The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1872-03-27


My spirit wanders free,
And forth on magic pini0ns speed
To wing it's way to thee;
And hov'ring near thy pillowed head
watch thy lips the while,
To hear perchauco my murmured name.
Or see thy dreaming smile; SAD
And then turn from thee to Him
Who rules the fate, OF men, a >
To breathe one prayer for thee and me-
"Sweet Spirit, meet me then."
''SwEEr SPIRIT, MEET NE THEM"
ban
Acts und Joint Renol lut ion Passed by the
General Assembly az South carolina.
Regular Session, 1871 q nd 1879.
An Aor RELATING TO THE BONDS OF THE
d. ~ sHa sTATE OF SOUTH CARoLINA.tSF
a Whereas bonds or obligationa.of this
State have been issued, from time to
time, to large amount, in accordance.
as was supposed by the officers issuing
the same, with the authority and provi-
aions Of certain Acts Of the General AS
sembly, including '.An Aot authorizing
loan TO redeem the obligations known
rs the bills receivable of the State of
South Carolina" appr oyed August 26,
1865; also, can Act to authorize State
loan to pny interest on the public debt"
approved August 26, 1868; also, '.An
Act to provide fer the appointment OF a
Land Com missioner, and to define his
powers and dnties," approved March 27,
1869; also, ''An Act to amend the last
named Act. and for other purposes, I"
approved March l, 1870; also. "An Act
to authorize loan for the relief Of the
Treasury, ,"approved February II, 1869;
also. ''An Act to provide for tue CONVEX
sion of State securities" approved
March %. 1869; and ''An Act to author
iLe the Financial Agent of the State OF
South Carolina, in the city OF New York,
to pledge State bonds as collateral secu-
xity. and for other. purposes, approved
March 26. 1869; which said bonds are
fully stated and set forth in report
nude by the Treasurer of the State to
the General Assembly, dated October 81,
1871; and whereas doubts have arisen
whether said issues were in strict con-
formity to the provisions of the said
several Acts under which they were re-
speosively issued; and whereas it was
tho true intent and meaning Of the seve-
raj Acts above set forth that such issues
OF bonds or obligations should be made
an the manner in which the same have
been made, as aforesaid; and whereas,
also, doubts have been raised as to the
validity OF some of the bonds mentioned
in the said annual report of the State
Treasurer, for the fiscai year ending with
October 81, 1871, although money has
been borrowed by, or realized out of,
said bonds ON account of this State: and
whereas the credit OF this State has been
affected thereby;
SECTION l. Be it enacted by the Senate
and House ef Representatives o. The Slute
Of South Carolina, no,c met and siNing in
General Assembly. and by The authority 0f
tho Same, That the said bonds and obli-
cations, issued on behalf Of this State,
as mentioned and set forth in the report
of the Treasurer of this State to the
General Assembly, dated October 81,
1871, were duly and lawfully issued in
conformity with the true intent and
meaning of the several Acts of the
General Assembly. hereinbefore set forth
by their respective titlos.
SEQ. 2. That the acts Of tho officers of
this Stats, authorized under the provi-
sions of the laws Of this State, and of
the several Acts hereinbefore referred to,
TO the extent of all issues Of bonds or
obligations enumerated and set forth in
the said report OF the Treasurer, be, and
are hereby, in nil things, ratified, con-
hrmed aud established.
SEQ. 3. That each and oil Of the bonds
named in said annual report of the Trea-
surer of this State for the iiscal year
ending with October 81, 1871, be, and
the same are. hereby, declared to be
legal and valid bonds Of the State OF
South Carolina, for the payment OF
which the faith, credit and funds of the
State have been, and are hereby,
pledged: Pronided. That no bonds be
ancluded which arc not registered in the
Treasury at the time.of the passage OF
this Act, as providnd for in Section IA.
frticle TX, OF the Constitution, relating
10 finance and taxation.
SEQ. IA. The section OF each OF tho
Acts under which said bonds purport 10
be Issued, which provides for On annual
tax TO pay the interest. ia hereby do
clnred to be part Of this Act; IN annual
tax. in addition to all other taxes, shall
be levied upon tho property of the State
sufficient to pay the interest on tho