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HomeMy WebLinkAbout0613193174 The Board of Commissioners met in adjourned session with the following members present: J.W. Raiford, Chairman, E.L. "poke, J. .4s Ennis, Hill. 0'' inn JJ H Williams. Also, I.R. Williams, °aunty Atterney. and RESOLUTION: WHEREAS the 24.acres known as J.A. Marsh residence in Town of Lillington, Lillington Township, Harnett "ounty, North Carolina, is encumbered and the holders of said encumbrances desire that tax may be paid on said real estate separate and apart from other taxes of said J.A. Marsh for year 1930 for County of Harnett and whereas the 1930 tax value of said 21 acres if #3500.00: NOW THEREFORE be it resolved that said 24 acres residence of J.A. Marsh in Town of Lillington bereleased of any and all taxes for year 1930 upon the val cation of *3500.00, and the Tax Collector and Auditor are authorized and directed to "issue proper receipt as payment in full of said tax upon payment of 1930 County taxes on valuation of *3500.00■ Board of Younty commissioners of Harnett County. By J.W. Halford, Chairman. OF NORTH CAROLINA: COUNTY OF HARNETT: Lillington, N.C• June 13th..1931. At an adjourned regular meeting of the Board of Commissioners of Harnett ounty, N rth`Carolina, held in the ourthouse at Lillington, North Carolina, on the 13th day of June, 1931 at 10 o'clock, A.M. Present: J.W Belford, ? hairman, H.M.''O'�zinn r , member E.L. "ooke, Member J.H. Williams, member, J.B. Ennis, Member, Edwin Harrin_.ton; Clerk. Absent None. The clerk presented publisher's adfidavit showing that the otder authoriz- ing the issuance of 674,000.00 Funding Bonds of the County of Harnett, which was introduced at the regular meeting of the Board of Commissioners of Harnett '4ounty on June 1st. 1931, was published; in The Dunn Dispatch, a newspaper publisher in the "ounty pf Harnett, on June 2nd. 1931, together with the Statement in the form - prescribed by section 16 of the County iinance Act that any citizen or taxpayer may protest against the issuance of daid bonds at a meeting of the Board of County dommissioners to be held at 10 otcloek, A.M. on June 13th. 1931. At the hour of 10 o'eloek, A.ti. the 4hairman announced that the Board would he hearaany and all citizens or taxpayers who might desire to protest against the issuance of said bonds. NO PROTEST After hearing all persons desiring to be heard the hearing was declared ulosed. It was moved by Mr. J.B. Ennis and seconded by Mr. E.L. "Doke that the or- der entitled " An order authorizing the issuance of 675,000.06 Funding Bonds of °County of Harnett, North Carolina" introduced at a regular meeting of June lst. 1931, be adopyed without chance; or amendment. Said motion was earried by the following roll -call vote: J.W. Halforci: yes. Chairman E.L.' Cooke yea J.B. Ennis yea H.M. O'Q,uinn yes J.H.Williatyes the Upon motion of Mr. J.H. Williams,Jr, seconded by M , H.M. O'Qu.inn, the following resolution was unanimously adopted RESOLVED, that the "lerk of this Board is hereby directed to publish once in each of two successive weeks in The.l'unn Dispatch, s newspaper published in County of Harnett, a copy of the bond ceder authorizing the issuance of $75,000 Funding Bonds of the county of Harnett, NorthOarooina, and adpoted on tnis date together with a notice appended thereto in the following form: "The foregoing order was finally passed on the 13th day of June, 1931 and was first published on the 16th day of June, 1931, Any action or proceeding questioning the validity of said order must be commenced witnin thirty days after its first publication. Edvrin Barrington; he Oiker, Board of County Dom. WHEREAS under, by virtue of and in pursuance of the laws of the State of North Carolina, includingb , among others, tne county Dttancea, arasau�hrndedd toe Board of ing Bondsneor, tne Harnett purpose- of funding a valid tnde ebteof to issue Funding Bonds nor red prior to July 1, 1931, the ow due of Harnett winti incurred one e from the passage of tne order aunori- is now due or paYablB wintin one y ar said leans of bonds as set $ingsame, and