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Session Laws, 1912
Volume 370, Page 174   View pdf image
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174 LAWS OF MARYLAND. [Ch. 91]

bid for by the highest responsible bidders are in excess of the
whole amount of the bonds or certificates so offered for sale,
such bonds or certificates of indebtedness shall be awarded such
highest responsible bidders bidding the same price in a rata
ble proportion. In case for any reason said advertisement fot
bids shall not be made at the time hereinbefore specifically pro-
vided, then the Governor, Comptroller of the Treasury and
Treasurer, or a majority of them shall as promptly as con
veniently possible fix some other time for the publication of said
advertisement, and some other date for the receipt of bids, and
shall give notice thereof by advertisement published twice a
week for four successive weeks in two newspapers published in
the City of Baltimore as above provided. In case any of said
bonds or certificates so offered for sale are not bid for, or if
any insufficient price be bid for them, they may be subsequently
disposed of under the direction of the Governor, Comptroller
of the Treasury and Treasurer, or a majority of them, at a
private sale upon the best terms they can obtain for the same
provided they shall not be sold at private sale for less than par
and accrued interest. The County Commissioners of this State
and the Mayor and City Council of Baltimore are directed t"
levy the State taxes for the year 1913, and annually thereafter,
at the rate of 3/4 of one cent on each one hundred dollars of
assessable property, until the principal and interest of said
bonds or certificates shall have been paid, to be collected accord-
ing to law, to meet the interest and create a sinking fund for
the redemption of said loan.

SEC. 7. And be it further enacted, That this act shall take
effect from the date of its passage.

Approved April 4, 1912.

CHAPTER 91.

AN ACT to repeal and re-enact with amendments sections 127
and 129 of Article 93 of the Code of Public General Laws
of Maryland (1904), title "Testamentary Law," sub-title
"Distribution."

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That sections 127 and 129 of Article 93 of the Code of
Public General Laws of Maryland (1904), title "Testamentary
Law," sub-title "Distribution," are hereby repealed and re-en-
acted with amendments so as to read as follows:

 

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Session Laws, 1912
Volume 370, Page 174   View pdf image
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