1899 private laws – Ch.171 Sec.60

That the city of Goldsboro may establish a system of sewerage, may pave itsstreets and sidewalks, may establish a system of waterworks, or may purchase the system now in operation in said city; may establish a gas, electric or other plant for furnishing lights; may build and own a city hall and market house, and may own and operate any or all of these improvements, and may make other public improvements; and may apportion the cost of the same equally among the inhabitants; and for the purpose of providing such improvements may, as and when the board of aldermen may determine, issue its bonds from time to time to an amount not exceeding in the aggregate the sum of two hundred thousand ($200,000) dollars, of such denominations and in such proportions as the board of aldermen may deem advisable, bearing interest from the date thereof at a rate not exceeding six per centum per annum, with interest coupons attached, payable half yearly at such times and at such place or places as may be deemed advisable by said board, said bonds to be of such form and tenor and transferable in such way, and the principal thereof payable or redeemable at such time or times, not exceeding fifty -50 years from the date thereof and at such place or places, as the board of aldermen may determine: said bonds may be issued for any of said purposes or for two or more or for all.