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Session Laws, 1904
Volume 209, Page 103   View pdf image
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EDWIN WARFIELD, ESQ., GOVERNOR.

103

of Cumberland, provided, that at the next city election after

 

the passage of this Act to be held in said City of Cumberland,

 

there shall be placed upon the ballot used the words "For a

 

paid fire department," and "Against a paid fire department,"

 

and if a majority of the legal voters voting upon said question

 

shall vote for a paid fire department said bonds shall issue,

 

and if a majority shall vote against said paid fire department,

 

then said bonds shall not issue.

 

SEC. 2. And be it enacted, That said bonds shall be denomi-

 

nated Fire Department Bonds of Cumberland, Maryland, and

Payment of
bonds.

the interest thereon shall be payable semi-annually on the

.

first day of April and October in each and every year said

 

bonds may remain unpaid, and shall be issued in denomina-

 

tions of one hundred dollars each, to be signed by the Mayor

 

of said city, sealed with its corporate seal attested by the

 

signature of the City Clerk, and dated the first day of October,

 

1904, and the coupons for the interest on said bonds shall

 

be receivable by the collector of taxes for said city in payment

 

of city taxes, and said bonds shall be exempt from all county

 

and municipal taxation.

 

SEC. 3. And be it enacted, That said bonds shall bear interest

Interest on

at the rate of four per centum per annum and said bonds shall

same.

be so issued that a series amounting to five thousand dollars

 

shall mature and become payable on the first day of October,

 

1906, and the balance in series amounting to five thousand

 

dollars eacli. shall mature and become payable on the first

 

day of October in each and every year thereafter until the

 

whole amount shall become due and payable.

 

SEC. 4. And be it enacted, That the Mayor and City Coun-

Providing f«r

cil of Cumberland shall provide at each levy for a sum sufficient

a levy.

to pay the interest on said bonds as the same shall fall due.

 

and also such further and additional sums as may be required

 

to retire and redeem said bonds as they mature and become

 

payable.

 

SEC. 5. And be it enacted, That the Mayor and City Coun-

 

cil of Cumberland are hereby empowered to pass such ordi-

Ordinance to

nances in establishing said fire department and appropriating

establish fire

the proceeds of said bond issue for said purpose as thev may

department.

deem necessary.

 

SEC. 6. And be it enacted, That this Act shall take effect

 

from the date of its passage.

 

Approved March 15, 1904.

 


 
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Session Laws, 1904
Volume 209, Page 103   View pdf image
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