1907_private laws_318_2
CHAPTER 315 AN ACT TO AMEND CHAPTER 1 OF THE PRIVATE LAWS OF THE STATE OF NORTH CAROLINA, SESSION OF 1885, INCORPORATING THE LAW LIBRARY ASSOCIATION OF CHARLOTTE, NORTH CAROLINA. The General Assembly of North Carolina do enact:
That section ten of chapter one of the Private Laws of the State of North Carolina, Session of one thousand eight hundred and eighty-five, be amended by striking out all after the word declare, in line four of said section, and inserting in lieu thereof, as a part of said section ten, the following: That the provisions of this and the preceding sections of this chapter concerning stock in said corporation shall refer only to what is known as common stock, and all the stock of said corporation heretofore issued and now in force, to-wit, twenty-three shares, shalt be deemed and is hereby declared to be common stock, as well as any additional stock not exceeding, with what has already been issued, twenty thousand dollars; and that one share of common stock in the corporation shall entitle the holder to all the privileges of the library as defined and prescribed by the by-laws.