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1891.—Chapter 589—590. 641
the corporate seal of said town of Durhatu to the secretary of state,
which said certificate of the result of said election shall be filed by
the secretary of state in his office. If at said election a majority of This act to lake
the quahfied voters of said town of Durham shall not vote ''For n^jo^hy of cfuaU.
school bonds," then this act shall be thereafter of no force and effect; fled voier;-.
but if at said election the ballots cast "For school bonds;" shall
be a majority of all the votes cast and also a majority of all the
qualified voters of said town of Durham, then said board of commis-sioners
shall proceed at once to issue and sell said bonds or so many
thereof as may be necessaiy, in the judgment and discretion of said
" School committee of the town of Durham," in Durham county, for
the purposes aforesaid.
Sec. 4. In order to pay interest on said bonds and to create a sink- Special tax.
ing fund to pay the principal of said bonds at maturity, tiiC couimis-sioners
of the town of Durham shall levy and collect a special tax
of ten cents on every hundred dollars worth [of] taxable property in
said town and thirty cents on each taxable poll, or such other special
taxes as may be necessary for that purpose, observing the equation
of taxation between property and polls fixed by the constitution for
the purpose of state and county taxation, and the money paid into
the said town treasury received from taxes under this act shall be
appropriated for the payment of the said bonds and couiions and
for no other purpose whatsoever: Provided, all moneys remaining proviso.
in the treasury belonging to said fund after all the aforesaid bonds
and coupons shall have been redeemed may then be transferred by
order of said school committee to the general funds of said town of
Durham.
vSec. 5. The ti-easurer of said town of Durham shall be allowed in conipensation of
full payment for his services a commission of two per centum on treasurer.
the amounts disbursed under this act arising from the sale of said
bonds, but shall not be allowed anything for receiving the same
from the town tax collector.
Ratified the 9th day of March, A. D. 1891.
CHAPTER 590.
An act to provide for the collection, arrangement and display of the prod-ucts
of the state of North Carolina at the World's Columbia Exposi-tion
of eighteen hundred and ninety-three, and to make an appropria-tion
therefor.
Whereas, the congress of the United States has provided by an „ ,
act, April twenty-fifth, eighteen hundred and ninety, for celebrating
the four hundredth anniversary of the discovery of America by
Christopher Columbus by holding an international exhibition of arts,
41
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| Title | Page 689 |
| Full Text | 1891.—Chapter 589—590. 641 the corporate seal of said town of Durhatu to the secretary of state, which said certificate of the result of said election shall be filed by the secretary of state in his office. If at said election a majority of This act to lake the quahfied voters of said town of Durham shall not vote ''For n^jo^hy of cfuaU. school bonds," then this act shall be thereafter of no force and effect; fled voier;-. but if at said election the ballots cast "For school bonds;" shall be a majority of all the votes cast and also a majority of all the qualified voters of said town of Durham, then said board of commis-sioners shall proceed at once to issue and sell said bonds or so many thereof as may be necessaiy, in the judgment and discretion of said " School committee of the town of Durham," in Durham county, for the purposes aforesaid. Sec. 4. In order to pay interest on said bonds and to create a sink- Special tax. ing fund to pay the principal of said bonds at maturity, tiiC couimis-sioners of the town of Durham shall levy and collect a special tax of ten cents on every hundred dollars worth [of] taxable property in said town and thirty cents on each taxable poll, or such other special taxes as may be necessary for that purpose, observing the equation of taxation between property and polls fixed by the constitution for the purpose of state and county taxation, and the money paid into the said town treasury received from taxes under this act shall be appropriated for the payment of the said bonds and couiions and for no other purpose whatsoever: Provided, all moneys remaining proviso. in the treasury belonging to said fund after all the aforesaid bonds and coupons shall have been redeemed may then be transferred by order of said school committee to the general funds of said town of Durham. vSec. 5. The ti-easurer of said town of Durham shall be allowed in conipensation of full payment for his services a commission of two per centum on treasurer. the amounts disbursed under this act arising from the sale of said bonds, but shall not be allowed anything for receiving the same from the town tax collector. Ratified the 9th day of March, A. D. 1891. CHAPTER 590. An act to provide for the collection, arrangement and display of the prod-ucts of the state of North Carolina at the World's Columbia Exposi-tion of eighteen hundred and ninety-three, and to make an appropria-tion therefor. Whereas, the congress of the United States has provided by an „ , act, April twenty-fifth, eighteen hundred and ninety, for celebrating the four hundredth anniversary of the discovery of America by Christopher Columbus by holding an international exhibition of arts, 41 |
