Chap. 427.—An ACT to authorize the school board of Jefferson township, in
Culpeper county, to borrow money.

Approved February 27, 1804.

1. Be it enacted by the general assembly of Virginia, That the
school board of Jefferson school and magisterial district of Culpeper
county be authorized to issue bonds to an amount not exceeding
twelve hundred dollars, to run not exceeding ten years, and bearing
interest not exceeding six per centum per annum, for the purpose of
erecting good, suitable, substantial buildings in Jeffersonton, to be
used for school purposes, in the education of the white children of
said district of school-going age (five to twenty-one years of age),
and of buying lots or condemning same on which to build same.

The board of supervisors of Culpeper county are authorized and
empowered to levy a tax not exceeding ten cents on the one hundred
dollars of assessable property of said district, as a special fund to be
appropriated annually to the payment of interest on the said bonds
and the extinguishment of the principal until the whole shall be
paid.

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