| {Acts of the North
Carolina General Assembly} |
| |
| An Act to Concerning the Wilmington & Weldon Railroad
Company |
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| Whereas, The Wilmington
& Weldon Railroad Company has, in conformity with a law passed by the
Legislature of this State, issued the bonds of said company to the
amount of two hundred and fifty thousand dollars which bonds are
endorsed by the State of North Carolina as the said law provides; and
whereas, There remains unpaid of said bonds the sum of one
hundred thousand dollars, of which sum $50,000 is payable on the 1st of
January, 1862, and $50,000 on the 1st of January, 1863, which bonds are
held and owned by the State of North Carolina and the president and
directors of the literary fund of North Carolina: |
| Be it enacted by the
General Assembly of the State of North Carolina, and it is hereby
enacted by the authority of the same, That the time of payment of
said unpaid bonds shall be extended so as to make the same payable, viz:
fifty thousand dollars on the 1st of January, 1867, and fifty thousand
dollars on the 1st day of January, 1868, and that the said bonds shall
continue to bear interest at the rate of six per cent. per annum until
their maturity as herein extended, which interest shall be payable
semi-annually at the time and place as set forth in said bonds. [Ratified
the 23d day of February, 1861.] |
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