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 | 92 |
Subjects |
Law Body
Chap. 92.—An ACT to amend and re-enact an act entitled an act to amend ant
re-enact an act approved February 20, 1896, entitled an act to provide fot
the working and keeping in repair the public roads of Buchanan and Dicken-
son counties, as amended by an act approved February 9, 1916, so as to
provide how the board of supervisors of Buchanan county may establish,
change and relocate roads in that county and contract for the construction
of same on terms and conditions, which was approved March 16, 1918, by
adding additional sections to said act authorizing the board of supervisors
of Dickenson county to issue bonds or other obligations of said county on
behalf of said county or on behalf of any one or more of the magisterial
districts thereof, either or both, for a sum not exceeding in the aggregate
four hundred thousand dollars, for the purpose of financing the construction
of sections of the secondary line of route numbered eleven of the State
highway system in the county of Dickenson, and to levy taxes to pay the
interest thereon and to create a sinking fund for the payment of the prin-
cipal of such bonds at maturity. [S B 70]
Approved February 25, 1922.
1. Be it enacted by the general assembly of Virginia, That
an act entitled an act to amend and re-enact an act approved February
twentieth, eighteen hundred and ninety-six, entitled an act to provide
for working and keeping in repair the public roads of Buchanan and
Dickenson counties as amended by an act approved February ninth,
nineteen hundred and sixteen, so as to provide how the board of
supervisors of Buchanan county may establish, change and relocate
roads in that county and contract for the construction of same, on
terms and conditions, which was approved March sixteenth, nineteen
hundred and eighteen, be amended and re-enacted by adding the fol-
lowing additional sections thereto, namely:
Sec. 7. That the board of supervisors of Dickenson 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 obligations of Dickenson county, for and on
behalf of said county or on behalf of any one.or more of the magis-
terial districts of said county, either or both not excecding in the
aggregate the sum of four hundred thousand dollars, for the purpose
of providing funds to finance the construction of sections of the
secondary line of route number eleven of the State highway system,
in said county of Dickenson, in accordance with the provisions of
chapter one hundred and eighty-four of acts of the general assembly
of Virginia, approved March fifteenth, nineteen hundred and twenty,
entitled an act to anticipate by counties, or otherwise, the construction
of the State highway system; such bonds or other 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 time
or times and at such rate, not exceeding six per centum per annum,
as the board of supervisors may fix and to be in such denominations,
and éither coupon or registered, as the said board of supervisors may
determine. In event said bonds or other obligations are issued for
any one or more of the magisterial districts of said county, there
shall be printed in the face of said bonds the following: “These
bonds or obligations are issued for the purpose of financing road
construction in _-----_-_--- magisterial district of Dickenson county,
but the full faith and credit of Dickenson county is pledged for the
payment of the interest thereon and the principal thereof at maturity.”
The sale of such bonds or other obligations may be conducted and
effected in such manner as the said board of supervisors may deter-
mine, provided such bonds or other obligations shall not be sold at
less than their par value.
Sec. 8. The said board of supervisors of Dickenson county shall
annually levy a tax upon all the property within the said county or
within the magisterial district or districts for which said bonds are
issued, either or both, subject to taxation for such purpose, including
such property located, or the situs whereof for taxation miay be
within the limits of all the incorporated towns of said county and
said magisterial district or districts for which said bonds may be
issued, at such rate as will be sufficient to pay the interest on said
bonds, or other obligations, and to create a sinking fund for the
payment of the principal thereof at maturity.
By reason of the fact that the public interest requires that said
road work be commenced as soon,as possible, an emergency is hereby
declared to exist, and this act shall be in force from its passage.