NORTH CAROLINA GENERAL ASSEMBLY

1967 SESSION

 

 

CHAPTER 1062

HOUSE BILL 833

 

 

AN ACT REPEALING CHAPTER 535 OF THE 1965 SESSION LAWS AND AMENDING CHAPTER 982 OF THE 1963 SESSION LAWS RELATING TO THE ALLOCATION OF THE NET PROFITS OF THE TOWN OF HAMLET, IN RICHMOND COUNTY, BOARD OF ALCOHOLIC CONTROL.

 

The General Assembly of North Carolina do enact:

 

Section 1. Chapter 535 of the 1965 Session Laws is hereby repealed.

Sec. 2. Section 6 (b) of Chapter 982 of the 1963 Session Laws is rewritten in its entirety to read as follows:

"(b)      The Hamlet Board of Alcoholic Control shall allocate from the net profits as follows:

"Ten per cent (10%) of the net profits shall be paid to the general fund of Richmond County to be used for the Richmond Technical Institute.

"Ninety per cent (90%) of the net profits shall be paid to the general fund of the Town of Hamlet for any proper governmental purpose."

Sec. 3. All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 4. This Act shall become effective July 1, 1967.

In the General Assembly read three times and ratified, this the 3rd day of July, 1967.