South Carolina - Acts on Education Topics

An Act to Enable and Authorize the School District of the City of Spartanburg to Issue Bonds for the Purpose of Building Public School Houses in the City of Spartanburg.

December 24, 1887

Acts and Joint Resolutions of the General Assembly of South Carolina 1887, Pages 1119-1120.

Section 1. Be it enacted by the Senate and House of Representatives of the State of South Carolina, now met and sitting in General Assembly, and by the authority of the same, That the School District of the city of Spartanburg is hereby pernutted and authorized to issue twelve thousand dollars of six per cent bonds for the purpose of building one or more public school buildings in the city of Spartanburg: Provided, That a majority of the qualified voters of said School District shall be in favor of such issue, as expressed in an election held for that purpose.

Sec. 2. That the Trustees of said School District are hereby required to give three weeks notice by advertisement in one or more newspapers of such election, and they shall appoint the managers, receive the returns, and declare the result.

Sec 3. That the said School District of the city of Spartanburg is hereby declared to be a body corporate for the purpose of issuing said bonds, and when issued they shall be signed by the Chairman of the Board of Trustees, shall run for a period of thirty years, their coupons shall be receivable for all taxes in said School District, and they shall constitute a first lien upon all property which may be improved from their proceeds.

Sec. 4. That for the purpose of paying the interest on said bonds, and the principal when due, it shall be the duty of the County Auditor of the County Spartanburg, or such other officer as may be charged with the assessment of taxes, to compute annually the amount necessary to be raised, and to levy the same upon all the real and personal property in said School District, and the amount so levied shall be collected by the County Treasurer of the County of Spartanburg and held by him for the purpose of paying the said interest or principal if any be due, and shall be used for no other purpose whatever.

Sec. 5. That it may be lawful, and the Board of Trustees of said School District are hereby permitted, to use any fund which may be raised in said School District by taxation in building a new school house.

In the Senate House, the ___________ day of ____________, one thousand eight hundred and eighty-seven.

William L. Mauldin, President of the Senate.
James Simons, Jr., Speaker of the House of Representatives.

Approved: December 24th, A.D. 1887.
John P. Richardson, Governor.

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