Chap. 9.—An ACT Authorizing the Town of Fredericksburg to issue
Bonds to Redeem her Ante-war Debt.
Approved January 3, 1876.
1. Be it enacted by the general assembly of Virginia, That
the mayor and common council of the corporation of Fred-
ericksburg shall be and .they are hereby clothed with the
power to issue bonds of said corporation, to an amount not
greater than one hundred and twenty thousand dollars, bear-
ing interest not exceeding seven per centum per annum, and
payable at such period or periods as the said council may
elect. The said council shall use the bonds so issued, for the
purpose of retiring and discharging the old ante-war bonds
of said corporation and interest accruéd thereon.
2. That the said mayor and common council shall have
authority to levy a special tax to pay the semi-annual inte-
rest upon the new bonds issued under this act, and to pro-
vide a sinking fund for their payment at maturity, said bonds
to be registered or coupon bonds, convertible as said council
may elect.
3. This act shall be in force from and after its passage.