indebtedness to be funded by expenses of the oounty, Ems' eat es of bonds fortu in said upkeep profrraod. andrbridges necessary and tne payment and the upkeep by tax intieipation borrowed dad ribedein sai is now represented ehich mainly given for money described in said bond order, to meet said expenses; and past two years and still onctinnes, ti nas been found impossible to orlthe WHEREAS by eweso ; of the unusual drepession anion nab existed for t e sufficient taxes to pay said notesrenda indebtedness twhen due one it will be a hardship on tne taxpayers pay said notes; BE IT RESOLVED by this Board of0oamisionere that an NWT, THEREFORE, sts reason of tne present extraordinary financial Funding of tne my and by of the county end that therefore the issuance of said $75,000.00 that said bonds Bonds is d hereby the declared oitel approval special General Assembly as given are issued wit, the and Sections rj+}, 55 and CO of the Local Government ►ot. FURTHER RESOLVED, 'Mat shall be levied they fall due and to said pay taxes are 08T0b and roses satd taxes are lr pp= vallofetneoGeneral taxes Assm bly and snail not be sub�eot vita the limitation special pr eo the limitation preseoibre in Section b, article 0 of the Consitution of North Carolina. se and pususae to BE TI FURTHER REBOOTED that for tne eiadpurPo Bonds, able one county 13 h, Finance 9 Act t,e county to tne bond order payer on June r. id31. to Bearer. laid bonds shall be in coupon foroi,�rKi00Ostsaon,enu�mber d from to both principal and 75) both inclusive, bears giteres% at tne lowest bid rate 1 to 15 es to 75) per annum, payable seS- annulally bf interest not to at exceed six per cent Pe both principal and interest payable at THE CHASE NATIONAL BANK, in the aiYsnall mature inetneirknumterieai order tbeginning vith Bond f June, 1931 ndNo. 1, as and d follows* of June in tne years 1933 and 1934. ,000 on the first day of June in the years 1935 and 193b. 5,000 on the first da of Juen in leihredxthe years 1937 to 939 both inclusive. of June in eabh of the years 1940 to $6,000 on the first day 1942 both inolusive, and ni June in each of the years 1943 to 1 O00 on the first day 946, both inolusive. Said bonds shall be signed by the Chairman of the Board of County hall Commissioner and attested by the Clerk of the said Board, and s hid shall the seal of the oounty affixed thereto. The coupons Lure of the Clerk of said board, but his signature thereon bear the elite hed or engraved fao- simile. ns thereto may be By lithographed RESOLVED that said bonds and ithe tou pons Bt hT FUbe i attached shall be is substantially the iollowigg , N0. STAATE STATE OF CAROLINA COUFUT NDING BOND $1,000.00 The oounty of Hammett in the state of North Carolina, hereby to acknowledges itself indebted, andfor vaiuee rreceTved, promisesdsoi y teak bearer, or, if this bond be registered, the sum of O f t .THOUSAND DOLLARS and to pay the interest thereon fromtbe 00t on the first day the rate at, o9_, PER GENT (_„}) per annum, payable date of this , on the first day fo One and December 1b eahc year, payable semi-annually, to the person in whose upon presentation become and e, surrender hisfbond annexed reds therefor, as e name it bregis due, + principal and interest are payable inilawful name io is the UnstedeS. Both f p at the CHASE NATIONAL BANK money of the United State of American, At the request of the holder, ups oi3t of state of New York. n presentation of this bosai,d oouponaall unmatured coupons thereof, to the Treasurer of Harnett county, Will be detached and cancelled and this bond registered in the name of holder on the books of the said Treasurer. After such registration, noted hereon by ouch Treasurer, no transfer of this bond shall be valid noted hereon by the Basurer. , unless made on said boodk by the registered owenr tffi' person, or by attorney, and This bond is one of an authorized issue of sevepty -five likd date, tenor and effect except as to date of maturity, numbered from one to seven •. (75) bonds of one DOLLARSve (1 to 755 both inclusive, aggregating SEVENTY -FIVE ($75,000.00),_issued for the