1933_public local laws_269_3
CHAPTER 268 AN ACT TO ALLOW CERTAIN DISCOUNTS IN THE PAY- MENT OF DELINQUENT TAXES IN THE TOWN OF BEAUFORT. The General Assembly of North Carolina do enact:
That amount of payment or payments to be made under the schedule set forth in section one of this act shall be computed and determined by allowing the discount or discounts appropriate to be made from the principal face amount of the tax sales certificate or certificates now outstanding and held by _ the said Town of Beaufort or any other agency on its or their behalf. That is to say, the allowances above provided for shall be deducted from the face value of the certificates without the addition of any penalties or interest since the date of issuance of said certificates: Provided, however, that the provisions of this act shall not apply to the payment and/or redemption of certificates now outstanding and in the possession of third parties holding for value at the time of the ratification of this act: Provided further, that nothing in this act shall be con strued to authorize or allow the Town of Beaufort, through its collecting agency or agencies, to impose in the payment or settle ment above provided for any court costs or other expenses here tofore incurred on account of foreclosure proceedings institutec for enforcement of payment.