The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1872-03-13

in book kept for that purpose, of all
the proceedings thereof; to take charge
OF all papers belonging to the Council,
and to lodge with the proper officers ali
summonses, executions, etc., and receive
returns; to keep regular account OF all
receipts and disbursements, which &C.
counts shall, at all times, be accessible
to the Intendant and Wardens; and it
shall be his duty to make an official
sem1-annual report to the Council of the
state OF his accounts, ut which time the
doors OF the Council room shall be open
to all the citizens of said town; and
which reports shall be regularly entered
in book kept for that purpose He
shall attend to tho publication of all or
dlnances and other documents ordered
BY Council to be published. He shall
hold his Office for such term aa Council
may prescribe, not. however, exceeding
one year. and shall receive such compen.
setlon for his services as Council may
enact: Provided, That he may bo re.
moved from his Office at the pleasure of
the said Town Council, and before en-
terlng upoa the duties of his Office, be
snail give bond, in the penal sum of five
hundred dollars, for the faithful dis.
charge of the same.
SEQ. IA. Each Town Council shall,
within one month after tho expiration of
their term OF Office, 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 tho corpo-
ration, and deliver up all books. records
ov a. o3
their successors; and, on failure to do
80, they shall be liable to be fined in a
sum not exceeding one hundred dollars.
to be collected in any proper action by
the Town Council.
SEQ. Is. That said Town Council shall
have power to lay out and arrange all
treets and roads within said corporate
limits, as the public good may REQUIRE:
Prooided. The land of no party or par
ties shall be taken or appropriated for
such purposes without compensation. as
now required by the law for condemned
lands.
SEQ. 16. That the Town Council shall
have power to levy town tax on all as
sessed property within the limits of said
town, for the year 1872, immediately
after the passage Of this Act, and pro.
ceed to collect the tax thereon the fol-
lowing month.
Approved March 4, 1872.
AN ACT TO INCORPORATE THE PRoyIpRNr
LAND AND REAL ESTATE COMPANY. OF
CHARLESTON, SOUTH CAROLINA.
SECTION l. BE it enacted 6y tie Senate
and House Of Representatives Of The State
Of Souh Carolina, noeo met and siNin0 in
General Assembly. and by Me authoriiy of
Me same. That benjamin 81. Hoyt, TGos.
A: Davis, Aaron Logan, N. Il. Spencer,
w. Il. Jervey, S. e. Gaillard, Isaac
Reed, d. W. Thompson, p. P. Hedges
ana Is. A. Bosemon, Jr., and their asso.
ciates and successors, are hereby made
and created body polite and corporate.
under the name and style of .'The Pro-
vident Land and Real Estate Company.
OF Charleston, South Carolina"
SEQ. z. And said corporation shall
have power to make bylaws, not repug-
nant to the laws Of the land: and ehall
have succession of officers and members
according to their elections; and to keep
and use common seal, the same to alter
at will; to sue and be sued in any court
IN this State; to have and enjoy every
right, power and privilege incident to
such corporation; and it is hereby en-
powered to acquire, retain and enioy all
such property, real and personal, as may
be given or bequeathed to or purchased
by it, and to sell, convey or mortgage
the same. or any part thereof, at will.
SEQ. 3. That said corporation may.
from time to time, invest their MONEYS.
assets or any property which it may
acquire, In such real and personal pro-
paTty, bonds, stocks. or ii sureties, in
such Sums, and on such terms and con-
ditions, as it may deem proper; and to
execute bonds, &C., under it's corporate
seal: Prorided. That the maximum value
of all property held and owned by said
corporation shall not exceed twenty-five
Thousand (25.O00) dollars.
SEC. 4. This Act to continue in force
until repealed
Approved March 4. 1872.
AN ACT TO INCORPORATE THE CHARLESTON
JOINT STOCK COMPANY, Eth. STATE or
SOUTH CAROLINA, FOR THE BENEFIT OF
THE STATE ORPHAN ASYLUM.
SECTION l. Be ii enacietl bv The Sena.e
and House Of Representatives of The State
or iS0ufH Carolina. nom met 0ufi s;U;u1 =,