A SPECIAL FLECTION shall be held m the Town ol Dillwyn. Vir- | fitnia. on March 10th. 1053, pur-; suant to and in accordance with an order made by the Circuit Court ol' Uie County of Bucking ham m order to submit the ques tion whether Lite qualified voters; shall approve the issuance of bonds of said Town of the aggre gate principal amount of $130,000. bearing interest at a rate which: shall not exceed four per centum I <4r; > per annum, payable semi annually. and maturing serially; on September 1 in each year as, follows, viz.: $2,000 in the year 1954. $3,000 in each of the years, 1955 and 195(5. $4,000 in each ol the years 1957 to 1959. inclusive. $5,000 in each of the years I960 to 19G3. inclusive, $(5,000 in each of the years 1904 to 1908. inclusive $7,000 m each of the years 1909 to 1974. inclusive. $8,000 in the year 1975, and $10,000 in the year 1976 Said bonds shall be issued under and in compliance with the provisions of Claflse ibi of Section 127 of the Constitution of Vir ginia. and. subject to the condi , turns prescribed by said clause. ; shall not be included in determ in ; ins Uie limitations of the power of the Town of Dillwyn to incur indebtedness. Said bonds hall be general obligations of the Town ol Dillwyn and shall be issued I upon the credit of said Town. In the discretion ol the Council any one or more of the bonds may be made redeemable prior to its maturity upon terms and con ditions stated in -such bond or |bonds In the event chat bonds shall be issued, the Town Council pro poses to contract and agree with | the purchaser of said bonds, and with each person, firm or corpora tion which may hereafter become the holder of any of said bonds or any of the interest coupons representing interest p a y a b 1 e thereon, that, until all of said bonds have been fully paid and discharged in accordance with i their terms > 1 ■ said Town will 'collect rates or charges for water or other services furnished by I such combined water supply and I sanitary sewer system and >2' such rates or charges shall be lixed and maintained at a level which will produce sufficient revenue under the requirements of Clause 'b> of Section 127 of the Constitution of Virginia, to pre vent said bonds from being in cluded in determining the limita tion of the power of said Town to incur indebtedness, that is to ay. sufficient revenue to pay for the cost ol operation and administra tion of such combined system < in cluding interest on bonds issued therefor i and the cost of in surance against loss by injury to persons and property and an an nual amount to be covered into i sinking fund sufficient to pay. it or before maturity, all bonds issued to fmalice such combined system and < 3 > the revenues which the Town derives from such combined system, shall, to the extent necessary, be applied to the payment of such cost of ope ration and administration and to | the payment of such annual 1 amount and 14 > in order to give \ guarantees for the faithful ob servance of such stipulations, said j Town shall segregate and keep j segregated, from all oilier funds. ; all revenue derived by the Town from its operation and ownership | of such combined system The polling place for said spec ial election shall be in the Barnes Lumber Company Office in the Town of Dillwyn. The ixills for said special election shall be opened at 6:30 o’clock, A. M. (Eastern Standard Time) and shall be closed at 6:30 o'clock. P. M. 'Eastern Standard Time.) By order of the Circuit Court !of Buckingham County.

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