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CHAPTER 262 AN ACT TO CONSOLIDATE THE VANCE COUNTY SCHOOL AD- MINISTRATIVE UNIT AND THE HENDERSON CITY SCHOOL AD- MINISTRATIVE UNIT; TO PROVIDE FOR THE ELECTION OF THE MEMBERS OF THE CONSOLIDATED BOARD OF EDUCA- TION; TO PROVIDE FOR A REFERENDUM TO SUBMIT THE QUESTION OF CONSOLIDATION TO THE PEOPLE OF VANCE COUNTY. The General Assembly of North Carolina do enact:
On or after the first Monday of December, 1968, the title of all property of any nature whatsoever now owned by the county board and the city board, and any and all property acquired by the interim board, shall, as soon as practical be vested in and transferred to the consolidated board. The consolidated board shall own and have control of all structures, buildings, facilities, land, papers, documents, books, records, accounts, letters, claims, demands, and all unexpended balances of funds, surplus funds, proceeds of State School Bonds, and all moneys whatsoever which heretofore belonged to the city board or belonged to or was controlled by the interim board; and the same shall be transferred to the consolidated board. The city board and the interim board and their members irrespective of any termination of office or authority set forth in the preceding Sections of this Act shall retain the power and authority to execute, and shall execute, any and all deeds, writings, instruments and documents necessary to vest title to any and all property of any kind or description 318 whatsoever in which either board might have an interest of any kind, in the consolidated board. All claims and demands, liabilities and obligations of the city board or the interim board whatsoever shall become and be the claims, demands, liabilities and obligations of the consolidated board and shall be enforced for as well as against the consolidated board.