The Union times. [volume] (Union, S.C.) 1894-1918, 1917-03-09

be received by the said Highway Com
mission, they shall be deposited by
them in the several banks of Union
township, according to and in propor-
ton to the combined capital stock and
surplus of each bank, at a rate of in
terest not less than four and one-half
! per cent per annum, to be paid lv
the bank at said rate from the date Of
the said deposit until the said funds
are withdrawn from time to time bv
the said Highway Commission, as
needed by them in the performance of
their duties under this Act: Provided.
That should any bank or banks in In
ION township decline to receive such
deposit from the proceeds of the sale
Oh SAID bonds, or decline to pay in
Iterest on the said deposits at rate
OF interest of not less than four and
one-half per cent per annum, the DO
rata of deposits due to such bank or
banks so declining or refusing to nav
said interest, shall be prorated among
all the remaining banks of Union
township in proportion to their COM
pined capital stock and surplus: Pro-
vlded, further, That the Highway
Commission shall withdraw such funds
from the said banks in which same
are deposited in an impartial manner.
and shall, in so far as possible, with
draw such funds proportionately and
on the same basis that the deposits
are made in said banks.
Sec. 5. The Highway Commission
of Union township shall consist of
seven electors and freeholders within
the limits of said township, who shall
be appointed and commissioned by Il,
Governor upon the recommendation of
a majority of the legislative delegation
OF Union County. The said Commits
sion shall elect it's Chairman and Sec
retary, and any vacancy in the Com
mission shall be filled by the remain
ing members. The Commissioners
shall receive no compensation for their
service, but shall be reimbursed for
actual expenses incurred in the dis
charge of their official duties. The life
9f the Commission shall be five years;
2Qt 1T shall expend the funds received
rom the sale OF the bonds for the con-
{pctlon ok fhe rQads within three
rTuotys - esfsfh-. = Ss,<4< <<133@z6r -
Sec. 6. The said Highway Commis-
sion shall construct of materials gen
orally approved by expert highway
engineers as adapted to building per-
manent improved highways, by con-
tract or otherwise, in the discretion of
the Commission, the main public
roads and thoroughfares across the
township, and shall lay cement side
walks connecting Monarch Mill and
Ottaray Mill, and two cement side
walks through each of said mill viii
lagos, to be placed at such places as
Will be the most advantageous to the
most of the inhabitants of said mill
villages, with the city of Union. These
thoroughfares shall be thirty feet wide
After constructing and improving the
roads or thoroughfareS herein referred
to, then the Commission shall eXpcnd
any balance of the funds remaining on
hand in likewise constructing and i'm
proving the mar. tributary roads lead
ing into SUI. said main roads and
thoroughfares. Of these roads the
Commission shall have power to select
which shall be permanently improved
In whole or in part, to decideSthe width
OF the same, and the material to be
employed, regard being had to the
present condition Of said road and the
amount of traffic over same. They
Continued on page four)