Chap. 317.—An ACT to authorize the board of supervisors to borrow money and
issue bonds to rebuild Gloucester Point wharf.

Approved February 12, 1898.

1. Beit enacted by the general assembly of Virginia, That the board
of supervisors of Gloucester county is hereby authorized and empowered
to borrow a sum of money not to exceed the sum of two thousand five
hundred dollars, or so much thereof as may be necessary for the re-
building and repairing of the wharf at Gloucester Point, belonging to
the said county, and to secure the sum so borrowed the said board of
supervisors may issue a bond or bonds of the said county, signed by the
chairman and countersigned by the clerk of the said board of super-
visors, and bearing interest at a rate not exceeding six per centum pcr
annum, and payable at a period or periods not exceeding five years from
the date thereof. And the money so borrowed as aforesaid is to be used
for the sole purpose (and for no other) of rebuilding and repairing the
wharf at Gloucester Point, belonging to the said county. And the said
board of supervisors shall appropriate and use the receipts of the said
wharf and public property at Gloucester Point in paying the current ex-
penses of said wharf and to the liquidation of the bond or bonds issued
in pursuance of this act. But if the said receipts are not sufficient to
meet the payment of the said bond or bonds when due, then the said
board of supervisors are hereby authorized to levy a tax on all the tax-
able property of the said county to pay the same.

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