138
Amount.
Proviso.
Proviso.
Authorized
to issue bonds
Proviso
In force.
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LAWS OF MARYLAND.
crick and Buckeystown Turnpike Road Company,
and suck other Turnpike Road Companies, whose
roads have been constructed since the year eighteen
hundred and sixty-eight, or are mow in process of
construction in said county, for an amount of stock
in the case of each company not exceeding two-fifths
of its capital; prodded, that in accordance with arti-
cle three, section fifty-four, of the Constitution of the
State of Maryland, "this Act shall be published in
two or more newspapers printed in Frederick county
for two months before the next election of Members
of the House of Delegates, and shall also be approved
by a majority of all the members elected to each
House of the General Assembly at its next session
after said election;; and provided, further, that the
President of each Turnpike Road Company, to which
such subscription shall be made, shall furnish to the
County Commissioners a statement, under oath, that
three-fifths of the stock of said company has been
subscribed and fully paid up.
SEC. 2. And he it farther enacted, That the said
County Commissioners are hereby authorized to
issue the bonds of the county to the amount of the
stock subscribed, to each of said companies, and to
negotiate said bond, provided, they shall not be sold
less than par; and the said County Commissioners
are further authorized to levy upon the assess-
able property of the county an amount sufficient to
pay the annual interest upon said bond, and the
principal at maturity.
SEC. 3. Awl he it further enacted, That this Act
shall take effect from the date of its passage.
Approved March 28, 1872.
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