NORTH CAROLINA GENERAL ASSEMBLY

1963 SESSION

CHAPTER 364

HOUSE BILL 559

AN ACT PROVIDING FOR THE DIVISION OF PROFITS FROM THE OPERATION OF COUNTY ALCOHOLIC CONTROL STORES IN GRANVILLE COUNTY.

The General Assembly of North Carolina do enact:

Section 1. Granville County is hereby authorized to divide Alcoholic Beverage Control profits paid into its general fund under Section 18-57 of the General Statutes of North Carolina with certain municipalities in said county in the following proportions: Granville County, sixty-five per cent (65%), City of Oxford, twenty-eight per cent (28%), City of Creedmoor, five per cent (5%), City of Stem, one per cent (1%), and the City of Stovall, one per cent (1%).

Sec. 2. No profits shall be divided with said municipalities until all expense incurred by Granville County attendant upon the establishment of the Alcoholic Beverage Control system in Granville County shall have been paid.

Sec. 3. Payment according to this plan of division of profits shall be made quarterly by the county auditor after the Granville County Board of Alcoholic Control pays such profits into the Granville County general fund pursuant to Section 18-57 of the General Statutes of North Carolina.

Sec. 4. All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 5. 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 6th day of May, 1963.