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 | 238 |
Subjects |
Law Body
Chap. 238.—An ACT to authorize the city of Bristol, Virginia, to make addi-
tional issues of bonds for the extension of its water works system, and for
the acquirement of an additional source of water supply.
Approved March 15, 1906.
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 not exceeding one hundred and twenty-five thousand dollars,
in addition to the issue of bonds authorized by acts of assembly approved
February fourteenth, nineteen hundred and one, and the act of assembly
approved April second, nineteen hundred and two, and the act of assembly
approved March fifteenth, nineteen hundred and four, for the purpose of
enlarging, extending, and improving its water works system and for ac-
quiring, operating, and maintaining an additional source of water supply.
2. Said bonds shall be issued in denominations of not less than one
hundred dollars, nor more than one thousand dollars at such times as the
council for said city may determine, and shall bear interest at the rate of
not more than five per centum per annum, payable semi-annually, and
Tepresented by coupons attached, and said bonds and interest shall be
payable at such place as said council may provide. Said bonds shall be-
come due not later than thirty years after the date thereof, and shall he
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 char-
ter of said city of Bristol, Virginia, to the contrary notwithstanding.
3. The said bonds shall constitute a lien upon the entire water works
system, so construed, in addition to being pledged by the faith, credit,
and all properties belonging to the said city, subject, however, to limita-
tions provided in section number one hundred and twenty-seven of the
Constitution of Virginia.
4. The council of the city of Bristol, Virginia, is hereby authorized and
directed to levy a special tax, in so far as allowed by law, upon all of the
taxable property in the said city of Bristol, Virginia, for the payment of
the principal and interest of the bonds herebv authorized. Said tax
shall be levied annually at the time, and in the manner taxes fe
current expenses of said city are levied, and the coupons attach
said bonds may be receivable in payment of the taxes due the c
Bristol. And the special taxes hereby authorized, and any other «
tions or revenues reserved by the council of said city for same shall 1
used for any purpose other than the payment of the principal and in
of said bonds, or in making investments for the sinking fund fo:
principal of said bonds.
5. The said bonds are to be issued when approved by the affirmativ
of the majority of the qualified voters of said city, voting upon the
tion of their issuance, at the general election next succeeding the ¢
ment of the ordinance, or at a special election held for that purpose.