The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1872-03-24

chase OF any frRnchiee or Corporation.
SEQ. That the baid Mayor and AL
dermen are hereby prohibited from in
creasing the debt of the city of Coium-
bia. beyond thesu mentioned in the
first section of this, Act. and upon any
attempt being made 80 to do. any bond
holder or corporate taxpayer shall have
his action to enjein the said Mayor and,
Aldermen from so dbino. q
/ SEQ. 8. That Baid Mayor and. ALDER
men shall cause the provisions 81 this
ACT, or on accurate abstract thereof, to
be printed on the back of each bond,
and on the face of each bond, it shall be
expressed that the same is Issued under
the authority of this Act. ~ liiA i
! SEQ. 8. That iii the Mayor and Al
dermen OF the city'of Columbia, or any
officer thereof, shall privately or fraudu-
lently issue any Of said bonds, he shall
be adjudged guilty OF felony, and, upon
conviction, shall be punished by fine
and imprisonment at the discretion OF the
court. , snt. ,.;g.I
SEQ. 10. That, upon the completion
said Mayor and Aldermen shall, at once,
by ordinance, make provision for a sink.
ing fund, to be based upon the net
annual income derived from such parts
OF the said City Hall as may be leased
from them, the proceeds OF which sink
ing fund shall be solemnly set apart for
the payment of the debt and the inte-
rest thereon contracted in the erection
Of the said City Hail. And in case the
said Mayor and Aldermen shall neglect
90 to- do, it shall be lawful for any ten
citizens Of Columbia, being Taxpayers,
to have an action, on behalf of them
selves and all other Taxpayers OF the
said city, to compel the said Mayor and
Aldermen to establish such sinking
fund, end to restrain them from using
or appropriating the said income in any
other way or to any other purpose than
that herein declared.
SEQ. IL. That all Acts or parts OF Acts,
heretofore passed and now of force, au-
thorizing the Mayor and Aldermen of
the city of Columbia to borrow money
upon the bonds thereof. or by issuing
the stock thereof, be, and the same are
hereby, repealed.
Approved March Is, 1872.
AN ACT RELATING TO THE FINANCIAL AGENT
OF THE STATE OF SOUTH CAROLINA IN
THE CITY OF NEW YORK.
SECrIoN l. Be il endcted by the Senate
and House Of Representatives of The State
of SouM Carolina, ,,oW met and sitting in
Genera! Assembly. and by the authority of
the same, That the Financial Board of
this State is hereby authorized and re.
quired forthwith to adjust and settle the
claims, demands and accounts, and all or
any matters of difference relating to the
Financial Agent of this State. in the
oity Of New York, and to receive any
balance which, on adjustment, may be
found to be owing to this State by the
said FiDnncial Agent. or for which said
Financial Agent may be, or become, liza
bic to this State; also, for oil property
or effects belonging to this State, now
III. or which may hereafter come into the
possession of said Financial Agent, or
any part or parts thereof; and upon the
due payment and satisfaction, on the
part Of said Financial Agent, OF any de-
mand arising on such settlement or
adjustment, to execute and deliver TO
him ~ full release and discharge for all
liability to this State by reason of any
matter or thing done in the course Of
such Financial Agency. That said FL
naDcial Board shnll render q statement
Of the settlement with the Financial
Agency to the Comptroller General of
the State thirty days prior to the meet.
ing OF the next General Assembly.
SEC O. That this Act shall take effect
Immediately.
Approved March 13, 1872.
AN ACT TO PROVIDE FOR GENERAL AND sPR-
DIAL ELECTIONS. AND THE MANNER OF
CONDUCTING THE SAME.
SECTION l. Be i: enacied by The Senate
and House Of Representatives. Of the State
of South Carolina, no,o met and sitting in
General Assembly, and by The authority Of
The same. That all general and special
elections. held pursuant to the Consti-
tuition of this State, shall be regulated
and conducted according to the rules,
principles and provisions herein pre-
scribed.
SEQ. g. The Commissioners OF EIec-
ton shall provide one box for each cleo
ton precinct An opening shall be made
ia tue lid Of the box, not larger than
shall be sufficient for single ballot to
be inserted therein at one time, through
which each ballot received, proper to he
placed in auch box, shall be inserted by
the person voting. and by no other.
l. L