Chap. 200.—An ACT to authorize and empower the board of supervisors of
Franklin county, Virginia, to borrow money and issue bonds for the purpose
of constructing and improving a road from the State highway near Sontag,
Virginia, via Snow Creek store to the Henry county line near Shady Grove,
in Snow Creek magisterial district, and requiring the said board to Jevy a
tax for the purpose of paying the interest on said bonds and to create a
sinking fund to redeem the principal thereof at maturity. {H B 428]

Approved March 15, 1922.

1. Be it enacted by the general assembly of Virginia, That the
board of supervisors of Franklin county be, and it is hereby author-
ized and empowered to borrow the sum of fifty thousand dollars, or
as much thereof as may be necessary, and to issue coupon bonds
therefor, for the purpose of constructing and improving a road in
Snow Creek magisterial district, in Franklin county, from the State
highway near Sontag, by way of Snow Creek store to the Henry
county line near Shady Grove, to connect with the Henry county
sand clay road; said bonds to be issued in denominations to be deter-
mined upon by the said board of supervisors, bearing interest at not
exceeding six per centum per annum, payable semi-annually, with
interest coupons attached thereto, the principal to be paid one-fourth
in five years from their date, another one-fourth in ten years from
their date, another one-fourth in fifteen years from their date, and
the remainder in twenty years from their date. The said bonds shall
not be sold for less than the par value thereof.

2. The bonds authorized to be issued by this bill shall be signed
by the chairman of the board of supervisors of Franklin county, and
countersigned by its clerk, and under the seal of the said board.

3. The board of supervisors of Franklin county shall annually
include in the levy upon the property and lawful subjects of taxation
in Snow Creek magisterial district, as a part of the county levy in
said magisterial district, a sum sufficient to pay the annual interest
on said bonds, and create a sinking fund to pay and redeem said bonds
at or before maturity.

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

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