Chap. 91.—An ACT to authorize the town of Berryville, Virginia, to borrow
($6,000) six thousand dollars to pay off the present floating indebtedness of
said town. é

Approved February 26, 1908.

1. Be it enacted by the general assembly of Virginia, That the council
of Berryville, Virginia, be, and it is hereby, authorized to borrow the
sum of six thousand dollars and issue its bonds therefor payable a+
such times as said council may determine, bearing no higher rate of
interest than six per centum per annum, said amount with the entire
indebtedness of said town, being less than eighteen per cent. of the
assessed value of the real estate within the corporate limits of said town.

2. Said council is hereby authorized to use the money so borrowed
in the payment of the present floating indebtedness of said town.

3. In order to provide for the payment of the principal and interest,
of the bonds so to be issued, the council of said town is authorized to
levy a special tax on all property, real and personal, and all other sub-
jects of taxation for municipal purposes, which tax shall not exceed
one-fourth of the taxes imposed by said town for all other purposes.

4. The bonds so to be issued under this act shall not be sold for less
than par.

5. All acts and parts of acts in conflict with this act are repealed as
to the town of Berryville.

6. An emergency existing by reason of the necessity for providing for
the aforesaid floating indebtedness of said town, this act shall take effect
from its passage.