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Session Laws, 1912
Volume 370, Page 905   View pdf image
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PHILLIPS LEE GOLDSBOROUGH, ESQ., GOVERNOR. 905

signed by the President of the Board of Commissioners, and
countersigned by the clerk of said board; provided, however,
that said bonds shall not be sold for less than par or the face
value thereof.

SEC. 2. And be it enacted, That the proceeds of the sale of
the bonds hereby authorized to be issued shall be applied to the
repayment of the money heretofore borrowed to complete the
payment of the purchase money for said electric light and power
plant.

SEC. 3. And be it enacted, That if the said commissioners
of Thurmont should believe it to be to the interest and advant-
age of said municipal corporation to obtain said sum of three
thousand dollars by issuing the notes of said corporation signed
by the President of the Board of Commissioners, with the seal
thereof attached, attested by the clerk of said board, in amounts
of one hundred dollars, or multiplies thereof, each bearing
interest at the rate of five per cent, per annum payable semi-
annually, for an aggregate amount not exceeding the sum of
three thousand dollars, instead of issuing said bonds, they are
hereby authorized to issue such corporate notes.

SEC. 4. And be it enacted, That the said commissioners of
Thurmont are hereby required to levy all necessary taxes upon
the property within the taxable limits of Thurmont for the pay-
ment of the interest upon the bonds or notes hereby authorized
to be issued as well as for the payment of the said bonds or
notes at maturity, and shall create a sinking fund for that pur-
pose and levy the necessary taxes therefor.

SEC. 5. And be it enacted, That this act shall take effect
from the date of its passage.

Approved April 11, 1912.

CHAPTER 630.

AN ACT to pay James H. Nowell a certain sum of money for
damages done to the sloop "Maria" while on official duty.

SE-CTION 1. Be it enacted by the General Assembly of Mary-
land, That the treasurer of this State be and he is hereby
authorized and directed, upon the warrant of the Comptroller,
to pay to James H. Nowell the sum of one hundred and seventy-
five dollars ($175.00) for injuries done to the local guard
boat, the sloop "Maria" while on duty in the waters of Herring
Bay, said boat having been damaged by ice while guarding
the waters of said Herring Bay.

 

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Session Laws, 1912
Volume 370, Page 905   View pdf image
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