The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1913-08-05

mission. as herein provided for, all oil
said bonds, without the county seal
haying been affixed to any OF the.n.
The Wake County Highway Commis-
sion shall have the power 10 aoVereiSe
and sell any or all OF said bonds' al
such time and place as tney a.
deem best, for the purpose OF RAISING
a fund with which to CONSTRUCT ana
improve the public highways OF alo
county as aforesaid. the expense Oh
sr1ch advertising and seilins or o.nei
necessary expenses in regard tneieto' |
~ be paid out or the 1unos ARISING
from the sale thereof. Before deliv-
arino any Of the bonds sold by the
nroyisions of this section n under
iris act. the said chairman OF the
| wake County Highway Commission
| shall apply to the custodian OF the
seal Of Wake county. Whos duty II |
| shall be to af6x said county seal TO
| the bonds sold. and no bonds shall be
| of any value until such seal is so al
eyed. Said bonds shall not be sold or
| disposed Of in any way for less than
| their lace value. nor shall they or
] their proceeds be used for any other
| purpose than those declared by this
| act: Provided. however. that the pur-
! chasers Of said bonds shall not be re-
! quired to see to the a~ppiica'ion OF the
4 fund. Said bonds shall be
consAcutiyely and the coupons attach
cd and issued With them shall bear
the number of the bono TO which they
are attached. The bonds and coupons
shall state on their face when they are
due and where payable. and the bonds
shall show by what authority hey are
issued. The Wake County Highway
Commission shall record all their pro-
ceedings in respect to said bonds in
the minutes Of their meetings. and
whenever the same are sold, the
number OF bonds and their denomi-
nations. to whom j and the num-
Der of attached. Said minutes
shall always be open to the inspection
Of the Board Of County Commissions
I ers.
Section S. The interest upon the
bonds above issued shall be paid out
Of the taxes levied and. assessed for
road in said bonds. and the
residue, after deducting such sums
as may have been spent fok the erec-
ton and maintenance of the bridges.
ferries and fords of the county, shall
become available. be turned over to
the credit OF the treasurer of h
!. Wake County Highway Commission
for the assistance OF the works desig-
mated in this act.
4 Section I. The county treasurer OF
: Wake county shall, ex-Offcio, be
1 treasurer of said Wake County High
{ way Commission. who shall have pow
Z er to fix his compensation. unless
otherwise fxed by law. and to require
such bonds as they think sufficient
. for h protection Of such funds as
Y will come into his hands by virtue OF
/: this act. Such treasurer shall ac-
count monthly for all funds in his
hands.
Section S. In the event said bonds
q herein provided for shall be issued
and sold. said Wake County Highway
n Commission shall select three Of its
members, one Of whom shall reside il
q Raleigh. as an executive and fnancs
committee to ook after the detail
Il work of the said Wake County High
d way Commission, who shall hold Of
= flee for one year and until their sue
cessors are elected and qualified; al
$ vacancies to be filed by the WAX
County Highway Commission. Pro
Sc vided, that the chairman Of said boar,
lie of commissioners shall be ex-offci,
chairman Of aid executive commit
Is tee. The said executive and financ
id committee hall not receive compen
De sation for more than -four days ser
is vice in one month, and their pa
ID shall be the same a. is now receive
le by the commissioners Of the count
BY a twO-thirds vote Of the Wax
" County Highway Commission a va
t. cancy may be declared in the sal
Id executive committee and a new mem
Id Der elected to fill such vacancy Tn
ne vacancy may be created at any tim
L. within the discretion Of the said two
or thirds vote.
Section 9. The said Wake Count
10 Highway Commission shall have er
a tire charge and control OF the chair
gang and of all other prisoners cor
Do victed Of crime and sentenced by tn
court or courts to serv1tude on til
ne said public highways. The executiy
De and finance committee shall elect by
ca ballot a o engineer for Wake cOu1
ty. fix his compensation and define h
70 duties. The person so elected sha
take and subscribe an oath for tt
faithful performance Of his duties
rs. highway engineer. and shall execu'
an official bOnd in the sum Of tw
al thousand dollars for the aithful pc
Torrance Of his duties, and for a
r counting for the moneys and proper
OF which may come into his hands