CHAP. 331.—An ACT to authorize the beard of supervisors of
Clarke county to borrow money to build a jail for said county.

Approved February 20, 1892.

1. Be it enacted by the general assembly of Virginia,
That the board of supervisors of Clarke county, Virginia,
be, and it is hereby, authorized and empowered to bor-
row, upon the faith and credit of said county, a sum of
money not exceeding ten thousand dollars, to be used in
building a county jail in said county; and, if said board
should deem it necessary, to issue bonds upon the faith
and credit of said county for the amount so borrowed not to
exceed ten thousand dollars, said board is hereby fully em-
powered and authorized so to do. Said bonds, if issued,
to bear interest at a rate not exceeding six per centum per
annum, payable annually or semi-annually, and to be in
such series and of such denominations and payable at
such times and in such manner as said board may see fit,
and upon such conditions as may be agreed upon by said
board and parties with whom it negotiates, or as said
board may see proper to impose. The board of supervis-
ors of said county of Clarke shall embrace in its annual
levy a sum sufficient to pay the annual interest on the
amount so borrowed, and shall also provide by levy from
year to year a sinking fund of not exceeding ten per
centum on every one hundred dollars of taxable property
within the said county, which sinking fund shall not be
held and applied to the payment of the principal of the
debt so borrowed by said board.

2. This act shall be in force from its passage.