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Session Laws, 1912
Volume 370, Page 1532   View pdf image
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1532 LAWS OF MARYLAND. [Ch. 790]

ordinance passed by yeas and nays, specify the particular pur-
pose or purposes for which the indebtedness is to be created,
the amount, the rate of interest, and the manner of payment,
they shall then provide in said ordinance for submitting the
question of the creation of such debt to the resident taxpayers
of the town, at a special municipal election to be called by the
council for that purpose, notice of which shall be posted in
five conspicuous places in the town, and published in some news-
paper of general circulation therein once a week for three
weeks next preceding such election, the notice and publication
shall recite the ordinance and describe the indebtedness to be
created, the ballots shall be printed "For the Debt," and
"Against the Debt," if two-thirds of the resident taxpayers of
the town so voting at such election shall vote in favor of the
debt, and not otherwise, the council may incur such debt and
issue the amount of certificates of indebtedness so specified,
provided, that the payment of dog tax shall not constitute any
person a taxpayer within the intents of this section; and pro-
vided also that a residence of three months in said town shall
be necessary to qualify a taxpayer to vote under the provisions
of this section; the council may in addition issue special im-
provement bonds to pay for any work or improvement author-
ized by the charter in the manner following: They shall prepare
an ordinance specifying the nature and estimated cost of the
work of improvement, manner of payment by special improve-
ment bonds, specifically designating the property to be taxed
to pay for the same, and said ordinance may provide for an
extension of such work or improvement within specifically
described limits from time to time, to be paid by additional
issues of such bonds, and may provide that certain prescribed
parts of the work of improvement or certain percentage of its
cost shall be paid by the corporation providing for a vote of
the taxpayers, as heretofore prescribed in this section; said
proposed ordinance shall be posted in five conspicuous places
in the town, and published once a week for three weeks, with
a notice of a meeting by the council at the expiration of that
period to hear any persons that may object thereto; after such
hearing the council may if they deem proper pass such ordi-
nance, and shall thereafter submit the question of the issue of
such special improvement bonds to the resident taxpayers, with
such notice and publication and in such manner as herein-
before in this section provided; and if three-fifths of the resi-
dent taxpayers so voting at such election shall vote in favor
thereof, and not otherwise, the said ordinance shall become
operative, and the work of improvement specified shall be

 

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Session Laws, 1912
Volume 370, Page 1532   View pdf image
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