Chap. 512.—An ACT to anthorize the school board of the Evansham school dis-
trict of the county of Wythe to borrow money and to secure payment of it by
deed of trust upon its real estate.
Approved February 26, 1898.
1. Be it enacted by the general assembly of Virginia, That the school
board of the Evansham school district for the county of Wythe, be au-
thorized to issue bonds to an amount not exceeding three thousand dol-
lars, to run not exceeding twenty years and bearing interest not exceeding
six per centum per annum, for the purpose of erecting a suitable school
building, to be used for school purposes in said district, and to execute
a deed of trust or deeds of trust upon the real estate of the said school
district to secure the payment of said bonds.
The said board is also authorized to provide for the payment of the inter-
est due upon said bonds, and for a sinking fund, to be applied to the
liquidation of said bonds when they fall due, out of the funds due and
payable to the said district school board from all sources.
2. This act shall be in force from its passage.