CHAP. 10.—An ACT authorizing the city of Norfolk to issue its
bonds for the purpose of retiring and refunding certain bonds now
outstanding,
Approved March 28, 1879.
1. Be it enacted by the general assembly, That the city of
Norfolk be authorized to issue its bonds to the amount of three
hundred thousand dollars, to bear interest at the rate of not
more than six per centurh per annum, and to run not more than
thirty years, and that the money received from the sale of said
bonds shali not be used for any other purpose than for retiring
or refunding certain bonds of said city to the amount of three
hundred thousand dollars, issued by virtue of an ordinance
passed by the common council on the fifth day of August,
eighteen hundred and seventy, and by the select council on the
fifteenth day of August, eighteen hundred and seventy, bearing
interest at the rate of eight per centum per annum, and redeem-
able after ten years from the date thereof.
2. This act shall be in force from and after its passage.