6
Amount.
Proviso
Proviso.
Publication.
Approval.
Authorized
to issue bonds
Proviso.
Authorized
to levy tax.
In force.
|
LAWS OF MARYLAND.
erick county be and they are authorized and em-
powered, in their discretion, to subscribe for stock in
said company, for such sums of money as shall not
exceed two-fifths of said capital stock, and provided
farther, that the President of said company shall file,
under oath, a statement with the County Commis-
sioners that three-fifths of said capital stock has been
subscribed and fully paid up; provided, also, that in
accordance with the provisions of article third of sec-
tion fifty-four of the Constitution, this Act shall be
published in the newspapers printed in Frederick
county, for two months before the next election for
members of the House of Delegates, and shall be ap-
proved by a majority of all the members elected to
each House of the General Assembly, at its next ses-
sion after said election.
SEC. 2. And If 'it enacted, That the County Com-
missioners of the said county are hereby authorized
to issue the bonds of the county, to the amount of the
stock so subscribed, and to negotiate the same, pro-
vided they shall not be sold less than par; and the
County Commissioners are authorized to levy upon
the assessable property, an amount sufficient to pay
the annual interest, and principal of said bonds at
maturity.
SEC. 3. And he it enacted, That this Act shall take
effect from the day of its passage.
Approved February 12, 1872.
|
CHAPTER 5.
AN ACT to amend the Charter of the Manor Min-
ing and Manufacturing Company, passed at Jan-
uary session, eighteen hundred and fifty-three,
chapter one hundred and sixty-six.
SECTION 1. Be it enacted by the General Assembly of
Maryland, That the Act to incorporate the " Manor
|
|