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Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 2895   View pdf image (33K)
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36

LAWS OF MARYLAND.

Mutant;

SEC. 2. And be it enacted, That these additional

 

bonds shall be issued to mature at such dates as shall

 

not require the payment in any one year, of more

 

than tive thousand dollars of the principal sum

 

thereof, and not until after the maturity of all the

 

bonds issued under said original act.

 

SEC. 3. And be it enacted, That the authority

Authority to
levy and collect
special tax con-

vested in said County Commissioners, by the third
section of the said original act, to levy and have col-

tinuedl

lected a special tax for the payment of the interest

 

and principal of said bonds, is hereby given to and

 

continued in them to provide for the payment of the

 

sidditional bonds authorized by this act, and to be

 

exercised in the same manner, as is provided in said

 

section, for the security and payment of the bonds

 

therein provided for, and the funds raised for the

 

payment thereof, shall form part of said "Court

 

House and Jail Fund."

 

SEC. 4. And be it enacted, That if the said County

Borrow money
thereon

Commissioners, are unable to sell these additional

 

bonds, as soon as the proceeds are required, they

 

may borrow money thereon, and refund the same

 

when the said bonds can be sold, and to sell the same

 

in the same manner, as they are authorized to do

 

with the original bonds.

In force

SEC. 5. And be it enacted, That this act shall take

 

effect from the date of its passage.

 

Approved, February 26, 1874.

 

CHAPTER 41.

 

AN ACT for the relief of the Bank of Commerce,

 

cancelling three thousand eight hundred shares in

 

the capital stock thereof, representing a portion

 

of its assets, and reducing the par value of all other

 

shares in its capital stock.

Authorized to

SECTION 1. Be it enacted by the General Assembly of

cancel stock

Maryland, That the Bank of Commerce, be, and they



 
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Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 2895   View pdf image (33K)
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