Volume 96, Page 777 View pdf image (33K) |
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1900.] OF THE SENATE. 777 paid by him on his commission as Judge of the Orphans' Court for said county under reappointment by the Gov- ernor In the year 1896." Which was read the second time. Also, favorably, Rouse bill entitled "An Act to provide for the further publication of the Archives of Maryland." Which was read the second time. Also, favorably, with jroposed amendment, Senate bill No. 31, entitled "An Act to appropriate a sum of money to pay for building, renewing, repairing and equipping work shops In the Maryland Penitentiary." AMENDMENT PROPOSED. "An Act to provide for the Issue of S150,000 Maryland State bonds, to be used for the purpose of baildiug, re- newing, repairing and equipping work shops in the Mary- land Penitentiary, and for other purposes in connection with the completion of said institution." Section 1. Be It enacted by the General Assembly of Maryland, That for the purpose of building, renewing, repairing and equipping work shops in the Maryland Pen- itentiary, and for other purposes In connection with the completion of said Institution, a loan be and the same Is hereby created, to be called the "Penitentiary Loan:' to the amount of one hundred and fifty thousand dollars, and the said loan hereby created shall, in all Its parts, bear interest at a rate to be paid by the Governor, the Comptroller of the Treasury and the Treasurer • of this State, or a majority of them, not to exceed 3.65 per cen- tam per annum, payable on the first days of January and July in each and every year, and the said loan and eiery part thereof, and the Interest payable thereon, shall be and remain exempt from any State, county and municipal taxation, and the principal amount of the said loan shall be redeemable at the pleasure of the State of Maryland after the first day of July, In the year 1910. "Sec. 2 And be it enacted, That the Governor, Comp- troller of the Treasury and the Treasurer, or a majority of them, be and they are hereby authorized and directed to have prepared proper certificates of indebtedness of this State in good and sufficient form to the aggregate |
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Volume 96, Page 777 View pdf image (33K) |
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