Chap. 26.—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 one hundred and twenty-five
thousand dollars of “gravity water bonds” and to authorize the issu-
ance by said city of not more than $125,000 of said bonds, if a majority of
those voting vote in favor of such issuance.

Approved February 16, 1910.

Whereas, it appears that there is a need for an additional gravity
water supply for the city of Winchester; and

Whereas, it is desired especially that the city of Winchester shall ob-
tain a supply of softer water by gravity than the hard limestone water
now furnished by the two water systems of the city of Winchester; and

Whereas, the common council of the city of Winchester has requested
authority from the general assembly of Virginia to call a special elcec-
tion to submit to the legally qualified voters of said city of Winchester
whether or not a majority of those voting will favor the issuance of not
more than one hundred and twenty-five thousand dollars of bonds at such
rate of interest as the common council may determine, not to exceed
five per centum per annum, maturing not more than thirty years after
date, the said common council to determine the exact time of maturity,
the proceeds of said bonds to be used to defray the costs of obtaining an
additional system of gravity water supply for the city of Winchester,
inclusive of the required sources of water supply, water rights, rights of
way, work, labor and material, costs of plans, specifications and super-
vision, the work to be done according to plans to be provided by the
common council; and

Whereas, if the bonds provided for by this act shall be issued, the
bonded indebtedness of the city of Winchester will be less than eighteen
per centum of the assessed valuation of the real estate in said city sub-
ject to taxation, as shown by the last assessment for taxes; now, there-
fore,

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
after this act becomes a law to order a special election at which all voters
of said city, qualified to vote in such election under the laws of the State,
may vote upon the question whether or not they favor or oppose the
issuance of not more than one hundred and twenty-five thousand dollars
of gravity water bonds, said bonds to bear such interest as the common
council may determine, not to exceed five per centum per annum, and
to be in such denominations as the council may determine, and to ma-
ture at such time as the council may determine, not to be more than
thirty years after date. Ifa majority of those voting shall vote in favor
of the issuance of said bonds the said common council, by proper reso-
lution or ordinance, may direct that they be issued and executed on be-
half of the said city of Winchester and signed by such officers or parties
as the common council shall name: provided, said bonds shall not ex-
ceed in the aggregate the sum of one hundred and twenty-five thousand
dollars.

2. The proceeds from said bonds shall be wholly expended for the
said additional supply of water for the city of Winchester by a gravity
system.

3. Said bonds shall be in such form as the common council of said
city may determine.