NORTH CAROLINA GENERAL ASSEMBLY
1959 SESSION

CHAPTER 460
SENATE BILL 280 

AN ACT AUTHORIZING THE TRANSFER TO THE GENERAL FUND OF VANCE COUNTY OF ANY DELINQUENT TAXES HEREAFTER COLLECTED FOR THE RETIREMENT OF THE TOWNSVILLE TOWNSHIP RAILROAD BONDS.

WHEREAS, a number of years ago the voters of Townsville Township, Vance County, voted a special tax to pay the principal of and the interest on certain Townsville Township Railroad Bonds, which said Township Bonds have now been retired; and
WHEREAS, for the retirement of said bonds certain funds were advanced from the general fund of the county; and
WHEREAS, there are now outstanding certain delinquent taxes assessed for the payment of said bonds and which will be collected in tile future; Now, therefore,

The General Assembly of North Carolina do enact:

Section 1. That the County Commissioners of Vance County be and they are hereby directed to order that any taxes heretofore assessed for the retirement of the Townsville Township Railroad Bonds and collected in the future be paid into the general fund of Vance County.
Sec. 2. All laws and clauses of laws in conflict with the provisions of this Act are hereby repealed.
Sec. 3. This Act shall be in full force and effect from and after its ratification.
In the General Assembly read three times and ratified, this the 7th day of May, 1959.