1905_private laws_413_8
CHAPTER 413 AN ACT TO BUILD A GRADED SCHOOL BUILDING IN THE TOWN OF ASHBORO. The General Assembly of North Carolina do enact:
That said taxes shall be collected by the Tax Collector of the Town of Ashboro at the time and in the manner that the municipal taxes are collected, and said tax collector shall pay the same to the treasurer of said town, and shall keep such money separate and apart from the municipal funds. And the treasurer shall pay out said taxes and other funds which may come into his hands for the use of said graded schools only upon the warrant of the chairman and secretary of said board of graded school trustees: Provided, that said tax collector and said treasurer shall enter into bond in such amounts as said board of trustees may direct for the faithful performance of the demands of their respective offices.