1905_private laws_165_34
CHAPTER 165 AN ACT TO AMEND AND CONSOLIDATE THE CHARTER Ol] THE TOWN OF MARSHALL. The General Assembly of North Carolina do enact:
That for the purpose of providing a system of waterworks, a system of sewerage, electric lights and improving the streets and sidewalks of the town, the board of aldermen of said town are hereby authorized and empowered to issue bonds for that town from time to time, to an amount not exceeding in the aggregate the sum of twenty thousand dollars, of such denominations and form, executed and transferable, payable at such time or times, not exceeding thirty years from the date thereof, and at such place or places as they may determine, bearing interest at a rate not exceeding five per centum per annum, with semi-annual interest coupons attached, payable on the first day of January and the first day of July of each year.