An Act to amend and reenact § 46.1-299, as amended, of the Code of Virginia, relating to devices signalling intention to turn or stop and rules therefor.
Volume 1968 Law 99
Volume | 1924 |
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Law Number | 157 |
Subjects |
Law Body
Chap. 157.—An ACT to amend and re-enact section five of an act entitled an
act to provide for building and permanently improving the public roads and
bridges in the magisterial districts of Washington county, Virginia, or any
magisterial district therein; to authorize the board of supervisors of Wash-
ington county to issue bonds for permanent road and bridge improvement or
construction in any or all of the magisterial districts in said county, on a peti-
tion signed by a majority of the qualified voters in such district or districts;
and to provide a sinking fund for the redemption of the bonds; and a levy for
maintenance of the sinking fund and maintenance and u keep of said roads,
and to provide for the construction or improvement of such roads and bridges
approved March 4, 1922, in so far as the roads of the Glade Spring ma sterial
district are concerned. [
Approved March 14, 1924.
1. Be it enacted by the general assembly of Virginia, That section
five of an act entitled an act to provide for building and permanently
improving the public roads and bridges in the magisterial districts of
Washington county, Virginia, or any magisterial district therein; to
authorize the board of supervisors of Washington county to issue bonds
for permanent road and bridge improvement or construction in any or
all of the magisterial districts in said county, on a petition signed by a
majority of the qualified voters in such district or districts; and to pro-
vide a sinking fund for the redemption of the bonds; and a levy for
maintenance of the sinking fund and maintenance and upkeep of said
roads; and to provide for the construction or improvement of such roads
and bridges, approved March fourth, nineteen hundred and twenty-two,
be amended and re-enacted so as to read as follows:
Section 5. Immediately upon the recordation of said petition the
board of supervisors are hereby authorized to issue bonds of the county
for a sum not exceeding the maximum estimated cost specified in said
petition and not in excess of the per centum of the assessed valuation
of taxable property for the current year of such magisterial district,
including the taxable property within any incorporated town within
such district as hereinbefore provided.
The board shall at their first meeting after said petition has been
recorded, or as soon thereafter as possible, determine the amount of
bonds, not exceeding the maximum aforesaid, to be issued and shall
enter of record the amount so determined. The board shall have power
in its discretion, to appoint an agent or agents to negotiate a loan or
loans or to sell said bonds provided said bonds shall be paid for in
lawful money of the United States and shall not be sold at less than
their par value. The bonds shall be registered or with coupons attached,
as the board of supervisors may prescribe. They shall be signed by the
chairman’ of the board and countersigned by the clerk thereof. They
shall be in denominations of one hundred dollars or some multiple
thereof, shall bear interest at a rate not exceeding six per centum per
annum, payable semi-annually, at the office of the treasurer of said
county, or at such other place as the board may prescribe and stipulate
upon the face of the bonds when issued. The bonds shall mature in not
more than thirty years from the date thereof, and the board at its dis-
cretion may issue the bonds, or any part thereof to mature in five years
from date thereof, and each year thereafter up until a date not more
than thirty years from the date thereof, but each and all bonds shall
specify on the face thereof its date of maturity, but the board shall have
the right to redeem all of such bonds, not previously paid for or redeemed
at any date after the expiration of ten years from the date thereof, pro-
vided, this privilege, if exercised by the board, shall be stated on the face
of the bonds when issued. The bonds shall be issued in the name of
Washington county, Virginia; shall be signed by the chairman of the
board of supervisors of said county and shall have annexed thereto the
seal of the board. The board shall deliver the bonds, when issued, to
the treasurer of the county, who shall deliver them to the purchaser upon
the payment of the price thereof . The treasurer and his sureties shall
be liable for the amount received for said bonds, as though it were a
county levy and said funds shall be expended for the purposes for which
they were intended and none other, except that the funds which have
been appropriated for the building and improving of any roads in
Glade Spring magisterial district which have since been taken over by
the State highway system and made a part thereof shall be used by the
board of supervisors of Washington county for the rocking, grading and
completion of the following roads:
Road leading from the mouth of Eleven Mile creek on the middle
fork of Holston river to the Norfolk & Western railway.
A road leading from the eastern limits of the town of Glade Spring
to the Saltville district line near Seven Springs.
A road from State highway No. 10, near Mrs. Fannie Clark’s, to
Price’s bridge. .
A road from old Glade Spring near Mason’s old store to Craig’s
bridge, unless the same is taken over by the State highway commission.
A road from Meadow View parallel with the Norfolk & Western
railroad to the underground crossing at Emory, Virginia.
A road from the macadam road near the residence of Mrs. Warren
north via P. A. Scott’s residence to the Saltville district line. Gravel
to be used on this road if deemed advisable.
A road from the Abingdon district line along the railroad east to
Meadow View and from this road at Ragsdale northwest to the Abing-
don district line.
A road leading from the macadam road at Dickerson’s store running
in a westerly direction to the bridge over Byar’s creek, near the resi-
dence of William E. Hutton.
A road leading up Plum creek from the rock road to a point near the
residence of H. H. Humphreys.
A road leading from a point on the rock road near the residence of
Dr. Whitts one mile toward Edmondson electric dam.
A road leading from Glade Spring, paralleling railroad to Emory and
Henry. This road to be made with gravel if deemed expedient.
Also to resurface the road from Cedarville to Graham’s bridge unless
the same is taken over by the State as a part of the State highway
m.
The board of supervisors is further authorized to abandon the road
from No. 10 State highway near E. B. Clark’s residence to McKinney’s
crossing, and to use the money that was appropriated for that pur-
pose in grading and macadamizing or gravelling the said road from
Glade Spring to Emory.
After the grading, rocking and completion of the roads above named,
if there should remain a surplus of the funds arising from the bond issue
then it 1s to be used for the improving, grading and rocking of a road
from the bridge on Byars creek near W. E. Hutton’s to the walnut tree
at T. M. Porterfield’s, and the improving, grading and rocking of the
road from Ebbing Spring Presbyterian church to John EK. DeBusk
flouring mill, and if there should be any further surplus then the same
shall be applied to the roads in Glade Spring district according to the
order of the board of supervisors.
2. Anemergency existing, this act shall be in force from its passage.