The Dillon herald. [volume] (Dillon, S.C.) 1894-????, 1910-03-31

shall deem proper.
SECTION z. That the proceeds
from said Courthouse bonds herein
provided for shall be deposited with
the County Treasurer as herein requtr-
ed, and shall be used for NO other pur-
pose or purposes than as herein desig-
mated. and shall be paid out OF dis
bursed by the said Courthouse Com
mission, and in no other manner or
by any other means than upof the
special warrant or warrants Of said
commission, drawn upon said County
| Treasurer, which warrant or warrants
shall be signed by the chairman and
counter-signed by the Clerk OF secre-
tary of said Commission, based upon
itemiZed and verified vouchers filed
with the said Clerk or secretary which
vouchers on the completion OF said
Commissioners duties hereunder shall
be filed in the office of the Clerk of
Court for the County Of Dillon, as all
other statements or documents of said
Commission are hereby required to De
filed in said office, and all orders
and to be paid by said County Treas
urer as herein provided, shall specify
in each case, the object for which
they are drawn.
SECTION 8. Should there by any
balance of the Courthouse funds here
In authorized and provided for. after
the completion of the duties of the
said Courthouse Commission, the Coun
ty Treasurer shall transfer such bal
ance to the Special Sinking Fund here
matter authorized.
SECTION 9. That for the purpose
of paying the interest on the bonds
hereinbefore authorized to be issued,
and the retirement of the same at ma
turity. the County Board of Commits
sioners for the County of Dillon, and
their successors in office, shall. from
year to year, beginning with the year
1911. levy a tax of one mill on the dol
lar upon all the taxable property of
said county, to be known as the Court
house Bond Tax to be collected as the
other taxes of said county: and after
the payment of said interest the balance
Of the said special levy shall be
held by the said County Treasurer,
which sum shall be and constitute
Sinking Fund for the payment Of the
principal debt of said bonds at matur-
ity.
SECTION 10. That the Sinking Fund
aereby created shall be kept separate
and intact by the County Treasurer,
md shall be by him deposited at in
terest in two or more chartered banks
for the benefit of said fund and upon
the expiration Of the period of time
herein fixed at which said bonds are
to be redeemed and retired. the said
County Board of Commissioners or
their successors in Office, shall redeem
and retire, by means of said Sinking
Fund, said bonds. In which event. they
shall call in and pay off said bonds so
redeemed and retired, and when so re-
deemed and retired shall, together
attached and unearned coupons. be
destroyed o. mutilaSed, by said Board,
and a record of said bonds so redeem
ed and retired Shall be kept in the
book herein provided for: Provided.
however, That the said County Board
OF Commissioners and their success
scrs In office, may invest any part or
all of said funds on hand at any time
In said bonds, II same can be purchas-
cd at a price not exceeding par, tine
proper records of all such purchases
and cancellations 20 be kept as here
inbefore provided.
SECTION II. Should there by any
remaining fund in the hands of the
said County Treasurer after all bonds
are redeemed and retired of the said
Courthouse Sinking Fund. the same
shall be held as fund tor improve
ments, renovations. or repairs, on said
Courthouse and Jail Buildings. furnish
ings or grounds, which improvements
renovations or repairs must be
at the discretion of the Clerk of
Court of Common Pleas, and
the General Sessions for said
County, the custodian of the
for said County, the custodian of the
building and grounds. and contracted
Tor and directed by the said County
Board Of Commissioners and drawn on
for such purposes by said County
Board OF Commissioners as other reg
ular funds of the said county.
SECTION IL. That this Act shall
take effect Immediately upon it's ap-
proval and all Acts and parts of Acts
Inconsistent with this Act be and the
same are hereby repealed.
Approved the 25th day of February,
a. ID. 1910
| hereby certify that this is a true
and correct copy of the above entitled
Act which was signed by mis- Excellen-
cy Governor NJ. F. Ansel and now on
fle in the office Of the Secretary of
State.
A. j. Bethea,
Private Secretary.
Columbia. s. c., March IL, 1910.