1965/66/67 session laws – Ch.30 Sec.6

The Interim Edenton-Chowan Board of Education shall appoint a treasurer of all the school funds which are appropriated and provided for all the public schools of the county; provided that all school debt service funds shall be deposited with the County Treasurer in the manner specified by the General Statutes of North Carolina. The treasurer so appointed shall continue to fill such position at the will of the Interim EdentonChowan Board of Education, until January 1, 1971, and thereafter at the will of the Edenton-Chowan Board of Education. No person authorized to make the expenditures or draw vouchers therefor, or to approve the same, shall act as treasurer of said funds. The treasurer shall give bond for the faithful performance of his duties in such amount as the Interim Edenton-Chowan Board of Education may prescribe, and after January 1, 1971, as may be prescribed by the Edenton-Chowan Board of Education, but in no event shall said bond be for less than twenty-five thousand dollars ($25,000.00). Except as herein otherwise provided, treasurer shall perform the duties prescribed by the applicable provisions of Chapter 115 of the General Statutes as amended, and as the same may be hereafter revised and amended, and shall be subject to all such provisions. All sums appropriated by said Board of Commissioners for capital outlay, current expenses and to supplement the current expenses fund from State and County allotments shall be paid over to said treasurer at reasonable periods after the receipt of said funds by the Auditor or other proper official of Chowan County; provided, however, that the Board of Commissioners shall hold and administer the proceeds of school bond sales as now provided by law; provided further that the County Accountant shall countersign all checks, warrants, and orders of the Board of Education, as provided by Section 115-90 of the General Statutes of North Carolina. In accordance with the provisions of G. S. 115-50 (Replacement 1960) as (7 amended, the monthly payroll therein provided for, as to each school, shall be signed by the principal of the school, and it shall not be required that Committee Chairmen sign the same. Whenever the Interim EdentonChowan Board of Education, and thereafter the Edenton-Chowan Board of Education shall take office as herein provided, shall have authorized the execution of any contract, conveyance, or other instrument, the Vice Chairman shall have the same authority as the Chairman to execute the same on behalf of such Board. In the event of the absence or inability of both the Chairman and Vice Chairman to attend any meeting or meetings, the Interim Edenton-Chowan Board of Education, and thereafter the EdentonChowan Board of Education, by resolution duly adopted and spread upon the minutes of any meeting, may authorize any other member to execute any contract, for and on behalf of such Board.