January 26, 1864
Passed January 26, 1864.
Be it enacted by the Legislature of West Virginia:
1. The supervisors of the several counties of the State are hereby (Supervisors authorized to borrow money.) authorized, from time to time during the war, to borrow money in their corporate names, for such time and on such terms as may be agreed upon, for the purpose of providing for the support and relief of the families of living and deceased soldiers of their respective counties; and to issue for such loans notes, bonds, or certificates, signed by their president or clerk, with or without interest coupons attached; and to levy on the taxable property of their respective (And to levy tax on property.) counties so many cents on every hundred dollars of the value thereof as they may deem necessary adequately to provide for the payment of the principal and interest of such loans.
2. Such loans may be ordered or agreed upon and such levies (Meeting of board for that purpose.) made at any stated or special meeting of the board; but if a special meeting be called for the purpose, at least seven days' notice of the time, place and object thereof must be given to the supervisors constituting the board.
3. It shall be lawful for any bank or branch to make such loan, and (Banks authorized to loan.) to be discount or purchase any such note, bond or certificate, through the same be not payable within six months.
Timeline of West Virginia: Civil War and Statehood: January 1864