1938/1939 public local laws – Ch.232 Sec.2
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CHAPTER 232 AN ACT GRANTING ADDITIONAL POWERS AND AUTHORITY TO THE MAYOR AND TOWN COUNCIL OF THE TOWN OF RUTHERFORDTON. Whereas, the General Assembly of North Carolina, did on the eighteenth day of April, one thousand nine hundred thirty-five, pass and ratify an Act, the same being Chapter one hundred seventy, Private Laws of the General Assembly of one thousand nine hundred thirty-five, empowering and directing the Town Council of the Town of Rutherfordtcn to accept bonds in payment of street and sidewalk assess- ments, also for taxes due for the year one thousand nine hundred thirty-two and prior years; and Whereas, some of the taxpayers of said town, pursuant to said Act, have paid their taxes and assessments with bonds; and Whereas, a part of the taxes so paid by said bonds were levied for general purposes and the payment of said taxes having been made with bonds under the provisions of said Act, the funds of the town for general purposes have been decreased and made insufficient to pay the operating ex- penses of said town and to meet the purposes for which said taxes were levied; and Whereas, it is necessary that some of the funds held by said town in its debt service account shall be transferred to the general expense account of said town in order to take care of the deficit so created in the general fund account by reason of said payment of taxes with said bonds; Now, therefore, The General Assembly of North Carolina do enact:
That the Mayor and Town Council are authorized to adopt a suitable resolution in conformity with the provisions of this Act, authorizing and directing the SecretaryTreasurer of said town to transfer the funds hereinbefore referred to from the debt service account of said town to the general operating or expense account of said town, which said authority is hereby granted notwithstanding any statutory provisions contrary thereto.