The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-03-02

Farmers Steam Jeint Stock Company
place of business Summerville, s. c., capt.
tai stock &, 600 corDorRtors: P. NJ. GregOire,
". n Thorne, Samuel J. H. Harley and
Isaac Frazer. The company will do business
in grain mill, cotton ginning, etc The sec
rotary OF state has issued q commission to
the Bee Hive Alliance AID Exchange Com
pany Of Ridgsville, s. c.; capital stock
s.. 1000. Five hundred shares Of par value
of $40 each. Corporators: A. II. Humbert,
f. NJ. Williams, A. S. Green and George II.
Trenholm.
W. q. Gibbons, a relative Of Cardinal
| Gibbons, and contractor who has been
digging the trenches for the water works
mains in Greenville, was arrested Wednes-
day on five warrants charging him with
the violation Of section 20S6 of the General
Statutes, which provides that laborers on
plantations and elsewhere shall be paid in
lawful money unless by special contract.
Gibbons mas been paying his laborers in the
checks common with contractors, but has
been short Of monsy, and large number OF
his checks are held by persons who are
mourning over the probability of never get
ting them cashed. The case was heard by a
trial justice, who reserved his decision.
The interesting question was raised by q
United States officer to-day whether the
United States has not some rights Of prop
erty in the phosphate "rocks, as they are
called IN the nevigable streams Of the state.
II is certain, he says, that the United States
has rights In the Congaree river up to
CRANKY, the head of navigation, and what
is more it has rights in the river above
CRANKY, and so far az 10 is possible or prac-
ticable TO make the Congaree navigahle.
He said that no company, nor the state,
could build bridge over a river without
consulting Uncle Sam. This point, he said,
was well understood, but it was significant
oh 81. Z. Al
authority ana contfol over that which IL,
by ictional phrase, calls its "own terri
| tory"
The school board Of Sumter having re-
ceived the cash for $4,000 city school
bonds at par from the trustees of the Will
| lam EUston Home in Charleston, and nav
ing adopted the plans of Architect Niern-
see for the graded school building, are now
receiving bids from contractors for the
work. The bids will be open on March
aud work will be commenced as soon as the
contract is let. MIR. Niernsee will supervise
the constI uction Of the building. For this
service and for the plans he will be paid
$500. The building proper is expected to
cost about 81 900. The board has leased
for ntnety-nine years the southern portion
| Of Monumental square and will put the
building there. The location is central and
well adapted for the school.
oAGLo DhJob Will publish OIL
cially to-day a notice Of special importance
to the holders of Brown consolidated boads
aud stock certificates redeemable July !,
1893, and to holders of Green consols
and others. To those who will surrender
the bonds and stocks named, the notice
| says, in exchange for the bonds and stock
certificates 80 surrendered before July |,
1892, the state treasurer will issue other
engraved coupon bonds or stock certificates
OF equal face value with those surrendered
the principal payable July l, 1886, and
bearing interest from issue at the
rate Of Per ceutum per annum, payable
semi.annualy, viz, on July l. and
| of Jan. l each year. This exchange
will commence at the state treasury, Column
ba, ). c., May l, 1891: AT the time of
the surrender of Brown consols for ex-
change as aforesaid the difference in the
rate of interest, viz, : per cent per nnnum
from date OF exchange up to July /, 1898,
will be paid in cash. The new bonds and
certificates thus issued will be free from all
state, county aud municipal taxes. The
| coupon bonds will be in denominations of
$1,000 and $500 only, and the bonds aud
the bonds and certificates will be exchange
able, one for the other, upon application to
the state treasurer. All Brown cousol bonds
and stock not surrendered for exchange as
set forth before July l, 1892 will be paid in
cash on and after July /. 1898. out of the
per cent. issue authorized to be put upon
the market on aud after July 2, 1892