Chap. 19.—An ACT authorizing the mayor and council of the town of
Victoria to borrow money for the purpose of advancing the same for
the improvement of a section of the State highway system within the
county of Lunenburg, Virginia, under the provisions of an act of the
general assembly of Virginia, approved March 15, 1920, entitled an
act to anticipate by counties or otherwise the construction, ans

State highway system.
Approved March 20, 1923.

1. Be it enacted by the general assembly of Virginia, That
the council of the town of Victoria is hereby authorized and
empowered to borrow a sum of money, not exceeding twenty-
five thousand dollars, and to issue its bonds therefor, sai money
to be used to anticipate the improvement of a part of the State
highway system in Lunenburg county, Virginia, under the pro-
visions of an act of the general assembly of Virginia. entitled
an act to anticipate by counties or otherwise the construction
of the State highway system, approved on the fifteenth day of
March, nineteen hundred and twenty. The sum of money to be
borrowed and the advisability of borrowing the same shall be
determined by at least a two-thirds vote of the council of the
said town and the ordinance shall also be approved by its mayor.
Said bonds shall be signed by the mayor and clerk of the said
town and shall bear interest at a rate not exceeding six per
centum per annum, and shall become due and payable within
any period not exceeding thirty-five years, but may be made
redeemable at the pleasure of the said council. The council
shall have power to make annual appropriations out of the
revenue of the town to pay the interest on said bonds and to
provide a sinking fund for their redemption when due or when
redeemed before maturity as aforesaid, and if necessary, may
levy a special tax as provided by chapter two hundred and
seventy-nine of the acts of the general assembly of Virginia of
nineteen hundred and twenty-two. Said bonds shall be free
from all State and local taxation.

2 The said town is hereby expressly authorized to make
application and to come under the provision of the said act of
the genéral assembly of Virginia, approved on the fifteenth day
of March, nineteen hundred and twenty, entitled an act to antic-
ipate by counties or otherwise the construction of the State
highway system. |

3. An emergency existing, this act shall be in force from its
passage.