Chap. 376.—An ACT authorizing and empowering Dove Commandery, No. 7,

_ Knights Templar, of Danville, to borrow money, issue bonds, and secure same by
mortgage, deed of trust, or other lien on its personal property and validating
certain bonds heretofore issued.

Approved March 28, 1902.

1. Be it enacted by the general assembly of Virginia, That for the pur-
pose of furnishing and equipping a meeting-room, and for other uses and
purposes, Dove Commandery, number seven, Knights Templar, of Dan-
ville, Virginia, is hereby authorized and empowered to borrow money,
not exceeding the sum of two thousand five hundred dollars, and issue
its bonds therefor, secured by mortgage, deed of trust, or other lien upon
its personal property, or any part thereof, said mortgage, deed of trust,
or other lien to be duly signed, acknowledged, and delivered by its trus-
tees; said bonds to bear such rate of interest, with principal and interest
payable at such times and periods as a majority of the said commandery
attending a regular stated conclave thereof may determine; and said
majority of members attending such conclave shall also determine
whether said bonds shall be coupon or registered bonds, and the amount
of each bond and its date.

2. That upon the determination of a majority of the members of said
commandery to borrow the money aforesaid, issue the said bonds, and
secure the same by mortgage, deed of trust, or other lien upon its per-
sonal property, or any part thereof, the trustees of said Dove Com-
mandery, number seven, Knights Templar, of Danville, shall have the
power to execute such mortgages, deeds of trust, or other liens as may be
necessary to secure such bonds as may be issued by said commandery in
pursuance of this act, said mortgage, deed of trust, or other lien to con-
tain such conditions and stipulations as may be adjusted requisite; but
said trustees shall not be personally liable for the payment of any such
bond or bonds.

3. That any and all bonds heretofore issued by such commandery for
the purposes hereinbefore set out are hereby validated, and the trustees
of said commandery are hereby authorized and empowered to execute a
mortgage, deed of trust, or other lien to secure said bonds which have
been heretofore issued, as well as those to be hereafter issued; but the
aggregate par value of all the bonds mentioned herein, issued and to be
issued, shall not exceed the sum of two thousand five hundred dollars.

4. This act shall be in force from its passage.