purposes of funding a valid indebtedness of the County of Harnett incurred prior to July 1, 1931, and which indebtednes is now due o$ of the order authorizing same, under pursuant one year from the passe as amended,and a resoluttA.on duly adopted bysthe Board of Commisi ners of said county, County Finance Act It is hereby certified, recited and deoalred that all acts, conditions and th ngs required by the Consitution and Stateues of the state of North Carolina to exist, happen and be performed, precedent to or in the issuance of this bond, exist, have happened and have been performed, in due form of the and manner, and that this issue of bonds, together with all other indebtednes by the Con itituojaandtStatute tofnsaaidrState. and he ©full faith andoredit of said County are hereby prescribed and interst hereof whenatpdueedged for the puncutuai paymmntof the principal IN WITNESS WHEREOF, the said county of Harnett, has caused this bond to be signed by the Chairman o f its Board of County Commisio#er and attested by the Clerk of said board, and the seal of said county to be affixed h ereto and the coupons hereto, attached, to bear the fac- simile signature of the Milek k:xstax of said Board, all as of the firm day of June, 1931. ATTEST: rman, :r.ar o Commissioners. Clerk Board of Commissioners, (INTEREST COUPON), On the first day of , 19 & , the county of Carolina, will pay to bearer, AT TBE_6AibJ NATIONAL BANK and State of New York, money of the United State of AAmmerioan , B ngLaixSmontthsc"— due on its Funding Bond, dated June, 1, 1931. No. Harnett North , in the city ) in lawful interst then Clerk, Board of County Commissioners (FORM OF CERTIFICATE OF LOCAL GOVERNMENT DIRECTOR TO BE PRINTED ON BONDS), The issuance of this bond has been approved under the provisions of the Local Government Act, tItai. M. Johnson, Director of LocalGovernment` and Ex- Officio Secretary of the LOCAL GOVERNMENT COMMISSION) BY: It within bond, hereto, numb from not transfer Treasurer of owner of his Designated assistant. IND0RESEMENT ON BOND. is Hereby certified that at the request of the holder of the I have this day cut off and cancelled ered from coupons attached Soto iusiveg coupons maturing hereof shallbe effectual unless made 9on thei books i f� the eres,tt the w unty of Harnett aakas$xmotaxaxfla by the registered attorney and noted hereon. Dated 19 Treasurer. DATE OF REGISTRATION IN WHOSE NAME REGISTERED TREASURER 5 r BE IT FURTHER RESOLVED, that the Treasurer is hereby authorised and directed to provide a sutiable book or books for the registration of such bonds and oarry out the providieon set forth in said bonds for the oo =version of same into registered bonds and for the transfer thereof. BE IT FUUTHER RESOLVED that the proceeds of said bonds shall be used only for the purpose of funding a valied indebtedness of the aunty of Harnett incurred prior to July 1, 1931, and which indebtedness is now due or payable within one year fromthe passage of the orders authorising same. BE IT FURTHER RESOLVED that there saall be annually levied and collected in the same manner as other taxes are levied and collected upon property in the county a tax ad valorem upon all the tamable property in the county sufficient to pay tne interest on said bonds as it falls due, and the principal thereof at maturity, which said tax and this resolution orderin g the same, shall be and remain irrepealable as long as any of said bonds shall remain outstanding and unpaid. BE IT FURTHER RESOLVED, that the Chairman and Clerk of the Baord of Commissioner are hereby authorized and directed to sign said bo$d and affix the seal of the county tnereto and when this signed and sealed, the county Tresrurer is authorised and directed to deliver said bonds of eh Local Govenment Commission of North Carolina, at Raleigh, N. 0. fro their approval and delivery to the purchaser thmeugh the state Treasurer. BE IT FURTHER RESOLVED, that the local Goverment Commission of North Carolina be requested sat to advertise and sell said bonds as herein authorised and described, on such date as they may determine. On mition, of ¥r ;.HUM.O'Quinn, seconded by Mr. E.L.Cooke, the foregoing preambles and resolutions were adopted by the following roll -call vote, to -wit: Oommissionensvoging in favor of saidgjakirand resolutions: J. 1. Halford,Chariman Yes E.L.Oooke, Member Yes J.B.Ennis, Member Yes H.MO'Quinn, Member Yes J.H.Williams, Jr. Member Yes No commissioners voting against said preambles and resolutions. NORTH CAROLINA HARNETT COUNTY. I,Edwin Harrington, Clerk to the Board of County Oommisioner of Harnett county, North Carolina, do hereby certify that the foregoing 1s a true and correct copy of order as finally passed and reeolutions adopted by said Board at an adjourned regular meeting held lathe courthouse in tne tonw of Lillington, North Carolina, on June 13th, 1931, as dial of which appears of records on the minutes of said Board in my office. I fruther certify that sia a Board 1s composed offted members and that five memebrs were preenet at said meeting and that five memebrs voted In favor of the final passage of the orders and the adoption of said resolutions. IN WITNESS WHERETO, I hake hereunto set my hand and the seal of said county 11 hereto affixed, the the 13th day of June, 1931. Edwin Harrington, 0 lark of Board of County Commissi ners (SEAL) Harnett county, N.O. 78 STATE OF NORTH CAROLINA COUNTY OF HARNETT. The attached advertisement of bond order of Harnett county N. C. appeared in The Dunn Dispatch of Dunn, B.O. on June 2nd. 1931. " AN ORDER AUTHORIZING THE ISSUANCE OF SEVENTY -FIVE THOUSAND DOLLARS ($75,000.00) FUNDING BONDS OF THE COUNTY OF HARNETT, NORTH CAROLINA. BE IT ORDERED by the. Board of commissioners of the county of Harnett North Carolina, -as follows: - Section 1. Pursuant to o -The County Finance Act of North Carolina bonds of the County of Harnett, North Carolina, are hereby authorized to be issued for the purposes of funding a valid indetbedness of the county of Harnett incurred prior to July 1, 1931 and wnich indebtedness is now due or payable within one year from the passage of this order, and was created for necessary expenses of the county,` and which indebtedness is more- particularly described as follows: Tax Anticipation Notes, Dated Jan. 19, 1931 Due June 19, 1931 -- - $25,000.00 Tax Anticipation Notes Dated April 20, 1931 Due July 20, 1931- -'- - - $50,000.00 Total- - - -- 475,000.00 Section 2. The maximum aggregate principal amount of 'the bonds to be issued is SEVENTY FIVE THOUSAND DOLLARS ($75,000.00). Section 3. A tax sufficient to pay the principal arrant and interest of such bonds whead due shall be annually levied and colected. Section 4. A statement of the County debt of said County has been filed with the Clker of the Board of Commissioner of said County and 1s open to , public inspection. Section 5. This order shall take effect upon its passage and shall not be submitted to the voters. The foregoing order has been introductddand a sworn statement has been filed under the County Finance Act dhowing the assessed valuation of the county to be $24,667,013,00 and the -net debt for other than School purposes to be $7320000. A taxiatklibe levied for the payment of the proposed bonds and interest if the same shall be issued. Any citizen ar tax payer may protest .against the issuance of such bonds at a meeting of the Board of Commissioners to be held at 10:00 O'clock A. M. on the 13th day of June, 1931, or an adjuurnement thereof, at the Coutthouse'in Lillington, N. 0. Edwin Harrington, Clerk Board of Oommissioer, Harnett county, N. C. L. Busbee.Pope, being duly sworn, says that he is Publisher, Editor, Associate Editor, tininess manager , Assistant Business Manager, Advertising Manager or Ass Cant Advertising Manager, as evidenced by the signature hereto, of The Dunn Dispatch, a bi- weekly newspaper published in the Tonw of Dunn, North Carolina, and that the attached order as introduced for the issuance of $75,000.00 Funding Bonds of the County of Harnett, North Carolina, appeared in the said Dunn Dispatch, on June 2, 1931 and that said papers has the largest or second largest circulation of any newspaper Ln the County. L. Bhsbee