Chap. 584.—An ACT to provide for submitting to the voters of Buckingham
county the question of subscribing to the stock of the Charlotte, Farmville and
James River Valley Railway Company.

Approved April 2, 1902.

1. Be it enacted by the general assembly of Virginia, That upon ap-
plication to the county court of Buckingham county by the Charlotte,
Farmville and James River Valley Railway Company, the said court
shall make an order requesting the sheriff and judges of election of said
county, at some time not less than forty-five duys from the date of said
order, which shall be designated therein, to open a poll and hold an elec-
tion, and take the sense of the qualified voters of said county on the
question whether the board of supervisors of said county shall subscribe
to the capital stock of said railway company, und shall issue bonds for
purpose of paying for the same. The said company, at the time of mak-
ing such application, shall state in writing, filed in said court, the num-
ber of miles of said road proposed to be constructed by it in said county,
and as near as may be the termini thereof in said county, and the pro-
posed route or routes thereof, and the same sh-ll be stated in said order.

2. The said order shall state the maximum amount proposed to be
subscribed, which shall in no case exceed twenty-five thousand dollars in
aggregate, and shall not exceed twenty-five hundred dollars per mile of
such railroad actually constructed. Said polls shall be opened and said
election held, and the results thereof ascertained in accordance with the
provisions of chapter fifty-one of the Code of Virginia of eighteen hun-
dred and eighty-seven, as far as the same are applicable thereto, and. if
the result of such election is in favor of such subscription, the bonds of
said county shall be issued to pay the same, in accordance with the pro-
visions of the said chapter of the said Code: provided, that said bonds
shall not bear interest at a greater rate than four per centum pcr annum,
which shall be payable annually, and said bonds shall be payable at such
time or times, and shall be in such denominations as may be determined
by said court, which shall be stated in said order, and shall not be sold
for less than their par value: and provided, further, that no bonds of said
county shall be issued for that purpose, nor shall any such subscription
become due and payable until said railroad of standard gauge is fully
constructed and completed from Rosney, in said county, to the town of
Farmville, in Prince Edward county, and from White Hall, in Bucking-
ham county, to Buckingham courthouse. At the same time that the said
bonds are so issued, said company shall deliver to the board of super-
visors of said county for said county, or to any agent or agents said
board may appoint for the purpose, an amount of the fully paid and non-
assessable capital stock of said company at its par value equal to the
amount of said: bonds; and the board of supervisors of said county shall,
in their discretion, subject to the approval of the county court of said
county, have the power and authority to apply all county taxes for any
purpose derived from said road, and all increase in county taxes for the
Buckingham branch of the Chesapeake and Ohio Railway Company now
in said county caused by the building of said Charlotte, Farmville and
James River Valley railway to the payment of the interest on said county
subscription, and any balance thereof may in like manner, and under the
direction of the said court, be applied as a sinking fund to redeem said
county bonds.

3. At least thirty days before the holding of such election a certified
copy of said order shall be posted by the sheriff of said county at such
voting place in said county, and a certified copy thereof shall be served
by said sheriff on each of the judges of election of said county. If the
result of such election is determined, as above provided, to be in favor of
such subscription, the said court shall enter an order setting forth that
fact and requesting the board of supervisors of said county to carry out
the wishes of the voters as expressed at said election, and after said rail-
road shall have been completed as above specified, said court shall enter
an order directing the county surveyor, or such other surveyor or sur-
veyors as said court may appoint for the purpose.

4. No election shall be held under this act after two years from its
passage.

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