HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.
![handle is hein.slavery/ssactsva0685 and id is 1 raw text is: LOANS TO STATE.-PUILIC DEBT.
ber one thousand eight hundred and fifty-tince ; and the auditor of pub-
lic accounts is hereby authorized nnd required to issue his warrants in
the same mannor as if the sums had boon specifically mentioned, sub-
joect to such exceptions, limitations and conditions as the general assem-
bly may doem it proper to annex and prescribe by law : Provided, That
nothing in this act containcd shall be so construed as to authorize,tle
auditor of public accounts to issue a warrant or warrants in satisfaction
of any judgment or decree of any court of law or equity against the
commonwoalth for a sam exceeding three hundred dollars, without a
Smeats special appropriation by law.
mltaryinstutut, 3. Be it further enacted, That the payments to the military institute
deaf dumbbtind for support, to the lunatic asyltums for support, and transportation of pa-
andi Iunati
asylums tbo tionts, and to the institute for the deaf and dumb and blind for support,
quarterly, shall be made quarterly in advance.
Commencement. 4. This act shall be in force from its passage.
Cntr. 21.-An ACT to authorize the Board o1' public works for u. limited tim
to loan money to the commonwealth.
It'asoed March 31, 1852,]
Loan fromloard 1. Be it enacted by the general assembly, That it shall be lawful for the
of public works Board of public works to loan to the commonwealth, without interest,
to state. any money which the said board may have in possession, and which
Whcn to be paid. they have not an immediate occasion to use : to le returned or paid to
the said board in thie months of Juno and ]ecmber, from the revenues
of the current fiscal year.
Aetrepealednfler 2. Tile provisions of this act shall not he construed to authorize such
let Jnnuary 1851.a loan after the first of January eighteen hundred and fifty-four, nor
the extending of any loan beyond that day, but this act shall expire
and stand repealed on that day.
Commencement. 3. This act shall be in force'from its passage.
Cmtir. 22.-An ACT to anmend the second section of the act aathorizing the
issue of coupon bonds.
[iPassed lay 25,1852.]
Secondsectionof 1. Be it enacted by the general assembly, That the second section of
act concerning the act passed the twenty-ninth day of March eighteen hundred and
coupon bonds
nmended. fifty-one, entitled ,' am act authorizing the issue of coupon ])onds, be
SeeActs 1850-31, re-enacted and amended, so as to read as follows: The certificates is-
P. 6.
Cortfe of .sued for the money so borrowed shall be signed by tile second auditor,
stock, how an. countersigned by the treasurer, sealed with the seal of the state, be
thenticated, pay. made payable to the holder thereof, or, at the option of tle persons to
able. traner, whom they are issued, le made payable and transferable in the manner
now provided by law, and shall purport that the principal will le pay-
able by the commonwealth at a clay named therein, not more than thir-
Coupons of inte. ty-fotr years fron the respective dates of such certificates. Coupons of
tace e atocectill. interest in such form, and evidenced iu such inatiner as the said board
cates. may prescribe, and transferable by delivery, shall be attached to the
Transferable by certificates, and the certificates and coupons attached thereto slitill be
delivery, paal place
Stuck an tcon-. payable at such places in the United States or elsewhere as the said
aiewhere, pay. or
pons oard shall direct, subject, when payable elsewhere than at the treasury
Code, p. -.13 of this state, to such of the provisions of the sixty-seventh chapter of
tile Code of Virginia as relate to the borrowing of money in Europo;
Amount of certi. but no such certificate shall be issued for less than five hundred dollar,4
fleate limited.
Certificatesmny or more than five thousand dollars: Provided, That certificates for mo-
botssuedwlthont ney authorized to le borrowed under this act may, at the option of time
Couon~Is. persons to whom they are issued, be in the form prescribed i the sixty-
Limitonamount. seventh chapter of the Code of Virginia, and may be for sums less thl
Not to be sold five hunhre dollars. No certificate authorized by this act shall be sold
under par. for less than the suni appearing on its face to be owing from the state.
Commencement. 2. This act shall be in force from its passage.](ViewImageLocal?handle=hein.slavery/ssactsva0685&div=1&collection=&method=preview&ext=.png&size=3)