CHAP. 343.—An ACT to amend and re-enact section 4, of an act entitled
an act to authorize the several magisterial districts of Accomac county
to borrow money and issue bonds therefor, for the purpose of build-
ing, improving and maintaining the public roads of said districts in
said county, approved March 13, 1912. (H. B. 421.)

Approved March 20, 1916.

1. Be it enacted by the general assembly of Virginia, That
section four, of an act entitled an act to authorize the several
magisterial districts of Accomac county to borrow money and
issue bonds therefor, for the purpose of building, improving and
maintaining the public roads of said districts in said county,
approved March thirteenth, nineteen hundred and twelve, be
amended and re-enacted so as to read as follows:

4. For every magisterial district of said county in which
the majority shall vote in favor of such bond issue, there is
hereby created and established a district road board, to be known
as the -............. district road board (inserting the name
of the particular magisterial district), consisting of the super-
visor of the said magisterial district, who shall be chairman of
the district road board, and four citizens of the said district to
be appointed by the judge of the circuit court of said county.
Said members of said district road board shall be selected as
far as practicable, from different sections of their respective
magisterial districts, to the end that the entire magisterial dis-
trict may, as far as practicable, be represented on said boards.
In the event of a vacancy on any such district road board
whether caused by death, resignation, or removal from office,
or from the district for which they were appointed, such vacancy
shall be filled by the judge of the said circuit court. The mem-
bers of the said district road boards, other than the supervisor,
shall, before entering upon their duties hereunder, enter into
and acknowledge before the clerk of the circuit court for the
county of Accomac, a bond in the penalty of five thousand dol-
lars each, with security thereto, to be approved by said clerk,
conditioned for the faithful performance of their duties under
this act. Said district road boards shall elect one member who
snall be secretary, and whose duty it shall be to keep a com-
plete and accurate record of all proceedings of the said board
and the moneys received and expended by the said board; and
who shall, at the end of each year, cause to be published in the
newspapers of said county a statement showing all receipts and
disbursements of said board for the preceding year. Said boards
shall meet at some convenient place in their respective magis-
terial districts, and for their service in attendance upon the
said meetings, the members thereof in actual attendance shall
receive a per diem of four dollars a day; but the members of
the said boards shall not receive pay for more than twelve meet-
ings in any one year. In addition to the aforesaid per diem
the said board may allow the secretary additional compensation
not exceeding the sum of ten dollars per month for the extra
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1916.) ACTS OF ASSEMBLY. 565

it is hereby authorized and empowered to borrow the sum of
twenty thousand dollars, to be used in the county of Alleghany
for the purpose of constructing new roads, and for the purpose
of widening and otherwise permanently improving the present
roads in said county, and the maintaining of same in such man-
ner as said board of supervisors shall deem proper in expending
said money on said roads. The said board shall be authorized
to use the convict forces provided by the State, or the said board
may employ other labor.

2. The said board of supervisors of Alleghany county is
hereby authorized and empowered to issue coupon bonds of the
said county for the sum of twenty thousand dollars, which said
bonds shall be known as “Alleghany county road bonds,” and
shall be of the denomination of five hundred dollars each, and
shall be numbered consecutively from one (1) to forty (40) in-
clusive. Said bonds shall be payable in thirty years from the
date of their issuance and shall bear interest at a rate not to
exceed five per centum per annum, which interest shall be pay-
able semi-annually on the first day of January and the first day
of July of each year at the office of the treasurer of Alleghany
county, and said bonds shall be signed by the chairman of the
board of supervisors of said county and shall be attested by its
clerk, and shall have the seal of said board affixed thereto, and
said bonds shall provide that said board shall have a right after
the expiration of ten years from the date of issuance of said
bonds to pay all, or any of said bonds, and if less than all of said
bonds are redeemed under said option, they shall be redeemed
and paid in their inverse numerical order, and shall be redeemed
upon the expiration of at least thirty days after written notice
to the owner, or owners, thereof, which said notice shall be given
by the treasurer of said county upon the order of said board, by
sending written notice by registered mail to the last known
postoffice address of the original purchaser, or purchasers, of the
bonds which said board desires to redeem under said option,
and that upon-the expiration of the said period of at least thirty
days, interest upon any bonds so elected by said board to be
paid and redeemed shall cease; provided that the notice afore-
said of at least thirty. days shall expire on one of the dates upon
which interest on said bonds shall become payable.

3. Said bonds shall not be sold for less than par, and said
board shall have full power to negotiate a sale of said bonds
through an agent, or agents, or in any way it may deem best, and
the proceeds of said bonds, when sold, shall be received by the
treasurer of Alleghany county, and for the money so received,
the said treasurer shall be liable upon his official bond. The
treasurer of said county shall keep accurate account of the
money received by him from the sale of said bonds, and shall
pay the money so received by him on warrants issued by the
said board on said fund as in other cases, and for his services
in receiving and disbursing the proceeds of the sale of said

yonds, the said treasurer shall receive such compensation as
he said board shall prescribe. ;

4. The said board of supervisors shall annually include in
the levy upon the property and lawful subjects of taxation in
said county, and the property and lawful subjects of taxation
n the incorporated towns in said county, as a part of the annual
county levy, a sum sufficient to pay the annual interest on the
oonds then outstanding, and, in addition, a sum sufficient to pay
at least three and one-half per centum of the principal of said
oonds, which said additional sum, for the purpose of paying the
principal of said bonds, shall constitute a sinking fund for the
redemption thereof. The said board of supervisors is author-
ized and empowered to deposit any amount received as a sink-
ing fund aforesaid, in any bank, or banks, at interest, and to
collect and redeposit the same, together with the interest there-
on, from time to time, so often as it may be deemed necessary
or expedient. All of the said bonds and coupons paid off or re-
deemed by the said board shall be forthwith destroyed in the
presence of said board.

The said board shall keep a record in which shall be set
out the respective numbers of the bonds and the names and
addresses of the respective purchasers thereof.

6. On account of the necessity of the immediate use of the
money to be raised under this act, this act is declared to be an
emergency act, and shall be in force from its passage.