1913 private laws – Ch.347 Sec.10

If the majority of the qualified voters at the election herein provided for shall vote For Schools, it shall be deemed and held that a majority of the qualified voters of said high school district are in favor of granting to the board of trustees of the Rockdale Public School District authority to issue bonds in the sum of five thousand dollars for the purpose of purchasing the necessary land and erecting thereon suitable buildings and providing suitable equipment for said schools; and such authority shall be granted to and vested in said board of trustees, and said board of trustees are hereby authorized and empowered to issue and sell bonds, in the name of said high school district. to an amount not to exceed five thousand dollars, of such denominations and of such proportion as said board of trustees may deem advisable, bearing interest from date thereof at a rate not exceeding five per cent per annum, with interest coupons attached, payable at such time or times and at such place or places as may be deemed advisable by said board of trustees, such 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 more than thirty years from date thereof, and at such place or places, as said board of trustees may determine. The proceeds arising from the sale of said bonds shall be expended by said board of trustees in providing, by purchase or otherwise, such sites, buildings, and equipment as may be deemed necessary: Provided, however, that the Sheriff of Scotland County shall receive no compensation for receiving the money which may be received from the sale of said bonds.