CHAP. 266.—An ACT to authorize and empower the board of supervisors
of Culpeper county to issue bonds to raise money for the purpose of
providing for and erecting and building certain bridges in said county.

Approved March 14, 1912.

1. Be it enacted by the general assembly of Virginia, That the
board of supervisors of Culpeper county be, and they are hereby,
authorized and empowered, in their discretion, to issue bonds of
the county, coupon or registered, to an amount not exceeding four
thousand dollars; said bonds to be issued in denominations of
five hundred dollars each, and to run for ten years, bearing in-
terest not exceeding six per centum per annum, interest payable
semi-annually or annually. .

Said bonds shall be redeemable at any time after the expira-
tion of three years, and shall be sold for not less than par.

The bonds authorized to be issued by this act shall be signed
by the chairman of the board of supervisors and countersigned
by its clerk and under the official seal of the county. The funds
arising from the sale of said bonds are to be used solely for the
purpose of building bridges in said county.

2. The said board of supervisors shall annually include in the
levy upon the property and lawful subjects of taxation in said
county as a part of the county levy a sum and tax sufficient to
pay the annual interest on said bonds, and in such manner as they
deem best create a sinking fund sufficient to pay the said bonds at
or before maturity.

3. An emergency existing, this act shall be in force from
its passage.