An Act to amend and reenact § 46.1-299, as amended, of the Code of Virginia, relating to devices signalling intention to turn or stop and rules therefor.
Volume 1968 Law 99
Volume | 1902/1903 |
---|---|
Law Number | 154 |
Subjects |
Law Body
Chap. 154.—An ACT to amend and re-enact an act entitled an act to authorize th
board of supervisors of Botetourt county to borrow $9,000 for the purpose c
building a bridge across James river in that county, approved March 29, 190:
so as to authorize the said board to borrow $12,000 for the purpose aforesai:
and to issue bonds of the said county therefor.
Approved April 14, 1903.
1. Be it enacted by the general assembly of Virginia, That an act en
titled an act to authorize the board of supervisors of Botetourt county t
borrow nine thousand dollars for the purpose of building a bridge acros
James river in that county, approved March twenty-ninth, nineteen hun
dred and two, be amended and re-enacted so as to read as follows:
§ 1. That the board of supervisors of the county of Botetourt be, an
hereby is, authorized and empowered to borrow a sum of money not ex
ceeding twelve thousand dollars for and in the name of the said county, t
be expended in the erection and construction of a bridge across Jame
river at Glen Wilton, in said county, and to issue bonds of said countv fo
the loan thereof; and they may appoint an agent, or agents, to negotiat
the loan of the said sum of money. Said bonds may be either registered o
with coupons attached, as said board of supervisors may prescribe ; sha!
be signed by the chairman of the said board of supervisors, and counter
signed by the clerk thereof; shall be in denominations of one hundre
dollars, or some multiple thereof; shall bear interest at a rate not excec!
ing five per centum per annum, payable annually at the office of the treas
urer of said county, and shall be payable not exceeding twenty vears fror
the date thereof at said office, but may, in the discretion of said board, b
redeemable at such time or after such period as the said board may pre
scribe; but no bonds issued under this act shall be sold or negotiated a
less than par.
§ 2. At the time at which the said board of supervisors makes its lev
for the said county it shall levy on all the property in said county Hal:
to State tax and county levy, such tax to pay the interest on the bond
of the county so issued, and to create a sinking fund to redeem the prin
cipal thereof, as said board of supervisors may deem necessary or proper
but such levy for a year shall not exceed the interest on the whole d
and one-tenth of the principal thereof.
2. This act shall be in force from its passage.