Chap. 237.—An ACT to authorize the postponement of the Payment of the sum of
$16,000.00 and interest due by the Ettrick sub-school district of Chesterfield
county, to the literary fund. [H B 344}

Approved March 14, 1924.

Whereas, in the year nineteen hundred, the general assembly of
Virginia, in order to increase the school session from six to nine months,
created in the county of Chesterfield the Ettrick sub-school district,
with the then taxable values of three hundred and three thousand,
seven hundred and seventy dollars; and,

Whereas, there is located within this sub-school district, the Vir-
ginia normal and industrial institute, devoted to the training of colored
children and teachers, which has an enrollment of over one thousand
students, and the said school has continued to grow in territory from
thirteen to one hundred and three acres, and has acquired some of the
most valuable building lots and improved property from said district,
so that its plant is now worth around four hundred thousand dollars;
and, further, its being a colored institution has prohibited the normal
growth of the village of Ettrick, so that in nineteen hundred and twenty-
three the taxable values had been reduced to three hundred and one
thousand, six hundred and sixty dollars, and have been further reduced
by the purchase for the said institution of fifty additional acres in the
said sub-school district; and,
Whereas, the loyal citizens of said district have recently raised eight
thousand dollars towards the erection of a twenty-four thousand dollar
school building, and the present taxable income even at the highest
rate allowable by law for school purposes is insufficient to meet the
expense of operating the school and paying off the indebtedness of six-
teen thousand dollars due the literary fund, borrowed for the purpose
of the erection of the said school building, because of the loss of taxes
on the property owned by the State within the said district known as
the said Virginia Normal and Industrial Institute, now non-taxable, from
which the said sub-school district formerly derived a large amount of its
taxes for the support of its public schools; now, therefore,

1. Be it enacted by the general assembly of Virginia, That the
school board of Ettrick sub-school district, or the county school board
of Chesterfield county, be, and it is hereby, authorized to postpone to
January first, nineteen hundred and twenty-six, the payment of the
sum of sixteen thousand dollars and accrued and accruing interest due
by the said sub-school district to the literary fund of the Common-
wealth. :