Chap. 234.—An ACT to authorize and empower the board of supervisors of Amherst
county to issue bonds for the purpuse of refunding the county debt.

Approved February 8, 1898.

1. Be it enacted by the general assembly of Virginia, That the board
of supervisors of Amherst county be, and it is hereby, authorized and
empowered to issue bonds, coupon or revistered, to an amount not ex-
cecding forty thousand five hundred dollars; said bonds to be issued in
denominations of five hundred dollars, and to run for thirty years bear-
ing interest at the rate of not exceeding five per centum per annum,
payable semi-annually; the proceeds arising from the sale of said bonds
to be used for the sole purpose of retiring:

First. Thirteen thousand five hundred dollars of bonds issued by

resolution of the said board passed on the cighth of November, eighteen
hundred and eighty-two, under an act approved January fourteenth,
elehteen hundred and eighty-two, authorizing the purchase of the free
bridge across James river at Lynchburg, which said bonds are dated
November fifteen, eighteen hundred and eighty-two and payable fifty
vears from date with interest at the rate of six per centum per annuin,
but redeemable at any time at the option of the said board of supervisors.
second. For the purpose of retiring twenty-seven thousand dollars of
bonds issued by the resolution of said board of supervisors on the first
of May, eighteen hundred and eighty-eight, under an act approved
February twenty-fourth, eighteen hundred and eighty-eight, authorizing
the supervisors of Amherst county to issue bonds for the purpose of re-
tiring outstanding bonds, which said last-named bonds are dated first of
January, eighteen hundred and cighty-nine, and payable twenty years
aftcr date with interest at the rate of six per centum per annum, but re-
dcemable at any time at the option of the said board of supervisors.

2. The bonds authorized to be issued under this act shall be signed
by the chairman of the said board of supervisors and under the seal of
the county.

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