| Volume 190, Page 1948 View pdf image (33K) |
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342 JOURNAL OF PROCEEDINGS [Mar. 5, * Commissioners, for the highest price they can procure for them in cash, but none shall be sold under their par value, and no commission shall be allowed for a sale or disposition thereof; and shall be sold as rapidly as the proceeds arising therefrom may be required to pay for; building a Court House and offices, and furnishing the same as hereinafter provided ; and when said County Commissioners shall have realized from the gale of said builds a sum sufficient to pay for the building and furnishing said Court House and offices, the bal- ance of said bonds, if any remain unsold, shall be cancelled and destroyed by said County Commissioners, and the said bonds, thus issued and sold, shall be free from all taxation. SEC. 3. And be it enacted, That the County Commissioners aforesaid shall, and they are hereby required, each and every year after the passage of this Act, and at the time and place of making a levy for county and State purposes, on the as- sessable property of Washington county, to levy and impose a separate and distinct tax upon the assessable property of said county, in amount suflicient to pay all the interest dur- ing the current year on all of the said bonds, and all the principal of the instalment of five thousand dollars of said bonds that becomes due next after the levying of said tax ; and the money arising from said tax shall be known as the Court House Fund, and shall be used by the said County Commissioners, for the exclusive purpose of paying off the principal and interest of the aforesaid bonds, in the man- lier aforesaid, until all of said b')nds and. interest shall have been paid, and the Li bonds redeemed, and that said tax shall be collected and accounted for, as all other County and State taxes are collected in Washington county by the Collector or Collectors of taxes for said county. SEC. 4. And be if enacted, That the County Commission- ers aforesaid, shall, and they are hereby required, to pay all and every draft drawn upon them by any person or persons engaged in building the Court House in Washington County, offices attached or belonged thereto, or furnishing the same ; Provided, the said draft or drafts are properly countersigned by the Commissioners, or a majority of them appointed by tills Act as hereinafter provided for, as well as to pay said Commissioner for their services and expenses, as herein-after provided for. SEC. 6. And be it enacted, That if said County Commis- sioners shall not be able to sell the aforesaid bonds to raise the necessary funds for the purposes aforesaid, as promptly as the same may be required, then the said County Commis- sioners are hereby directed to borrow so much money as may be necessary for the purposes aforesaid, on such terms as |
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Proceedings and Acts of the General Assembly, 1872
| Volume 190, Page 1948 View pdf image (33K) |
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