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Coun:y. <br /> <br /> 2. Thac a tax s'~rf'fi"len~: co pay the principal of and <br />the interest ~n sa'i~ bo~s ~,~Ler.~. due s~all be annually~vied and <br />collected, <br /> <br /> 3. Tha~ a a~a=e~',en~ ~f ~he County deb~ has been filed <br />with ~ne Clerk and i~ cpen ~o pub%it inspection. <br /> <br /> 4. That ~' <br /> ~nla order shall ~ake effect when ~pproved by <br /> <br />th~ %,ouers of gh~ County ag a~. e!ec:ion as provided zr~ said Ac~s. <br /> <br /> Thereupon Co~issioner C.~~ ........... introduced <br />~he following ord~r authorizing bonds Which was r, ad: <br /> <br /> O~ER AD%~HORIZING =9.~, <br /> ~F~!NG SCHOOL BO~S <br /> <br /> BE IT ORDERED ANO RESOLVED by tke Board of Commissioners <br /> <br />for the County of Cabarrus: <br /> <br /> !. That bonds of %~ne Coungy of C~barrus: Nc. rth Carolina~ <br /> <br />shall ba issued, pursuant ~c, The Counuy Finance <br />in an ~oun~ not exceedin& $95,000 for th~ ~urpose of r~fundin~ <br />like ~ount of th~ principal of va]id 3uu~si~St~iDE <br />ness of said County which was incurrsd by ~he Bo~r~5 <br /> <br />system of public schools) for main[nj, ting !~h~ c~':~ns~.J~ional six <br /> <br />months~ school te~ and is evi6enced by the following: <br /> <br /> $40,000 S~hooi Building Bon~s~ Series A, da~ed <br /> September 1, 1948, ma~uri]~g March !~ i965~ <br /> <br /> $20,000 School Bui!,'iing ~<..o, ~er..,.~s <br /> Sepce~Yoer i. i048, mau~::in~; >~arc:n !, 1965, <br /> <br /> September i, i948, maturing March ]~ 1965~ <br /> <br /> $ 5,000 School Building Bonds, dated December 1, <br /> !959, mat~aring 3ute I, !965, and <br /> <br /> $10,000 School Building Bonds, da%~d November 1, <br /> 1962, matu'zing May 1, 1965., <br /> <br /> 2. That a tax su~ficie~.~{, to p~.f tae principal of and <br /> <br /> <br />