The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1903-03-26
AN ACT
Authorizing the Town of Henderson
to Issue Bonds for Sewerage and
Street improvements.

Following is the act passed by the
recent Legislature authorizing the
town of Henderson to vote on the
question of issuing bonds for sewer
age and street improvements:
The General Assembly OF North Carolina do
enact:
SECTION l. That for the purpose OF pro-
viding a system Of sewerage and improving
the streets of the town OF Henderson, in the
County OF Vance, the Board of Commissioners
of said town are hereby authorized and en-
powered to issue bonds for that town, from
time to time, to an amount not exceeding in
aggregate the sum of forty thousand dollars,
Of such denominations, form and tenor, exc
cutad and transferable in such manner, pay
able at such time or times not exceeding
thirty years from the date thereof, and at
such place places as they may determine,
bearing interest at a rate not exceeding five
per centum per anHum. with semi-annual i'll
terest coupons attached, payable at such
times and places may he stated on the
face thereof.
lied by this act shall be sold for less than
their par value, nor shall the same their
proceeds be used for any other purposes than
those provided herein
SECTION 3. That for the purpose OF prOvid
ing for the payment Of said bonds at matur
lll anu Dl tHp Interest lHeltOI, Tie DOdIu VI
Commissioners of said town shall annually,
at the time Of levying other town taxes levy
q special tax on all persons and subjects OF
taxation on which the said Board may be
authorized to levy taxes for any other pur-
poses, which shall raise a sum sufficient to
pay interest upon the bonds and provide for
the payment OF the principal thereof at ma
turity; the same shall be collected other
town taxes, shall be kept separat tie from other
taxes and applied exclusively to the purposes
herein prescribed all moneys derived from
such taxes and all net proceeds arising from
the operation of the sewers herein authorized
that maynOt be necessary to pay the interest
on such bonds at maturity and cannot be
applied to the purchase or discharge OF such
bonds at par and accrued interest, shall be
invested by the Board of Internal Improve
ments, hereinafter created, so as to secure the
payment Of the principal OF said bonds at
maturity.
SECTION !. That before any OF the bonds
herein authorized shall be issued, the same
shall first be authorized by the qualified
voters OF the town, at an election to be held
within ninety days after the ratification here
OF. Notice Of such election shall be given by
said Board OF Commissioners for thirty days
next preceding the same, in some newspaper
published i'll the town and at the Court
House door, and four other public places
therein. The Board of Commissioners shall
appoint a Registrar and two Judges OF elec
tlOll IOf PdtH W dIu Ol IO"I, WHO SHdi
hold and conduct such election, under the
provisions of law now prescribed for the
election Of town officers. NOnew registration
shall be required, but the Board Of Commits
sioners shall appoint at least five days for
the registration of voters, not now registered
which shall be announced in the notice of the
election herein provided. Those qualified
voters who approve the issue OF said bonds
and "A levy of ii special tax to pay the same
shall deposit in the ballot box written or
printed ballot with the words For Bonds
thereon, and those opposed thereto, shall de-
post Il like ballot W.T. h the words Against
Bonds thereon.
The Registrars and Judges OF such election
OF the several wards shall meet at the Mayors
office, iii said town, at ten o'clock on the
morning Of the day following such election
and ascertain and declare the result thereof
from returns, which shall then be made to
them by the Registrars and Judges OF the
several wards. and they shall make report
thereof to the Board of Commissioners of
said town, who shall cause the same to be
entered on their records.
SECTION ). If the election shall result in
favor OF bonds. then the said Board of Town
Commissioners shall, upon demand. cause the
same to be executed and delivered to a Board
OF Internal improvements, composed of ID. Y.
Cooper, K. Bum, J. H. Brodie and J p Tay-
Tor and Il like number of persons, chosen by
the Board of Town Commissioners from their
officio. who shall be Chairman. The members
OF the Board herein appointed shall fill all
vacancies IN their number, and the Board of
Town Commissioners shall fill all vacancies
among those elected from that Board,
whether the same shall occur by DEATH
resignation, or by the termination of their
office as commissioners.
SECTION g. The Board of Internal Improve
mentS may engage Engineers and such other
persons as may be needful. make contracts,
procure surveys and estimates, establish
lines and grades for the streets of the town.
adopt plans and specified tons. locate and
construct OrcauSe to be constructed system
OF sewers for said town complete in every de-
tau and with every needfu facility for the eff
cIent and ready discharge of all sewerage
from said town; to construct, equip or pro-
vide all and every structure plant, furnace,
appliance, plan or devise which NAV appear
needful or proper for the disposition of such
sewerage, and as far as practicable, prevent
the same becoming injurious or offensive to
persons about or beyond the place or places
OF discharge. The same Board may in the
name OF the town of Henderson, buy any
land which may be necessary to carry out
the purposes of this act, within the corporate
limits OF the town of Henderson, or within
three and One-haf miles thereof, and if such
necessary land cannot be so acquired at a
satisfactory price, they may report the same
to the Board OF commissioners of said town,
u'S'iiblilS TIE idlltl utS1Gtu. ana 1t snail De
the duty of said Board of Commissioners to
have the same condemned, both in and out
OF the corporate limits of the town in the
manner now provided in the Charter of said
town for the condemnation of lands for
street purposes and they are hereby expressly
authorized and empowered to make such
OBSERVATION-DISCLOSURES expenses of either pur-
chase or condemnation to be paid from the
funds arising from such lands. Such Board
OF Internal improvements shall also sell
bonds herein authorized, receive and disburse
the proceeds thereof, and perform the duty of
sinking fund commissioners in mana Ging in
vesting and disbursing. through the town
treasurer, the taxes and other moneys col
lected or available for the payment of the
bonds herein authorized and the interest
thereon.
SECTION I. When such sewerage system, or
any section Thereof shall be completed and
ready for use, the said Board of Internal I'm
prorements shall turn the same over to the
Board OF commissioners of said town, who
are hereby authorized and required to maip-
tam and operate the same, and to make all
ana every ordinance and regulation necessary
thereto, to fix reasonable charges for sewer
age connection and service, and to compel all
persons whose dwellings, or other premises
are within sucr~ reasonable distance of q
sewer as the Commissioners may determine
to connect their premises with the sewer
SECTION =. That the bonds and coupons
h'i'ih hhbhoiiLt'l slldll not Dear interest
after maturity. unless payment thereof be re-
fused. and they shall not before maturity be
subject to taxation by said town
SECTION 9. That the members OF the Board
OF Internal improvements shall receive as
compensation for their services. the sum of
two dollars each, for one regular meeting of
the Board attended by them and shall have
authority to engage counsel and such other
professional and clerical assistance as they
may deem necessary: all expenses to be paid
ont OF the funds in their hands for sewerage
and street purposes.
This act shall be in force from and after it's
ratification. In the General Assembly read
three times and ratified this day of March,