Chap. 617.—An ACT to authorize the city of Bristol, Virginia, to make an adidi-
tional issue of bonds for water works.

Approved April 2, 1902

1. Be it enacted by the general assembly of Virginia, That the council
for the city of Bristol, Virginia, may issue the bonds of the said city to
the amount of twenty-five thousand dollars, in addition to the issue of
bonds authorized by the act of the general assembly, approved February
fourteenth, nineteen hundred and one, for the purpose of extending, im-
proving, and bettering its water-works system.

Said bonds shall be issued in denominations of not less than one hun-
dred dollars nor more than one thousand dollars, at such times as the
council for the said city may determine, and shall bear interest at the
rate of not more than five per centum per annum, payable semi-annually.
and said bonds and interest shall be pavable at such place as said couneil
may provide.

Said bonds shall become due not later than thirty vears after the date
thereof, and shall be signed by the mayor and ccuntersigned by the clerk
of said city.
The bonds herein authorized to be issued may be issued, anything in
the charter of the said city of Bristol, Virginia, to the contrary notwith
standing.

2. The said bonds shall constitute a lien upon the entire water-work
system, in addition to being pledged by the faith, credit, and all propertie:
belonging to the said city.

3. The council of the city of Bristol, Virginia, is hereby authorizec
and directed to levy a special tax upon all of the taxable property in the
city of Bristol for the payment of the principal and interest of the bond:
hereby authorized. Said tax shall be levied annually at the time and ir
the manner taxes for the current expenses of said city are levied, and th
coupons attached to said bonds may be receivable in payment of the taxe:
due the city of Bristol. The special taxes hereby authorized, and any}
other collections or revenues reserved by the council of the said city for
same, shall not be used for any purpose other than the payment of the
principal and interest of said bonds or in making investments for the
sinking fund for said principal of said bonds.

4. All acts and parts of acts in conflict with this act are hereby re
pealed.

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