Chap. 463.—An ACT to authorize and empower the board of supervisors of
Pulaski county to borrow the sum of $2,500 to be expended in opening and
constructing a public road, to execute the bonds of the county therefor,
and levy a tax to pay the same. ,

Approved February 20, 1900.

1. Be it enacted’ by the general assembly of Virginia, That the said
board of supervisors of Pulaski county be, and they are hereby, au-
thorized and empowered to borrow the sum of two thousand five hun-
dred dollars, and execute the bonds of the county therefor, and it shall
expend the same in opening and constructing a public road from New-
berne to Pulaski City in said county, and the payment of damages
assessed to landholders on said road. The bonds so executed shall be
signed by the chairman of the board and countersigned by the clerk.
They shall be issued in denominations of one hundred dollars, and
multiples thereof, shall be negotiable and payable to bearer or order,
one-third of each loan and its interest in one year, one-third and its
interest in two years, and the remaining one-third and interest in three
years from the date of the bond; and said bonds shall not be negotiated or
sold by said board for less than face value.

2. It shall be the duty of said board in laying the said levy in the
year nineteen hundred, to add to the road levy for Newberne district,
enough to pay one-third of one thousand dollars and its interest for
one year, and to the road levy for Pulaski district to pay one-third of
one thousand five hundred dollars in that year and its interest; and
it shall make like levies for the years nineteen hundred and one and
nineteen hundred and two, to pay the residue of said funds, and the
interest for two and three years, respectively; and the sums so levied
shall, when collected, constitute a fund to pay off said bonds, and shall
be used for that and no other purpose by the said board. ,

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