1937_public laws_366_5
CHAPTER 365 AN ACT TO AUTHORIZE THE ISSUANCE OF BONDS AND NOTES OF THE STATE FOR ERECTING A NEW STATE OFFICE BUILDING OR FOR MAKING ADDITIONS AND ALTERATIONS TO ENISTING STATE OFFICE BUILD- INGS. The General Assembly of North Carolina do enact:
Said bonds shall bear such date or dates and such rate or rates of interest not exceeding five per cent -5% per annum, payable semi-annually, as may be fixed by the Governor and Council of State, and shall mature in such amounts and in annual series, beginning not more than three -3 years, and running not longer than thirty -80 years from their date or respective dates of issue, as may be fixed by the Governor and Council of State.