CHAP. 102.—An ACT to amend and re-enact section 45 of an Act en-
titled an Act to amend the Charter of the City of Lynchburg, ap-
proved March 6th, 1872.

Approved February 18, 1875.

1. Be it enacted by the general assembly, That section
forty-five of an act entitled an act to amend the charter of
the city of Lynchburg, approved March sixth, eighteen hun-
dred and seventy-two, be amended and re-enacted so as to
read as follows: ,

§ 45. There shall be set apart from the resources of the
city a sum equal to one per centum per annum on the aggre-
gate debt, not payable within one year, whether contracted
heretofore or hereafter; the fund thus set apart shall be
called the sinking fund, and shall be applied to the payment
of the debt of the city as it shall become due, and if no part
be due and payable, it shall be invested in the bonds or cer-
tificates of debt of the city, or of this state, or of the United
States, or of some state of this Union, or any bonds of any
incorporated city or town of the state of Virginia, as the
authorities of said city may deem safe and expedient.

2. This act shall be in force from its passage.

a