The commercial. (Union City, Tenn.) 190?-193?, 1921-05-06
institutions.

mat lot the purpose Oh supporting
and maintaining the school or
schools of the said Troy High School
District, and for supplementing any
other funds that may come into the
hands of the Board of Directors, so
that the school term for said school
or schools may be extended and con-
tinued nine months each year, if pos
sible, as a free high school for said
district as hereinbefore set out, there
is hereby assigned for the year 1921,
and for each subsequent year there
after, tax of forty cents on each
one hundred ($100.00) dollars worth
of taxable property. both real and
personal, situated within said-High
School District, provided also there
shall be tax of forty cents on each
one hundred ($100.00) dollars worth
of the cash value or the merchandise
held by the merchants doing business
within said district; the merchan-
disc tax herein levied upon the mer-
chants in said said district, shall be
taken from the records of the County
Court Clerk in the collection of privi-
lege tax and the said tax valuation
of the merchants stock shall be
the same as is shown in the collec-
tion of the privilege tax by the Coun-
ty Court Clerk, and the same to be
collected by the County Court Clerk
at the same time that he collects the
privilege tax, and the Clerk shall
turn over the amounts collected by
him to the Treasurer of the Troy
High School, and there is also as
sessed for said school purposes one
dollar ($1.00) poll tax on all per-
sons subject to State and county poll
tax. The basis assessment for said
tax on such property shall be the as
sessed value as shown by the books of
the County Trustee, and all taxes as
sessed on real estate are lien on
such real estate. The taxes herein
assessed shall become due and be col
lected at the same time and in the
same manner as taxes under the gen.
eral laws of the State and by the
County Trustee. The taxes herein
provided for, together with all other
funds coming into the hands OF the
said Board of Directors shall con-
stitute the school funds for the said
High School District, which funds
shall be under the control of said
Board of Directors for the use and
benefit of said Troy High School Dis
trict. The taxes when collected by
the County Trustee, shall be paid
over to the Treasurer, duly accred-
tied at such time as may be desig-
mated by the Board of Directors of
the Troy High School District. The
County Trustee shall receive as his
compensation, an amount not to ex-
coed that paid by the county for sim
liar services in collecting school
funds for the county and State. No
part of said funds shall be paid out
by the Treasurer of said High School
District, except by written order of
said Board of Directors, and upon
warrant properly drawn and signed
by the President and Secretary of
said Board of Directors provided,
further, that no personal property of
the tax payers within said High
School District shall be exempt from
levy or execution for their said tax
assessments on personal property and
poll herein assessed by this Act, and
provided that the County Assessor
shall prepare a separate complete
and personal, and all polls within the
said district and for the use of the
County Trustee in making collection
of said taxes.
Section s. Be it further enacted
that all children living in said dis
trict, or whose parents or legal
guardians reside within the bound
aries of said High School District,
who have completed the free school
course as prescribed by the State
laws, shall be admitted to the said
school or schools, and the benefits
therefor, free from all charge for tu-
ition, but, any pupil may be required
to pass satisfactory examination be-
fore entering the said High School at
the Discretion of the Principal or
that may be selected or en-
ployed by said Board of Directors,
provided that the children between
the ages of six and twenty-one shall
be eligible to attend said school with
the limitations herein prescribed.
The Board of Directors of said
High School shall have the power to
admit by contract persons over school
age, or non-residents of the district, |
or county, or State, upon the pay
ment of reasonable rate of tuition, |
and under such regulations as the |
said Board of Directors may prescribe |
for persons not entitled to admission |
in the said High School or schools |
free of charge. R
All tuition shall be paid to the |
Treasurer of said Board of Directors |
FOR the use and benefit of said High |
School District and shall be paid out |
Is other funds collected and received |
by said high school district.
Section 8. Be it further enacted,
That the said Board of Directors
shall within ten (10) days after this
Act takes effect, meet and elect a
President, Secretary and Treasurer. |
rhe members of said Board of Di-
'ectors shall serve without compen-
Iation.
The Secretary of said Board shall
leep true and correct record of all
meetings and business transactions of
aid Board in a minute book to be
provided for such purpose, and the
Treasurer shall keep true and cor
'ect account of all funds coming into
lis hands and of all disbursements.
rhe Treasurer shall enter into bond
sufficient to cover the school fund be-
onging to the Troy High School Dis
rict, which shall be fixed by the
2oord IF Diroct0rs and shall he nav