1913 public local laws – Ch.1 Sec.21

That any and all moneys derived from the sale of any bonds or bond issued under the provisions of section nineteen hereof shall be paid over to the Treasurer of Davie County and applied by the road commissioners of Davie County and used by them for the permanent construction, improvement, and repair of the public roads in the township for which said bonds are or may at any time be issued under the provisions of this act and for the purchase of such material, machinery, and implements and the employment of such agents and laborers as may be found necessary in the carrying out of the work of permanent road improvement in said township. Said county treasurer shall set apart and keep separate such moneys derived from the sale of such bonds as a permanent road fund for said township so voting For Good Roads, and the same shall be paid out by him only upon the order of the.board of road commissioners for permanent road improvements in said township for which said bonds are or may at any time be issued under the provisions hereof.