Chap. 323.—An ACT to authorize the board of supervisors of Smyth county
to issue bonds, etc.

Approved February 14, 1900.

1. Be it enacted by the general assemblv of Virginia, That it shall
be lawful for the board of supervisors of Smyth county, for the pur-
pose of redeeming, or retiring the outstanding bonds, heretofore issued
by said county, in payment for the hospital farm at Marion, Virginia,
and to issue new bonds, and negotiate a Ioan or loans at a rate of interest
not to exceed six per centum, and to issue bonds to secure the same in
the name of said county. Such bonds shall be issued to run for a period
not to exceed twenty vears from date of issue, redeemable, however.
at the pleasure of said board, upon their call, at the clerk’s office of
said county, after ten vears from date of said bonds. Said bonds mav
be either registered or with coupons attached, as said board may pre-
scribe.
2. This act shall be in force from its passage.