secured by mortgage OF real
and personal property. .
SEC. 2. That the capital of said corpor.
alton shall be twenty-five thousand
dollars, and consist of twenty-five %
shares, to be paid in successive weekly
installments on each share, 50 long as
the corporation. shall continue, or by
such other contributions as shall be as
sessed and required by all unanimou:
vote of all the shareholders, the sale
shares to he held, transferred, assigned
and pledged, and also to be liable to be
forfeited to the corporation, and the
holders thereof to be such fines and for
FIXTURES for violation of the constitution
rules and bylaws, and for default o
payment of the said contribution, a:
may be prescribed by the constitution
rules and bylaws of said corporation
md, moreover, the said shares to bt
disposed of at the death, resignation ol
removal from the State of any share
made in such manner as may be pre-
scribed by the said constitution, rules
and bylaws. :,
SEC. 8. That the said corporation shall
have such number and succession Of OH.
GERS and members as shall he ordained
and chosen, according 10 the constitu'
ton, rules and bylaws, as are not re
puenant to the Constitution and laws OF
the land; shall have and keep com
mon seal, and alter the same at will
shall sue and be sued, plead and be i'm
pleaded, in any Court of law and equity
in this State; and shall have and ENJOY
all and every. right and privilege incl
dent and belonging to corporate bodies
SEC. 4. That the funds of the said cor
poration may be invested in such prop
erty, real or personal, and securities
public or private, loaned to shurehoid'
ers and members, or other persons ol
corporations, on such securities, i'll such
mode, on such terms, under such condi'
tons, and subject to such regulations a:
may be, from time to time, prescribed
by the constitution, rules and bylaws
of the said corporation and that it shall
and may be, lawful for the said corpor-
alton to take and hold such lands, tene.
ments, hereditaments and personal
property, bonds, stocks, public and pri,
vate, and chooses in action, as they shall
acquire by purchase, devise, bequest
Gift, assignment or otherwise, to take
and hold such lands, tenementss hercdi
taments and personal property. ant
such stocks and bonds, public or private
or chooses in action, as shall be mort
gagged, conveyed, assigned or pledged: IL
it, by way OF security upon its loans o.
advances, or purchased ut sales thereof
and to sell, alien, transfer, or otherwise
DISPOSE of the same, as, from tlme Il
time, the said corporation may deeE
eXpedient. .-.- 49,.
SEC. S. That, semi-annually, on thu
first days of January and July, there
shall be divided, amongst the stock
holders of the said corporation, the
profits accruing from the INVESTMENT,
SEC, 6. That this Act shall br taker
and deemed public Act, and that th'
same may be given in evidence withou
being specially pleaded ,o-,
Approved February %, 1871.
AN ACT to P'oridc for the Construction
and Repair Of Pubhc H'ghsgays: ~,
SECTION /. Be it enacted by tn
Senate aud House of. Representative:
of the State of South Carolina, now me-
and sitting III General assembly, iy,t al. an,
by the authority Of the same, That nm
medately after the passage Of this Act
the County Commissions OF the severa
Counties shall divide their Counties int
highway districts, each district to con
tain not less than ten miles of publi'