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 | 1915 |
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Law Number | 95 |
Subjects |
Law Body
Chap. 95.—An ACT to authorize Northampton county to borrow money and
issue bonds for a sum not exceeding fifty thousand dollars ($50,000)
for the purpose of building, improving and maintaining the public roads
of Eastville magisterial district in said county. : (S. B. 109):
Approved March 15, 1915.
1. Be it enacted by the general assembly of Virginia, That the
board of supervisors of Northampton county be, and it is, hereby
authorized to borrow from time to time, as may be necessary, money not
exceeding fifty thousand dollars, ($50, 000) for the magisterial district
of Eastville, in said county, the said sums to be used for the purpose of
building, improving and maintaining the public roads in said Eastville
magisterial district.
2. The said loans shall be effected by issuing the bonds of said
county, signed by the chairman of the said board of supervisors and
countersigned by the clerk thereof, in denominations of five hundred
($500) and one hundred dollars ($100) each, or either, as in the dis-
cretion of the said board may deem best, payable in not exceeding thirty
years (30) after the date thereof, with coupons attached for the semi-
annual payment of interest at a rate of interest not exceeding six per
centum; provided, however, that any or all of the bonds shall, by the
terms thereof, be made redeemable at the discretion of the said board
at any time after the expiration of five years from the date of issue.
8. The said board shall have full power to negotiate the said bonds
through an agent or by such other method as in its discretion may seem
best, and deposit the proceeds in some bank or banks of the said county
of Northampton, to be selected by the LEastville district road board
hereinafter provided for, to the credit of said district road board and
subject to its order; provided, however, that the said bonds shall be so
negotiated for no less than their normal or par value, and the same
shall not be issued except upon the approval ofa majority of the citizens
of the Hastville magisterial district of said county for which said issue
is made, who were qualified to vote in the last preceding general election
held therein, and such approval or non-approval, as the case may be, to
be ascertained in an election to be held for that purpose in said Eastville
magisterial district of said county upon an order of the circuit court of
the said county or the judge thereof in vacation, at any time after the
enactment hereof, upon the petition of fifty (50) qualified voters of
said magisterial district ; said election to be had upon thirty days’ notice
thereof duly posted at the door of the courthouse of the said county
and at each of the voting precincts of said magisterial district, asking
an election hereunder, said election to be conducted in the same manner
and by the same election officers of said magisterial district in said
county who conducted the general election next preceding the same.
4, The ballots to be used in such election shall be prepared as the
ballots used in other general elections and shall contain the words, “For
the issue of bonds for public road improvement in Eastville magisterial
district,” and “Against the issue of bonds for public road improvement
in Kastville magisterial district,” and if upon the canvass of the ballots
cast it shall be found that a majority of those voting are in favor of
such bond issue, the fact shall be so reported, as on the results of other
general elections, and the board of supervisors, upon receipt of notice of
such result, shall proceed immediately to prepare, execute and negotiate
such bonds accordingly.
5. For said EKastville magisterial district of said county, should
the majority vote in favor of such bond issue, there is hereby created
and established a district road board to be known as the “EHastville dis-
trict road board,” consisting of the supervisor of said Kastville magis-
terial district, who shall be chairman of said district road board, and
six (6) citizens of said district to be appointed by the circuit court of
said county or the judge thereof in vacation, said members of said dis-
trict road board to be selected, so far as practicable, from the different
sections of said magisterial district, to the end that the entire magisterial
district may, as far as practicable, be represented on said board. In the
event of a vacancy on such district road board, whether caused by death,
resignation or removal from office, or from the district for which they
were appointed such vacancv shall be filled by the said circuit court, or
the judge thereof in vacation. The members of the said district road
board, other than the supervisor, shall, before entering upon the duties
hereunder, enter into and acknowledge before the clerk of the circuit
court of the county of Northampton, a bond in the penalty of three
thousand dollars ($3,000) with surety thereto to be approved by said
clerk, conditioned for the faithful performance of their duties under this
act ; said district road board shall elect one member who shall be secretary
and whose duty it shall be to keep complete and accurate records of all
proceedings of the said board and the moneys received and expended
by the said board, and who shall cause its accounts to be audited annually
and filed with the board of supervisors of the said county, and publish a
full report of all receipts and expenditures in some newspaper in said
county; said secretary for said services to receive not more than two
hundred and fifty dollars ($250.00) per annum; said board shall meet
at some convenient place in said magisterial district, and for their
service the members thereof shall receive an annual salary of fifty
dollars ($50.00).
The said district road board is hereby authorized and empowered to
adopt such methods and materials as in its judgment may seem best
suited to the requirements of said district, employ such engineers, road
builders and operatives, teams and machinery as to it may seem fit, and
make reasonable and proper regulations as to location, construction and
maintenance of the roads to be constructed hereunder, and do generally
and perform all acts necessary for the effectuation of the interests and
purposes hereof.
6. Said board hereby provided for shall be a body corporate and
shall be known and designated as the Eastville district road board, and
as such shall have the right to contract and be contracted with, sue
and be sued.
%. After issuing the bonds, or any of them, provided for in this act,
when the first levy is made by the board of supervisors, a tax shall be
levied on all property, except the property within the corporate limits
of the town of Eastville, subject to local taxation in Eastville magis-
terial district in said county, in which the proceeds of such bonds have
been or are to be expended, to pay interest on the bonds so issued and
to create a sinking fund to redeem the principal thereof at maturity ;
and from year to year such levies shall be made on such property in
said district until such debt, together with the interest thereon, is paid,
the said levy not to exceed the sum of thirty cents (30c) on the one’
hundred dollars ($100.00) of taxable property within such district.
8. An emergency arising by reason of the importance of the im-
mediate execution of the provisions of this act, the same shall be in
force from its passage. _ :