Chap. 297.—An ACT to authorize and empower the board of supervisors of Sussex
county to issue bonds.

Approved February 10, 1898.

1. Be it enacted by the general assembly of Virginia, That the board
of supervisors of Sussex county be, and it is hereby, authorized and em-
powered to issue bonds, coupon or registered, as it may seem best, to
the amount of eighty thousand dollars, bearing a rate of interest not
exceeding five per centum per annum, the proceeds arising from the sale
of said bonds to be used for the sole purpose of retiring the bonds here-
tofore issued by resolution of the said board of supervisors, passed the
nineteenth day of December, eighteen hundred and eighty-four, under
an act approved the twenty-first day of April, eighteen hundred and
eighty-two, allowing the said county of Sussex to subscribe to the stock
of the Atlanticand Danville narrow-gauge railroad, which said bonds are
dated the nineteenth day of December, eighteen hundred and eighty-four,
and are payable at the office of the county treasurer, or at the Bank of
Commerce, of Norfolk, Virginia, on the first day of January, nineteen
hundred and nine, the county of Sussex reserving the privilege of
redeeming said bonds after four years from date, by giving six months’
notice by advertisement in one or more newspapers published in Norfolk,
Petersburg or Richmond, Virginia.

2. The board of supervisors of Sussex county are further empowered
to make the bonds, authorized under this act, payable at such time as it
may deem best, reserving to the county of Sussex the option of redeem-
ing said bonds at any time, after not less than five nor more than ten
years from the date of their issue. Said bonds being exempt from
county taxation.

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