Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1871-07-07
Acts and Joint Resolutions Passed by the
Legislature--SessiUn 1870 and 1871.
IOFFIUIAL.l

ES,-ss ss ~ y. lOrcANlAL.J
: IN SAot to Establish the Charleston Charita
bio Association, ofthe State of South Caro-.
Fund.
and House of Representatives of the State
Of South Carolina, now mot and sitting IN
General Assembly, and by the authority Of
That II. II. Willoughby, +. II. Frost, j. p.
Of South Carolina, and their associates or part.
ners, shall have tho full right, and are horcby
authorized, to form themselves into partner.
ship association, to 30 known uadcr the name
aud style of r. II. Willoughby aud Company,
or suoh other names as they may now or here.
aftor assume
SEQ. 2. That all the rights Of corporations
known as banks bo, and the same are hereby,
vested in tho said firm, for the purpose Of
loaning out money on interest, purchasing and
perty; and they shall have the same rights
institutions Of this State; they shall also
have tho right to dispose Of any aud all such
property, real, personal or mixed, that they
on suoh conditions, as tho said firm or asso-
citation may deem fit and proper aud to tho
advantage of said firm, and to promote the
interest of the said School Fund Of the State
Of South Carolina
Sec. 3. Bo it further enacted, That, before
commencing business under the provisions
OF this Act, SAID hrm shaIl pay, or cause to be
PAID, into the hands OF the State Superlntend.
ent OF Education, the sum OF one thousand
dollars, Sl,ooo,) to DC used for the benefit
OF the tree schools OF South Carolina, and an
nually thereafter Ike amount, tor the term
OF ten years, or 80 long as SAID partnership
ohall choose to 40 business, 1t being under
stood and agreed that said payment OF one
thousand dollars per annum by SAID associa-
ton IS the consideration upon which the privi-
loge OF incorporation herein IS granted; and
Whenever SAID company. or frm, or assoca'
non' snail fa'i TO pay SAD consideration, then
their llght to transact business shall cease
SEC. 4. That the ASSOCIATION, company or
urn Incorporated ana established oy tins act
saai' nave ,ui' power ana are ncreoy author-
'Seu 70 estaD,isn agencies sthfoughout theStn
H.o' o. 1hao thls Act shal' De OF lorce IN
mcalatciy on ana alter itS passage
Approved March 8, lo'l.
AN Aoe 10 reiease the lien or the state upon
loe OF 'aha IN tne city OF charleston,
umneo Dy the oouth Oaroiina institute ior
INC Promo!lon OF art, mechanical ingenuity
auo ihous'ry' ana tako similar icn upon
Wv nom nan ercctco ny saAo oouth carroll
na Anstltu'c'
SECTION l. Bo 1t enacted by the Senate
aud House of Representatives of the State
OF South Carolina, now met and sitting in
General Assembly, and by tho authority of
the same
!. That tho lien of the State of South Caro-.
lima upon the sum of ton thousand dollars,
appropriated by the act of the General AS
semply. entitled IAN act to make approrria-
tions for the year commencing in October,
lied on 10th of December, 1852, be, and the
same Is hereby, released, and the comptroI.
iergcnerai Is hereby directed to cntor salts.
faction upon the mortgage Of the lot of land
s'uato on .h1 NJ, east sido OF meeting street, IN
INC n 1i1y ot charleston cxccutcd oy inc south
Oa,oliha 1,s!'tuee lor inc Promotion OF art,
nnec"anlca' M ingenuity ana industry, to wa,
nam !, Laval treasurer OF the lover division or
inc otato OF south Caro,'na' to secure the
salo apProprla!,on rro',ded, however, lhat
,uo ci.y counc'l Q! Charlcston sna'l also re-
ioaso ''s c'ai'h against Inc ocu'h Oaroilha n,
:s'1u'o ior 'no Promollon Q, art, mochanlcai
amsenulty mit ana lndussry: IroVidcd' iurtner,
nav inc sala loS DC sofa at puoI!c auct'cn'
al'cr tcn Gay hoelce' puonshed IN the daily