Chap. 471.—An ACT to authorize the board of supervisors of Giles county to
issue bonds for the purpose of building a bridge or bridges in said county.

Approved February 24, 1896.

1. Be it enacted by the general assembly of Virginia, That it shall
be lawful for the board of supervisors of the county of Giles, by
order entered of record, to submit to the qualified voters of said
county whether or not the bonds of said county shall be issued for
the purpose of raising funds to be applied to the building of a bridge
or bridges across one or any of the water courses in the said county
of Giles.

2. Such vote shall be taken after at least thirty days’ notice at
any general or special election held in said county. The ballots
used at such election shall be “ For bridge bonds” and “ Against
bridge bonds,” and such election shall be held and certified in the
mode prescribed by law for holding and certifying elections under
the laws of this state, except that the election returns shall be made
to the board of supervisors, who shall canvass the returns and ascer-
tain the result, and spread the same upon the records of the board.

3. Said board in submitting said question shall state in its order
the aggregate amount of fifty thousand dollars, for which the bonds
of the county are proposed to be issued, which shall also be stated
in the notice for such election.

4. If a majority of the qualified voters of said county voting on
the question shall be in favor of the issuance of said bonds, then it
shall be the duty of said board of supervisors to issue the bonds of
said county of Giles tosuch amounts and at such times as the neces-
sities may require, and in such denominations and payable at such
times and at such place in Giles county as said board shall! deter-
mine, said bonds to bear interest at a rate not exceeding five per
centum, and may be for any aggregate amount, not exceeding, how-
ever, the aggregate amount stated in the order submitting said ques-
tion to a vote as aforesaid.

5. Said bonds shall be signed by the chairman of the board of
supervisors and countersigned by the clerk of the board, with the
seal of the board attached. The said board shall sell such bonds at
not less than par, and shall have power to appoint an agent or agents
therefor and provide for his compensation, but the bonds when
issued shall be placed in some depository to be chosen by the said
board of supervisors, and shall only be delivered to the purchaser
upon receipt, by such depository, of the purchase money therefor.

6. The proceeds arising from the sale of said bonds shall be ap-
plied to the building of a bridge or bridges in said county in such
manner as said board of supervisors, the judge of the county court,
the attorney for the commonwealth, and the board of road commis-
sioners, who together shall constitute a committee for the purpose,
shall direct: provided that not less than six of the aforesaid com-
mittee shall constitute a quorum, and a majority of all the votes of
said committee shall be necessary in deciding any issue which may
arise under the provisions aforesaid. The board shall have power,
and it shall be the duty of said board, to take bonds with ap-
proved security and in sufficient penalties from all persons ‘and
agents intrusted with said funds, to the end that said funds shall
be at all times amply protected; and the said board shall annually,
at its July meeting, cause a full statement of the funds arising
under this act for the preceding year to be spread upon the records
of the board.

7. The said board of supervisors shall annually levy on the real
and personal property in said county an amount sufficient to pay
the interest on said bonds and to provide a sinking fund sufficient
to extinguish such bonds at their maturity, which levy shall be col-
lected by the county treasurer as other county levies are collected.
and the said treasurer shall account therefor in such manner as the
said board shall direct.

8. Said county treasurer before collecting said levies shall execute
before said board of supervisors a bond, with approved security, in
a penalty double the amount which will go into his hands under
this act, and conditional to faithfully perform his duties under this
act; provided that the statement in writing of said treasurer an
his securities on his official bond as treasurer, agreeing that the sai
official bond shall cover the liability of said treasurer under thi
act, may be accepted by said board in lieu of a bond, and thereafte
sach official bond of such treasurer shall be held conclusively t
cover all funds mentioned in this act.

9. The bonds herein authorized to be issued shall in the discre
tion of the board of supervisors be exempt from county levies.

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