Pope- Subscribed and sownr to before me this the 13th day of June, -1931. Mallie Adams Jackson (SEAL) N.P. My come exp: Oct. 18, 1931. STATE OF NORTH. CAROLINA Lillington, N.C. COUNTY OF HARNETT June 13th, 1931. At an adjourned regular meeting of the Board of Commissioners of Harnett County, North Carolina, held in the Court House at Lillington, North Carolina, on the 13th day, of June, 1931, at 10 :00 O'clock A. M. Present: J. W. Raiford, Chairman, h. M. O'Quinn, Member E. L. Cooke, Member J.H.Williams, Jr. Member J. B. Ennis, Member, Edwin Harrington, Clerk A sett: None. The Clerk presented publishers' affidavit showing that the order authorizing the issuance of $60,000 School Funding Bonds of the County of Harnett, which was introduced at a regular meeting of the Board of Commissioner's of Harnett County, on June lst. 1931, was published in The Dunn Dispatch, a newspaper published in the county of Harnett, on June 2nd. 1931, together with the statement in the form prescribed by Section 16 of the County Finanoel Act. that any citizen or taxpayer may protest against the issuance of said bonds at a meeting of tne Board of County Commissioners to be heal at 10:00 O'clock A.Y. on the 13th day of June, 1931. At the hour of LO:00 O'clock A. Y. the Chairman announced that the Board would hear any and all citizens and tax payers *to might desire to protest against the issuance of said bonds. No Protest. After hearing all persons desiring to be heard the bearing was declared closed. It was moved by YrgH.Y.O'Quinn seconded by Mr. J.B.Ennis, that the order entitled "An Order authorising the issuance of $60,000 School Funding Bonds of the County of Harnett North Carolina 0 imeteduoed at a,. regular meeting on June let, 1931, be adpoted without change or amendment. Said motion was carried by the folloing roll -call vote: J.W.YaYiord, Chairman YES E.L.Oooke, ¥ember YES J.B.Ennis, Member YES H.M.O'Quinn, Member YES J.H.Williama, Jr.member YES Upon motion of Mr. J.H.Williams, Jr. seconded by Mr. E.L.Oooke, the following resolution was unanimously adopted: RESOLVED That the Oilrk of this Board is hereby directed to publish once in each of two successive weeks in the Dunn Dispatch, a newspaper published in the county of Harnett, a copy of the bond order authorizing the issuance of $60,000 School Funding Bonds of the County of Harnett, North Carolina, and adopted on this date together with a notice appended thereto in the following form: •The foregoing order was finally passed on the 13th day of June, 1931 and was first published en the 16th day of June, 1931. Any action or proceeding questioning the validity of said order must be commenced within thirty days after its first publication. Edwin Harrington, Clerk Board of County Commissioner. WHEREAS, under, by virtue of and in pursuance of the Laws of the State of North Carolina, including, among others, The County Finance Aot, as amended, tne Board of Commissioners, of Harnett County, North Carolina, are authorized to issue School Funding Bonds for funding a valid indebtedness of tne County of Harnett incurred prior to July 1, 1931 and wnioh indebtedness is now due or payable within one year from the passage of the order authorizing same, and was created for carrying efl at least a six months' school term in Harnett county, same being a part of the uniform State system of Public Schools required by the Constitution; NOW, THEREFORE, BE IT RESOLVED, by this Board of Oommisioners that tneindebtedness of $60,000 to be funded by these resolutions is hereby determined bythis Board to be already due or to become due and payable within one year after the passage of the order authorizing same, which order was finally passed by this hoard on June 13th, 1931. BE IT FURTHER RESOLVED that for the said purposes and pursuant to the County Finance Act as amended, and to the bond order finally passed on June 13th, 1931, the County issue $60,000 SCHOOL FUNDING BONDS, payable to Bearer. Said bonds shall be in coupon form registerable as to bont principal and interest cf *mho, denomination of $1,000 hc, numbered from one to