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 | 1897/1898 |
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Law Number | 892 |
Subjects |
Law Body
Chap. 892.—An ACT to authorize the county of Culpeper, after the question has
been submitted to a vote of the people of said county and adopted, to subscribe
to the capital stock of any one of the railroad companies heretofore chartered
and authorized to lucate its road in the said county.
Approved March 3, 1898.
1. Be it enacted by the general assembly of Virginia, That the judge
of the county court of Culpe per county, 1n term time or vacation, shall,
on the application of at least fifty frecholders who are residents of said
county at any time within two years from the passage of this act, said
application stating the amount of the subscription proposed to be made,
make an order requiring the sheriff of said county, at a time to be des-
ignated in said order, not less than thirty days from the date thereof, to
open polls and take the sense of the voters of the said county on the
question whether the county shall subscribe to the capital stock of any
one of the railroad companies heretofore chartered and authorized to
locate its road in the said county, the company to whose stock the sub-
scription is proposed to be named in said application: provided, the
road proposed to be built by said company will be located either from
or through the town of Culpeper, and thence into the county of Rappa-
hannock or the county of Madison. The amount of subscription to be
voted upon shall not exceed the sum of fifty thousand dollars, to make
which bonds of the said county, bearing interest at a rate not exceeding
six per centum per annum, the payment of the principal and interest
to be provided for by the levy of taxes as provided by law in such cases.
The principal of said bonds shall be made payable in thirty vears from
their date, with the right to said county to pay the same within fifteen
years from their date. No part of the subscription herein authorized
shall be actually paid until the title to the roadbed shall have been lo-
cated and obtained, by condemnation or otherwise, at least from the
town of Culpeper to the line of the county into which it is proposed to
be located, such fact having been first cerufied by a commission of three
freeholders, to be appointed by the county court of Culpeper county for
that purpose. The county subscription, subject to the foregoing linnita-
tion, shall be due and payable as may beagreed upon between the board
of supervisors of said county and the board of directors of said railroad
company. There shall be attached to the said bonds coupons for the in-
terest thereon, payable annually or semi annually, as the board of super-
visors of said county may provide, which shall be receivable in) pay-
ment of all county taxes after the maturity of said coupons. ‘The
bonds to be issued under this act shall be in such denominations as the
board of supervisors shall preseribe, and said bonds and coupons shall
be signed by the chairman of the board of supervisors and attested by
the clerk, and the seal of the said board of supervisors shall be attached
to said bonds.
2. The said election shall be conducted and the ballots cast thereat
shall be returned, canvassed and counted in the manner prescribed by
section twelve hundred and forty-four of the code of Virginia; and the
provisions of chapter fifty-one of the code of Virginia, so far as they
are not inconsistent with this act, shall apply to the election, the sub-
scription and the issuance and pay ‘ment and provision by lev v or other-
wise for the payment of the bonds issued hereunder as provided in this
act.
3. If it shall appear by the report of the board of commissioners ap-
pointed to count the said ballots that three-fifths of the qualified voters
of the said county voting upon the question are in favor of the subserip-
tion, and that said three-fifths includes a majority of the votes cast by
the freeholders at such election, the said county court shall at its next
term enter an order requiring the supervisors of said county to attend
ona day and ata place named in the order to carry out the wishes of
the voters as expressed at said election.
4, This act shall be in force from its passage.