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 | 1906 |
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Law Number | 195 |
Subjects |
Law Body
Chap. 195.—An ACT to authorize the council of the town of Chatham. in
Pittsylvania county, to issue bonds and borrow money for the purpose of
increasing the water supply, constructing sidewalks, and retiring in whole
or in part the present bonded indebtedness of said town.
Approved March 14, 1906.
1. Be it enacted by the general assembly of Virginia, ‘That for the pur-
pose of increasing the water supply, constructing additional sidewalks,
and paying off in whole or in part the present bonded indebtedness of the
town of Chatham, in Pittsylvania county, the council of said town is
hereby empowered and authorized to borrow seventeen thousand and
five hundred dollars, or so much thereof as may not exceed the constitu-
tional limits, and to issue bonds for that amount signed by the mavor,
and attested by the clerk of said council, payable not exceeding thirty
years from date, redeemable after ten years, at the pleasure of the
council of said town, and bearing interest at the rate of five per centum
per annum, payable semi-annually at such place as may he designated
by said council: provided, said bonds shall not be sold for less than their
par value, nor issue at all until the proposed expenditure shall have been
approved by a majority of the qualified voters of said town voting at a
special election called by said council, and conducted according to the
laws applicable to special elections.
2. An emergency existing by reason of the necessity for said improve-
ments, and meeting said indebtedness, this act shall take effect from its
passage.