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 | 1915 |
---|---|
Law Number | 121 |
Subjects |
Law Body
Chap. 121.—An ACT to repeal section 24 of an act entitled an act to
amend and re-enact an act approved March 7, 1906, entitled an act to
amend and re-enact an act approved April 2, 1902, entitled an act to
provide a road law for Campbell county, approved March 5, 1900, pro-
viding and regulating a road board for said county and directing the
disbursement of the county road fund, approved February 8, 1908, as
heretofore amended, and adding thereto a new section 24 in lieu of the
section hereby repealed. (H. B. 145)
Approved March 18, 1915.
1. Be it enacted by the general assembly of Virginia, That section
twenty-four of an act entitled an act to amend and re-enact an act ap-
proved March seventh, nineteen hundred and six, entitled an act to
amend and re-enact an act approved April second, nineteen hundred
and two, entitled an act to provide a road law for Campbell county, ap-
proved March fifth, nineteen hundred, providing and regulating a road
board for said county and directing the disbursement of the county road
fund, approved February eighth, nineteen hundred and eight, as here-
tofore amended, be and the same is hereby repealed and a new section is
hereby added to the said road law of Campbell county as follows:
24. Be it further enacted, that bonds may be issued by any magis-
terial district in the county of Campbell, Virginia, for the purpose of
macadamizing or otherwise permanently improving the public roads of
any magisterial district in said county upon the conditions hereinafter
provided for. The circuit court of the said county, upon the petition
of twenty or more freeholders of any magisterial district in said county
shall make an order requiring the judges of election at the next regular
election thereafter to be held in said county for the election of county
or State officers, or at any other time not less than thirty days from
the date of such order, which shall be designated therein to open a poll
and take the sense of the qualified voters of such magisterial district
whether the board of supervisors shall issue bonds for said purpose or
either of them. The said order shall designate the magisterial district
or districts in which said road or roads lie, and the maximum amount
of bonds to be issued, which shall in no case exceed an amount in excess
of ten per centum of the total taxable values at the time in the magis-
terial district in which the road or roads are to be built, or permanently
improved. The qualified voters at any special elections held under this
act shall be those qualified to vote at special elections under existing
laws. The duration or length of time said bonds are to run and be
payable, as well as the rate of interest to be paid thereon, shall be desig-
nated in said order, and said bonds shall be redeemable at the pleasure
of the board of supervisors on behalf of the said magisterial district after
five years from the date of issuance, or any other time fixed in the order.
In the event a majority of voters of such district or districts are in favor
of issuing such bonds for the purpose aforesaid the circuit court shall
at its next term enter of record an order requiring the super-
visors of the county to proceed at their next meeting to carry out the
wishes of the voters as expressed at said election. The said board of
supervisors shall have power to appoint an agent or agents to sell said
bonds, provided that said bonds shall be sold to be paid for in lawful
money only, and shall not at a price less than par value. When such a
sale of bonds has been negotiated the board of supervisors shall issue the
same. Such bonds may be either registered or with coupons attached
as said board of supervisors prescribe, and shall have written or printed in
each the following sentences:
These bonds are issued for road improvement in .................
magisterial district of Campbell county, Virginia, and the full face and
credit of said district is hereby pledged for their payment, and a tax is
to be levied upon the property in said district by board of supervisors
of said county to pay the interest on them and to create a sinking fund
sufficient in amount to pay the principal upon maturity. Said bonds
shall be signed by the chairman of the board of supervisors of said county
and countersigned by the clerk thereof under the seal of the said board.
The said bonds shall be in denominations of one hundred dollars, or
some multiple thereof, and shall bear interest at a rate not exceeding
six per centum per annum, payable annually, at the office of the treasurer
of said county, on the first day of July of each year and shall be payable
not exceeding thirty-four years from the date thereof at said office, but
may in the discretion of said board of supervisors be made redeemable at
such time or times or after such period or periods and upon such notice
as the said board may prescribe and stipulate upon the face of the bonds
‘when issued.
Such election shall be held and returns thereof certified and can-
vassed in all respects as is provided by an act approved February twenty-
eighth, nineteen ‘hundred and eight, entitled an act to provide for the
issuing of county bonds for permanent road or bridge improvement in
the magisterial districts of the counties of the State, and the bonds when
issued shall be sold and the proceeds thereof collected by the treasurer
of said county, as is also provided by said act of February twenty-fifth,
nineteen hundred and eight, and the money arising from the proceeds
thereof shall be applied to the purposes for which they were issued for
macadamizing and otherwise permanently improving the roads of such
district under the supervision, management and control of a board con-
sisting of five freeholders of such magisterial district to be selected and
appointed by the judge of the circuit court of Campbell county, in term
time or vacation, who before entering upon the duties of their office shall
execute bond payable to the board of supervisors of Campbell county in
such a manner and with such security as will be approved by said court
or judge, on conditions for the faithful performance of their duties as
such commissioners under such appointment, and to account for all of
said funds which may come into their hands, said board so appointed to
be known as the road board of the magisterial district for which they were
appointed. They are to make contracts for the improvement of the roads
and bridges in said district so far as the same are constructed or im-
proved out of said funds arising from the sale of said bonds, and are
to make reports of their proceedings to the board of supervisors of said
county whenever called upon to do so. All such work shall be done in
accordance with the plans and specifications provided by and under the
general supervision of the State highway commissioner, and the State
highway commissioner shall appoint an engineer or superintendent to
supervise the construction of all work done under the provisions of this
section. The treasurer of said county shall pay and expend the money
arising from the sale of said bonds upon the order of said board of road
commissioners of such district to be signed by the chairman of the board
and countersigned by one of the members thereof to be designated as
secretary. The treasurer receiving said funds into his hands shall make
final settlements thereof when the same is fully disbursed with the said
board of road commissioners-for such district, which statement shall be
referred to and approved by the board of supervisors of such county
and the said board of road commissioners for such district shall be auth:
orized at any time they may think proper to do so, to call upon the
treasurer for a statement as to the condition of said funds.
An emergency existing, this act shall be in force from its passage.