Commissioners of Forsyth v. Lemly

Smith, C. J..

The justices of the county court of Forsyth, at the term- hefd; in June, 1‘868¡ and- by virtue of a- pro-vision in the act incorporating* the Western North Carolina Railroad Company, authorized a subscription of ono thousand) shares on behalf of the county in the capital* stock of the-company, of the par value of one hundred dollars each, and) directed the issue and sale of b.ond>s in, that amount bearing; interest at the rate of eight per cent., whereof ten thousand ■dollars should mature at the end of the successive years next ensuing, to provide the money to pay for said…