South Carolina - Acts on Education Topics

An Act to Authorize the School District of the City of Spartanburg to Issue Bonds for the Purpose of Building One or More Public School Houses in the City of Spartanburg and of Acquiring a Lot or Lots for the Same.

February 17, 1897

Acts and Joint Resolutions of the General Assembly of South Carolina 1897, Pages 647-648.

SECTION 1. Be it enacted by the General Assembly of the State of South Carolina, That the school district of the city of Spartanburg is hereby authorized and empowered to issue bonds to the extent of ten thousand dollars, to bear interest at the rate of six per cent per annum, payable semi-annually, and running for a period of thirty years, for the purpose of erecting one or more public school buildings in the said school district and of acquiring a lot or lots for the same.

SECTION 2. That the said bonds when issued shall constitute a first lien upon any property which may be improved from their proceeds, for both principal and interest, enforcible by ordinary proceedings in the Courts of this State or otherwise, and their coupons shall be receivable for all taxes in said school district.

SECTION 3. That the said bonds shall be signed by the Chairman of the Trustees of said school district and countersigned by the Secretary thereof.

SECTION 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 of 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 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, in a common fund with the principal or interest collected or to be collected on account of the bonds now outstanding in said district, and for no other purpose whatsoever.

SECTION 5. That it shall 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 one or more new school houses or in acquiring land for the purpose in said school district: 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. Such election to be held under the direction of the School Trustees of said district, after three weeks' notice, by advertisement, in one or more newspapers published in the County of Spartanburg, and the said School Trustees are hereby authorized and empowered to do all things necessary to the holding and declaring said election.

Approved: February 17th, A.D. 1897.

William H. Ellerbee, Governor.
Miles B. McSweeney, Lt. Governor and President of the Senate.
Frank Boyd Gary, Speaker of the House of Representatives.



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