NORTH CAROLINA GENERAL ASSEMBLY

1965 SESSION

CHAPTER 728

SENATE BILL 429

AN ACT TO AMEND CHAPTER 1147, SESSION LAWS OF 1949, TO PROVIDE FOR THE ALLOCATION OF FUNDS DERIVED FROM THE OPERATION OF LIQUOR STORES IN THE TOWN OF DUNN, IN HARNETT COUNTY.

The General Assembly of North Carolina do enact:

Section 1. Section 6 of Chapter 1147, Session Laws of 1949, is hereby rewritten to read as follows:

"Sec. 6. The net profits derived from the operation of liquor control stores in the Town of Dunn shall be paid into the general fund of the Town of Dunn, to be appropriated by the governing body for any town governmental purpose. Provided, that the governing body shall allocate not less than ten per cent (10%) and not more than twenty-five per cent (25%) of the net profits to the Board of Trustees of the Betsy Johnson Memorial Hospital."

Sec. 2. All laws and clauses of laws in conflict with this Act are hereby repealed.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 28th day of May, 1965.