The herald and news. [volume] (Newberry S.C.) 1903-1937, 1908-02-11
a ELL
To Authorize Floyd Township, or
Township No. 6, Newberry Coun-
ty to Issue Bonds for Pc.
manent Road In
prOvemcnC.

semhly of the State of South Car
olina:
Section l. That the question of the
isS"iny aud sale Of thirty thousand
l"lIars worth Of coupon bonds by
Fl yd Township or Township No. 6,
in N1whcrry county for permanent
pnb!;" r,ad Improvement shall be
Sn'mittrd to the qualified electors Of
said Township at al election to be
, held for that purpose at time dur
inc the year 1908 to be fixed by the
rountv supervisor of Ncwberry coun-
". at which election only the quail
fed electors of sail Township shall
be allowed TO vote. said election TO
be conducted in the same manner as
General r!cctions. inclulin the no.
tirr thereof. except as otherwise
herein provided. The supervisor of
NHwbcrry county shall appoint man
ayers to conduct said election. aud
in case any manager or managers so
appointed shall fail or refuse for any
reason to attend and serve. the man.
ayers who do attend shall have the
ri"ht to appoint other managers in
their stead. For the purpose of this
election there shall be prepared for
The use of the voters two sets Of bal
lots: On one of which shall be print
cd th,, words "For the issue of
12nd;'. and or the other the words
"A"a:s' the issue of horlS': and
thrr" shall he in said Township three
v"tin" precincts as follows: Trinity
r''""ch. Lonsihnrc' 's store. and Reeder-
Vile school house. IF n majority Of
persons voting at said election shall
vote in favor of the issuing Of coup
on bonds in the amount above stated.
then said bonds shall he issued and
sold rs hereinafter provided.
Sec. ,. That T. NJ. Smith. W. D.
Senn, j. y. Burton. David
Pitts and T.. W. Floyd are hereby
constituted Il board Of commission
"rS 10 hA S,'"wn ns Flnvd Township
R"ad commissioners for th, purpose
Of carrying out the provisions of
this act. Said commission shall
have The right TO contract and be
contracted with, sue and be sued. and
plead and he imrlealcd in any and
all courts, in reference to the mat
TOYS embraced within the provisions
OF this act. In casa Of vacancy on
said commission by death. rcsiena
ton ~" otherwise. thc remaining
mcm'HrS shall I'll such vacancy bv
ann"intment. Said commissioners to
hold office until the provisions of this
act NJ" c"mrl"talv carried ont. Tire
said commissioners shall meet as
soon after the elcrtion hcrcina fter
provided as practicable. in case said
election shall be in favor Of the issu-
ing of bonds. and organize bv elect
II" one Of their members as chair
man. and also elect n clerk who shall
W. thc honk-keepcr for the commits
sion. FTe shall receive as compensa-
tion for his services the sum of three
hundred anl fiftv dollars per an
nun navable from the funds herein
nrovideI for. The COMPENSATION of
tho members Of the said commission
shall he fifty dollars per an:lum, pay
able in thc same manner and from
the sam" funds rs fhc clerk. The
said clerk to give bond in some
surety COMPANY in the sum of two
thousand dollars, conditioned for the
Faithful performance of his duty to
"" annroved by the commission. the
premium Of which shall be paid from
the funds derived from the special
tax levy herein made.
Sec. 3. Tn ease said election re-
suits in favor Of issuing bonds az
| aforesaid then the commission pro-
vidad for in Section 9 of this Act
shall offer said bonds for sale and
sell the same to the hihcst, RESPONSE
BILE bidder at not less than par. Said
bonds to be in denominations of five
hundred or one thousand dollars as
said commission may determine, to
bear interest at rate not exceed
ing six (6) per cent per annum, pay
able annually on the first day of July
OF each year. and maturing in thir-
t" years from the date thereof Said
bonds to be signed by the chairman
Of the said commission and counter
signed by the clerk, provided that the
SIGNATURE of said officers may be
lithoranhcd or engraved upon the