Chap. 88.—An ACT providing for the issue of two hundred thousand
dollars of bonds of the city of Petersburg, for the purpose of retiring
the bonds of said city to fall due in August, 1875, and to pay for lay-
ing water pipe and introducing water into the fifth ward of said city.
Approved February 5, 1876.
1. Be it enacted by the general assembly of Virginia,
That the common council of the city of Petersburg shall be
and they are hereby clothed with the power to issue bonds
of said city to an amount not greater than two hundred
thousand dollars, bearing interest not exceeding eight per
centum per annum, and payable at such period or periods as
the said council may elect. The said council shall “use the
bonds so issued for the purpose of retiring and discharging
such bonds of said city as fall due in August, eighteen hun-
ired and seventy-five; and twenty thousand dollars of said
20nds to be appropriated und set apart for paying the cost
of laying water pipe and introducing water into the fifth
ward of said city.
2. This act shall be in force from and after its passage.