CHAP. 331.—An ACT to authorize and empower the board of supervisors
of Rockingham county to borrow money for the purpose of building,
repairing and maintaining roads and bridges in said county.

(H. B. 457.)
Approved March 20, 1916.

1. Be it enacted by the general assembly of Virginia, That
the board of supervisors of Rockingham county be, and it is,
hereby authorized and empowered to borrow money and issue
bonds therefor to be used in the construction, maintenance and
repair of the roads and bridges in any magisterial district, upon
the request of the member of said board from such district, not
to exceed the sum of fifteen thousand dollars for any district in
said county. Provided, however, that before such money is
borrowed or bonds are issued a majority of those who were
qualified to vote at the last preceding general election of the
district in which said money is proposed to be used shall in
writing petition the board of supervisors to make such loan
and issue such bonds; and provided further that no such money
shall be borrowed or bonds issued until the petition aforesaid
shall have been filed for thirty days in the clerk’s office of the
said county, and that before said board takes action upon the
matter of borrowing said money or issuance of said bonds
notice of the time and place of the meeting at which said board
will consider and act upon the proposed bond issue shall be given
by publication in a newspaper of general circulation in said
county. At such meeting any resident of the district to be
affected by such bond issue may appear before said board and
oppose the issuance of said bonds. Said board shall in no event
be compelled to issue such bonds although such petition is so
filed, if for any reason the issuance of such bonds is deemed
by said board to be inexpedient or unnecessary. An appeal may
be taken to the circuit court of said county within ten days from
an order of said board directing such bond issue, by any resi-
dent of the district affected by such proposed bond issue. If
said board determines to issue such bonds, then said board shall
determine the denominations in which said bonds shall be is-
sued not exceeding five hundred dollars each; whether said bonds
shall be registered or coupon bonds; for what period the same
may be issued not to exceed thirty years; the interest to be paid
thereon not exceeding six per centum per annum, and may de-
cide whether the other bonds shall be retired before the maturity
of the same, with the consent of the holders thereof. The said
board shall have authority and power to levy special tax upon
the property in such district liable to taxation for road pur-
poses at a rate not exceeding that allowed by general law for
the purpose of paying the interest upon said bonds and establish-
ing a sinking fund for the retirement of the said bonds as afore-
said. Residents of any town or city which maintains at its own
expense streets and roads of such town or city shall not be in-
cluded among the voters or petitioners above referred to nor
shall any property in such town or city be taxed to discharge in
whole or in part said bonds or interest thereon.