silty ,(1 to 603 both inclusive, bearing interest at the lowest bid rate of interest not to exceed six per cent per annum, payable semi - annually both principal and interest payable at THE 0*18* NATIONAL BANK In tne city and State de New York, and abail be dated tne first day of June, 1931 and shall mature in trier nsmbf cal order beginning with Bond No. l,as follows: r 0,000 on tne first 3,000 on the first $4,000 on tne first both inclusive, and $b,000 on the first botn inclusive. day of June in each day of June in each day of June in each of the years 1933 and 1934, of tne years 1935 and 1936, of the years 1937 to 1941, day of June in Bash of tne years 1942 to 1946, Said bonds shall be signed by the Cnariman of the Board of County Commissioners and attested by the Clerk ofsaid Board, and shall have the seal of tne county affixed thereto. The coupons thereto attahoed shall bear the Signature of theOlerk of said Board, but his signature thereon may be by lithographed or engraved fao- simile. BE TI FURTHER RESOLVED, that said bonds and tne coupons thereto attached shall be in substantially the following form: to -wit: No. UNITED STATE OF AMERICA1 STATE OF NORTH CAROLINA: COUNTY OF HARNETT SCHOOL FINDING BOND 1.000 The county of Harnett , -in the state cf North Carolina, hereby acknowleges tteelf indebted, and for value received, promises - to:pay to the Bearer or, if thhs bond be registered, to the registrered holder thereof, the sum of O N E T H O U S A N D D O L L A R S ($1,000.00) on the first day of June, 19__, and to pay the interest. thereon from the date of this bond at thexaffi *eof PER CENT ( per annum, payable semi - annually, on the first day of June and December in each year, upon presentation and surrender of the annexed coupons therefor, as they seteraily become due, or, if this bond be registered, to the person in whose name it is registered. Both principal, and interest are payable in lawful money of the United States of American, at THE CHASE NATIONAL BANK, in the city and State of New York, At the request of the holder, upon presentation of this bond with all unmatured coupons thereof, teethe Treasurer of Harnett county, said coupons will be detached and cancelled and this bond registered in the name of the holder on the books of the said Treasurer. After such registration, notes nereon by such Treasurer:, no transfer of this bond snail be valid, unless made on said books by the registereed owner bS- person, or by attorney, and noted hereon by the Treasurer. Tnis bond is one of an authorized issue of sixty4fo) bonds of like date, tenor and effect, except as to date of matutty, numbered from one to sixty 1 to 60) both inolusive, aggregating SIXTY THOUSAND DOLLARS ($bO,000.00) issued for the purpose of funding a valid indebtedness of the_ County of Harnett, incurred prior to July 1, 1931, and wioh indebtedness is now due or payable within one year from the passage of the order astttatmg authorizing same and was created for carrying on at least a dtt months! school -term in arnett, county, same being a part of the enfform State system of public schools required by the Constitution, under and pursuant to the County Finance Act as amended and. a resolution duly adopted by the Board of County SCommissioners of said county. It is hereby certified, recited and declared that all ants, conditions and things required by the Consitution and Statutes of the State of NorthCarolina to exist, happen and be performed, precedent to or in the issuance of this bond, exist,have happened and have been performed, in due form and manner, and that this issue of bonds,together with. all other indebtedness of the County of Harnett,.is within every debt and other limit prescribed by the Constitution and Statues of said State. The full faith and credit of siad County are hereby elaedged - for the punctual paymnet of the principal and interest hereof when due. IN WITNESS WHEREOF, the said county of Harnett has caused this bond to be signed by. the Chairman of its Board of County Commissioner, and attested by the Clark of the said Board, and the seal of the said