Chap. 87.—An ACT to amend and re-enact section | of an act entitled an act to
aothorize and empower the board of supervisors of Culpeper county to issue
bonds and raise money for the purpose of providing for and erecting the neces-
sary buildings for a poorhouse, approved March 3, 1900.

Approved February 26, 1902.

1. Be it enacted by the general assembly of Virginia, That section one
of an act approved March third, nineteen hundred, entitled an act to
authorize and empower the board of supervisors of Culpeper county to
issue bonds and raise money for the purpose of providing for and erecting
the necessary buildings for a poorhouse, be amended and re-enacted so
as to read as follows:

§1. That the board of supervisors of Culpeper county be, and they
are hereby, authorized and empowered, in their discretion, to issue bonds
of the county, coupon or registered, to an amount not exceeding fifteen
thousand dollars, the said bonds to be issued in denominations of five
hundred and one thousand dollars, and to run for ten years, bearing
interest at not exceeding six per centum per annum, interest payable
semi-annually or annually. Said bonds shall be redeemable at any time
after the expiration of three years, and shall be sold for not less than par.
The bonds authorized to be issued by this act shall be signed by the
chairman of the board of supervisors, and countersigned by its clerk and
under the official seal of the county. The funds arising from the sale of
said bonds are to be used solely for the purpose of purchasing a farm and
the erection of the necessary buildings to be used as a poorhouse for the
poor of said county.

2. The said board of supervisors shall annually include in the levy
upon the property and lawful subjects of taxation in the said county as a
part of the county levy a sum and tax sufficient to pay the annual interest
on said bonds, and in such manner as they deem best create a sinking
fund sufficient to pay the said bonds at or before maturity.

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