NORTH CAROLINA GENERAL ASSEMBLY

1961 SESSION

CHAPTER 331

HOUSE BILL 394

AN ACT TO AMEND CHAPTER 519 OF THE SESSION LAWS OF 1959 RELATING TO THE DISPOSITION OF THE NET PROFITS FROM ALCOHOLIC BEVERAGE CONTROL STORES IN THE TOWN OF SHALLOTTE.

The General Assembly of North Carolina do enact:

Section 1. Subsection (e) of the last paragraph of Section 6 in Chapter 519 of the Session Laws of 1959 is amended by striking out in line 1 of said subsection the words and figures "twenty per cent (20%)" and inserting in lieu thereof the words and figures "ten per cent (10%)".

Sec. 2. The last paragraph of Section 6 of Chapter 519 of the Session Laws of 1959 is amended by adding a new subsection immediately following Subsection (e) to be designated as Subsection (f) and to read as follows: "(f) Ten per cent (10%) to be given to Union High School."

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 All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 4. 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 2nd day of May, 1961.