Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-09-22
ORDER AUTHORIZING 500, 900
SCHOOL BUILDING BONDS

WHEREAS. The County Board of
Education of Vance County has GER.
titled to this Board a resolution pass
ed by said County Board of Educa-
ton on September 90. 1897, showing
that it is necessary in order to main
tain the. constitutional six months
school term to provide the following
school buildings to replace the build
ings which were burned, the estin1at-
ed cost of which build, ngs is $28. 900,
Six room school building for negro
children in Dalbney Township.
Seven room school building for
negro children in Kittrell Township;
and m ~
WHEREAS, said, resolution repre-
sents that insurance moneys are avail
able for paying a part of the cost of
said buildings; and Nv s
WHEREAS, said resolution further
represents that no other funds are
available and no provision has been
made by local tax or otherwise for
the remaining funds necessary to
provide said buildings, and requests
this Board to order and issue 100000
county bonds in order to secure the
remaining funds for providing said
school buildings; and
WHEREAS, the Board of Commits
sioners has carefully examined the
facts and has determined and hereby
finds as a fact that said statements
of said resolution are true and that i.
has become the duty of said Board
of Commissioners, acting as an adj
ministrative agent of the State in pro-
a
schools, to order the issuance of a
sufficient amount of county bonds to
provide said school buildings in order
to maintain the constitutional six
months school term; now, therefore.
BE 1T ORDERED AND RESOLV-
ED by the Board of Commissioners OF
Vance County:
l. That bonds of Vance County be
issued pursuant to the County Fin
ance- Act, as amended, in an amount
not exceeding $4,000 for the purpose
of paying part OF the cost of pro-
viding the school buildings enumerat-
ed in the first preamble of this bond
order in order to maintain the con-
stitutional six months school term,
all in accordance with the program
outlined in the foregoing preambles
2. That tax sufficient to pay the
principal and interest of said bonds
when due shall be annually levied and
collected.
g. That statement of the County
debt has been filed with the Clerk and
is open to public inspection.
a. That this order shall take effect
thirty days after the first publication
thereof after final passage, unless in
the meantime a petition for it's sub
mission to the voters is filed under
said act, and that in such event il
shall take effect when approved by
the voters of the County at an cleo
ton as provided in said act.
The foregoing order has been in
troduced and a. sworn statement has
been filed, under the County Finance
Act, showing the assessed valuation |
of the County to be SIT, 1895 ,O73OO and |
the net debt for school purposes, in
Guiding the proposed bonds, to be
$557, 10000. A tax will be levied for |
the payment of the proposed bonds |
and interest if the same shall be is |
sued. Any citizen or taxpayer may
protest against the issuance of such |
bonds at meeting of the Board of
County Commissioners to be held at I
10 o'clock, a. m, October 4, 1887, or +
an adjournment thereof
H. M. ROBINSON,
Clerk, Board Of Commissioners.