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Session Laws, 1949
Volume 590, Page 1375   View pdf image (33K)
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WM. PRESTON LANE, JR., GOVERNOR. 1375

municipal electric lighting and power system of Centreville
shall be made under the provisions of this sub-title, the pro-
ceeds arising therefrom shall be used by the Town Com-
missioners in the following order and manner:

(a) To pay all expenses and charges incident to said
sale, lease or contract to supply electric current.

(b) To pay all outstanding bonds and indebtedness of the
electric light, heat and power system of the Town.

(c) To pay all other bonds and outstanding indebtednesses
of the Town.

(d) To invest any and all of the balance after paying
such items as are set forth in the sub-sections (a), (b) and
(c) and use the income derived from said investments in
paying:

1st. The cost of lighting the streets of the Town.

2nd. For the general running expenses of said Town and
for any improvements that the Town Commissioners may
desire to make.

107. (Special Election. ) Before Sections 104, 105, and
106 of this sub-title pertaining to the sale, lease or connec-
tion for supply of electric current of the municipal electric
light, heat and power system in the Town shall become effec-
tive, the Town Commissioners shall submit the question of
selling, leasing or connecting said electric light, heat and
power system to the qualified voters of said Town at a
special election to be called by the Town Commissioners.
The ballots shall be prepared by the Town Commissioners
and shall have printed on them a condensed form of the con-
tract of sale, lease or connection, as the case may be, of the
municipal electric light, heat and power system.

Printed on the ballots shall also appear the word "For
Sale of Plant", "For Lease of Plant", or "For Connection
of Plant", as the case may be, with a blank square opposite
the right of said words, and immediately thereunder shall
be the following words, "Against Sale of Plant", "Against
Lease of Plant", or "Against Connection of Plant", as the
case may be, with a blank square opposite the right of said
words. And the voter shall indicate his choice by making
a cross (X) in one of said blank squares.

If an affirmative vote of two-thirds (2/3) of the qualified
voters of the Town (this shall not be taken to mean two-
thirds (2/3) of those voting) cast upon said question shall
be "For Sale of Plant", "For Lease of Plant" or "For Con-

 

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Session Laws, 1949
Volume 590, Page 1375   View pdf image (33K)
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