Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1867-05-17
ORDINANCE OF CONVENTION.

AN ORDINANCE RECOGNIZING THE JUST DEBT:
OF NORTH CAROLINA AND PROHIBITING THE
| PAYMENT OF ALL PUBLIC DEBTS CREATED
OR INCURRED IN AID OF THE LATE RE-
| BELLIoN.
!. BE 1t declared and ordained by tie dele
gates 0fMe people 0ftte State Of N0yth Caro-
lima an Convention assembled anil it's here
By declared and ordained That it shall be
the duty of the General Assembly of the
State, so soon as is practicable, to provide
for the payment of all debts and obliga-
tons created or incurred by the State,
| otherwise than in aid of the late rebellion
| 2. BE ii further declared and 0rdui,ted,
That all debts and obligations created or i'll
Cured by the State, in aid of The late re-
bellion, directly or indirectly, are void, and
no General Assembly of this State shall
have power to assume, or provide for the
payment OF the same, or any portion there
of nor shall any General Assembly of this
| State have power to assume, or provide for
| the payment of any portion of the debts OF
obligations created or incurred, directly OF
| Indirectly, by the late so-called Confeder-
ate States, or by it's agents, or under its
| authority.
[R(aifed in Convention, this 1871 Of Octo-
Der, 1865.
EDWIN G.. READE,
President.
JAMES Fl. MOORE, Secretary of the Con
vention.
r. @. BADGER, Assistant Secretary.
AN ACT RELATING TO DEBTS CONTRACT.
ED DURING THE WAR.
Whereas, The Convention of the State
OF North Carolina, by an Ordinance rati-
fed the 10Th day of October, 1865, declared
and ordained that all debts and obligations
created by the State in aid of the late re-
bellion are void, and that no General AS
sembly shall have power to assume or pro
vide for their payment Ind aohereas it is
made the duty OF the General Assembly to
provide for the payment Of debts created
otherwise than i'll aid of the rebellion Alo
| 1Ohe1'e0S 1T is necessary to ascertain what
debts are void and what aIu not void under
the said ordinance Therefore,
SEC. l. Belt enacted By the Ge,ee7 al ASSEM-
bly, Of tie State Of No7th Carolina, and it Is
hereby enacted by the authority Of tie sanae
That it shall be the duty of the Governor
to appoint three discreet persons Commits
sioners, whose duty it shall be to investi
gate all claims againts the State on account
of any debt or obligation created during
the late war, with power to take testimony
administer oaths, send for persons and pa
pers, and to adopt such rules and regula
tons as may be deemed necessary to ena
bic them to distinguish between debts crea
ted for war purposes, and whose duty it shall
be to report all such claims to the next ses
sion of this General Assembly.
SEQ. 2. Be it further enacted, That the
said Commissioners shall take an oath fol
the faithful discharge Of their duties, anC
shall be paid, not exceeding the sum O
five dollars each day, per day, while en-
gagged under this Act !; which, with any
other expenses that may be incurred il
carrying into effect this Act, shall be paid
out of moneys not otherwise appropriated
on the warrant of the Governor
Sec. 3. Be 1t t'tazhe, enacted, That Thu
Act shall be in force from and after its rati
fcation.
Ratified March 4, 1867.
A true copy of the original on file in this
office. r. w. BEST,
Secretary of State