Chap. 104.—An ACT to authorize the board of supervisors of Arlington county to
borrow money and to issue certain time warrants therefor. [fH B 55}

Approved March 7, 1924.

1. Be it enacted by the general assembly of Virginia, That the
board of supervisors of Arlington county be, and it is hereby, authorized
and empowered annually to issue time warrants of the said county in
behalf of each magisterial district thereof in a sum not in excess of fifty
per centum of the estimated revenue to be derived from the district road
levies in such districts for the then current year, and to secure the cash-
ing of the same for road purposes in anticipation of the collection of such
levies. The money derived from the issuance of said warrants shall be
refunded out of the road levies of the district for which issued, not later
than the fifteenth day of December of the year in which issued.

The said board of supervisors is hereby further authorized and em-
powered annually to issue time warrants of the said county of Arlington
not in excess of fifty thousand dollars, payable on or before the fifteenth
day of December of the year in which issued, and to secure the cashing
of the same for county purposes in anticipation of the collection of
county levies.

The warrants provided for in this act shall be signed by the chairman
of the board of supervisors and countersigned by the clerk thereof, and
shall bear interest at a rate not exceeding six per centum per annum.

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