1881_public laws_195_3
CHAPTER 194 AN ACT TO EMPOWER THE COMMISSIONERS OF MACON COUNTY TO RAISE REVENUE. The General Assembly of North Carolina do enact :
That the commissioners of Macon county are hereby authorized and empowered to issue bonds of the county in sums of one hundred dollars or less, which bonds shall bear interest not to exceed the rate of six per centum per annum from date of their issue, and shall run and be due six years from the date of their issue, and said bonds shall not exceed in the aggregate the sum of ten thousand dollars: Provided, The county authorities shall have the right at any time to retire part or all of said bonds before maturity.