1885_private laws_88_3
CHAPTER 87 An act to authorize the town of Durham to issue bonds. The General Assembly of North Carolina do enact :
That the bonds shall not be sold for less than their face value, and that the proceeds arising from the sale of said bonds shall be expended by the Durham graded school committee in the purchase and erection of suitable grounds and buildings for the Durham graded or public schools for white children: Provided, however, that this act shall be submitted to the qualified voters of said town for their ratification or rejection at an election to be held in said town at such a time as the commissioners may appoint within twelve months from the ratification of this act. .Th said election shall| be advertised byithe;commissioners of said: town for thitty days prior to the.day of election in,at least. tworpapers published an said.town. i-Those,who,are in favor,of issuing; said bonds shall, vote -{For, school bonds, those, whozare opposed shall vote Ne school, bonds..5:Dhat,the number, of. votes bast,for and against said (honds shall be deposited sinya special box, counted and; duly certified .by ithe inspectors pf said, election and returned to the:commissioners.of said town, who,shall, certify theoresultpef said selection ol ithe Secretary! of State,and toithe register.of deeds of Durham county. df a, majorityoof themotes cast) shall-bei d+Kor school, bonds,,then ; said,com missioners) shall proceed: at once to issuesand sellthe bonds,:but; d a, miajority; of ithe votes, cast shall be .against,on!{ Novschool, bonds, then this act shallbe; ofi;mo\ force arid effect. . The anspectors shall, be, appointed and the election shall. be: held: as-all otherselections inj the:town. 19b10 [[ede madivd to awot od