Chap. 161.—An ACT to authorize Fairfield school district, in the county of
Henrico, to issue bonds for the payment of a building for a graded school.

Approved January 27, 1896.

Whereas it has become necessary for the Fairfield school district,
in the county of Henrico, to erect a schoolhouse suitable to a large
graded school; and

Whereas some doubt has arisen as to whether the present board of

school trustees have a right to issue bonds or notes for such purpose
beyond one year from the time such bonds are issued; and

Whereas it is to the advantage and benefit of such school district
to issue notes or bonds for a longer period: therefore,

1. Be it enacted by the general assembly of Virginia, That Fair-
field school district of Henrico county be, and the same is hereby,
authorized to issue bonds or notes aggregating a sum not exceeding
eight thousand two hundred and fifty-nine dollars, negotiable and
payable out of the school funds of said district, in installments at
one, two, three, four, five and six years after date, to provide funds
to pay for a building erected for the purposes of a graded school in
said district.
2. This act shall be in force from its passage.