North Carolina - Acts on Education Topics

An Act to Amend Chapter Three Hundred and Ninety-Seven of Eighteen Hundred and Eighty-Seven, Relating to Graded Schools in Asheville.

1889 Public Laws: Chapter 561

Public Laws of the State of North Carolina Passed in 1889 - Pages 517d-517e.
Click Here to view the original March 7, 1887 Act, as amended below.

The General Assembly of North Carolina do enact:

Section 1. That section two of chapter three hundred and ninety-seven, laws of eighteen hundred and eighty-seven, be amended as follows: Strike out the words "provided the special taxes so levied and collected shall not be less than sixteen and two-thirds cents on the one hundred dollars valuation of property and fifty cents on the poll," and insert in lieu thereof the following: ''Provided, the special taxes so levied and collected shall not exceed, annually, twenty cents on the one hundred dollars valuation of property and sixty cents on the poll."

Sec. 2. That nothing contained in the foregoing section shall operate to prevent the levying and collecting of such a tax as may be necessary to pay any existing indebtedness incurred by the school committee in the purchase of any lot or lots for school purposes or the purchase, lease, construction or erection of any building or buildings for the maintenance of said school; or, in lieu of a present levy to meet such debt, the committee shall, if they deem it best to do so, have power and authority to secure any such indebtedness by executing a mortgage on any real estate purchased, leased or owned and controlled for graded school purposes in Asheville for such sum or amount not exceeding said indebtedness and on such terms as to time and rate of interest, not exceeding eight per centum per annum, as they shall determine or agree upon; and the levy to meet the interest on such mortgage debt shall not be affected by the limit of taxation imposed in section one of this Act.

Sec. 3. That this Act shall be in force from and after the first day of July, eighteen hundred and eighty-nine.

Ratified the 11th day of March, A.D. 1889.

Daniel G. Fowle, Governor
Thomas M. Holt, Lt. Governor and President of the Senate
Augustus Leazar, Speaker of the House of Representatives

State of North Carolina,
Office Secretary of State,
Raleigh, June 6, 1889.

I, William L. Saunders, Secretary of State, hereby certify that the
foregoing are true copies of the original acts and resolutions on file
in this office.

William L. Saunders,
Secretary of State.

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