An Act to amend and reenact § 46.1-299, as amended, of the Code of Virginia, relating to devices signalling intention to turn or stop and rules therefor.
Volume 1968 Law 99
Volume | 1877/1878 |
---|---|
Law Number | 272 |
Subjects |
Law Body
Chap. 272.—An ACT to authorize the board of supervisors of New
Kent county to borrow money to rebuild the jail.
' Approved March 14, 1878.
1. Be it enacted by the general assembly, That it shall be
lawful for the board of supervisors of New Kent county to
borrow money, to an amount not exceeding two thousand
dollars, at such terms and at such rates of interest, not
exceeding six per centum per annum, as said board may
deem most expedient, for the purpose of rebuilding the jail
of said county.
2. That to effect the loan in the first section provided for,
and for the safo keeping and disbursing the money so bor.
rowed, to the uses and purposes herein provided for, it shall
be lawful for the said board of supervisors to make an order
at any adjourned or special called meeting of said board,
authorizing and requiring the county treasurer of said county
to borrow said sum or sums so needed for the purposes afore-
said, at such several times as may be needed, and execute to
the lender or lenders of said money a bond or bonds, binding
the said county of New Kent to the payment thereof, on
such time or times as may be agreed on; which bond or
bonds, signed by the treasurer for and on behalf of the
county, shall bind thé county therefor; and it shall be the
duty of the said treasurer to borrow and receive said sum or
sums of money as ordered to do by the said board, and hold
and disburse the same on his official responsibility therefor,
as hereinafter provided. :
3. It shall be lawful for the said board of supervisors of
said county to provide by a general order, entered on their
records, how and on what authority the treasurer shall pay
out said money; and in case of the failure of the said trea-
surer to pay out said money pursuant to said order, it shall
and may be lawful for said board of supervisors to recover
judgment therefor against said treasuree and his securities
in the circuit court of said county, on motion; ten days’
previous notice of which shall be sufficient.
4, Before the treasurer shall receive any money, or dis-
charge any of ihe duties prescribed ia this act, he shall give
bond before the county court, with sufficient security, in
penalty double the amount directed to be borrowed by the
said board, conditioned for the faithful application of the
said money; and if he sha!l fail to give such bond within
sixty days after he shall be notified of the order of the said
board, then it shall be Jawful for the said court to appoint a
special commissioner to execute the said order of the said
board, who shall give a bond in like manner as required of
the treasurer.
5. The bonds provided for in this act shall be made due
and payable at and after ten years from date; and it shall be
the duty of the board of supervisors, annually, to make a
levy sufficient to pay the interest on the said bonds, which
said interest shall be due and payable annually; and the said
board shall annually make an additional levy sufficient to
pay ten per centum of the principal, which shall be put at
interest in order to provide a sipking fund looking to the
final extinction of the said debt at maturity; and as soon as
the said jail shall have been completed, it shall be the duty
of the said board to insure the said building at two-thirds of
its value; and the said board shall forthwith proceed to
insure, in like manner, all the public buildings of said county,
the courthouse, clerk’s office, treasurer’s office, and poor-
house buildings, and keep the said public buildings insured.
6. For any violation of any of the provisions of this act.
the supervisors of said county shall be held responsible or:
their official bonds,
7. This act shall be in force from its passage.