Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1877-06-21

world ut large. In fact, 80 sensitive are
communities in this respect, that drought
or famine or war or othor scourge affecting
communities thousands Of miles distant pffeot
i9jnriously overy section Of tho world to
which tradc md commerce have found way
NO ono oan doubt buta good and prosperous
Institution of learning at Walhalla will
benefit eyory town in tho county, and we do
hops to see our people. unite in this work and
secure ap5llege in the county, where not only
will they spend their money at homo ii edu.
cating their children, but whore their chill
dron will be virtually , under their own super.
visory caro-. DO not let US calculate benefits
to DO received, but lot US say and feel all will
benofted, that the work is a noble one, TINT it
deserves the patronage Of all good citizens
and that without reference to advantages or
denominatonalfcelngs wo will stand tosethor
for the cause Of education with all its onnor
bling Influences. ''
The following is the plan on which it is
proposed to establish and put in operation d
college at Walhalla. We homo our people
will read it aud come forward and holp, US
make tho subscription at least $4,000:
,l, THE STATE OF SOUTH CAROLINA,
We, The undersigned, Subscribers, agree to
associate ourselves together in n joint etcck
company for educational purposes, and will
severally pay, BY Tho first day of January,
1890, the principal sums 10 our names respect
lively annexed, and will respectively pay scmi-
annually on Tho first days of January and July
in eaoh and every year the interest ION sail
sums at the rate Of seven per centum per annum
frok ri off fT,.l,, A, ..sY
principal shall have been paid, upon the follow
ing proyisoea and conditions viz: y trg /
lst. This paper shall not 10 operative until
the aggregate subscriptions thereon amount to
at least S 10, ,00o but the amount is not intended
to be limited TO that sum-. I sicig1
I'd. A chartered male college shnl be cstab-
lished IN the town Of Walalla as soon after our
organization, rs hereinafter provided for, as the
charter can be obtained. 70 DIV al
3d. No part Of the principal sums 90 sub
soribel shall be used in payment Of tho current
expenses Of, or buildings for, said college. y
4th. Tho oversight and control Of tho college
shall be offered to the Presbytery Of South CD
rolipa whenever oil endowment fund Of at least
$4,000 in addition to the amount hereby sub
scrbed shall have been thereby secured 10 said
college, if it shall have been accomplished by
the lst day Of July, 1870, and such oversight
and control accepted by That time.
9th. If the last proposition fail then the sub
scrbcrs shall pay interest for only two years,
and no part of the principal under this agree
ment. y}
9th. Any one who shall subscribe hereto the
sum Of $500 may send free Of tuition ali of his
or her sons 10 said college, md for every addi-
tional $500 by him or her subscribed may lcsig.
natc any other respectable white person, whose
son or sons shall be entitled to free tuition in
| said college, mud II suoh subscriber have no gon
| or sons of. his or her own, whom he or she may
| desire to educate, similar designation may he
| made also for the first $500 subscribed, Sucl,
designations must be made ut the timo of sub
scribing. or tmay be made afterwards by con-
| sent Of the management of said college, and
| after such designations shall have been respect
ivcly' ninde there shall bo no change therein.
Tth. Failure to pay principal or interest nc.
cording to stipulntons, shnll not relieve any
subscribers from liability to pny, but shall for
felt all Of his or her rights to free tuition In
said college while my pnrt thereof is in arrears
9th. meeting Of the Subscribers shall be
called at the earliest practicablc,day after the
said sum of $40, 900 shall have been hercunto
subscribed for the purpose Of providing for tho
carrying on Of the college until the first day of
July, 1879, Or so long rs may be necessary, at
which meeting every subscriber shall have ono
vote for each $25 of stock subscribed by him or
her, and if q majority Of the stock bo ropre-
sented, the subscribers present shall constitute
q quorum for the transaction Of business.
9th. Payments Of interest and Drincipal shall
DC madc to such person rs The subscribers shall
designate at any meeting in which q majority
of the stock shall be -crrosenteG--uns the
oversight and management Of said college shall
have been accepted by the Prcsbytcry of soutl,
Carolina-nnl then to whomsoeyer the Board Of
Trustees shall Designate
| 10th, We scverally agree upon The completion
| Of the organization under tho eighth and ninth
clauses of this agreement to execute and deliver
TO the person authorized to receive payments
bonds conditioned for tho payment Of the princi-
pal and interest Of our respective subscriptions
| hereto. w"
Witness our hands and seals this the -N--
day Of June, in The year Of our Lord one
thousand eight hundred and seventy. seven.
| Legislative Pay. i)t
| A very good and wise man, many centurie.
ago, said there was timo to sing and timt
| to dance. time to mourn and a time to rejoice
in q word, q timo for all things. It seem.
the past few weeks has boon time for