BC 1953 08 03 - Laserfiche WebLink

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bonded indebtedness of said County incurre~by the Bcar~ of Commissioners (as an administrative agent of the State in providing a State system of public schools) for maintaining the constitutional six months' school term". In the bonds designated "General Refunding Bonds" there-shall be inserted the words: "refunding a like amount of the principal of valid subsisting bonded in- debtedness of ~said County~ including bonded indebtedness incurred for the construction of roads and bridges in said County before January l, 1929". Section ~. That said bonds shall be registerable as to principal alone in accordance with the provisions for registration hereinabove in this resolution provided to be endorsed upon said bonds, and the County Treasurer is hereby d~signated Bond Registrar for the registration and transfer of said bonds, subject to the rigkb of the Board of Commissioners for the County of Cabarrus hereafter to designate another Bond Hegistrar. No charge shall be made to ar~ bondholder f~r the privilege ,of resistration herein granted. Section 8. Tha~ the action of theCoun~y'~tt~rney ih requesting the Local Government Commission to advertise and sell said $72,000 Refunding Scheol Bonds a~d $24,000 General Refunding Bonds b e and the same is hereby ratified and confirmed. Upon motion of Commissioner L. Smoot Lyles, seconded by Commissioner P. Ernest Stallings, the foregoing resolution entitled: "RESOLUTION PROVIDING FOR '1HE ISSUANCE OF $72,000 REFUNDD~G SCHOOL BONDS AND $24,000 GENERAL REFU}~ING BONDS" was passed by the following vote: Ayes: Commissioners Hdmer L. Fink, P. Ernest Stallings, L. Smoot Lyles, L. Bowman Barrier a~d Oha~-man J. Lee White. Noes: None I John R. B~g~r, Register of Deeds a.,'~ ~ .Qffic~o~ ,Cl~rk of the Board of~ C,ommiamio~ers f~ t~e County of ~Cabar~ ~rUs~ North Carolina,~ ~DO HEREBY ~CERTIFY that ~the proceedings of said Board at a regular meeting held August 3, 1953, have heretofore b,e~ fully recorded by me in the official records of said Board, in Book /~ of the minutes of said Board, beginning at page ,/~/ ,, and ending at page _ /~ , aud th~ the foregoing matter has beenl iterally copied fr~m said recorded minutes and is the whole of that portion of said minutes which relate~ in any way to the issuance of bonds of said County. WITNESS my hand ard the corporate seal of said County, ~his ~ day of August, 1953. ' ' '/~egister ~f'Deeds and ~x officio lerk of Board of Commissioners