The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1872-04-06

bilsh Its constitution, bylaws, rules and
regulations, not inconsistent with the
constitution or laws of this State, or of
the United State; and may acquire, hold
and enjoy 30 much real estate as may be
necessary for the erection of proper
buildings and Offices, not to exceed ten
acres, for carrying on and conducting
the business; and in the erection of its
Lodge room, may erect store rooms or
offices, in the lower stories thereof, and
rent out the same and collect the rent,
and hold or loan the same out, as the
Grand Lodge may desire, subject to
the regulations hereinafter prescribed.
SEQ. 2. That the said Grand Lodge
shall have power to collect it's revenue
and to apply the same, according to the
ancient custom of the order, or may loan
out the samo for the purpose of aiding
in benevolent enterprises, or for the
purpose Of accumulation: Provided,
That the funds in money, or chooses in
action. shall not exceed, in available
assets, the sum of fifty Thousand dollars
at any one time, and shall not be loaned
upon usurious interest, nor shall the
funds or accretions thereof be used
otherwise than for the payment of the
expenses OF the snid Grand Lodge and
for charitable purposes; and being thus
set apart, the same shall not be liable to
taxation.
Sec. 3. That oil contracts made, or
obligations assumed heretofore, which
are not inconsistent with the laws of the
land, by said Grand Lodge, be, and the
same nre hereby, made valid and bind
ing upon said Grand Lodge, as organ
lied under this charter, and the accept
ance of this charter hy resolution of
said Grand Lodge shall he all that is rc-
quired to complete its organization
under the same.
Sec. I. That the three principal
officers of each subordinate Lodge, un-
der tho jurisdiction of this Grand
Lodge, and their successors in Office, be,
and the same are hereby, created body
polite and corporate, SO far rs to enable
them, for each Of their respective
Lodges, to receive, hold apd enjoy, pos
sess and retain property, both real and
personal, not exceeding in value the sum
of twenty-five thousand dollars, and to
sell, alien or lease tho same in any man
ner deemed advisable by said subordi-
nate Lodges, and which said subordinate
Lodges shall bc. and aro hereby, incor.
porated by tho name specified in the
charter or dispensation granted by the
said Grand Lodge to each of them re-
spectively, which said charters or dis
pensations, whether granted heretofore
or hereafter by said GRIND Lodge, shall
be evidence of the fact of incorporation
under this Act, in any court of this
State, without further proof; and by
such name said subordinate Lodges NAV
sue and be sued, plead and be implcad-
ed, and do all things enjoined by the
said Grand Lodge, not inconsistent with
tho Constitution or laws Of the land, and
within the scope and purview of the
powers hereby conferred upon said
Grand Lodge; and tho said subordinate
Lodges, respectively. shnll retain their
said corporate powers SO long rs the said
Grand Lodge shall conlinus their le-
spectivo charters or dispcnsations, but
shall cease to possess any corporate cX-
istcncc when the charter or dispcnsation
shall have been revoked or taken away
by said Grand Lodge; and all the effects
Of such subordinate Lodge as may for
felt its charter or dispensation, shall l. c.
long to the said Grand Lodge; and each
subordinate Lodge shall have the same
powers, with respect to its assets, lis are
conferred by the second section of this
Act upon the Grand Lodge.
SEE. S. That the said Grand Lodge,
and such subordinate Lodge under lis
jurisdiction, shall have, respectively,
power to receive by gift, grant, contrac.,
devise or donation by will. subscription
or otherwise, any personal or real estate.
not exceeding in valuo Tho sum herein
above mentioned as the maximum of
their assets, respectively, and shall have
power to sell, alien or dispose of the
same; and no such gift, grant, contract
or devise, or donation by will, subscrip-
ton or otherwise, shall full by reason of
any mis-description in the name of such
corporation; and all contracts or ngroc-
ments which may have been lawfully
entered into by said subordinate Lodges,
under their organization heretofore,
shall be binding upon thom in their
several corporate capacities under this
Act; and the same may be enforced by
them respectively. and the property and
effects owned by them. being dedicated
to charitable purposes only, shall lie
exempt from taxation.
Sec. 6. BE IL (u,4hcr enacted, That this
Act shnll be deemed and taken ;.s IL pub
lie Act, and notice thereof shul be taken
in all the courts of justice and elsewhere
in this State, and shall be given in cv-
dence on any trinl Of any issne or cause,
without specially pleading.