Chap. 124.—An ACT to authorize and empower the board of supervisors of
Craig county to borrow money and issue notes therefor. {S B 339]

Approved March 4, 1922.

1. Be it enacted by the general assembly of Virginia, That the
board of supervisors of Craig county be, and it is hereby, authorized
and empowered to borrow money and execute notes therefor, when-
ever in its judgment, it is necessary; provided, however, that the
aggregate amount of indebtedness created under the provisions of
this act shall at no time exceed the sum of ten thousand dollars
($10,000.00). Said notes shall be signed by the chairman of said
board and attested by the clerk thereof and run from one to five
years, In amounts to be designated by the said board, and shall bear
interest at a rate not exceeding six per centum per annum and at
maturity paid out of the county road levy or road fund. Said money
so borrowed shall be used for the construction and permanent im-
provement of the roads and bridges in Craig county, constructed
under the supervision of the State highway commissioner or of the
said board of supervisors and for the repayment of sums temporarily
borrowed for said purpose.

2. All acts or parts of acts inconsistent with this act are hereby
repealed. ) :

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