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The Annotated Code of the Public General Laws of Maryland, 1939
Volume 379, Page 1033   View pdf image (33K)
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COUNTY COMMISSIONERS 1033

to bear and the time when payable. Any landowner in the district not
wanting to pay interest on the bonds may, within fifteen days after the
publication of said notice, pay to the county treasurer the full amount for
which his land is liable, to be ascertained from the classification sheet and
the certificate of the board showing the total cost of the improvement, and
have his lands released from liability to be assessed for the said improve-
ment ; but such land shall continue liable for any future assessment for
maintenance or for any increased assessment authorized under the law.

An. Code, 1924, sec. 105. 1912, sec. 81V. 1912, ch. 656, sec. 22.

106. At the expiration of three weeks after publication of notice of bond
issue, the Board of Drainage Commissioners may issue and sell bonds of
the drainage district for an amount equal to the total cost of the improve-
ment less such amounts as shall have been paid in in cash to the county
treasurer, plus an amount sufficient to pay interest on the bond issue for
the three years next following the date of issue. These bonds shall bear
interest, payable semi-annually, and shall be paid in ten equal instalments.
The first instalment of principal shall mature at the expiration of three
years from the date of issue, and one instalment for each succeeding year'
for nine additional years. The commissioners may sell these bonds at not
less than par and devote the proceeds to the payment for the work as it
progresses and to the payment of the interest on said bonds for the three
years next following the date of issue and to the payment of the other
expenses of the district provided for in sections 85-111. The proceeds from
such bonds shall be for the exclusive use of the levee or drainage district
specified on their face, and shall be numbered by the Board of Drainage
Commissioners and recorded in the drainage record, which record shall set
out specifically the lands embraced in the district on which the tax has not
been paid in full, which land is to be assessed as hereafter provided. If
any instalment of principal or interest represented by the said bond shall
not be paid at the time and in the manner when the same shall become due
and payable, and such default shall continue for a period of six months the
holder or holders of such bonds or bonds upon which default has been made
may have a right of action against said drainage district or the Board of
Drainage Commissioners of said district, wherein the Court may issue a
writ of mandamus against the said drainage district, its officers, including
the tax collector and treasurer, directing the levying of a tax or special as-
sessment as herein provided, and the collection of the same, in such sums as
may be necessary to meet any unpaid instalments of principal and interest
and cost of actions; and such other remedies are hereby vested in the holder
or holders of such bond or bonds in default as may be authorized by law;
and the right of action is hereby vested in the holder or holders of such bond
upon which default has been made, authorizing them to institute suit
against any officer on his official bond for failure to perform any duty im-
posed by the provisions of sections 85-111. The official bonds of the tax
collector and county treasurer shall be liable for the faithful performance of
the duties herein assigned them. Such bonds may be increased by the Board
of County Commissioners at their discretion.

An. Code, 1924, sec. 106. 1912, sec. 81W. 1912, ch. 656, sec. 23.

107. The Board of Drainage Commissioners shall advertise for bids
for the construction of the improvement either as a whole or in parts to


 

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The Annotated Code of the Public General Laws of Maryland, 1939
Volume 379, Page 1033   View pdf image (33K)
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