NORTH CAROLINA GENERAL ASSEMBLY

1961 SESSION

 

 

CHAPTER 1133

HOUSE BILL 1216

 

 

AN ACT TO AUTHORIZE THE COUNTY COMMISSIONERS OF HARNETT COUNTY TO APPROPRIATE FUNDS TO THE HARNETT COUNTY LIVESTOCK AND POULTRY COOPERATIVE, INCORPORATED, TO BE USED AS A LOAN FOR THE PURPOSE OF EDUCATIONAL PROMOTION CONCERNING LIVESTOCK AND POULTRY.

 

The General Assembly of North Carolina do enact:

 

Section 1. The Commissioners of Harnett County are hereby authorized to appropriate funds for loan to the Harnett County Livestock and Poultry Cooperative, Incorporated, to be used by said cooperative for educational promotion concerning livestock and poultry.

Sec. 2. All or any funds loaned under this Act shall be repaid to the County of Harnett within a period of not more than ten years after the said appropriation, and said loan shall bear interest at the rate of six per cent (6%) per annum.

Sec. 3. All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 4. This Act shall be in full force and effect from and after ratification.

In the General Assembly read three times and ratified, this the 21st day of June, 1961.