CHAP. 274.—An ACT to authorize the board of supervisors of the county
of Fauquier to borrow money not exceeding $25,000.00 to extend the
improvement of the public roads in Scott and Marshall magisterial
districts, and to issue bonds therefor. (H. B. 347.)

Approved March 16, 1916.

1. Be it enacted by the general assembly of Virginia, That
the board of supervisors of the county of Fauquier be, and the
same are hereby authorized to borrow the sum of twenty-five
thousand dollars, or as much thereof as may be necessary, for
the purpose of extending the improvement of the public roads
of said districts. The board of supervisors of said county shall
have the right to employ and compensate an agent for the sale
of such bonds, which shall be issued in denominations of one
hundred dollars, or multiples thereof, and shall be apportioned
between the two said districts, according to their respective
needs. Said board shall decide whether such bonds shall be
registered or coupon bonds, and shall determine when said bonds
shall mature, provided that they shall not be for a longer period
than thirty years.

2. The said board shall annually levy a special tax upon
the property liable to local road taxes in the said districts, at a
rate not greater than that allowed by general law for local road
purposes, sufficient to pay the interest on said bonds, and to es-
tablish a sinking fund for the retiring of said bonds upon ma-
turity, or sooner with the consent of the holders thereof.

3. The first expenditure from the sale of said bonds shall
be for the purpose of permanently improving the road extending
through said districts from center district line to the town of
Marshall in said county, which constitutes the boundary line
between the said districts of Scott and Marshall and which shall
continue to constitute the said boundary line, even though in
making such improvements it should be necessary to alter the
courses and distances of the said road for the purpose of secur-
ing a better grade.

4. An emergency existing by reason of the necessity for the
immediate improvement of said road, this act shall be in force
from its passage.