County to be affixed hereto, and the coupons hereto attached to bear the fac- simile signature of the Clerk of said Board, all as of the first day of June, 1931. airman, Bosfd of Oou y Commission ers ATTEST: (INTEREST COUPONS) No On the first day of 19_, the county of Harnett, North Carolina., will'pay to Bearer, et THE CHASE NATIONAL BANK, in the city and State of New York, DOLLARS (0 ), in lawful money of the United States of Americas, being six months' interest then; due on its School Funding Bond, dated Junelst, 1931. No. Clerk, Board of County Commissioner (FORM OF CERFIFICATE OF LOCAL GOVERNMENT - DIRECTOR OT BE PRINTED ON BONDS) The issuance of this bond has been epproved under the provisions Local Government Act. Chas. M. Johnson- Director of Local Government and Ex- Officio Secretary -of the LOCAL GOVERNMENT COMMISSON. of the BY: Designated Assistant.. INDORSEMENT ON BOND It is hereby certified that at the request of the holder of the within bond, I have this day cuts off and cancelled coupons attached hereto, numbered from to inclusive, being coupons maturing from 19 Tr-- inclusive. - 19 , Hereafter no transfer shall be of eotuseunlese ma a on the books of the Treasurer of the county of Harnett by the registered owner or his attorney and noted hereon, Dated 19 . Treasurer. DATE OF REGISTRATIOia IN WHOSE NAME REGISTERED TREASURER. BE IT FURTHER RESOLVED, that the Treasurer is hereby authorized and directed to provide a suitable book or books for the registration of such bonds and carry out the provisions set forth in said bonds for the conversion of same into registered bonds and for the transfer thereof. BE IT FRRTHER RESOLVED, that the proceeds of said bonds shall be used only for the purposes of funding a valid indebtedness of the oounty of Harnett incurred prior to July lst, 1931 and which indebtedness is now due or payable within one year from the passage of the order authorizing same, and was created for carrying on-at least a six months' school term in Harnett county, same being a part of the uniform state System of public schools required by the Constitution. BE IT FURTHER RESOLVED, that there saall be annually levied and collected, in the same manner as other taxes are levied and collected spoil property in the oounty, a tax ad valorem upon all the taxable property in the County sufficient to pay the interest on said bonds as it falls due, and the princiapl thereof at matuttty, whioh said tax and this resolution, ordering the same, shill be and remain irrepealable as king as any of said bonds shall remain outstanding and unpaid. BE IT FURTHER RESOLVED, that the Chairman and Clerk of the Board of Commissioners are hereby authorized and directed to sign *hid bonds and affix the seal of the county thereto and when thus signed and sealed, the county Treasurer is authorized and directed to deliver siad bonds to the Local Government Commission of North Carolina, at Raleigh, N.C. for their approval and delivery to the purchaser throught the State Treasurer. BE IT FURTHER RESOLVED that the Local Government Commisson of North Carolina be requested to advertise and sell said bonds, as herein authorized and described, an such date as they may determine. On nation of Mr. J.B.Ennis, seconded by Mr. J.H.Williams, Jr. the foregoing preambles and resolutions were adopted by the following roll -call to -wit: J. W. Raiford, Chairman YE$. E.L Cooke, Member YES J.B.Ennis, Member YES H.M.0'Quinn, Member YES J.H.Williams, Jr. , Member YES No Commissioners voting against aaid preambles and resolutions. STATE OF NORTH CAROLINA COUNTY OF HARNETT. I, Edwin Harrington Clerk to the Board of County Commissioners, of Harnett County, North Carolina, do hereby certify that the foregoing is a true and correct copy of order as finally passed and resolutions adopted by said Board at an adjourned regular meeting held in the Court House in the Tonw of Lillington, North Carolina, on June 13th, 1931, as all of which appears of reoord on the minutes of said Board in my office. I further oertifty shit said Board is composed of five memebrs and that five memebers were