WINBORNE, Chief Justice.
The Constitution of North Carolina, Article V, Section 5, declares in respect to property exempt from taxation, that "The General Assembly may exempt * * * property held for educational, scientific, literary, charitable or religious purposes * * *." And pursuant to the authority so given by the Constitution the General Assembly has enacted a statute, G.S. § 105-296, declaring in pertinent part that "the following real property, and no...
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