Chap. 726.—An ACT to authorize the school board of Lipps district, in Wise
county, to issue bonds to the amount of $4,000 to erect and equip school
building at Coeburn, in Wise county.

Approved March 3, 1900.

1. Be it enacted by the general assembly of Virginia, That the
school board of Lipps district, of Wise county, be, and they are hereby.
authorized to issue bonds to the amount of four thousand ($4,000.00)
dollars to run not exceeding five years and bearing interest not exceeding
six per centum per annum, for the purpose of erecting and equipping
a good, substantial, and suitable free school building at Coeburn, Wise
county, Virginia, to be used for free school purposes and for the educa-
tion of white children of said district of the proper age. But the au-
thority hereby conferred upon said school board shall not be exercised
until there is donated suitable grounds therefor, and two hundred and
fifty dollars ($250.00) given voluntarily by the citizens of Coeburn, or
by those particularly interested, to said building fund.

The board of supervisors of Wise county, Virginia, are authorized
to levy a tax on the assessable property in said district to provide for
the payment of the said sum with interest as aforesaid until paid, and
shall so provide that same is fully paid within the said five years.

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