Chap. 104.—An ACT to amend and re-enact sections 3 and 11 of an act to amend
and re-enact chapter 256 of the acts of assembly of 1855-’56, as amended by
chapter 123 of the acts of assembly of 1883-84, entitled an act to incorporate
the town of Orange, and to enable the said town to borrow money, appray ed
January 21, 1896.

Approved March 23, 1903.

1. Be it enacted by the gencral assembly of Virginia, That sections
three and eleven of an act to amend and re-enact chapter two hundred
and fifty-six of the acts of assembly of eighteen hundred and fifty-five
and eighteen hundred and fifty-six, as amenities by chapter one hundred
and tw enty-three of the ac +s of assembly of eighteen hundred and
eighty -three and eighteen hundred and eighty- four, entitled an act to
incorporate the town of Orange, and to enable the said town to borrow
money, approved January tw enty- first, eighteen hundred and ninety-six,
be amended so as to read as follows, respectively’:

§ 3. The said board of trustees shall have power to pass all by-laws and
ordinances for the proper government of said town, not in conflict with
the Constitution and laws of this State or the Constitution and laws of
the United States, and to levy annually such taxes and prescribe such
licenses as it may deem necessary for the purposes of said town, which
said tax levy shall not exceed for one year one dollar on the one hundred
dollars’ valuation of property as per State assessment. The said board
shall, by a vote of a majority of their number, on the first meeting after
their qualification, elect a town sergeant, a recorder, and a treasurer of
said town, who shall hold office during the term of office of the said board,
unless removed by the mavor for cause, which said removal shall be
ratified or set aside by the board of trustees at its next regular mecting.
Any vacancy occurring by death, resignation or removal, or anv other
cause, in any of the officers or appointees of said town, shall be filled by
the said board of trustecs, and the office of mayor, in case of vacancy,
can be filled by said board out of its own number or by any qualified voter
of the town. The compensation of the mavor shall be fixed by the board
of trustees, and shall not preclude the collection of legal fees by him.

§ 11. The trustees of said town, whenever the consent of a majority of
the frecholders of said town, at an election held for that purpose, which
shall be after ten davs’ notice of the time and place of holding same, and
the purpose thereof has been published in the newspaper or newspapers
published in said town once a week for four successive weeks, shall so
elect and decide, shall have power to borrow for said town, and for the
purpose of internal improvement, a sum of money not exceeding five
thousand dollars, by the issue and sale of the honds of said town. Said
honds shall be registered or coupon bonds, and shall be in such denomina-
tions as the board of trustees shall prescribe, and shall bear interest, pav-
able annually, at the rate of six per centum per annum. Said bonds
shall he pavable thirty vears after the date thereof, and may be redeemable
at the option of the said hoard of trustees after fifteen years from the
date of same. Said bonds shall be signed bv the mavor of said town, and
ecuntersigned by the recorder thereof, under the corporate seal of said
town, and shall be negotiated by the trustees of said town, who are
authorized to employ a suitable agent for the purpose, but in no case to
be sold at less than the par value of said bonds. The board of trustecs
shall have power to provide for the payment of the interest on said bonds
and for a sinking fund for the redemption of the same, when due, by a
special tax levied sufficient for the purpose, which said tax shall
not be applied to any other purpose. The trustees of the said town are
further empowered, whenever the consent of a majority of the freeholders
uf the said town shall so decide in the manner hereinbefore sect forth, to
issue bonds, either coupon or registered, for an amount not exceeding
twenty thousand dollars, in such denominations as the board of trustces
shall prescribe, bearing interest at the rate of five per centum per annum.
Said bonds shall be payable thirty years after date, and may be redcem-
able, at the option of the said board of trustees, after fifteen years from
the date of same, and shall be free from taxation by the said town of
Orange. The proceeds of the said bonds, or so much thereof as may be
necessary, shall be used by the said trustees for the purpose of erecting
water-works for the said town, which authority shall include the purchase
of necessary water-supply, engines and other machinery, a site for reser-
voir or stand pipe, the right of way to the said town, and all other
expenses necessary to the completion of the said water-works. Said bonds
shall be signed by the mayor of said town, countcrsigned by the recorder
thereof, under its corporate seal, and shall be negotiated by the trustees
of said town, who are hereby authorized to employ a special agent for the
purpose, but in no case to be sold at less than the par value of the said
bends. The board of trustees shall have power to provide for the pay-
ment of the interest on the said bonds, and for a sinking fund for the
redemption of the same, when due, by special tax levied for the purpose,
which tax shall not be applied to any other purpose, and shall have
authority to fix the rate to be charged for the use of water privileges.
2. An emergency existing, this act shall be in force from its passage.