The herald and news. [volume] (Newberry S.C.) 1903-1937, 1920-03-09
ACTS RELATING TO BOND
ISSUES NEWBERRY COUNTY

ISSUES NEWBERRY COUNTY
Two other bond election bills
which have already passed with re-
gard to Newberry county are as fol-
lows:
AN ACT.
To authorize elections to issue
bonds for road puroses by the several
townships of Newberry county; to
create special township commits
sioners, and to provide sinking fund.
Be it enacted by the general assem-
bly, of the State of South Carolina:
Section /. That the county super
visor of Newberry county is hereby
required, whenever a petition of one
third of the freeholders Of any
township of said county shall be filed
in his Office praying for the holding
of an election on the question Of is
suing bonds of said township, in such
an amount and for such length OF
time, and bearing such rate of in
terest as shall be specified in said
petition, on the taxable property Of
such township, to be expended for the
Improvement Of public roads and
bridges therein, to order such election
by giving at least thirty days notice
of. the: time and. place of holding the
same, to appoint the managers and
J. prepare and furnish at each voting
place a sufficient number of ballots
to. be used therest,, in: form as fol-
lows: "For the issue of $................:.
of bonds, for .:.........:........ years, in
terest. ..:..............., for road improve
ment Of ................ township-Yes or
No." Provided, The blanks in said
bullets shall be filledin in accordance
with the petition hereinbefore re-
quired. Those voting in favor of the
issue shall deposit ballot with the
word "No" erased, and those opposed
shall deposit ballot with the word
"Yes' erased. To receive and can
vass the votes and declare the results
of said election, one copy of which
shall be deposited with the clerk of
court and made permanent record
of his office, and another left with the
county auditor. In case a majority of
the votes cast at said election be in
favor of the issue of said bonds, the
county supervisor shall issue the same
in sucn denominations as to him may
seem best. Said bonds shall be sign
ed by the county supervisor and clerk
of the board of county commissioner:
Provided, Their names may be lith-
ographed upon the coupons attached
thereto.
Sec. 2. Said bonds shall be sold
for not less than par to the highest
bidder therefor, after due advertise
ment, and the proceeds kept by the
county treasurer for the purposes
herein specified and none other, and
to be paid out upon the warrant of
the special commission hereinafter
provided for.
Sec. 8. A commission, to be COM
posed Of at least three freeholders
residing within said township, who
shall be named in the petition herein
before provided for praying for such
election, is hereby created to admin
lister the proceeds of the sale of such
bonds in the improvement of the
roads and bridges within the said
townships, which shall be known as
the Special ........... Township Bc~1
Improvement Road commission, the
members of which commission shall
serve without compensation.
Sec, 4. To provide for the pay
ment of the interest upon said bonds
and sinking fund for the retirement
Of same at maturity, the County
Auditor of Newberry courtv is he"o-
by required to make annually levy
on ali the taxable property witn.n
said township for an amount to retire
said bonds at maturity.
Sec. 5. This act shall take effect
Immediately upon its approval by the
Governor:
Sec. 6. All acts or parts Of acts
Inconsistent with the provisions of
this act are hereby repealed. !;
AN ACT.
To authorize elections to levy tax
for road purposes in the townships
Of Newberry county.
Be it enacted by the general assem-
blv of the State of So,ath Carolina: