The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1879-03-06

ton Tor private subscriptions, it shall and
may be lawful for any city or town, coun-
ty or township interested in the construc.
ton OF said road 10 subscribe 70 its capi-
tai STOCK such sum AZ majority of their
voters may authorize the County Com
missiorers or proper authorities Of such
city or town to subscribe, which sub
scription shall be in money, payable in
three equal annual installmenis and for
the purpose Of oaid subscription and
otherwise carrying out the provisions Of
TINS Act by any township as aforesaid,
the following named townships, TO wit .
in the County Of Anderson, the town
ships of Varennes, Hall, Corner, Savan-
nah AID Centreville, and in the County
Of Abbeville the townships Of Lowndrs-
vile, Magnolia and Calhoun, are hereby
created bodies polite and corporate un-
der the slid names respectively, and are
vested with all necessary powers to carry
out the provisions Of this Act, and NAV
sue and be sued in respect of any rights
or causes growing out Of the provisions
of this Act; and the County Commits
sioners Of the Counties of Anderson and
Abbeyillc are hereby declared to be the
corporate agents of all townships 30 in
corporated situated within the limits of
| their respective Counties.
SEC. T. That for the purpose of deter
mining the amount Of said subscriptions,
1t shall be the duty of the County Com
missioners for each Of tie Counties of
| Anderson, Abbevillc and Edgec cid, upon
the written application of FIVE hundred
OF the qualified voters in any County or
of fifty voters in any township, specify
ing the amount to be subscribed therein,
To submit to the qualified electors of each
| County or township in their respective
| Counties, as the case may be, the ques-
ton of subscription or no subscription to
the capital stock Of said company, and
they shall have power TO order an cleo
tion, specifying the time, place and pur-
pose OF tie election, and to appoint
three managers at each election precinct,
VINO shall, without compensation, hold
and conduct said election, at which cleo
ton the ballots shall havo written or
printed thereon either the word "sub-
scrlption or mo subscription" the said
County Commissioners having first. by q
resolution of their Board fixed tho
amount proposed to be subscribed accor-
ding to the request Of the petition sub
mitted to them, notice of which resolu-
ton shall be given by the Chairman of
the Board In one or more Of the news
papers. published in the County for which
lie shall act for forty days next previous
to the election. And the proper cor
poratc authorities of any city or town in
any of the three Counties of Anderson.
Abbeville and Edgefeld, upon the writ
ten petition of fifty voters in any such
city or town, shall, in like manner and
after like notice, submit the question To
| tho nIlulifIaI al 81.
| and declare the result as is herein direct
ed in cases OF County or township cleo
tions.
SEC. s. 1t shall be the duty of the
Managers to make returns and meet Mt
their respective Court Houses or Council
chambers, as tho case may be, and count
the votes and declare the result as in
other elections, which result shall be GER
tilted in writing by the Chairman of each
Board of Managers TO the Chairman of
the Board of County Commissioners or
to the City or Town Council, as the case
may be.
| SEC. 9. In case the majority of the bal
lots cast shall have written or printed
thereon subscription" then the Chair
man Of the BOARD Of County Commis-
sioners, in all cases Of County or town
ship elections, shall be authorized and
required to subscribe to the capital stock
OF said company in behalf CT said Ccun-
ty or township, as the case may be, the
sum which may have been fixed and
named In the resolution of said Board.
published as aforesaid, which subscrip.
ton shall be made in money, payable in
three equal annual irstallments :" and If
| q majority of the ballots cast in any city
or town election shall be for subscrip
ton, the proper corporate authorities OF
such city or town are authorized and re-
quired to subscribe in behalf of such CITY
| or town in like manner and to like eS-
tent rs the County Commissioners are
herein required in all cases of COUNTY
subscriptions.
SEC. 10. That for the payment of such
subscription the County Auditor or other
officer discharging such duties, or the
city or town Treasurer, rs the case NAV
be, is authorized and required to assess
annually upon the property Of such CITY
or town, County or township, such per
centum IS may be necessary to pay each
installment of such subscription until the
whole is paid, which shall be known and
styled in the tax books as the Savannah
Valley Railroad tax, and shall be col.
lected by the Treasurer at the same time
and under the same regulations as are
fixed and provided by law for the collec
ton of taxes in the towns, cities or Coun-
ties so subscribing, and which shall be
paid over by such Treasurer to the said
railroad company.
SEC. II. That in collecting said taxes
the County, City or Town Treasurer shall
deliver to the taxpayer a special receipt
therefor, which shall express that the
amount stated therein is the tax for said
railroad. And when any person, hold
er of such receipts issued in his own
namo or in that of another person and
duly transferred to such holder by the
endorsement thereon Of the name of the
person to whom the same was issued.
shall present an amount thereof to the
PRESIDENT of said company equal to one
snare OF the Stock of the said company,
the SAID PRESIDENT shall cause to be issued
to the holder of said receipt one share of
stock, and such person shall be n stock-
hoider in said company from the date of
the scrip for such stock 30 issued as afore-
said, and the like proceedings and r;yh..
and liabilities shall be had and attach to
any person who may present such tax
receipts amounting TO more than one
share: Provided, That said scrip shall
not be issued for any fractional part of n
share.
SEC. II. That said railroad company
shall have every right, privilege and
power necessary for the purpose of ac-
curing such lands or rights of way as
they may require for the location or con-
struction of the said railroad or for the
erection or location of dcpots, ware
houses, stations and other necessary es-
ttablishments, or for extending or alter