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Session Laws, 1912
Volume 370, Page 978   View pdf image
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978 LAWS OF MARYLAND. [Ch, 655]

by reason of the diminished flow of water in said creek the
power obtained from said water was insufficient to properly
light the streets of said town and the houses and places of
business of its citizens, and it has been found that an addi-
tional or auxiliary power has been and may again become
necessary; now, therefore,

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the said Commissioners of Thurmont be and they
are hereby authorized, in case they should find the same nec-
essary, to purchase and install an engine of suitable character
and of sufficient horsepower, or some other appropriate power,
to be used in connection with and as auxiliary to said water
power, to generate electricity in sufficient current and quantity
to furnish the necessary light, heat and power required for the
use of said Town of Thurmont, its citizens and industries, and
the said the Commissioners of Thurmont, as a municipal body
corporate, are authorized to borrow an amount not exceeding
the sum of four thousand dollars to pay for the purchase and
installation of such engine or other appropriate power.

SEC. 2. And be it enacted, That if the said the Commis-
sioners of Thurmont should purchase and install such engine,
or other appropriate power, as an auxiliary to said water power,
and incur an obligation therefor, they are hereby authorized
to issue the bonds of said municipal corporation or its corporate
notes for the amount necessary to be borrowed to pay the cost
of such auxiliary power and its installation, for an amount not
exceeding four thousand dollars in the aggregate, and in denom-
inations of one hundred, dollars each, bearing interest from
date at the rate of five per cent, per annum, payable semi-
annually, and if the said Commissioners of Thurmont should
issue bonds for the amount so borrowed, they shall be of the
same form, tenor and effect as the bonds authorized to be issued
by said Act of 1910, Chapter 9, and if they should issue notes
instead of bonds, each note shall be for the amount of one hun-
dred dollars or a multiple thereof, and for such time as may
be agreed upon between said Commissioners of Thurmont and
the person or persons loaning the money, signed by the Presi-
dent of the Board of Commissioners, with the corporate seal
attached, attested by the clerk of said board.

SEC. 3. And be it enacted, That before this act shall become
operative to authorize the said the Commissioners of Thurmont
to incur an obligation thereunder or issue such bonds or notes,
the question shall be submitted to the qualified voters of Thur-

 

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Session Laws, 1912
Volume 370, Page 978   View pdf image
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