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 | 1906 |
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Law Number | 118 |
Subjects |
Law Body
Chap. 118.—An ACT to authorize the county of Norfolk to acquire the toll
roads and toll bridges in said county, and to issue bonds for that purpose.
Approved March 9, 1906.
1. Be it enacted by the general assembly of Virginia, That the board
of supervisors of Norfolk county be, and it is hereby, authorized and em-
powered to issue and sell bonds upon the faith and credit of the said
county to an amount not exceeding in the aggregate two hundred thou-
sand dollars, the proceeds of the sale of such bonds, or any of them, to
he applied by the commissioners hereinafter designated, or their suc-
cessors, in the purchase of the toll roads and toll bridges, either or both
or all, in Norfolk county.
For these purposes the said board of supervisors is hereby authorized
and empowered to issue and sell, at not less than par, either registered or
coupon bonds in the denomination of five hundred dollars each, payable
in twenty years after their date, such bonds to bear interest at a rate
not exceeding five per centum per annum, payable semi-annually; said
board of supervisors may issue all of the said bonds hereby authorized at
one time and of the same series, or from time to time in different series.
2. A board of toll road purchase commissioners is hereby created,
which shall consist of the following seven resident freeholders of said
county: Cornelius Thomas, Rufus Kirn, L. M. Silvester, John A. Lesner,
W. T. Conover, William G. Parker, and William Sloane, whose duty it
shall be to determine a price at which the county of Norfolk may acquire
the toll roads and toll bridges, either or both or all. Before such price
shall be the amount the county of Norfolk is hereby authorized and
empowered to pay for such roads or bridges, the board of supervisors
of and the judge of the circuit court for said county shall, after public
hearings, duly advertised for sixty days, confirm and ratify the same.
But they may reject the same if considered too high; the price or pur-
chase fixed by the toll road commissioners shall not be increased, but only
ratified and confirmed or reduced by the board of supervisors of and
the judge of the circuit court for Norfolk county.
3. Any vacancy occurring in the said board as hereby created either
by deatn or removal, resignation or failure to qualify, shall be filled by
the judge of the circuit court of the said county.
+. The compensation of each member of the board of toll road com-
missioners shall be five dollars per day for each day actually served.
Said compensation shall not exceed one hundred and fifty dollars in any
one vear. The hire of conveyances used in the inspection of the various
roads and bridges the county shall pay.
5. A majority of said board can act, and the action of said majority
shall be the report of the board of toll road purchase commissioners.
6. The said bonds shall be executed by the chairman of the board of
supervisors and the treasurer of said county with the county seal affixed.