Chap. 279.—An ACT to authorize cities and towns to lay an additional levy
over and above any other amounts authorized by law for the purpose of
providing a sinking fund for payment of principal and interest on its
bonded indebtedness. {H B 164]
Approved March 17, 1922.
‘1. Be it enacted by the general assembly of Virginia, That the
cities and towns of this Commonwealth, by their duly constituted
authorities, be and they are hereby authorized to annually levy, in
addition to any other levies authorized by law, a special levy upon
the taxable property in stich cities and towns as is not, by law,
segregated to the State for taxation, or withheld from city or town
taxation, and at a rate not in conflict with general law, for the purpose
of providing a sinking fund or to pay the principal and interest of
its bonded indebtedness, as and when the same becomes due and
payable.
2. All acts or parts of acts or charters of any city or town be,
and they are, hereby repealed, -in so far as they are in conflict
herewith.
3. An emergency existing, this act shall be in force from its
passage.