Sentinel of the valley. [volume] (Woodstock, Va) 1841-1848, 1846-04-09

company, and postpones the payment
Of the principal Of said debt so long as
said sum is paid.
An act concerning the securities of
Jerman Baker. Releases said securi-.
ties from the interest included. in the
judgments obtained against them by
the State, and suspends the issuing of
executions on said judgments till the
first. OF June next, upon each Of the
parties paying one fourteenth part in
money Of the amount of said judgment
with interest from the passage of the
act till payment. and the costs; or a
bond for such fourteenth part with in
terest and costs in two equal annual
instalments from the passage of the act.
An act to establish district free
schools tn the counties Of Lancaster,
Loudoun, Fairfax, and certain other
counties therein mentioned. The act
also embraces the counties Of King
George, Accomack, Northumberland,
Brooke, Jefferson, Henry, Frederick,
Kanawha, York, James City, and the
city Of Williamsburg.
An act approprla:ing certain sum
for the redemption of a part Of the pub
lie debt; appropriates S45,676 &C %
to redeem certificates Of 6 per cent.
debt issued by the old James River
Company, under acts passed 18th Feb
ruary, 1920, and 2Sth February, 1921,
amounting TO $4,000; for like certiG-
Gates under act of24ih February, 1923,
amounting to $9,316 66 2-3, and for
like certificates issued by the North
western Road Company under act Of
Goth January. 1889, amounting to 3d.
O6o. The act authorizes the holders
of the stock, if they prefer it, instead
of receiving the money, to exchange
their stocks for other certificates of
debt bearing five per cent. interest: and
in that case, the money appropriated is
to be applied to the redemption of an
equal amount of the certificates of debt
issued under act Of March 9Th, 1924,
allowing the holders Of that stock the
same privilege, and SO on IN like man
ner. The act requires the treasurer to
publish in certain papers the intention
of the Commonwealth to redeem SAID
debt.
An act imposing taxes for the sup
port of Government. Imposes the
same taxes that were imposed by the
act of the preceding year, with the
following exceptions: Pianos are now
taxed one and half per centum on
their value. Last year exhibitors OF
shows were taxed ten dollars for every
exhibition or performance sfor reward,
in this act The word sfor reward are O.
mitted. Last year there was tax on
exhibitors of shows of sixty dollars by
the year; this tax is omitted. Agen-
cies of insurance offices were restricted
last year sto The county where the a.
yency is Ioca,ed;' in this act the words
COR within ten miles of the location of
such agency are inserted. This year
the tax son money on hand or on de-
posi,e' is omitted. The tax on bank
dividends last year was two per cent;
It's now zone and one-fourth per cent.
The act contained last year the follow
ing clause: On every deed conveying
real estate in fee simple, for life, for a
term of years, or in trust, and upon
every deed Of trust or mortgage con-
yeying real or personal estate The
words quoted are omitted in this act,
and the tax is imposed on every deed
admitted to record. By this act the
sherias are required to discriminate in
making out their tax bills, so as to
show what tax is imposed by the Gen.
eraI Assembly, what by county court
on account Of county levies, and what
by the overseers of the poor for parish
levies. 50
An act supplementary TO, and amen
datory Of the act, entitled an act 10 au-
thorize the Baltimore and Ohio Rail-
road Company to complete their road
to the Ohio river, and for other purpo-
ses, passed February 18th, 1915. Al
laws the Company ten years from the
10Th March 1847, to complete their
railroad to the city of Wheeling, prosi-
ded they enter upon the extension
thereof within three years from the
passing Of this act. Gives them the
privilege of purchasing the Wincheste,
and Potomac railroad according to said
act passed February 10, 1916. The
taxing power resersedin the 9th Sec
ton Of said act is'not to be exercised,
until the nett income of the Baltimore
and Ohio Company shall exceed SIX
per cent,
At act to incorporate the Martins
burg manufacturing Company, and for
other purposes. Incorporates thccom-
pany Tot the manufacture Of cotton or
wool in the said town. Subject to the
regulations ofthe general law applica-
bfe to such companies. Capital not
less than $40. 600 nor more than $780,
oon a. X r,,soJ bv S,,hSc~iffiar, svif h