Chap. 124.—An ACT to amend and re-enact Section 14 of'an act entitled “an act
to enable counties, cities and towns to secure the benefits of an act of the
Congress of the United States of America, approved June 16, 1933, known
as the National Industrial Recovery Act, and any acts amendatory thereof
and any acts supplemental thereto and revisions thereof, and any further act
of the Congress of the United States of America delegating powers to under-
take any purpose or purposes in aid of the financing of which the President
of the United States or any other Federal agency is now or hereafter author-
ized and empowered, through the Federal Emergency Administrator of Public
Works or through such other agencies as may be designated or created, to
make grants or loans; delegating powers to contract debts, borrow money
and issue bonds therefor; prescribing the mode of procedure for, and regulating
the issuance of such bonds, and providing for the payment thereof; authoriz-
ing agreements with the holders of such bonds and providing for the remedies
of such holders; and repealing inconsistent provisions of all laws general or
special of the Commonwealth,” approved September 7, 1933, so as to extend
the effective date of certain provisions of said act until July 1, 1938.

[S B 334]
Approved March 6, 1936

I. Be it enacted by the General Assembly of Virginia, That section
fourteen of an act entitled “an act to enable counties, cities and towns
to secure the benefits of an Act of the Congress of the United States
of America, approved June sixteenth, nineteen hundred and _ thirty-
three, known as the National Industrial Recovery Act, and any acts
amendatory thereof and any acts supplemental thereto and revisions
thereof, and any further Act of the Congress of the United States of
America delegating powers to undertake any purpose or purposes in
aid of the financing of which the President of the United States or any
other Federal agency is now or hereafter authorized and empowered,
through the Federal Emergency Administrator of Public Works or
through such other agencies as may be designated or created, to make
grants or loans; delegating powers to contract debts, borrow money
and issue bonds therefor; prescribing the mode of procedure for, and
regulating the issuance of such bonds, and providing for the payment
thereof; authorizing agreements with the holders of such bonds and
providing for the remedies of such holders; and repealing inconsistent
provisions of all laws general or special of the Commonwealth,” ap-
proved September seventh, nineteen hundred and thirty-three, be
amended and re-enacted so as to read as follows:

Section 14. Except as may be otherwise provided in any contract
theretofore entered into by any county, city or town with any Federal
agency, no county, city or town shall undertake any project, contract
any debt, borrow any money or issue any bonds pursuant to this act
on and after July first, nineteen hundred and thirty-eight.

Provided, however, that in the cities of Roanoke and Danville no
money shall be borrowed and no bonds issued and no indebtedness in-
curred hereunder until and unless the proposal so to do shall have
been submitted to the qualified voters of such city at a special election
and approved by a majority of the qualified voters who vote in said
special election. Said special election shall be ordered by the corpora-
tion court of such city upon request of the city council and shall be
held according to the general laws applying to special elections.

2. An emergency existing, because of the existence of many proj-
ects as herein defined this act shall be in force from its passage.