1895 public laws – Ch. 225 Sec. 7
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CHAPTER 225 * An act to establish the Warsaw. graded school. The General Assembly of North Carolina do enact:
That the public school money which shall, from time to time, be collected under the general school law for public school purposes, or that which may have been appropriated to the public schools for the white and colored children embraced in said graded school, districts, shall be paid to said treasurer, and by him approved under the orders of the said board of trustees, and the said board of trustees are hereby authorized and empowered to dispose of the public school property now located in the said graded school district, and execute deeds therefor, and apply the proceeds to the said graded school fund.