19-509.   Warrants; payment and redemption; received in payment oftaxes.Every county treasurer in this state shall pay for and redeem any countywarrant presented to him for redemption at the time of its presentation;and if so paid, shall mark the same "Paid," with red ink, on its face, andthe date when paid, at the time of payment, and sign the same:Provided, There is money then in his possession sufficient to pay thesame; and if there is not sufficient money in his hands to pay suchwarrant, he shall make a certificate of that fact upon the back of saidwarrant, and date and sign the same; and it shall also be the duty of saidtreasurer to set down in a book, to be kept by him for that purpose, thenumber, amount, and date of all such warrants, to whom made payable, andthe date when presented for payment; and all county warrants shall be paidin the order of their presentation for payment as appears by his register;and it shall be the duty of the county treasurer, whenever any money comesto his hands, to set apart the amount of the warrants thus presented, whichmoney shall be by him kept until called for, and if not called for previousto the publication of his quarterly statements to be made on the firstMondays of January, April, July and October in each year, he shall embracethe same in his next quarterly statement, fully describing such warrants bygiving their number and amount; and interest shall cease on each warrantafter such publication.

      The said treasurer, when he goes out of office, shall deliver said book,containing a list of the county warrants so presented, to his successor,who shall in all things act as though the entries of warrants were made byhimself; but every county treasurer shall receive in payment of countytaxes the county warrants issued in said county, which may be presented inpayment for such county taxes.

      History:   G.S. 1868, ch. 25, § 69; L. 1875, ch. 76, § 1; May 15; R.S. 1923,19-509.