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 | 1926 |
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Law Number | 180 |
Subjects |
Law Body
Chap. 180.—An ACT authorizing the board of supervisors of the county of
Greene to borrow money, not in excess of $25,000.00, and to issue its bonds
therefor, for the purpose of repairing the present courthouse or building a
new one for the said county; and requiring the said board annually to levy
a poll on other tax to pay the interest thereon, and to create a sinking fund
to redeem the principal thereof at maturity. [S B 189]
Approved March 18, 1926.
1. Be it enacted by the general assembly of Virginia, That the
board of supervisors of Greene county is hereby authorized to borrow
a sum of money not exceeding twenty-five thousand dollars, and to
issue its bonds therefor, the said bonds to be issued in such denomi-
nations and to be payable at such time or times, not exceeding thirty
years from the date thereof, as the said board may prescribe.
2. The bonds issued by the said board in pursuance of this act
shall be signed by the chairman and countersigned by the clerk thereof,
and shall bear interest at not exceeding six per centum per annum and
shall not be sold for less than par. The proceeds shall be used for the
purpose of repairing the present court house or building a new one
for the said county, in the discretion of the said board.
3. After the issuance of the bonds provided for in this act, the
board of supervisors of Greene county shall annually levy a special
tax on all property in the said county subject to local taxation, sufh-
cient to pay the interest on the said bonds, and to create a sinking
fund to redeem the principal thereof at maturity; provided, however,
that the board of supervisors may, in order to reduce the rate of
such annual special property tax, levy a capitation tax of not ex-
ceeding one dollar per annum on every male and female resident of
the said county not less than twenty-one years of age, except those
pensioned by this State for military services, and devote the revenue
derived from such capitation tax to the interest and sinking fund re-
quirements of this act.
4. An emergency existing, this act shall be in force from its pas-
sage.