1899 private laws – Ch.172 Sec.5
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CHAPTER 172 An act to authorize the board of aldermen of the town of Lincolnton to issue bonds to construct waterworks, sewerage, and electric light plant. The General Assembly of North Carolina do enact:
That the commissioners of said town shall provide a record, which shall be kept by the elerk, in which shall be entered the name of every purchaser of a bond and the number of the bond purchased and the price paid therefor and the price paid in redemption of the same, and the bonds when redeemed and recorded shall be destroyed by fire in the presence of the board of aldermen by some one of theirnuimber or by the mayor under their direction.