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 | 1922 |
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Law Number | 156 |
Subjects |
Law Body
Chap. 156.—An ACT to authorize the board of supervisors of Bath county to
issue bonds or other. obligations of said county for a sum not exceeding
, one hundred thousand dollars, for the purpose of financing road construc-
tion in said county and to levy taxes to pay the interest thereon and to
create a sinking fund for the payment of the principal thereof at eas 508)
Approved March 10, 1922.
1. Be it enacted by the general assembly of Virginia, That the
board of supervisors of Bath county be, and it is hereby authorized
and empowered, in its discretion, to proceed immediately or from
time to time, as it may deem expedient, to issue bonds or other obliga-
tions of Bath county, not exceeding in the aggregate the sum of .one
hundred thousand dollars, for the purpose of providing funds to
finance the construction of any road or roads in said county that it
may deem best, such bonds or obligations to be payable or redeemable
at such time or times, not exceeding thirty years from the date of
issue, and to bear interest payable at such times and at such rate,
not exceeding six per centum per annum, and to be of such denomi-
nations, and either coupon or registered, as the said board of super-
visors may determine. The sale of such bonds or obligations may be
conducted and effected in such manner as the said board of supervisors
may determine; provided, they shall not be sold for less than their
par value.
2. The said board of supervisors shall annually levy a tax upon
all the real and tangible personal property within the said county or
of any district or districts in said county as to part or parts of said
sum said board shall deem best, subject to taxation for such purposes,
at such rate as will be sufficient to pay the interest on said bonds, or
obligations, and to create a sinking fund. for the payment of the
principal thereof at maturity. The tax upon the whole county, how-
ever, shall not be levied unless the road or roads financed shall run
irough all of the districts of the county or unless roads are financed
, each district of the county out of said levy, and where the road or
sads that are financed shall lie only in one or more districts, the tax
nall be levied only on the district or districts through which the said
Dadi or roads are to be financed.
3. By reason of the fact that the public interest requires that
aidi road work be commenced as soon as possible, an emergency is
iereby declared to exist, and this act shall be in force from its passage.