Chap. 422.—An ACT to authorize the school board of Drewryville school dis-
trict, of the county of Southampton, Virginia, to issue bonds of the school
district, for the purpose of erecting a public high school building at Drewry-
ville, Virginia, for the said district. [H B 407]

Approved March 23, 1920.

1. Be it enacted by the general assembly of Virginia, That the
school board of Drewryville school district, number eight, of the
county of Southampton, is hereby authorized and empowered to bor-
row money not exceeding the sum of seventy-five thousand dollars,
to be used for the construction of a public high school building at
Drewryville, Virginia, in the said district.

2. The said school board may issue bonds not exceeding seventy-
five thousand dollars for the said purpose, the said bonds to be in
such denominations as the said school bodrd may determine, and
they shall bear interest at not exceeding six per centum per annum,
payable annually. The said bonds shall not be sold by the said school
board at less than their par value.

3. The bonds provided for in this act shall not be issued except
upon the approval of a majority of the citizens of the Drewryville
school district, voting in election, who were qualified to vote in the
last preceding general election held therein, and such approval or
non-approval, as the case may be, to be ascertained in an election to
be held for that purpose in said district, upon an order of the circuit
court of Southampton county or the judge thereof in vacation, at
any time after the enactment hereof, upon the petition of fifty free-
holders of said district, said election to be had upon thirty days
notice thereof duly posted at the front door of the courthouse ot
the said county and at each of the voting precincts of said district.
asking an election hereunder, said election to be conducted in the same
manner and by the same election officers of said district in said county.
who conducted the general election next preceding the same. The
ballots to be used in such election shall be prepared as the ballots
used in other general elections and shall contain the words, “For
bond issue for school purposes” and “Against bond issue for school
purposes,” and if upon a canvass of the ballots cast it shall be found
that a majority of those voting are in favor of such bond issue, the
fact shall be so reported, and the said board, upon receipt of the
notice of such result, shall proceed immediately to prepare, execute
and negotiate such bonds accordingly.

4. The said bonds may be made payable and redeemable, at the
option of the said school board, at such time as it may declare, on
the face of the bond.

5. The said bonds: shall be a lien upon all the school property
of the said school district in the said county of Southampton, the
said school property being pledged for the payment of the principal
sum and the interest thereon. —

6. The said school board shall provide for the payment of said
bonds and the accrued interest thereon in such manner and by such
means as may be lawful and it shall deem necessary.

7. The board of supervisors of the county of Southampton mai
yuarantee the payment of said bonds so issued in accordance wth
this act.

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