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![handle is hein.slavery/ssactsnc0314 and id is 1 raw text is: 1804-'65-U rAP. 20 -27.
Chap. 26. AN AOT TO A-TTIIORIZE THE PUIILTO TREAhURER TO ISSUE COUPON
BONDS.
Certain bonds SECTION 1. Be it enacted by the GcOrat A88enbly of the
of heb tato State of N1orth-larolina, and it is herb! enacted by the au-
Individualsfor tihority if the 8ane, That the Public Treasurer be, and he
temporary
loans to be is hereby authorized to discharge the bonds of the State
paid. heretofore issued, and also the debts to individuals for tem.
porary loans, and now due or which may become due in
the year one thousand e&ght hundred and sixty-five, (1865)
with other bonds of the State, having coupons attached
thereto, and bearing interest at the rate of six per cent. per
annum, payable semi-annually and falling due on the first
day of January, one thousand eight hundred and ninoty-
three, which bonds shal! be executed in the manner already
provided by law to pledge the faith and credit of the State,
signed by the Governor and countersigned by the Treasurer.
In what sums The said bonds may be issued by the Treasurer in sums of
bonds shall be
issued. five hundred dollars, and one thousand or two thousand
dollars, if the creditors of the State shall so elect, and shall
not exceed, in the whole amount, the sum of two hundred
and forty-two thousand and fifty-five dollars, ($242,055.)
Sic. 2. Be it further enacted, That this act shall be in
force from and after its ratification. [Ratified the Gth day
of December, 1864.]
REVENUE.
ljp. 2 7. A BILL TO BE ENTITLED THE REVENUE ACT.
Advaloretn SECTION 1. Be it enacted b4, the General A8sembly of the
tax of one per State of North-Uarolina, and it is hereby enacted by th
Cent. Saeo ot-aoia n ti eeyeatdb h
authority of the same, That an ad valorem tax of one per
cent. be levied for the support of the State government, the
payment of its debts, and the promotion of the general
welfare, upon the assessed cash value of the following sub-
jects, on the first day of April, 1863, to wit:
26](ViewImageLocal?handle=hein.slavery/ssactsnc0314&div=1&collection=&method=preview&ext=.png&size=3)