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CHAPTER 526 An act to establish graded schools in Lexington, North Carolina. The General Assembly of North Carolina do enact :
For the purposes and benefits of this act the town of Lexington shall be and constitute a public school district for both white _and colored; and all public school funds derived from the state and said county for tHe use and benefit of the public school district so constituted shall be paid to said town treasurer by the treasurer of said county for the use and benefit of said graded school.