Chap. 226.—An ACT to authorize and empower the board of supervisors of the
county of Carroll to borrow the sum of seventy-five thousand ($75,000.00)
dollars, and to issue bonds therefor for the surveying, repairing, construct-
ing, improving, and hard-surfacing certain roads, and repairing and building
bridges thereon, in Pine Creek magisterial district, of the county of Carroll;
to provide for the expenditure of the funds raised by such bond issue, to
authorize and empower the employment of a competent engineer, whose
selection must be approved by the State highway commission, to specity ‘he
roads and parts thereof to be surveyed, repaired, improved, constructed, to
provide for the imposing of a tax on all property, county and district, meltud-
ing property in any incorporated town within or partly within the above
named district, for the purpose of paying the interest and principal of such
debt, to do all things necessary, needful or incidental to the main purpose
of this act, and to declare an emergency. [H B 254]

Approved March 16, 1928

1. Be it enacted by the general assembly of Virginia, That the
board of supervisors of the county of Carroll, be and it is hereby
authorized and empowered to issue bonds in the name of the
county of Carroll, for the purpose of surveying, repairing, improv-
ing, constructing, and hard-surfacing certain roads, and repairing
and building bridges thereon, in Pine Creek magisterial district,
as hereinafter set forth, to-wit: The sum of seventy-five thousand
($75,000.00) dollars, for Pine Creek magisterial district, in the
county of Carroll, and to employ a competent engineer, approved
by the State highway commission.

2. The said board of supervisors are empowered and authorized
after issuing said bonds, when the next levy is made for county
and district taxes to levy a tax on all property liable to county and
district taxes in Pine Creek magisterial district, in the county of
Carroll, in which the proceeds of the said bonds have been, or to
be expended on all property subject to. county and district taxes
including such property within any incorporated town or a portion
of such town that lies within such district, to pay the interest on
the bonds so issued, and to create a sinking fund for the redemp-
tion and retirement of the principal of said bonds as they may
mature, and become payable.

3. When said bonds are issued, they shall be delivered to the
treasurer of the county of Carroll, who shall make sale of said
bonds, and when sold he shall deliver said bonds to the purchaser or
purchasers, and said bonds shall be sold and marketed as now
provided by general law for the sale and marketing of county road
bonds.

The said board of supervisors of the county of Carroll under this
act, are not required to issue said bonds herein authorized, but shall
be lett to their discretion and judgment, but if said board of super-
visors do, in their discretion, issue the bonds authorized herein,
they shall issue them in series of “A”, “B”, and “C”, and each
series shall be in the sum of twenty-five thousand ($25,000.00)
dollars. Series “A” shall be the first series, and said bonds issued
under series “A” shall be issued in denominations of not less than
one hundred ($100.00) dollars, nor more than five hundred
($500.00) dollars each, and shall become due and payable in ten
years, and that the sum of two thousand five hundred ($2,500.00)
dollars shall become due and payable each and every year until
the twenty-five thousand dollars is fully paid and the interest on
the said bonds shall be paid semi-annually, and said bonds shall not
bear a greater rate of interest than six per centum per annum.

That the said board of supervisors, after having issued series
“A”, they may in their discretion issue series “B” for the same
amount, to-wit: Twenty-five thousand ($25,000.00) dollars, and
shall issue in the same denominations of not less than one hundred
($100.00) dollars nor more than five hundred ($500.00) dollars,
and shall become due and payable in the sum of two thousand five
hundred ($2,500.00) dollars each year, commencing on the first
year after the payment of the last amount due on series “A”, and
to be paid in twenty years from the first bonds issued under series
‘‘A”’, and said bonds shall not bear a higher rate of interest than six
per centum per annum, and the interest shall be paid semi-annually
on the said bonds.

That after the board of supervisors have issued series “A” and
“B”, and the roads hereinafter specified have not been completed,
then they are authorized to issue the third series “C” in the sum of
twenty-five thousand ($25,000.00) dollars, which shall likewise be
issued in denominations of not less than one hundred ($100.00)
dollars nor more than five hundred ($500.00) dollars, which said
bonds so issued under series “C” shall become due and payable at
the rate of two thousand five hundred ($2,500.00) dollars annually
commencing the year following the last payment of series “B”, and
not to extend over a period thirty years from the date of the first
issuance of bond under series “A”, and shall not bear a higher
rate of interest than six per centum per annum, and the interest
thereon shall be paid semi-annually.

The board of supervisors of the county of Carroll may, in
their discretion, issue the whole amount of said bonds at one time,
but shall be issued in series as herein set forth and extend over a
period of thirty years, and that the sum of two thousand five hun-
dred ($2,500.00) dollars shall become due and payable each and
every year, and the interest thereon shall be paid semi-annually,
and not to bear a higher rate of interest than six per centum per
annum, and that none of the bonds herein authorized to be issued
shall be sold for less than par value.

The said bonds when issued shall be signed by the chairman of
the said board of supervisors of the county of Carroll, and counter-
signed by the clerk of said board, and seal of the said board af-
fixed thereto, and shall be issued in serial numbers.

4. All monev derived from the sale of said bonds under the
provisions of this act, shall be received by the treasurer of the
county of Carroll, and he shall keep the money separate and apart
from any other money that may come into his hands as such
treasurer, and for his services required of him under this act, he
shall be paid the same as he is now paid under the general law for
the collection and disbursement of other taxes.

