Chap. 215.——An ACT to authorize the board of supervisors of Botetourt
county to borrow $20,000 for the purpose of building bridges across
James river at Glen Wilton, and across Catawba creek on or near the
Sweet Springs turnpike, in said county, and for the purpose of com-
pleting the permanent improvement of the public roads from Fincastle
to Troutville and Daleville, in said county. (H, B. 187.)

Approved March 24, 1914.

1. Be it enacted by the general assembly of Virginia, That the
board of supervisors of Botetourt county be, and hereby is, author-
ized and empowered to borrow a sum of money not exceeding twenty
thousand dollars for and in the name of the said councy, to be ex-
pended in the erection of bridges across James river at Glen Wil-
ton, and across Catawba creek on or near the Sweet. Springs turn-
pike in said county, and in the completion of the permanent work
en the public roads from Fincastle to Troutville and Daleville, in
said county, and to issue bonds of the said county of Botetourt
therefor; and, if the said board of supervisors desire, to appoint
an agent or agents to negotiate said loan; said bonds may be either
coupon or registered, as the said board may prescribe; shall be
signed by the chairman of the said board of supervisors and coun-
tersigned by the clerk thereof; shall be in the denomination of one
hundred dollars or some multiple thereof; shall bear interest at a
rate not exceeding five percentum per annum, payable semi-annually
on the first day of January and the first day of July of each year,
at the office of the treasurer of the said county; and shall be payable
in twenty-five years from the date thereof at said office, but redeem-
able in the discretion of the said board of supervisors at any time
after the expiration of twenty years from their date, but no bonds
issued under this act shall be sold at less than their par value.

2. The said board of supervisors shall deliver said bonds to the
treasurer of said county, who shall deliver said bonds to the pur-
chaser or purchasers thereof, upon the payment of the price at
which they are sold. The said treasurer and the sureties on his
official bond shall be liable for the amount received for said bonds
as though it were a county levy, and the said treasurer shall pay
out such fund on the warrant of the board of supervisors, and he
shall receive as compensation for his services hereunder a commis-
sion of one-half of one percentum on the amount thus coming into
ris hands.

3. That at the time at which the said board of supervisors
nakes its levy for the said county, it shall levy on all the property
iable in said county to other county levies a tax sufficient to pay
the interest on the bonds of the county so issued, and in addition
thereto to create a sinking fund, to redeem the principal thereof,
such as said board of supervisors may deem necessary or proper.

4. The needs of the said county requiring the immediate issue
of said bonds, an emergency is declared to exist for this act, and
the same shall be in force from its passage.