CHAP. 7.—An ACT to provide for improving the public roads and bridges
of Floyd magisterial district in the county of Scott and to authorize
the board of supervisors to borrow money by the issue of bonds, and
to build bridges, grade and macadamize the roads in Flore Se

Approved September 4, 1919.

1. Be jit enacted by the general assembly of Virginia, That
the board of supervisors of Scott county be, and they are hereby
empowered to issue bonds in the name of the county of Scott
for the purpose of surveying, constructing and macadamizing
roads and building bridges in Floyd magisterial district in said
county. .

2. The said board of supervisors are hereby authorized to
issue bonds for a sum not exceeding twenty per centum of the
assessed valuation of taxable property for nineteen hundred and
eighteen of said Floyd magisterial district in Scott county, and
are to sell bonds under such conditions as are hereinafter pre-
scribed, and with the proceeds of such sale to survey and con-
struct roads, or bridges, in the said Floyd magisterial district.

8. The said board of supervisors are authorized to lay a
levy upon said district sufficient to create a sinking fund to be
applied to the redemption and payment of bonds so issued and
shall annually, until such bonds are paid, pay over to the sink-
ing fund trustee, who shall be the treasurer of Scott county, a
sum sufficient to pay off such bonds in not less than forty years.
The bonds issued in pursuance of this act shall be coupon bonds
of not less denomination than one hundred dollars nor more
than one thousand dollars each, payable in not more than forty
years from date, and bearing interest payable annually, at a
rate not exceeding six per centum per annum, the said board
having the right to redeem any such bonds after the expiration
of ten years. The said bonds shall be issued in the name of
Scott county, Virginia, shall be signed by the chairman of the
board of supervisors of said county and shall have affixed there-
to the seal of said board. ,

4. The said board of supervisors are hereby empowered to
make and sell all said bond, but no bond shall be sold for less
than par value thereof, and the said bonds and coupons and in-
terest thereon shall be redeemable in lawful money at maturity,
and shall be receivable at maturity for all taxes and other debts
jue the said county of Scott, except school levies.

The said board of supervisors are hereby empowered to de-
‘termine the form of said bonds and coupons.

The said bonds and coupons issued under this act shall be
redeemable at the office of the treasurer of Scott county, and
when paid by him or received from taxes or other debts, shall
be marked paid or cancelled.

5. The said board of supervisors shall create a sinking fund
to be applied to the redemption and payment of bonds issued
by building and improving all roads in said district, and shall
annually, until such bonds are paid, pay over to the sinking fund
trustee, who shall be the treasurer of Scott county, a sum suf-
ficient to pay off said bonds in not less than forty years.

The treasurer of Scott county, who is designated in this act
as a sinking fund trustee, shall give bond to the said board of
supervisors, to be approved by them, in double the amount of
money likely to come into his hands, and it shall be the duty of
said treasurer to receive said sinking fund.and loan or invest in
road bonds of the county such loans and such investments to be
approved by the board of supervisors.

It shall be the policy of the board of supervisors to use the
proceeds from the sale of these bonds in a general way in Floyd
magisterial district, so as to make such needed road connections
with adjoining counties, and build and repair such bridges in
said district as are necessary.

The said board of supervisors is hereby empowered, without
a petition from the qualified voters of the said district, to issue
bonds of the county for twenty per centum of the assessed valua-
tion of the taxable property of nineteen hundred and eighteen,
of said Floyd magisterial district, for the purpose of surveying,
constructing, macadamizing or improving the roads and bridges
in said district.

6. The said board may levy a tax in said district in addi-
tion to the regular county levy, for an amount sufficient to pay
the interest on and providing a sinking fund for the amount, or
amounts, so expended in said district; provided, that said tax
shall not be more than sixty-five cents on every one hundred
dollars of property, real and personal, in said district.

7. It shall be the duty of the judge of the circuit court of
Scott county, before or after any bonds are issued by the board
of supervisors hereunder, to appoint two resident freeholders
of said magisterial district who, together with the supervisor
from the district, shall be known as the Floyd district road com.
mission, any two of whom shall constitute a quorum, of whick
the supervisor of that district shall be ex-officio chairman.

8. It will be the duty of said Floyd district road commis.
sion to determine upon any recommendation to the board of
supervisors what survey, improvements, macadamizing of roads,
or the construction of bridges are more needed in the district,
and they shall make such recommendations as they deem proper
to the board of supervisors. {

The said Floyd district road commission are to overlook, in
a general way, the expenditure of said bond issue and to see
that the money set apart for improvements in the district is
properly and judiciously expended, to the end that the public
interest may be fully protected.

The said Floyd district road commission shall report semi-
annually, or oftener if required, to the board of supervisors,
showing an itemized account of the expenditure of said fund,
said account to be prepared by the county engineer, and the same
to be published in the county paper, if requested by the board
of supervisors.

9. All moneys realized from a sale of said bonds under the
provisions of this act shall be received by the treasurer of said
county and shall be drawn out of his hands for. improvements
in the said district on warrants ordered to be issued by the board
of supervisors upon the recommendation of the Floyd district
road commission, the said warrants to be signed by the chair-
man of the board of supervisors and countersigned by the chair-
man of the Floyd district road commission.

10. The said board of supervisors shall cause to be kept

an itemized account of all work done and money expended in
road improvements with the funds issued under this act, which
shall be recorded by the clerk of the board of supervisors, in a
book to be kept for the purpose. and published in the manner
provided by law for the publication of other expenditures.
’ The board of supervisors shall devise a system of bookkeep-
ing in order to carry out the intention of this act, and require
the clerk of said board to keep said books as directed, and also
require the treasurer of said county to keep his books in accord-
ance with rules laid down in similar acts of said district in the
county. |

11. It is further provided that the Floyd district road com-
mission, in conjunction with the board of supervisors, may let
to the contract, if they think proper, the construction and ma-
cadamizing of roads and the construction.or improvement of
bridges, to the lowest responsible bidder, and have power to re-
ject any and all bids.

Specifications of such work shall be drawn bv the county
engineer, and the work carried on under his supervision. in con-
junction with the Floyd district road commission; provided, that
no commissioner, county engineer or foreman shall be personally
interested, either directly or indirectly, in any contract for the
building of any bridge or the altering of any road.

12. This act shall be likewise corstrued to the end that its
purpose may be fully carried out.
13. The provisions laid down in the Code of Virginia, be-
ing the general road law, shall apply where not inconsistent
with this act. All acts and parts of acts inconsistent with this
act are hereby repealed; it being necessary that immediate
work shall be done for the purpose of working and keeping in
repair the public roads and bridges in Scott county, an emerg-
ency exists and this act shall be in force from its passage.