Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1831-02-17
A BllI.


authorizing a Loan tor INC purpose Of Inter
nal improvement
]. be II enacted by the General Assem- bly,,
That the Treasurer Of the Common ealth,
under the direction and control of the ExeUII-
tive, DO, and be 10 hereby. authorised aud re-
qnued 10 borrow, uron the crghit of The State
the sum OF two M hons OF dollars, provided
the sane can be obtained At II rate .nfn,,.t
nv 'A'''"'" Nv 80. "rntlm PET aunhm, The
m"nies so to toe borrowed shall be- paid into the
IftasuIg ni The Cnmm"n ,"eal,h hy The I0ndc,
or Lenders, his, or their agent or agents upon
the warrant Ct the Second Auditor, IN such
instruments hs 10 meet the upprp prialions there.
al, upon the receipt whereof into the Treasury
The treasurer shall issue certificates oil stock
tor the amount OF the sum or sums so received,
purpuIting thai tue Commonwealth oil Virginia
owes To the Lender OF lenders, his OF thclr hens
executors, administration, OF assigns, the prn
cphi sums thClem mendoutd, with interest
the rate agreed on TINT such interest is paya'
hlr semisaununliy at the Treasury of Vnenla
aud that the loan WAS made accordln to the
pro,is ons OF this act. such Ger ,6cates shall
TIC sIened by the Treasurer, caufiersigned by
the Second Auditor, registered Ia "a book by
him, Ia De kept Tor the purpose, AMI then h.
delivered to the lender OF lenders, las or thrir
ageut or agents. Every such c,rn6ratp shall
be transferable on he books OF the Second
Auditor, ahd the semizdnnual inter, st thereon
shel he pad IN his warrant The principal
stall not be redeemed tor the trrm ol twenty
year- from lhr date oil such certificate, but IA.
ter that tmr, II shall b. redeamahe al the
pleasure OF the General Assembly, Tho an.
nehl reVenne OF the Fund for Internal Improve
mehl, nat Otherwise appropriated, Is hereby
pledged Tor III payment OF the interest On said
stock, until o'her funds be provided E., and II II
shall prove insufficient Al ANY uu,e. tnr General
Assembly vi provide other aud .ulirirnt funds
Tor that purpose.
>. 10 II iuftt enact D, That the norey so
TO BE- borrowed, sha be, aud the same i, hBleby
appropriated To purposes Of In orna lmpi owe
ment--that Is 10 sal 10 the Improvement of
The James i've from Richmond 10 lYnchhury
dollars 10 the Improvement OF said rlyer
aud 1aeksonS rivrr. be Ween Lynchbulg aud
C"'hEioh, dollars 10 make rund from
Frede, ,chshnrg 10 iNehmoud, dollars; 10
subscribe II stock IN Tue Petersburg Rt,l-
t|ead COMPANY, dol 'rs TO make II read
trom the ienaessee line, down the Valley of
Virginia, by Abingdon, Evnnsham, Christians
burg, IioCastle, Lexington, Slaunton. Harm.
sonhulg, Woodstock, Winchester, and CnarIp,
town 10 Hsrpcrs Ferry, dol}r,; TO
construct ii road ltum Point Pleasant, ln The
county of Mason, 10 lnt"isect the ktnawha
futnnke Ucar ChaIlesoHn. dollar, to
coasiinci a,ord Iom Manchester 10 Parktrs.
burg nn the O,lp river, dollars: 10 Con-
s'rael "A TOAD IRON The mouta oil Fishing ere, X
10 suit field, dollars TO make a road
from saau,on, hy Beverly ia the cuunty OF
Rhndoiph, to mt,rss. II the Winchester and
'"heisoa's la'i, dollars; To make II
road nom Fredericksburg 60 W,nrhestrr,
doll"is 10 make a TOAD from Richmond. by
Louisa courthouse, TO lIalrl,ouUurs IN the
county Of hockin Sh,m. del!ts % make
a road ir1m F'cdefivksbnrg to New market IN
the county al Shenandoah, do,L,,, Ia
open toad hom Union IN thp county of Aim.
zoe, by Logan eourt-hause, 10 the Ia, rs Of BIZ
sandy river, dullais; 10 u4c IMPROVEMENT
oil the Ne" ri'tr, or Upper X ,nawaa,
doars.
8. Br II further enacLed, That onp.f,urh
part of the sad several sums 81 apufon,i,t.d
shall be payable annually, eunimtnci.s with
Tue presea, year, at the treasury uftAe Com
,nouw ealth, on the war aut of the Second Al.
dItor, Tor mahl'e tie Improvements Hioresald
tue said several works To be dune aud executed
IN such mannrr Us shall lie prescribed by
law.
4. Be it further enacted, Tint The rpsidu,
! OF said sum Of Two III lion of dollar.. not an
! propt'l'ed by ihe provisions of tbii acr. sbal
ue unaed wan, aud constitute n uait OIL the dis
posabie Fund irr Internal Improvement and
may ee PpiopriAtd, m;tl,nc, IL time by III,
| Legislature, under ihe same rules and ,,1ula
uoas oy "hico npprort latinns from said nm,
are now governed; Provided, neyeith,I.ss
4bai the oeneTdi Assembly shall have author,