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 | 1895/1896 |
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Law Number | 213 |
Subjects |
Law Body
Chap. 213.—An ACT to amend and re-enact section 6 of the charter of the city
of Williamsburg and to authorize the common council to issue bonds for the
sum of thirty-five hundred dollars for the purpose of erecting and furnish-
ing a school building for white children of said city.
Approved February 1, 1896.
1. Be it enacted by the general assembly of Virginia, That sec-
tion six of the charter of the city of Williamsburg be amended and
re-enacted so as to read as follows:
§ 6. The powers and authority of said council shall be such as are
mentioned and prescribed by section ten hundred and thirty-eight
of the code of Virginia, eighteen hundred and eighty-seven, except
that the said council may levy, in addition to the capitation tax and
the rate of tax now levied for school and corporation purposes (being
seventy cents on the one hundred dollars value of real and personal
property within the corporate limits), a further tax of thirty cents on
the one hundred dollars value of real and personal property within
the corporate limits for school purposes only, said further tax of
thirty cents to be levied for a period not exceeding five years.
2. Be it further enacted, That the council of the city of Williams-
burg be, and they are hereby, authorized and empowered to issue
non-taxable bonds in the name of the city of Williamsburg for a
sum or sums not exceeding in the aggregate three thousand five
hundred dollars, and to sell or negotiate the same in such manner,
and at such time or times as they may deem best—the proceeds
thereof to be used to procure a site, if necessary, and to erect and
furnish a public free school building for the white children of said
city; but the said bonds shall not be sold or negotiated for less
than their face value.
3. The bonds issued in pursuance of this act shall be coupon bonds
issued in denominations of one hundred dollars each, payable in not
less than one and not more than five years from their respective days
of date, and bearing interest payable annually until maturity, at a
rate not exceeding six percentum per annum. They shall be in
such form as the council may prescribe, shall be signed by the mayor
of said city, be attested be the clerk of said council, and shall have
the seal of said corporation affixed thereto.
4. That said council and their successors in office shall set apart
each year, after paying the interest on the bonds authorized under
this act, the balance of the additional tax authorized by this act as
a sinking fund for the redemption of the principal of said bonds
until the whole are retired. After paying all of the interest and
principal of said bonds should there remain any surplus from the
further tax of thirty cents authorized by this act, then such surplus
shall be turned into the general school fund of said city.
5. All moneys realized from the sale or negotiation of said bonds
shall be received by the treasurer of the county of James City and
the city of Williamsburg, and as such treasurer of the city of Wil-
liamsburg, he and his sureties shall be liable on his official bond for
all moneys so received. The moneys so received to be subject to the
order of the school board of said city and to be disbursed by said
school board solely to procure a site, if necessary, and to erect and
furnish a public free school building for the white children of said
city.
6. The coupons of said bonds issued in pursuance of this act shall
be receivable at the office of the treasurer of the city of Williams-
burg for all taxes, dues and levies due said corporation, and said
treasurer shall produce the coupons so received as vouchers at his
annual settlements with said council.
7. On the dates the bonds issued in pursuance of this act shall
mature and fall due, the said council, at a meeting, at which the
treasurer shall be present, shall cali in and order said bonds to be
paid by said treasurer, and on redemption they shall be cancelled
by said council, and a record of the bonds so redeemed and cancelled
shall be entered in the minutes of said meeting.
8. Beit further enacted, That no public free school building shall
be erected on any of the public greens of said city.
9. All acts or parts of acts in conflict with this act are hereby
repealed.
10. This act shall be in force from the first day of July, eighteen
hundred and ninety-six.