Chap. 358.—An ACT to authorize the board of supervisors of Surry county ta
contract a loan and to issue bonds of said county for the purpose of provid-
ing a portion of the money necessary for rebuilding the courthouse of said
county and furnishing the same, and for making needful and necessary
improvements to the county jail. [H B 340)

Approved March 23, 1922.

Whereas, on the sixteenth day of January, nineteen hundred and
twenty-two, the Surry county court house was destroyed by fire; and

Whereas, the insurance carried on said building was not sufficient
in amount to rebuild the said building and refurnish the same; and

Whereas, it is needful and necessary that certain improvements
be made to the county jail; therefore,

1. Be it enacted by the general assembly of Virginia, That the
board of supervisors of Surry county, Virginia, be, and they are
hereby, authorized to borrow a sum of money not in excess of fifteen
thousand dollars to be used in the rebuilding and refurnishing of the
courthouse of said county, and making needful and necessary 1m-
provements to the county jail.

2. That said loan shall be effected by issuing the bonds of the
county of Surry, to be signed by the chairman of the said board of
supervisors and countersigned by the clerk thereof, and sealed with
its seal. And said bonds shall be made to mature at such time, or
times, as the said board shall think fit, but provided, however, that
the dates of maturity shall in no case be longer than fifteen years
from the date of issue thereof; but provided, further, that the right
shall be reserved unto the said board to anticipate the payment of any
or all of said bonds at any interest paying period after the expiration
of one year from the date of issue; the said bonds to be in denomi-
nation of one hundred dollars, or multiples thereof, and to be either
registered or coupon bonds; and they shall bear interest at a rate not
exceeding six per centum per annum, payable semi-annually from
the date of issue; and otherwise they shall be in such form as the
said board may prescribe.

3. The said board of supervisors shall have full power to nego-
tiate the said bonds at one time, or at different times, as money is
needed, in any way they may think best, and may deposit the proceeds
therefrom in any bank, or banks, in Surry county, subject to their
order, pending the application of said proceeds to the purpose for
which they are raised.

4. The said board of supervisors shall arrange and provide for
1922. ] ACTS OF ASSEMBLY. 595

the payment of said bonds, at or before maturity of the same, in
accordance with the provisions of section twenty-seven hundred and
forty-one of the nineteen hundred and nineteen Code of Virginia.

5. And there being a lack of suitable building within which to
conduct the judicial and other business of the county, an emergency
is declared to exist and this act shall, therefore, be in force from its

passage.