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Code of the Public Local Laws of Maryland, 1930
Volume 377, Page 1817   View pdf image (33K)
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CARROLL COUNTY. 1817

thousand dollars ($5,000) ; and, from time to time, to issue the obligations
of the said Burgess and Commissioners of New Windsor in the form of
bonds or certificates of indebtedness for the payment thereof, but so that
the aggregate amount thereof at any one time outstanding and unpaid
shall not be in excess of said sum of five thousand dollars ($5,000).

1922, ch. 117, sec. 3.

292. For the purpose of paying the interest and the principal of said
bonds or certificates of indebtedness so from time to time issued under
the provisions of this Act, when and as the same may mature, the said
Burgess and Commissioners of New Windsor is hereby authorized and
empowered and directed to use the net income arising from the operation
of said electric plant, after providing for the expenses of any necessary
betterments, extensions, renewals and repairs; and the said Burgess, and
Commissioners of New Windsor is hereby authorized and empowered
annually, after the issue of any of such certificates of indebtedness, or
bonds, to levy on the taxable property of said town a special tax not
exceeding fifteen cents on the one hundred dollars as shall be necessary
in its discretion for the proper payment .of the principal and interest of
said certificates of indebtedness or bonds, when and as the same may
become payable; and any surplus from said tax shall be invested in some
safe form as a sinking fund for the payment of said debt.

1922, ch. 117, sec. 4.

293. Every such bond or certificate of indebtedness issued under the
provisions of this Act shall be redeemable1 at par and accrued interest at
any time after the expiration of ten years from the date thereof, unless
an earlier maturity is provided by the terms thereof.

1922, ch. 117, sec. 4A.

294. Nothing in this Act contained is intended or shall be taken or
construed as relieving the Burgess and Commissioners of New Windsor
from any and all provisions of Chapter 180 of the Acts of the General
Assembly of Maryland of 1910 known as the Public Service Commission
law, or any amendments thereto.

STREETS.

1922, ch. 148, sec, 1.

295. The Burgess and Commissioners of New Windsor, in Carroll
County., in the State of Maryland, is hereby authorized and empowered
in its discretion, from time to time, to enter into a contract or agreement
with the State of Maryland, acting through the State Roads Commission
of Maryland, or otherwise, howsoever, and any person or persons and body
corporate, for the laying, construction or building, either in co-operation
or alone, through or upon any of the public streets and highways of the
town of New Windsor, in Carroll County aforesaid, any part, either in
length or in width, of any public street and highway inclusive of kerb

 

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Code of the Public Local Laws of Maryland, 1930
Volume 377, Page 1817   View pdf image (33K)
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