The Fairfield herald. [volume] (Winnsboro, S.C.) 1849-1876, 1873-05-14
TorFlciAL !
The Laws OF South Carolina.
Acts a ID JOINT Resolutions Passed by
tho General Assembly at the Session
Of 1872S S'73,

Of fa72 S'7$,
An ACT TO ENCOURAGE AND PROVIDE
FOR THE INCORPORATION OF AGRI.
CULTURAL AND MECHANICAL socIE
TIES AMI. AasocAEIorsN ron 'Tilf
PROMOTION OF TIE ANTS AND
SCIENCES.
BE it enacted by the Senate. and
House Of Representatives of th%Stfto
of South Carolina, row met anl SIT
ting in General Assembly, and by the
authority of Tho same
Section |. That seven or more per.
sons within this State, having associa-
ted themselves by egroomcat, IN writ
ing, for the promotion of Agriculture,
mechanics and other industry uhH
ingenuity, and for the encouragement
of the arts and sciences, or for any of
these purposes, under any name by
them assumed, and upon comply lug
with the provisions of this act, shall,
with their successors, bo deemed u
body polite and corporate:
Section 2. The purposes 81 such
cooperation, and tho place where it is
established aud located, shall be dis
tinc,ly specified in it, articles of asso.
ciation, which articles, and all amend
mcuts thereto, shall be rcco rdcd in
the Office Of the register Of mesno con.
veysnces for the county wherein such
Place is situated. aud such corpo, alton
shall appropriate its funds to no other
purposes.
Section 8. Such .rporation shall
have perpetual succession Of officers
.and members, and common seal,
with power to change, alter, break and
iGake new the same, as often as it shall
judge expedicnt, and it shall be capa-
bic i'll law;to purchase, have, hold,
receive, enjoy, possess and retain to
itself and its SUCCESSORS and assigns,
.sn perpetuity, real or personal estate,
or both, whether accruing to the same
by gift, purchase, devise or convey
ance, not exceeding in value one hun.
dred thousand dollars and the same,
or any part thereof, to sell, alien, do.
wise or exchange. whenever such COR
poration may eecm proper.
l. Section 4. Suoh corporation shall
be- liable and capable to sus, anl be
sued,: implead aud be impIoAded, in
Rny,of the courts of this State Of ap-
propriate jurisdiction but no stock,
holder,in SUCH corporation shall be
}iablo for rany f'the debts or liabiii-
ties Of such corporation beyond the
amount Of his share or shares there
Section s.; Such corporations shall
be competent to" make nll pu:h hy.
laws and rules for its government ond
operations as:may from time to time G
be deemed necessary, not rtpuguant
to the laws Of the land: Provid cd,
that the anne are made ty such ma.
jority or quorum as may, by the laws
ofsuoh corporation, DO. .declared com
petent to mako the same.
dissection 6. Such corporation may
bold. fairs and exhibitions, at, stated
or occasional periods, and: d:smay estab-
lish regulations for the preserva tion
Of good order at such fairs;or, exhibi.
tions consistent with tho laws of the
land, :.
Apbroted February 2e, A. D.
1878. ~.~~.
AN ACT TO ABRoGATE AND SINK ALL
THAT PORTION OF THE'DEBT OF THE
STATE OF SOUTH CAROLINA INCURRED
IN AID OF THE LATE REBELLION
AGAsNsT -TiiE, UNITED STATES"
Whereas article fourteen, in
qmendment Of the constitution Of the
United States, in section fotr. tacreaf,
among other things, cnjoins,~ that
seither> the United States, nor any
State, shall assume or pay any debt
or9bligation.ingurred il aid of insur-
rection or rebellion against the United
Statcs,iar any claim for tho loss or
emancipation of any slave but oil suoh
debts, obligations and claims shall be
held illegal aud void and whereas
the constitution Of the State,of Soutl,
Carolina, in article nine,' section six. {.
teen, enjoins that no debt oontraets d
by this State in behalf of the Late re-
hellion, in whole or in part, shall ever
be paid therefore, ".,.
;.Be.it enacted by the Senate and
House of Representatives OF the State
of South Carolina, now met and sitting
in. General Assembly, and by the au.
thority Of tho same: -. ..t.9.
Section !. That all Of the iudebt
edness apd obligations whatsoever of
the State,of. South Caroliua, coming
within the constitutional prohibitions
aforesaid, as contracted. or incurred in
aid of the said rebellion, or which are
covered or described by or under such
prohibitions, or either of thcnl, and
all authority for mourning or assuming
such Indebtedness or obligations on
tho part Of the said State,s pre, all
and singular. hereby abrogated and
declared and held to bo illegal and