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 | 1926 |
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Law Number | 460 |
Subjects |
Law Body
Chap. 460.—An ACT to authorize the board of supervisors of Culpeper county
to issue bonds, or other obligations of said county, on behalf of said county
for a sum not exceeding $10,000.00 for the purpose of providing funds for
the payment of the prorata share of Culpeper county towards the initial cost
of the District Home for the Poor for the said county and the counties of
Prince William, Fairfax, Fauquier, and the city of Alexandria, to be se-
cured by a deed of trust on the poor farm now owned by said county of
Culpeper and to levy, along with the county levy a sufficient tax to pay the
interest thereon, and to pay the said principal debt out of proceeds of sale
of said poor farm when sold. [H B 352]
Approved March 24, 1926.
Whereas, the board of supervisors of Culpeper county, by resolu-
tion adopted on the second day of February, nineteen hundred and
twenty-six, has associated itself with the counties of Prince William,
Fairfax, Fauquier and the city of Alexandria, to establish a home for
the care and maintenance of persons unable to care for themselves, as
provided in chapter one hundred and eleven of the Code of Virginia,
at an initial cost not to exceed fifty thousand dollars ($50,000.00) ; and
Whereas, it will be necessary to issue short time bonds or other
obligations of the said county, in order that Culpeper county may
raise its prorata share of said initial cost of said home until such time
as the said county may be able to dispose of its property now used as a
poor farm, now, therefore,
1. Be it enacted by the general assembly of Virginia, That the
board of supervisors of Culpeper county be, and it is hereby auth-
orized, empowered and directed, to issue bonds or other obligations of
Culpeper county to be secured by deed of trust on the property now
owned by Culpeper county and used as a poor farm, not exceeding in
the aggregate the sum of ten thousand dollars ($10,000.00) for the
purpose of providing funds necessary to pay the prorata share of Cul-
peper county towards the building equipment and provide a working
fund for the district home for the counties of Culpeper, Prince William.
Fairfax, Fauquier, and the city of Alexandria, as provided by chapter
one hundred and eleven of the Code of Virginia.
2. Such bonds, or other obligations, shall be payable or redeem-
able at such time or times not exceeding five years from date, and shal
bear interest payable at such times and at such rate not exceeding six
per centum per annum, and shall be in such denominations as saic
board of supervisors may determine. There shall be printed on the
back of said bonds, or obligations, the following:
‘These bonds (or other obligations) are issued for the purpose o
financing the building of the district home for the counties of Culpeper
Prince William, Fairfax, Fauquier and the city of Alexandria, and are
secured by a deed of trust on the property of Culpeper county, now
used as a poor farm, the interest on which is to be paid out of the
regular county levy and the principal of same is to be paid from the
proceeds of sale of the county poor farm now owned by the county o
Culpeper. The sale of such bonds, or other obligations, may be con
ducted, negotiated, and affected in such manner as said board o
supervisors may determine, provided they shall not be sold at les
than their par value.
3. The board of supervisors shall annually include in their county
levy a tax at such rate as will be sufficient to pay interest on said bonds
or other obligations.
4. An emergency existing, this act shall be in force from its
passage.