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 | 1887es |
---|---|
Law Number | 375 |
Subjects |
Law Body
Chap. 375.—An ACT to authorize the county of Franklin to votea
subscription to the Roanvke and Southern railroad company, and
to issue bonds for the payment of the same.
Approved May 21, 187.
1. Beit enacted by the gencral assembly of Virginia, That
it shall be lawful for the county of Franklin to subscribe tor
and hold stock in the Roanoke and Southern railroad com-
pany whenever such subscription shall be authorized by
a vote of the people of that county as provided by the laws
of the State of Virginia, and to make payments of said sub-
scription so authorized, it shall be lawful for the bonds of
said county to be issued, and to secure the payment of the
principal and interest accruing on such bonds by a special
tax to be levied by said county sufficient to pay such accru-
ing interest, and to provide a sinking fund adequate to the
ultimate payment of said bonds at maturity.
2. The county court of said county may make an order
requiring the sheriff and commissioners of election at any
time not less than thirty days from the date of said order.
which shall be designated therein, to open a poll and take
the sense of the qualified voters on the question whether the
board of supervisers shall subscribe to the stock of said rail-
road company. Said order shall state the maximum amount
proposed to be subscribed, which shall not exceed the sum of
one hundred thousand dollars: provided that the bonds issued
by said county shall be received by said company at their
par value. Said order shall also state the conditions on which
said subscription sball be made and the bonds in payment
thereof issued.
3. Nothing in section sixty-two of chapter sixty-one of
the Code of eighteen hundred and seventy-three shall apply
to said elections, the said subscription, or the issue of said
bonds, except insofar as the same is re-enacted in this act.
In all other respects the general laws of the State relating to
county subscriptions to works of internal improvement shall
apply to the said election, the subscription thereunder, and
issue of bonds therefor.
4. This act shall be in force from its passage.