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

sue and be SUED III respect OF any ri6nts
or causes growing out of the provisions
of thi. Act; and the County Commits
sioners of the Counties of Anderson and
Abbeville are hereby declared to be the
corporate agents of all townships so in
corporated situated within the limits of
their respective Counties.
SEC. 7. That for the purpose of deter
mining the amount of said subscriptions,
it shall be the duty of the County Com
missioners for each of the Counties of
Anderson, Abberille and Edgefeld, 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 elec-
tion, specifying the time, place and pur-
pose of the election, and to appoint
three Managers at each election precinct,
who shall, without compensation, hold
and conduct said election, at which eloc-
ton the ballots shall have written or
printed thereon either the word "sub-
scription or "no subscription" the said
County Commissioners having first, by a
resolution of their Board, fixed the
amount proposed to be subscribed, accor-
ding to the request of the petition sub
mitted to them, notice of which resolu-
tion shall be given by the Chairman of
the Board in one or more Of the news
papers published in the County for which
he shall act for forty days next previous
to the election. And the proper cor
porate 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
the qualified electors in said city or town,
and declare the result as is herein direct
ed in cases Of County or township cleo
tions.
Sec. s. It shall be the duty of the
Managers to make returns and meet at
their respective Court Houses or Council
chambers, an the case may be, and count
the votes and declare the result as in
other elections, which result shall be GER
titled 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. 6. In case the majority of the bal
lf>fe oh inf faH
thereon subscription" then the Chair
man of the Board of County Commits
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 Of said Coun-
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 installments )" and if
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 ex-
tent as 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, as the case may
be, is authorized and required to assess
annually upon the property Of such city
ccntum As 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 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
name 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
share 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 stock
holder in said company from the date Of
the scrip for such stock so issued as afore
said, and the like proceedings and rights
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
share.
SEC. 12. That said railroad company
shall have every right, privilege and
power necessary for the purpose of ac-
quiring such lands or rights of way as
they may require for the location or con-
SlI VI lHC oalu lAlliOdu VI iOi tHS
erection or location of depots, ware
houses, stations and other necessary es-
Establishments, or for extending or alter
ing the same, and the said company shall
have the benefit of every process or pro-
cecding and shall be subject to all the
restrictions provided or imposed in Sec
tions rs to sc, both inclusive, Of Chapter
LXIII of the General Statutes.
Sec. 49, That nothing in this Act con-
tanned shall be construed to exempt the
property of said railroad company from
taxation for State and County purposes.
SEC. IL That this Act shall be pub
lie Act to take effect on and after it.
passage: Provided, That this charter
shall cease and determine unless the con-
struction of said railroad is commenced
on or before January l, 1883, and COM
pleted on or before January 1888.
Approved March -, 1878.