1905_public laws_163_10
CHAPTER 162 AN ACT TO AUTHORIZE THE COMMISSIONERS OF CAS- WELL COUNTY TO SUBMIT TO THE QUALIFIED VOTERS OF SAID COUNTY THE QUESTION OF ISSUING BONDS - FOR THE PURPOSE OF MAKING AND IMPROVING, ETC., THE PUBLIC ROADS OF SAID COUNTY. WHEREAS, the special tax authorized by chapter one hundred and thirty-eight, Public Laws of one thousand nine hundred and three, to be levied by the Commissioners of Caswell County for the years one thousand nine hundred and three and one thousand nine hundred and four is no longer necessary for the general county expenses ; AND WHEREAS, the public roads of said county are badly in need of repair: therefore, The General Assembly of North Carolina do enact:
When any of said bonds are sold the proceeds of such sale shall be paid by the purchaser or purchasers of said bonds to the: Treasurer of Caswell County, who shall keep said funds and all other funds which may come into his hands under the provisions of this act separate and apart from all other funds which may be in his hands, and he shall keep separate accounts of the same; and said treasurer shall, annually, before any fund provided for in this act be paid over to him, execute an official bond, payable to the county of Caswell, in the usual manner, equal to the greatest amount which may at any time come into his hands during the succeeding year by reason of this act, conditioned for his faithful safe-keeping of the same and rendering a due account in respect thereto, and in all things holding and dispensing and accounting for the same as is required under the provisions of this act, which said bond shall be passed upon by the board of county commissioners under the same rules and regulations now governing the bonds of county officials. All orders directed to the treasurer for the payment of money under the provisions of this act shall state on their face that they are highway orders, and to what account they are chargeable, and shall be signed by the chairman and secretary of said highway commission.