The chapter text below is provided for context. Scroll down to see the text of the law.
CHAPTER 336 AN ACT TO REVISE THE CHARTER OF THE TOWN OF KERNERSVILLE. The General Assembly of North Carolina do enact: CHAPTER I. INCORPORATIONS.
That the property, both real and personal, of the public school for white and colored children of said district shall become the property of the said graded school and shall be vested in the said board of trustees and their successors in trust for the said graded school, and the said board of trustees may in their discretion sell the same, or any part thereof, and apply the proceeds to the use of the graded school, to the established graded school; which is established in said graded school district.