Chap. 46.—An ACT authorizing Fairfield ‘school district to issue bonds for the
purchase of property to be used for school purposes.

Approved January 26, 1903.

Whereas, it has become necessary for the Fairfield school district, in
the county of Henrico, to purchase from the Howard’s Grove Baptist
church, in said county, a certain lot and the buildings thereon, and to
use said property for school purposes; and,

Whereas, the said school district has purchased the said property; and,

Whereas, some doubt has arisen as to whether the present board of
trustees have a right to issue bonds or notes for such purpose beyond one
year from the time such bonds are issucd ; and,

Whereas, it is to the advantage and benefit of such school district to
issue a bond for a longer period; therefore,
1. Be it enacted by the gencral assembly of Virginia, That Fairfield
school district, of Henrico county, be, and the same is hereby, authorized
to issue a bond or note for not exceeding one thousand dollars, negotiable
and pavable out of the school funds of said district three years after date,
to provide funds to purchase the before-mentioned real estate for the pur-
pose of using the same for a graded school.

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