NORTH CAROLINA GENERAL ASSEMBLY

1961 SESSION

 

 

CHAPTER 798

HOUSE BILL 865

 

 

AN ACT TO AUTHORIZE THE BOARD OF COUNTY COMMISSIONERS OF JOHNSTON COUNTY TO TRANSFER THE SURPLUS IN THE SINKING FUND TO THE AGRICULTURE BUILDING FUND.

 

The General Assembly of North Carolina do enact:

 

Section 1. The Board of County Commissioners of Johnston County is hereby authorized and empowered to transfer to the County Agricultural Building Fund of Johnston County, for the purpose of constructing or assisting in the construction of an agricultural building, all moneys in the Johnston County Sinking Fund which are not needed to satisfy the obligations with respect to which such Sinking Fund was created.

Sec. 2. All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 3. This Act shall be in full force and effect from and after its ratification.

In the General Assembly read three times and ratified, this the 14th day of June, 1961.