Chap. 410.—An ACT to validate notes or certificates of indebtedness or any
renewals thereof of the town of Cape Charles aggregating one hundred and
eighty-nine thousand, forty-four dollars and fifty-six cents ($189,044.56), and
providing for the payment thereof. [fH B 518]

Approved March 24, 1926.

1. Be it enacted by the general assembly of Virginia, That the
notes or certificates of indebtedness of the town of Cape Charles,
aggregating one hundred and eighty-nine thousand, forty-four dollars
and fifty-six. cents ($189,044.56), issued by said town pursuant to
ordinances adopted by the mayor and council thereof in the years
nineteen hundred and twenty-four and nineteen hundred and twenty-
five, payable to Robert G. Lassiter and Co., or bearer, for the payment
of the cost of construction of streets in said town, or of any renewal
of said notes or certificates of indebtedness or any part thereof, be,
and the same are hereby, validated, and said notes or certificates of
indebtedness or renewals thereof are hereby declared to be the general
obligations of said town of Cape Charles, and to have all of the char-
acteristics of negotiable instruments, and the town council of the town
of Cape Charles is hereby authorized and empowered to levy and
collect such taxes on real estate and tangible personal property within
the town of Cape Charles, as the council of said town may determine,
and a further tax at a rate not in conflict with the gneral laws of the
State of Virginia on all intangible property in said town as may be
necessary to provide for the payment of the principal and interest of
said notes or certificates of indebtedness or any renewals thereof.

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