An Act to amend and reenact § 46.1-299, as amended, of the Code of Virginia, relating to devices signalling intention to turn or stop and rules therefor.
Volume 1968 Law 99
Volume | 1902/1904 |
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Law Number | 132 |
Subjects |
Law Body
Chap. 132.—An ACT to amend an act approved March 29, 1902, to authorize the
board of supervisors of Smyth county to issue bonds and borrow money for the
building and repairing of the roads in said county, and to direct and to au-
thorize the judge of the county court to order an election to ascertain the sense
of the qualified voters of said county on the question.
Approved April 4, 1903.
1. Be it enacted by the general assembly of Virginia, That the judge
f the county court of Smyth county be, and the same is hereby, directed,
‘ithin ninety days after the passage of this act, to order an election
herein to take the sense of the qualified voters of said county upon the
Toposition to borrow money and issue bonds or other evidences of debt
herefor, not in excess of seventy-five thousand dollars, for the purpose of
uilding and improving the public roads in said county. The time of
olding said election to be fixed by said court, which election is to be
eld in the usual manner of holding special elections.
2. The form of ballots to be used in such elections shall be prescribed by
he county court.
3. If the majority of votes cast in said election shall be in favor of
suing said bonds, then they shall be issued in such denominations as the
sard of road commissioners hereinafter mentioned shall determine, said
ods to run not exceeding thirty years, and to be redeemable at the
leasure of the board after ten years from the date thereof. Said bonds
nall bear interest not exceeding five per centum, and shall not be sold
t less than par value. The said bonds shall be coupon bonds, and the
eupons shall be receivable for all taxes due said county. The bonds shall
“aimed by the president of the board and countersigned by the clerk
thereof, and shall be negotiable and sold in the manner to be prescribed
by said board of road commissioners.
4. Said board of supervisors shall set apart each year a sum sufficient
to meet the interest on said bonds, and’ to create a sinking fund for the
redemption of the principal of said bonds. The board of supervisors shal!
levy and collect such an amount of taxes as may be necessary to comply
with the provisions. of this act.
5. The board of road commissioners of Smyth county shall consist of
three supervisors of said county and nine freeholders, three from each
magisterial district, to be appointed by the county court, who shall reside
in different sections of said districts. Said freecholders shall execute bond,
with security approved by said court, for the full amount of all moneys
that may go into their hands.
6. The sum of money borrowed shall be prorated among the three
magisterial districts of said county, as a majority of the board of road
commissioners may direct, and as the needs of each said district may
appear to them.
%. The supervisors and the three freeholders of each magisterial dis-
trict shall constitute the board of road commissioners for their respective
districts. They shall elect one of the freeholders to superintend the
opening and repairing of roads, who shall receive such compensation as
said district board may prescribe.
8. When the money is apportioned to the respective. districts and placed
in the bank to the credit of the district board, it shall be paid out on
checks to be signed by the said superintendent of the district, who shall
make report to the district board as often and in such manner as said
board shall determine.
9. The nine freeholders appointed as hereinbefore mentioned, together
with the three supervisors of said county, shall constitute the county board
of road commissioners. This board shall elect one of their number presi-
dent and another member clerk, who shall sign and countersign said
bonds as hereinbefore provided, and examine the accounts of the super-
intendents of the several district boards, which accounts shall be sub-
mitted at any meeting of the county board on demand of its president.
10. A majority of said board shall constitute a quorum for the trans-
action of business.
11. Application for opening new roads and changing locations of old
roads shall be made under existing laws, and said roads shall be main-
tained and kept in order in each district in the manner prescribed by the
respective district boards as may not conflict with the laws of the State.
12. All acts or parts of acts in conflict herewith are to that extent
hereby repealed.
13. This act shall be in force from its passage.