Chap. 374.—An ACT authorizing and empowering the councils of the
city of Norfolk to issue bonds for the purpose of erecting aJcity
market-house.
Approved March 2, 1888.
1. Be it enacted by the general assembly of Virginia,{ That
it shall be lawful for the councils of Norfolk city, and they
are hereby authorized and empowered to issue bonds not ex-
ceeding the amount of seventy-five thousand dollars, to be
known as Norfolk city market bonds, for the purpose of pur-
chasing a site and building thereon a market-house. Said
bonds shall not be sold at less than par, and market rents
sufficient annually to pay the interest on said bonds shall be
devoted thereto. Interest upon said bonds shall not exceed
five per centum per annum: provided, that nothing herein
contained shall be construed as compelling the councils to
issue bonds, but that it may use its discretion.
2. This act shall be in force from its passage.