SECTION 1. That Crockett County, acting through resolution duly adopted by a majority vote of its Quarterly County Court at any regular or specially called meeting, is hereby authorized and empowered to invest all or any part of its sinking funds now on hand and to accrue in bonds of the United States, provided, however, that no investment thereof shall be made except in such bonds as upon their face provide for redemption at not less than face value thereof at a time not in excess of twelve months from the date of issue.
SECTION 2. That this Act shall take effect from and after its passage, the public welfare requiring it.
Passed: January 21, 1943.