CHAPTER 129

AN ACT to amend and reenact § 12 as amended of Chapter 486 of the
Acts of Assembly of 1891-92 approved February 29, 1892, incorpora-
ting the Town of Glasgow, the section concerning the powers of the
Council in relation to the levy and collection of taxes. rit 248)

Approved February 24, 1956
Be it enacted by the General Assembly of Virginia:

1. That § 12, as amended, of Chapter 486 of the Acts of Assembly of
peal 2, approved February 29, 1892, be amended and reenacted as
ollows:

§ 12. The Council of the Town of Glasgow shall have such powers
as are conferred by general law upon the governing bodies of cities and
towns * for the levy and collection of taxes for * the purpose of defraying
the operating expenses and other lawful expenditures of such munict-
palities. Provided, however, in no event shall the rate of taxation or levy
upon real, personal, or public service corporation property situate within
the Town of Glasgow exceed the rate of one dollar and fifty cents * upon
each one hundred dollars’ assessed valuation of such property.

2. An emergency exists and this act is in force from its passage.