CHAP. 379.—An ACT to amend and re-enact sections 1 and 2 of an act
entitled an act to provide for a pec election in the town of Frank:
lin upon the question of issuing bonds for the purpose of improving
the streets of said town; to allow the council of the said town te
issue said bonds, if the same shall be authorized by a majority of
the qualified voters thereof at such special election, and by a majority
of the registered voters of said town, and to levy and collect taxes
sufficient to pay the interest thereon and to create a sinking fund for
the redemption of the said bonds upon their maturity, approved
ruary 15, 1915. (H. B. 643.)

Approved March 20, 1916.

1. Be it enacted by the general assembly of Virginia, That
sections one and two of an act entitled an act to provide for a
special election in the town of Franklin upon the question of
issuing bonds for the purpose of improving the streets of said
town; to allow the council of the said town to issue said bonds,
if the same shall be authorized by a majority of the qualified
voters thereof at such special election, and by a majority of
the registered voters of said town and to levy and collect taxes
sufficient to pay the interest thereon, and to create a sinking
fund for the redemption of the said bonds upon their maturity,
approved February fifteenth, nineteen hundred and fifteen, be
amended and re-enacted so as to read as follows:

Section 1. That it shall be lawful for the town of Frank-
lin, for the purpose of grading, paving, curbing, macadamiz-
ing, or otherwise improving the streets of the said town; and
improving the water system and electric light plant of the
said town; to issue coupons, or registered bonds, in the sums
not less than one hundred dollars to an amount not to exceed
forty thousand dollars, to bear interest at the rate not to exceed
six per centum per annum, payable semi-annually, said bonds
payable thirty years after the date of their issue, and any or
all of the said bonds shall be redeemable at the option of the
city council at any time after ten years from the date of their
issue; the said bonds shall be signed by the mayor and attested
by the town recorder, with the seal of the town affixed thereto,
and the coupons shall each bear the name of the town recorder,
signed thereto. The said bonds shall be exempt from any and
all taxation by the town of Franklin, and shall not be sold for
less than their par value.

Sec. 2. That the town council shall not issue any bonds
provided for in this act until said council shall have taken the
sense of the qualified voters of said town, as hereinafter pro-
vided for; the said council shall not order any election under
this act until a majority of the council have voted in favor of
some definite measure or subscription, as the case may be, for
the improvement of the said town, as contemplated by this
act, and has ascertained the approximate cost thereof, and they
shall also ascertain and designate the streets and squares of said
town to which such improvements are to apply; and the im-
provements to be made in the water and electric light plants;
and shall publish all such information, at least once a week
for two weeks, before any election held under this act, in one
or more newspapers of said town, for the information of the
voters.