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 | 1908 |
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Law Number | 127 |
Subjects |
Law Body
Chap. 127.—An ACT to authorize the submission to the legal voters of the city
of Winchester of the question whether or not they will favor the issuance by
said city of not more than fifty thousand dollars of sewerage bonds; and to
authorize the issuance by said city of not more than fifty thousand dollars
of said bonds if a majority of those voting vote in favor of such issuance.
Approved March 3, 1908.
Whereas, it appears that the rapid multiplication of modern sanitary
arrangements renders advisable the installation of a system of sanitary
sewers in the city of Winchester; and,
Whereas, a competent engineer has made surveys, drawn plans and
specifications, and prepared estimates for the installation of a sanitary
system of sewers; and,
Whereas, the common council of said city has requested authority
from the general assembly of Virginia to call a special election to submit
to the qualified voters of said city of Winchester whether or not a ma-
jority thereof of those voting will favor the issuance of not more than
fifty thousand dollars of bonds at such rate of interest as the common
council may determine, not to exceed five per cent. per annum, maturing
not more than twenty-five years after date, the council to determine exact
time of maturity, the proceeds of said bonds to be used to defray the
cost of installing a sanitary system of sewers in the city of Winchester
according to plans to be approved by the common council; and, whereas,
if the bonds provided for by this act shall be issued, the bonded indebted-
ness of the city of Winchester will be less than eighteen per centum of
the assessed valuation of the real estate in said city subject to taxation,
as shown by the last assessment for taxes; now, therefore,
1. Be it enacted by the general assembly of Virginia, That the com-
mon council of the city of Winchester is hereby authorized, at any time
within one year after the passage of this act, to order a special election
at which all voters of said city, qualified to vote in general elections
under the laws of the State, may vote upon the question whether or not
they favor or oppose the issuance of not more than. fifty thousand dollars
of sewerage bonds, said bonds to bear such interest as the council may
determine, not to exceed five percent. per. annum, and to be in such
denominations as the council may determine, and to mature at such
time as the council may determine, not to be more than twenty-five years
after date. If a majority of those voting shall vote in favor of the is-
suance of said bonds, the said common council, by proper resolution
or ordinance, may direct that they be issued and executed on behalf of
the city of Winchester and signed by such offiers or parties as the com-
mon council shall name, provided said bonds shall not exceed the ag-
gregate hereinbefore named.
2. The proceeds from said bonds shall be wholly expended in the in-
stallation of said system of sanitary sewers.
3. Said bonds shall be in such form as the common council of said
city may determine.