1959_session laws_827_3
CHAPTER 826 AN ACT TO AUTHORIZE APPROPRIATIONS BY THE BOARD OF COMMISSIONERS OF MONTGOMERY COUNTY FOR INDUSTRIAL DEVELOPMENT AND OTHER PURPOSES. The General Assembly of North Carolina do enact:
The said board is authorized and empowered to make such appropriations from any surplus funds, including funds in the sinking fund not needed for debt service, from surplus on hand in the general fund on June 80 of each year and not needed to finance regular appropriations in the general fund in the ensuing year, and from any source or sources of revenue coming into its hand other than funds derived from ad valorem taxation.