Chap. 155.-—-An ACT to amend and re-enact section 3 of chapter 8 of chapter
262 of the acts of 1889-90, entitled an act to incorporate the city of Danville,
approved February 17, 1890, as heretofore amended, said section 3 having
been added by a later amendment, and relating to the issuance and sale of
bonds by the city of Danville without a vote by the people [H B 210]

Approved March 26, 1930

1. Be it enacted by the general assembly of Virginia, That section
three of chapter eight of an act entitled an act to incorporate the city
of Danville, approved February seventeen, eighteen hundred and ninety,
as heretofore amended, be further amended and re-enacted so as to read
as follows:

Section 3. The council may, without submitting the question of
their issuance to the qualified voters of the city, issue bonds in any
amount or amounts for the purpose of refunding bonds of the city
heretofore issued and the council may also without submitting the ques-
tion of their issuance to the qualified voters of the city, in the name and
for the use and benefits of said city, issue, negotiate and sell bonds
in any amount or amounts not exceeding two hundred and fifty thou-
sand dollars in any one calendar year for any and all other purposes;
provided, however, that not more than one hundred thousand dollars
of bonds shall be issued in any one calendar year when the proceeds
for the sale thereof shall be used for any purposes other than that of
erecting, enlarging, extending or improving the revenue producing
utilities or properties of the city. The council may also in the name
and for the use and benefit of said city, without submitting the question
of their issuance to the qualified voters of the city, issue, negotiate and
sell bonds in any amount or amounts necessary to pay any sum or com-
pensation which the city may be required to pay by the order of any
court heretofore or hereafter made in annexation proceedings pursuant
to chapter one hundred and twenty of the Code, or to pay or fund or
refund any indebtedness or bonds or other obligations assumed by the
city in such annexation proceedings.

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