Chap. 160.—An ACT authorizing the city of Bristol, Virginia, to issue bonds
for water works and street improvements and other improvements.

Approved February 14, 1901.

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 seventy-five thousand dollars ($75,000) for the purpose
of street, sidewalk and water works improvements, or either, and for
any other improvements that may now be or hereafter be ordered by the
council.

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 six per centum per annum, payable
semi-annually, and said bonds and interest shall be payable at such place
as said council may provide.

Said bonds shall become due not later than thirty-four years after the
date thereof, and shall be signed by the mayor and countersigned 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 council of the city of Bristol, Virginia, is hereby authorized 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 bonds
hereby authorized. Said tax shall be levied annually at the time and in
the manner taxes for the current expenses of said city are levied, and the
coupons attached to said bonds may be receivable in payment of the taxes
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 the principal of said bonds.

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

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