Chap. 138.—An ACT to amend section seventeen of the charter of the city of
Portsmouth.

Approved January 27, 1898.

1. Beit enacted by the general assembly of Virginia, That section
seventeen of the charter of the city of Portsmouth, as provided by an
act of the general assembly, approved March sixth, eighteen hundred
and eighty-two, be amended and re-enacted so as to read as follows:

§ 17. The council shall have, subject to the provisions herein contain-
ed, the control and management of the fiscal and municipal affairs of
the city, and all property, real and personal, belonging exclusively
to said city, as now provided by law, and may make such ordinances,
orders and by-laws relating to the same as it shall deem proper and
necessary; but it shall hereafter grant no franchise for a period of more
than twe nty- five vears, nor shi lit subscribe to the capital stuck of any
corporation. It shall make no temporary loan or loans, in any fiscal
vear, In excess of the city tax levy for that vear, nor shall it make any
temporary loan upon the revenue of any current or succeeding vear
until all temporary loans upon the revenue of any preceding year shall
have been fully paid; it shall rent, sell, lease or otherwise dispose of
no property or franchise of the city w ithout advertising the same for at
least ten days in one or more newspapers published in said city or in
the city of Norfolk. It shall likewise have the power to make such
ordinances, by-laws, orders and regulations as it may deem desirable to
carry out the followi ing powers, which are he ‘reby vested in it.
2. This act shall be in force from its passage,