The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1879-01-23

An ACT to amend an act entitled can
act to provide for. the settlement of the
unfunded debt of the State incurred
before the lst of November, 1876"
approved March %, 1878.
Be it enacted by the Senate and House
of Representative of the State of South
Carolina, now met and sitting in General
Assembly, and by the authority of the
same:
SECTION l. That Section 1 of an act
entitled can act to provide for the settle
ment of the unfunded debt of the State
incurred before the first of November,
1876" approved March %, 1878, be
amended by striking out all after the
word "ofice," on the eighth line, and
inserting in lieu thereof the following !:
"until the first day of December, 1879,
with an annual salary of twenty-four
hundred dollars"
That section of said act be amended
by striking out all after the word ere
ceive," on the second line, down to the
comma on the third line, and inserting
in lieu thereof IAN annual salary of
twelve hundred dollars ;" and by striking
out all after the semicolon, on the fourth
line, and inserting in lieu thereof the
following: Sand also in cases of doubt
and difficulty the commissioner may call
upon an attorney who shall act as attor-
ney for the State, with an annual salary
of five hundred dollars"
That section 5 be amended by adding
thereto the following: "And in all other
cases, including the warrants known
as Little Bonanzas, the burden Of proof
shall be upon the claimant to establish
the bona fides of the original considera-
ton upon which the claim is based, and
that section Z be amended by striking out
the words "the first day of November,
1875" On the fourth line, and inserting
in lieu thereof the words "the first day
of April, 1S79."
Sec. 2. That the act be further amen
ded by adding the following section
thereto:
"SEc. IA. Certificates of stock issued
under the 18th section of this act shall
be exchangeable for bonds upon applica-
ton to the State Treasurer: Provided,
That the aggregate amount of the certifi
Gates presented for exchange shall not be
less than 500, and that no bond of Il
denomination less than $l0O shall be
issued under the provisions Of this act"
"SEc. Is. Upon the final adjournment
of the court hereby established, all the
records pertaining thereto shall be de-
livered to the Comptroller General Of
the State, whose duty it shall be to re-
ceive and preserve the same as if they
were records of his Office. All the inter-
est due and payable on the bonds and
stocks authorized to he issued under this
act shall commence to ruin on the 1st day
of July. 1879, and the first coupons on
said bonds and interest orders on said
stock shall mature on the 1st day of JAN
uary, 1880.
Sec. IL. That the commissioners, after
adjudication upon any claim or evidence
of Indebtedness, whether favorably or
adversely, shall cancel and file the same
with the record.
Sec. II. That all contingent expenses
of the said court shall be paid out of the
phosphate royalty or any funds in the
Treasury not otherwise appropriated,
upon the warrant of the Comptroller
General, upon the requisition of the COM
mission of said count with the approval
of the Governor.
Approved December "a, 1874.