1666 ARTICLE 6.
Commissioners it shall be his duty to collect and all other sums of money
that may be received by him for the use of said corporation.
1914, ch. 833, sec. 10.
434. The Treasurer shall be appointed from among the citizens of said
town qualified to vote for Commissioners, and before entering upon the
duties of his office shall give bond to the State of Maryland with good and
sufficient surety to be approved by the said Commissioners in such penalty
as the said Commissioners shall prescribe, conditioned for the faithful
performance of the duties of the office of Treasurer to the said corporation
of Preston, and that he will well and faithfully receive, account for and
disburse all moneys placed in his hands or received by him for the use of
said corporation, and shall well and truly pay over to his successor in
office or to the order of said Commissioners, signed by their Secretary and
countersigned by their President, all said moneys and shall perform all
other duties of his office according to law and the ordinances of said
Commissioners; he shall keep full and correct accounts of all moneys
received by him with the sources from which the same were received and
the dates of such receipts and of the disbursements made by him with the
dates of such disbursements and the person or persons to whom, and on
what account the same were made.
1914, ch. 833, sec. 11.
435. Whenever the Commissioners of Preston think the public interest
requires it, they may cause an assessment to be made of all property in the
town, real, personal and mixed, which is subject to assessment for County
and State taxes, under the General Laws of this State whether the owners
thereof reside within or without the town; and they may prescribe the
manner in which such assessment shall be made and provide for hearing
appeals and adjusting all differences in valuation and disputes in relation
to such assessment; make transfers and abatements and do all other acts
and things necessary for making and completing such assessment; and may
provide for the annual assessment of property not included in the last
general assessment. The last assessment made prior hereto shall be charge-
able, with taxes levied for the use of the corporation until a new assess-
ment shall be made; and the Commissioners may provide by ordinance for
an increase or abatement of any erroneous assessment and for the encour-
agement of a new industry they may exempt in whole or in part the assess-
ment upon any property, machinery or tools belonging to a manufacturing
corporation, individual or individuals for such period of time as they
may determine, not exceeding ten years.
1914, ch. 833, sec. 12.
436. The Commissioners may, in the month of June, levy annually,
general taxes on the property in said corporation assessed as aforesaid, not
exceeding fifty cents on every one hundred dollars of the assessed value
thereof, which shall be a lien on al] said property, real, personal and
mixed, of the taxpayers of said town respectively until paid, and interest
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