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1943—Chapter 467—468 527
Sec. 19. Provision for sinking funds. Before a1llocat1ing a1ll or Sinking fund ^"'^ retirement
any part of unappropriated surplus revenues and unencumbered of term bonds.
balances to a capital reserve fund a municipality may make
allocation thereof to a sinking fund for the retirement of term
bonds, but such allocation or allocations, together with all other
assets of the sinking fund, shall not exceed the amount of the
term bonds outstanding and unpaid.
Limitation of
allocation.
Sec. 20. Separability of provisions. If any part of this Act Partial invalidity,
shall be held unconstitutional, the parts not unconstitutional
shall remain in force, and the unconstitutional part shall be
regarded as exscinded.
Sec. 21. All laws and clauses of laws in conflict with the Conflicting laws
provisions of this Act are hereby repealed.
Sec. 22. This Act shall be in force and effect from and after
its ratification.
Ratified this the 5th day of March, 1943.
S. B. 29 CHAPTER 468
AN ACT TO AMEND THE CONSTITUTION PROVIDING
FOR THE ORGANIZATION OF THE STATE BOARD
OF EDUCATION.
The General Assembly of North Carolina do enact:
Section 1. Article IX, Section eight, of the Constitution of
North Carolina is hereby amended by substituting for the said
section, the following:
"Sec. 8. State Board of Education. The general supervision
and administration of the free public school system, and of
the educational funds provided for the support thereof, except
those mentioned in Section five of this Article, shall, from and
after the first day of April, one thousand nine hundred and
forty-five, be vested in the State Board of Education to consist
of the Lieutenant Governor, State Treasurer, the Superintendent
of Public Instruction, and ten members to be appointed by the
Governor, subject to confirmation by the General Assembly in
joint session. The General Assembly shall divide the State into
eight educational districts, which may be altered from time to
time by the General Assembly. Of the appointive members of
the State Board of Education, one shall be appointed from
each of the eight educational districts, and two shall be appointed
as members at large. The first appointments under this section
shall be: Two members appointed from educational districts
for terms of two years; two members appointed from educa-tional
districts for terms of four years; two members appointed
from educational districts for terms of six years; and two
Art. IX, Sec. 8,
N. C. Constitu-tion,
amended.
Administration
of free public
school system by
State Board of
Education.
How Board
constituted.
Eight educational
districts for State.
One appointive
member of Board
from each district.
Two members
at large.
Method of first
appointments.
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