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debtedness of said County which was incurred by <br /> the Board of Commissioners (as an administra:ive <br /> agen~ of the'State in providing a State system <br /> of public schools) for maintaining the constitu- <br /> tional six months' school term. <br /> <br /> It is hereby certified and recited that <br /> <br /> all acts, conditions and things required by the <br /> Constitution and laws of North Carolina to happen, <br /> exis~ and be performed precedent to and in the issu- <br /> ance of this bond have happened, exist and have been <br /> performed in regular and due' form and :ime as so <br /> required; that provision has been made for the <br /> levy and collection of a direc~ annual ~ upon all <br /> ~axable proper~y wi'=hin said Coun:y sufficient <br /> pay ~he principal of and ~he in~eres~ on ~his bond ' <br /> as =he s~e shall become due; and ~ha~ =he <br /> indeb=edness of said County, includinE ~his bond, <br /> does no~ exceed, and ~ha~ ~he ~o~al indebtedness .of <br /> said County a~ :he crea:ion of ~he indebtedness <br /> refunded hereby, includin~ ~he indeb=edness so <br /> refunded, did noC ~hen exceed, any cons~i~u~ional <br /> or s=a=u~ory limi=a:ion ~hereon. <br /> <br /> This bond may be registered as ~o principal alone in <br /> <br />accordance wi~h ~he provisions endorsed hereon. <br /> <br /> IN WETNESS W~OF, said County of Cabarrus, by .order of <br /> <br />i~s Board of Co~issioners, has caused ~his bond ~o be si~ned by <br />=he Chai~an of the Board of Co~issioners and by the Clerk of <br />said Board, and =he corpora=e seal of said Coun=y =o be aff~ed <br />hereto, ~d has caused. ~he in~eres~ coupons a~ached hereto ~o be <br /> <br /> <br />