The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1913-08-05
BOND ISSUE ACT
FOR WAKE ROADS
Provisions Of The Measure For
One Million Dollars for Roads
to Be Voted on August IL,

1hS - O0
siOn and to Authorize the Commits
SiOncrs OF Wake County to submit
to the Voters OF the County the
Question OF Issuing Bonds. TO Con-
struct Public Roads in Said County.
The General Assembly OF North Car
Dina Do Enact:
Section /. That for the purpos
hereinafter set out there is herewith
created the Wake County Highway
Commission, which shall be composed
Of one member from each township |
TN Wake county. except Raleigh !
township. which shall have one mem
Der from ZACH ward in the city Of
Raleigh. who shall be nominated and
elected as other township officials,
and who shall hold office until the
next general election When their sue
cessors shall be elected for two years.
md until their successors are elected
and qualified: Provided, that h
chairman OF the board Of county COM
missioners for Wake county shall be
ex-officiO chairman, and he is desig-
hated as ex-ofticio chairman OF the
said Wake County Highway Com
mission: Provided. however. that said
Highway Commission shall only be-
come operative II the bond issue for
public road construction in Wake
county hereinafter provided far is
passed by tho county. and. provided
further. that the election OF the mem
bers OF the said Highway Commission
shall be held at the same time and at
the same place as the election for or
against bonds. as hereinafter set
forth.
Section 9. That as soon as possible
after their election the members OF
tho Wake County Highway Commits
sion shall qualify by taking an oath
OF office before some person author
tied to administer oaths. and shall
meet on the first Monday after their
election and organize by electing n
Of their number secretary. That the
m Of the Wake County High
way Commission shall be paid two
dollars per day out OF the county road
fund for each day they are in session:
provided. hat they shall be paid not
to exceed twelve days in n ear.
Section 3. That in the event Of a
vacancy on said Highway Commission
either by death or resignation. the
same shall be filed by the election Of
. member from the same township in
which the vacancy occurs, by a ma
jority vote OF the members Of the
Highway Commission.
Section 4. 1t shall be the duty OF
signing OF said bonds, the said board
county. and they are herewith order
ed. to order an election in Wake
county to be held on the second Tues
day in August, one thousand and nine
hundred and thirteen, for h purpost
Of ascertaining the will Of the people
In said county upon the question o.
issuing one million dollars of bond:
Tor the construction OF roads in sale
county, which said election shall b,
conducted in the same manner as il
now or may be hereafter prescribed
by law for holding elections for tn
General Assembly. at said cleo
ton the ballots rendered and cast b!
the voters shall have written or print
ed upon them For Good Roads Bone
Issue" or Against Good Roads Bone
Issue" and all electors who aVOr tn
Issuing Of said bonds shall vote a bal
lot upon which shall be written 0
printed the words. For Good Road
Bond ISSUE and all those opposed t
the issuing OF said bonds shall vote
ballot. upon which shall be written o
printed the words. Against Goo
Roads Bond Issue"
Section 5. In tn eevent that tn
majority OF the votes cast n D
for the bond issue herein provide
for, after the result has been declare
and recorded as aforesaid, the Boar
OF County Commissioners Of the coun
ty shall have bonds prepared of tn
denomination Of one thousand dollar
five hundred dollars. or one hundre
dollars. as they deem best. the tots
amount being one million dollars. TIL
said bonds shall pear a rate of inter
est to be determined by the board {
commissioners, not exceeding five pc
sent per annum with interest COupO
attached. payable semi-annually du,
ag the time the bonds shall run. wit
NE principal payable forty years frol
heir issue. Said bonds and coupon
hall be payable in standard current
II the United States at the office
he treasurer of Wake county, in IL
.ity of Raleigh. North Carolina Boz
bonds and coupons shall be numbe
I'd ~consecutiveiy. beginning with nun
per one. and both shall be signed
The chairman Of said board OF cor
misa!oners and Countersigned by
clerk. and each bond shall be authe
ticated by the seal of the county. III
the shall be styled Wake Coun
Highway improvements Bonds. "
n,eqiately upon the preparation a
the County Commissioners OF Wa
Of county commissioners shall "a