1923 public local laws – Ch.108 Sec.4
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CHAPTER 108 AN ACT TO FUND, THE FLOATING INDEBTEDNESS OF DAVIDSON COUNTY. Whereas the board of county commissioners of Davidson County find that the county has a floating debt in the sum about eighty- five thousand dollars, and that this debt has been contracted over a period of several years; and that the said indebtedness is in the form of short-term notes, and that said notes are held by. banks and individuals, and that said notes are drawing interest at the rate of six per cent per annum; and whereas it is the earnest desire of the board of county commissioners of Davidson County to reduce the expense of carrying this debt: Now, therefore, The General Assembly of North Carolina do enact:
All laws or parts of laws in conflict herewith are hereby repealed.”