1917_public local laws_110_6
CHAPTER 109 AN ACT TO AUTORIZE THE COMMISSIONERS OF YADKIN COUNTY TO ISSUE BONDS FOR ROAD PURPOSES, AND TO CREATE AND ESTABLISH A ROAD COMMISSION. The General Assembly of North Carolina do enact:
That it shall be the duty of the board of commissioners of Yadkin County to annually invest any and all moneys arising from said special tax for sinking fund in the purchase of said bonds, if the same can be bought at a price advantageous to the county, and if not, then to invest said funds upon approved security and upon terms advantageous to the county. Said funds to be invested in Yadkin County if satisfactory and safe investment can be had.