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1935 Cumulative Supplement to the Annotated Code of the Public General Laws of Maryland
Volume 378, Page 391   View pdf image (33K)
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DEBT—PUBLIC. 391

fined to its operation to the specific provisions so held unconstitutional or
invalid, and the inapplicability or invalidity of any section, clause or pro-
vision "of this sub-title in any one or more instances shall not be taken to
affect or prejudice in any way its applicability or validity in any other
instance.

1933 (Special Sess. ), ch. 30, sec. 13.

22. This sub-title may be known and cited as "The Public Works
Act. "

1933 (Special Sess. ), ch. 30, sec. 14.

23. In so far as the provisions of this sub-title are inconsistent with
the provisions of any other law, the provisions of this sub-title shall be
controlling.

1935, ch. 393

24. Any municipality as defined by this sub-title shall have the power
and is hereby authorized to contract debts or to borrow money and to issue
and sell its negotiable bonds therefor in order to provide funds for any
public works project, as defined in paragraph (e) of Section 9 of this
sub-title in connection with any Act of the Congress of the United States
of America, which provides assistance in the construction of such public
works whether such assistance consists of making a grant of money to
said municipality, a loan thereto, or some other method of financing the
construction of the public works contemplated.

Refunding of Indebtedness.

1983, ch. 153, sec 1. 1883 (Special Sess. ), ch. 25, sec 1.

25. Each county in the State of Maryland, and each and every other
municipal or public corporation, special district and/or political sub-
division of this State, except the Mayor and City Council of Baltimore,
are authorized and empowered to borrow on the faith and credit of said
County or upon the faith and credit of such municipal or public corpora-
tion, special district and/or political sub-division of this State, as the
case may be, such sum or sums at any time and from time to time not
later than June 1, 1935, but not exceeding in the aggregate the amount
of the obligations, including the accrued interest thereon, evidenced by
coupon bonds or notes of such county, municipal or public corporation,
special district and/or political sub-division of this State, as the case may
be, as they may deem necessary to provide money for the payment or
refunding from time to time of all such obligations so evidenced by coupon
bonds or notes as may mature on or after March 1, 1933, until June 1,
1935; and to provide money to reimburse its treasury for any funds
derived from its general revenues and not levied for or dedicated to the
payment of any such obligation which shall have been advanced after
March 1st, 1933, and until June 1st, 1935, for the payment of any such
obligations so evidenced by coupon bonds or notes.


 

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1935 Cumulative Supplement to the Annotated Code of the Public General Laws of Maryland
Volume 378, Page 391   View pdf image (33K)
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