The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1898-02-23
SUPPLEMENT. or ESTATE

". u. IOJC.
SETTLEMENT OF ESTATES.
An Act to amend an Act entitled An
Act to facilitate the settlement of
estates Of test.tors. approved
18th day Of February, A. d. 1897.
BE it enacted by the General As
sembly of the State Of South Carolina:
That the Act entitled IAN Act to
facilitate the settlements of estates of
testators, approved 25th February,
1897, be, and the same is hereby,
amended by striking out all of Section
l and inserting in lieu thereof the fol-
lowing:
Be it enacted by the General As
sembly Of the State of South Carroll
ma:
If, after the expiration of two years
from the time when any legacy be.
comes due and payable under any will
or testament, it shall be made to APP
pear to the satisfaction of the Judge
of the Court Of Probate. by whom let
ters testamentary we're granted, that
the executor or executors of such will
or testament, or the administrator or
administrators, with such will or tcs-
lament annexed, is or are unable to
ascertain the whereabouts Of any lega-
tee under such will or testament, or
20 ascertain whether such legatee be
dead or not, it shall be lawful for the
executor or executors, or the admins
traitor or administrators with the will
annexed to pay over to the Judge of
said Court of Probate the amount Of
the legacy Of such legatce, and any
interest that may be legally due there
On, and such payment Of the amount
Of such legacy to the Judge Of the said
Court of Probate shall be full and
complete discharge to the executor cr
executors. or the administrator or
administrators, with the will annexed.
The said amount so paid to the Judge
Of the said Court Of Probate shall be
protected by his official bond, and
Shall be held by such Court Of Pro-
bate for such legatee subject to the
order of such Probate Court or any
other Court Of competent jurisdiction.
Approved the llth day Of February,
4. D. 1883.
TO DEFINE THE UsURY LAW.
An Act to regulate the rate Of inter
est upon contracts arising in this
State for the hiring, lending or use
of money or other commodity.
Be it enacted by the General AS
sembly of the State Of South Carolina:
Section l. That no greater interest
than per cent per annum shall be
charged, taken, agreed upon, or al
lowed, upon any contract arising in
this State, for the hiring, lending or
use Of money or other commodity,
either way Of straight interest, dis
count or otherwise, except upon writ
ten contracts, wherein, by express
agreement, rate of interest not ex-
ceeding per cent may be charged.
Section g. Any person or corpora
tion who shall receive; or contract to
receive, as interest any greater amount
than is provided for in the preceding
section, shall forfeit all interest and
the cost of the action, and such por-
ton Of the original debt as shall be
due shall be recovered without inter
est or costs. and where any amount so
charged or contracted for has been
actually received by such person or
corporation, he or she or they shall
forfeit double the amount received in
respect of interest. to be collected by
separate action or allowed as a coun-
ter claim in any action brought to re-
cover the principal sum.
Section 3. That the borrower, and
his heirs, devisees, legatces or per-
sonal representative. or any creditor
or any person having a legal or equita-
bic interest in the estate OF assets of
such borrower, may plead the benefit
of the provisions Of this Act, as plain
tiff or.defendant and the same shall be
effectual at any suit at law or in
equity, and any person offending
against the same shall be compelled to
answer, on oath, any complaint that
may be exhibited against him for the
discovery of any sum Of money or
things in action, so charged. agreed
upon, reserved or taken, in violation
Of the foregoing provisions, or either
of them.
Section 4. That all Acts and parts
Of Acts. consistent with this Act,
be. a.nd the same are hereby, repealed:
provided, that this Act shall not APP
ply TO contracts made before it goes
into effect. Approved the 10th day
of February, a. D. 1898.
= The best fly destroyer in the world
is common or garden wasp. An e1-
pert says that he has known one wasp to
kill thousand flies in = day.
Denomination poritive1v Curad