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of public and private debts. For the prompt payment hereof, both <br /> principal and interest as the same shall become due, the full faith <br /> and credit of said County of Cabarrus' are hereby irrevocably pledged. <br /> <br /> This bond is one of a series issued by said County, acting <br /> <br />as an administrative agent of the State of North Carolina in provid- <br />ing a State system of public schools, for the purpose of providing <br />funds, with any other available funds, for erecting additional school <br />buildings and other school plant facilities, remodeling, enlarging <br />and reconstructing existing school buildings and other school plant <br />facilities and acquiring necessary land and equipment therefor to <br />provide additional school facilities in the County of Cabarrus to <br />maintain the six months' school term in said County as required by , <br />Section 3 of Article IX of the Constitution, and this bond is issued <br />under and pursuant to Chapter 602 of the North Carolina Session Laws <br />of 1963 The County Finance Act, as amended and the Local Govern- <br />ment Act, as amended, and an order which was approved by the vote <br />'of a majority of the qualified voters of said County who voted at <br /> <br /> an election duly called and held, and resolutions duly passed by the <br /> <br /> Board of Colrani'ssioners for said County. <br /> <br /> It is hereby certified and ~ecited that all acts, condi- <br /> <br /> tions and things required to happen, exist and be performed precedent <br /> to and in the issuance of this bond by the Constitution and laws of <br /> North Carolina have happened, exist and have been performed in regular <br /> and due form and time as so require~ that provision has been made for <br /> the levy and collection of a direct annual tax upon all taxable <br /> property within said County sufficient to pay the principal of and <br /> the interest on this bond as the same shall become due; and that the <br /> total indebtedness of said County, including this bond, does not <br /> exceed any constitutional or statutory limitation thereon. <br /> <br /> This bond may be registered as to principal alone in . <br /> <br /> accordance With the provisions endorsed hereon. <br /> <br /> MITGH&~,~M PgRIHING, RHET'rlRhY · M~GHIL~ IGTH FhOOR, 80 RROA} i'i"Ag~, ~&"W' YOLK, $ Y, 1~04 ' ' <br /> <br /> <br />