Chap. 497.—An ACT to amend and re-enact an act entitled an act to author-
ize the town of Blacksburg, in Montgomery county, to issue bonds and to
borrow money for the purpose of improving the streets of the said town,
approved March 17, 1916. [H B 477}

Approved March 28, 1922.

1. Be it enacted by the general assembly of Virginia, That an
act entitled an act to authorize the town of Blacksburg, in Mont-
gomery county, to issue bonds and to borrow money for the purpose
of improving the streets of the said town, approved March seven-
teenth, nineteen hundred and sixteen, be amended and re-enacted so
as to read as follows:

Sec. 1. The council of the town of Blacksburg, in Montgomery
county, may, for and in the name of the town, cause to be issued
bonds, the form of which shall be prescribed by the council, not ex-
ceeding the amount of ten thousand dollars, said bonds to be signed
by the mayor and attested by the clerk of said town, bearing interest
at a rate not exceeding six per centum per annum and payable not
exceeding ten years from date and redeemable after five years at the
pleasure of the council of the said town; provided, however, that
the money arising from the sale of the said bonds shall be used and
applied by the said council exclusively for street improvement in
macadamizing Main street of said town from the corporate line on
the Christiansburg road following Main street to the corporate line
on the Newport road, and supplementing an amount of money to
be spent on said street by the State highway department in building
a State road through the said town of Blacksburg; and provided,
further, that the amount necessary for paying the interest on these
bonds and providing a sinking fund to be used in payment of the
regular town levy as already provided for, for laying and collecting
the same, or a special levy may be laid to provide for the same,
except on such subjects as cities and towns are forbidden by general
law to impose taxes on, or to require license of.

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