The free lance. (Fredericksburg, Va.) 1885-1926, 1909-04-15
sssseripiiss g.ss Per Year. in Advaac'
THURSDAY, APRIL 10, 1909.
sporsYLyANIABoND ELECTION

persistent reference TO the subject.
The law, under which the elecsion
on May 18th next will be held, is
Chapter 30, Acts Of 1908, page IL.
After requiring the court TO issue
an order for an election upon petit
tion OF a majority of the supervisors
OF upon petition OF fifty stockhOld-
ers, she Act saye:
'sThe APPROXIMATE location,
length and widths OF such roads as
is proposed 30 maeadamiz ID or per
manently improved to be named in
the order"
The amount OF bonds to be issued
In any magisterial district cannot
exceed 10 per cent of the taxable
values in said district.
In order that the bond issue OF
$50, 900 for CORTLAND district and
$40. 900 for Chancellor shall carry IL
IL necessary that ga majority of the
qualified voters OF the county voting
upon the question, and also that
majority OF the qualified voters OF
district or districts, in which the
roads are to be built or permanently
improved, voting on the question
shall be in favor, or rather vote in
favor, OF said bond issue"
II the bond issue carry, the Board
OF Supervisors shall issue the bonds
and shall have written orprinted in
said bonds the following sentence:
"Tbese bonds are issued for
Magisterial District and tax Is to
be levied on she property OF said dis
trict to pay the interest on them and
to create a sinking fund sufficient In
amount TO pay them upon ma
turity."
The above shows that no tax will
be levied on any other district than
the one for which the bonds are is
sued TO meet interest and sinking
fund.
To strengthen this, Section = OF
the law says:
AFTER issuing such bonds. when
the next levy is made, or tax i'm
posed in said county, a tax shall be
levied on all property liable so State
tax in SUCH MINISTERIAL DIS
TRICT in which she proceeds OF she
bonds have been or are to beexpend-
edto pay theinterest on the bonds 80
Issued, and to create "a sinking fund
to redeem the principal thereof az
maturity"
And to further safeguard the dis
tricts not issuing bonds the law also
says:
SHOULD for any reason she county
10 any way have TO assume any pay
ment on account OF said bond issue,
esther interest or principal, It is
hereby provided shat the Board OF
Supervisors shall levy such tax In
said magisterial district Chat Is the
one issuing bonds) as may be neces-
sary to deiray the amount assumed
by the county"
Section 8 OF the Law says: "The
local road authorities Of the county
Tin the case Of Spotsylvania a road
commission composed OF four free
holders appointed by the Circuit
Court shall apply 80 the State High
way Commissioner for or SHALL
employ competent road engineer,
whose selection shall be approved by
the State Highway Commissioner, to
make plans and specifications OF all
roads or bridges to be built or per
manently improved from the pro-
ceeds OF such bond issue, and to
SUPERVISE THE BUILDING OF
SAME, and shall let the work to
contract to the lowest responsible
bidder, after due advertisement"
The act further provides that 1C
per cent OF the contract price shall be
retained until 80 days after the
work is completed and opened to the
public and that the contractor shall
comply with all reasonable regula
tlons and directions OF the highway
commission.
Under the Spotsylvania county
special law, Acts 1908, page 600,
bonds are issued the court must ap
point board Of four freeholders tt
handle the proceeds OF same. The,
shall only receive pay while sctua
work Is being done, said pay is fixet
by the court and cannot exceed 500
per year to the chairman and S27:
per year TO she other three members
They must give bond equal to th
amount coming into their hands 70
faithful performance OF their duties
and Section 8 OF the law provides
upon the completion OF their work
and In any event once in every 81,
months, the board shall make a re
port 10 the Board Of Supervisors O
the county, showing the location
length and width OF the roads as i'm
proved under their direction, an,
such reports shall be filed and KEEP
open for inspection by the clerk c
the Circuit Court of the county.