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CHAPTER 7 An Act to establish the Edenton Graded School. The General Assembly of North Carolina do enact ;
That said board shall organize each year by the election of a_president, a secretary and a treasurer, who shall hold their places at the option of said board, and the treasurer shall give bond, to be approved by said board, for the faithful discharge of his duties, and his compensation shall be two and a-half per cent. of funds received by him, and he shall have charge of the tuition paid for non-resident pupils, and of all donations, gifts and contributions of every kind, made for the benefit of said school or for the white race of said school district, except the public funds in the custody of the county treasurer.