NORTH CAROLINA GENERAL ASSEMBLY

1981 SESSION

 

 

CHAPTER 143

SENATE BILL 171

 

AN ACT TO AUTHORIZE THE TOWN OF LAURINBURG TO SELL ONE PARCEL OF LAND AT PRIVATE SALE AND TO EXEMPT SALE OF THAT AND ONE OTHER PARCEL FROM G.S. 14-234.  

 

The General Assembly of North Carolina enacts:

 

Section 1.  The City of Laurinburg is hereby authorized to convey by good and sufficient deed its right, title and interest in and to the following described parcel of land, at private sale or exchange for fair value, to the McNair Investment Company:

Beginning at the intersection of the southern line of Fairly Street with the western line of Atkinson Street, and running with the western line of Atkinson Street South 23 degrees and 46 minutes west 110 feet to an iron stake; thence North 69 degrees and 19 minutes West 123 feet to a corner; thence South 23 degrees and 46 minutes West 25 feet to the northern line of Pine Alley; thence with the northern line of Pine Alley North 67 degrees and 19 minutes West 15 feet to a corner; thence North 23 degrees and 46 minutes East 135 feet to the southern line of Fairly Street; thence with the southern line of Fairly Street South 67 degrees and 19 minutes East 138 feet to the beginning.

Sec. 2. The provisions of G.S. 14-234 shall not apply to either: (i) the sale or exchange of the property described in Section 1 of this act under the authority of this act or under Article 12 of Chapter 160A of the General Statutes or (ii) to the sale or exchange under Article 12 of Chapter 160A of the General Statutes of the following described parcel of land:

BEGINNING at a point in the northern right-of-way of Fairly Street, said point being north 68 degrees 30 minutes west 156.58 feet along the northern right-of-way of Fairly Street from its intersection with the western right-of-way line of McLaurin Avenue, said point being the southwest corner of the property of Laurinburg Machine Company; thence north 21 degrees 30 minutes east 150 feet to a point in the line of the Laurinburg Oil Company property; thence north 68 degrees 30 minutes west along said Laurinburg Oil Company line 76 feet to a point, the corner of Laurinburg Oil Company property; thence south 21 degrees 30 minutes west along said Laurinburg Oil Company line 150 feet to a point in the northern right-of-way line of Fairly Street; thence south 68 degrees 30 minutes east along said northern right-of-way line of the Fairly Street 76 feet to the point of BEGINNING.

Sec. 3. This act is effective upon ratification.

In the General Assembly read three times and ratified, this the 27th day of March, 1981.