1907_public laws_759_9
CHAPTER 758 AN ACT TO CONSTRUCT PERMANENT HIGHWAYS IN RANDOLPH COUNTY. The General Assembly of North Carolina do enact:
That none of the bonds authorized by this act shall be disposed of by said Highway Commission by sale, exchange or otherwise for less than their face value and accrued interest, nor shall said bonds or proceeds be used for any other purpose or purposes than those declared by this act: Provided, however, that the purchasers of said bonds shall not be required to see to the application of said fund. When said bonds are issued they shall be numbered consecutively, and the coupons attached and issued with them shall bear the number of the bond to which they are attached. The bonds and coupons shall state on their face when they are due and when payable, and said bonds shall show by what authority they are issued. #NAME? said Highway Commission shall record all their proceedings in respect to said bonds in the minutes of their meetings, and whenever the same are sold, the number of bonds and their denomination, to whom sold, and the number of coupons attached, must be recorded in said minutes: Provided, that the minute-book and all other books kept by the Highway Commission shall at all times be open to the inspection of the Commissioners of Randolph County.