present at said meeting and that five members voted in favor of the final passage of the order and the adoption of said resolutions. IN WITNESS WHEREOF, I have hereunto set my hand and the seal of sat(' County, is hereunto affixed, this the 13th day .f June, 1931. (SEAL) Edwin Harrington, Clerk Board of Commissions Harnett county, N. C. 82 STATE OF NORTH CAROLINA COUNTY OF HARNETT. The attached advertisement 04 bond order of Harnett County, North Carolina, appeared to the Dunn Dispatch, of Dunn, North Carolina, on June 2nd. 1931. " AN ORDER AUTHORIZING THE ISSUANCE OF SIXTY THOUSAND DOLLRS ($60,000.00) SCHOOL FUNDING BONDS OF THE COUNTY OF HARNETT, NORTH CAROLINA. BE IT ORDERED, by the Board of Commissioners of the county of Harnett North Carolina, as follows: Section 1. Pursuant to the County Finance Act of North Carolina, school bonds of the county of Harnett, North Carolina, are hereby authorized to be issued for the prupose of funding a valid indebtedness of the county of Harnett- incurred, prior to July 1, 1931 to Garry on a six months' school term in said county, same beinga` part of the unifrom state system of Public Schools required by the 3onsitution axed which iddebtedness is now due or payable within one year from the passage of this order and was created for necessary expenses of the county and which indebtendess is more partueilary described as follows' s14XXXX Ci AMLIAN AXANXt'MT Avafi XX KUlX MNIXAM I MAXXXANA Z7Q UXAtXl OMIXIKAITU Ci 4 XAXXXIMAIr aCMPUCA N MArK MICILIK maingutairvvranallsrastskiglummdmarnzYWITUALLIKARAKIMAKAZIAXIBMII ABANAMAJNEXKKKAWARAKAS Tax Anticipation #rotes to carry on a ‘ditiononthst school term in said county same:beirg a part of the uniform state system of public schools required by the Consitution - - - - - - - - - - - - - - Dated Jan. 19, 1931 Due June 19, 1931 Tax Anticipation notes ot carry on a six months' school term, in said county same being a part of the uniform state system of public school required by the Consitution, Dated April 20, 1931: DUBS July 20, 1931 r - - - - - - $20.000.00 Total $60,000.00 Section 2. The maximum aggregate principal amount of the school bent to be issued is SIXTY THOUSAND DOLLARS ($60,000.00) Section 3. A tax sufficient to pay the principal and interest of such bonds when due shall be annually levied and collected. Section 4. A statement of the school debt of said county has been filed with the Clerk of the; Board of Commissioner of said county and is open to public inspection. Section 5. This order shall take effect upon its passage and shall not be submitted to the voters. The foregoing order has been introduced and a sworn statement has been filed xttk under theeounty Finance Act showing -gtke assessed valuation of the county ot be $24,667,013.00 and the net debt for school purposes including the proposed school bonds to be $922,910.00 A tax will be leived for the wment of the propses school bonds and interest if the same shall be issued. Any citizen or tax payer may protest against the issuance of such school bonds at a meeting of the Board of Commissioners to be held et 10:00 O'clock A.M. on the 13th day of June, 1931. at an the Ai3hudaa$nt Mine, 1931 dr the adjournment thereof at the courthouse in Lillington, North Carolina, $40,000.00 Edwin Harrinton, Clerk Board' of County Commissioners, Harnett county, North Carolina..` L. BUsbee Pope, being duly sworn, says that he is Publisher, Editor, Associate Editor, Business Manager, Assistant Business Manager, Advertising Manager or Assistant Advertising Manager, as evidenced by the signature hereto of The Dunn Dispatch , a bi- weekly newspaper published in the tonw of Dunn,'NorthCarolina, and that the attached order as introduced for the issuance of $60,000.00 School Funding Bonds of the County of Harnett, North Carolina, appeared in the said Dunn Dispatch on June 2nd. 1931 and that said newspaper= has the largest or second . larges oirculktbnn thif any newspaper in the county. L. Busbee Pope, Subscribed and sworn to before me this the 13th day of June, 1931. (DEAL) Bailie Adamsgackson, - -N.P. My corn. exp; Oct. 10, 19331