5. The said board of supervisors of the county of Carroll may,
at the next regular meeting after the passage of this act, or as soon
thereafter as they may deem proper, pass a resolution authorizing
the issuance of said bonds, or the first series thereof, as they may
deem proper and necessary, stating the purpose for which said
bonds are issued, and when said bonds are to be issued, and made
payable to bearer, and shall be negotiable, and state when each
bond shall be due and payable, and shall be made payable at the
office of the treasurer of the county of Carroll, and said board ot
supervisors shall cause to be printed on each bond the name of
the magisterial district for which it is issued, but that the full faith
and credit of the entire county of Carroll shall be pledged to the
payment of said bonds, and the interest on the same, and that the
said bonds are issued in pursuance of a resolution of the board of
supervisors of the county of Carroll, and in pursuance of authority
and power vested in the said board of supervisors of the county of
Carroll, to issue and market said bonds as the law requires and in
pursuance of this act.

6. The supervisors of said Pine Creek magisterial district of
said county of Carroll, in conjunction and under the supervision of
the road engineer, mentioned in this act, is hereby authorized and
empowered to immediately upon the issuance and sale of said
bonds, or a series thereof, to expend the same upon the roads specih-
cally hereinafter mentioned and described in said Pine Creek mag-
istrial district, and shall keep an itemized account of all work done.
and all money expended in the surveying, repairing, improving.
constructing and hard-surfacing said roads, and repairing and
building bridges thereon, in his magisterial district.

7. The supervisor of Pine Creek magisterial district shall make
an itemized account of all work done, by him or under his super-
vision, charge or direction, showing the teams, tools, implements.
and machinery used, and the number and name of laborers em-
ployed, dates on which the work or labor done, and the number
of hours worked by each laborer, and the rate of pay per hour, and
shall then issue a warrant upon the treasurer of the county of
Carroll, and give the same to the person performing the labor, and
the treasurer shall pay the same out of the funds arising from the

sale of the said bonds of Pine Creek magisterial district, in which

the work and labor has been performed. And said supervisor shall
at the next meeting of the board of supervisors of the county of
Carroll submit his itemized account as herein directed to be kept
by him, which shall be passed upon by the said board, and if tound
to be correct, shall order it to be recorded by the clerk of said
board, which shall correspond with the books of the treasurer ot
said county.

8. The said board of supervisors shall cause to be kept by the
clerk of the said board, a book in which an itemized account ot
all work done, and all money expended on the roads and bridges
mentioned in this act and publish in the manner provided by law for
publication of other county expenditures. The clerk of said board
shall keep and record said account as herein directed in the current
county road order book, and that the said treasurer of said county
is also required to keep a separate book showing all collections
and receipts of all funds and disbursements with their dates and

to whom paid.

9. The said supervisor of said Pine Creek magisterial district,
In conjunction with the road engineer mentioned in this act, if said
honds or a series thereof be issued as authorized in this act, shall
construct, survey, repair, improve and hard-surface, and repair
and build bridges thereon, certain roads in Pine Creek magisterial
district, and no other, out of the funds derived from the sale of
said bonds, and shall expend the same on the roads herein men-
tioned, or either of them as the supervisor may see fit and proper,
and if there is a surplus after the completion of said roads, or either
of them, then said surplus shall be kept as a fund for the mainte-
nance of said roads or either of them, as said supervisor may think

proper.
10. The two roads herein designated shall be the roads known
and commonly called the “Greenbriar” road, running from the
Pulaski county line to Sylvatus, a distance of approximately two
and one-half miles; thence running from Sylvatus, and follow the
survey cesignated by the State and recently been graded to inter-
sect with the Floyd pike at or near the late residence of A. T.
Kinzer, deceased, and the other road as the “Double Cabin” road
intersecting the Greenbriar road at the place known as Double
Cabin, then running by way of J. M. Jennings to Steel bridge
across Big Reed island creek and intersecting the Floyd pike road
it or near the T. L. Cox store. The supervisor of said Pine Creck
nagisterial district 1s given the right to select the first road to
e completed as herein specified, either or both.
11. The supervisor of said Pine Creek magisterial district shall
2 allowed the sum of five ($5.00) dollars per day while he is
tually engaged in having the work done in his district on the
ads and bridges as herein designated and specified, by this act.
(a). This act shall not be construed as mandatory upon the
d board of supervisors in requiring them to issue the bonds here-
mentioned, but is left to their judgment and discretion, but if
! bonds are issued as herein authorized, then this act shall be
strued as mandatory as to the expenditures of the money de-
d from the sale of said bonds.
2. The said supervisor of Pine Creek magisterial is au-
izcd and empowered to requisition any machinery belonging to
-ounty of Carroll, or any district in said county not being used,
remove the same into Pine Creek magisterial district in order
rry out the provisions of this act in surveying, repairing, 1m-
ng, constructing, and hard-surfacing and repairing and build-
ridges on said roads designated in this act, but that said super-
visor shall maintain and keep in repair such machinery belonging to
other districts than his own, and when returned to said districts
it shall be in as good repair as it was when received by said super-
visor in Pine Creek magisterial district, and if said machinery 1s
out of repair at the time it is received, the same shall be piaced in
repair by the district in which it belongs and employ a competent
engineer, approved by the State highway commission.

13. The purchaser or purchasers of the said bonds authorized
herein to be issued by the board of supervisors of the said county
of Carroll, for Pine Creek magisterial district, shall in no event be
required to see to the application of the purchase money of said
bonds.

14. This act shall be construed to the end that its purposes may
be fully carried out.

15. In view of the fact that the roads mentioned and described,
laid out and designated in this act, in Pine Creek magisterial dis-
trict, are badly in need of repair and improvement, an emergency
is declared to exist and this act shall be in force from its passage.