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debts. <br /> <br /> Registerable as to principal alon~. <br /> <br /> Part of a total authorized issue~of $2,337,000 school .building bonds, <br /> $870,000 of which were ~voted at an election held on July 2~ 1946, and <br /> $1,467,OOO of which were voted at an election held on June 30, 1948. <br /> <br /> We have also examined one .of said bonds as executed (bond i~o..1) <br /> <br /> We am of the opinion that such proceedings and proofs show lawful authority for <br /> <br />the is surance and sale of said bonds pursuant to l'he County Finance Act, as amended, <br />and t~e Local Government Act, as amended, and that the said bond. s constitute vs.lid and <br />bindir~g obligations of said County of ~abarrus, all the taxable real and tangible per- <br />xonal property within which is subject to the lev~ of an ad valorem ~tax, witho~ t <br /> <br />limit~ .tion of rate or amount, to pay He mai~ bonds and the interest thereon. <br /> <br /> Respectfully yours, <br /> <br /> Mitchell & Pershing <br /> <br /> Being no further business the Board adjorned to meet October 4, 1948. <br /> <br /> <br />