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The Annotated Code of the Public General Laws of Maryland, 1939
Volume 379, Page 1363   View pdf image (33K)
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DEBT—PUBLIC 1363

and any such municipality shall levy a tax upon all the assessable prop-
erty within the limits of said municipality sufficient to pay the principal
and interest on any of such bonds as the same shall mature, in ;each and
every year that any of said bonds are outstanding, provided, however, that
the amount of said tax so levied in any one year shall be reduced by the
amount of any such special assessments, fees, rents, tolls or other charges
collected by said municipality from said public works projects and pledged
by said municipality for the payment of the bonds so issued pursuant
to the provisions of Section 17, sub-paragraph (b) of this subtitle.

Any holder of the bonds of the municipality issued pursuant to this
sub-title shall have the right, subject to any contractual limitations binding
upon such holder, and subject to the prior rights of others, by mandamus
or other suit, action or proceeding at law or in equity, to enforce his
rights against the municipality, and the governing body of the munici-
pality and any officer, agent or employee of the municipality, including
the right to require the municipality and the governing body and any
proper officer, agent or employee of the municipality to assess, levy and
collect taxes and special assessments, and to fix and collect fees, rents,
tolls or other charges adequate to carry out any agreement as to, or pledge
of such special assessments, fees, rents, tolls, or other charges, and to
require the municipality and the governing body of the municipality and
any officer, agent or employee of the municipality to carry out any other
covenants and agreements and to perform its and their duties under
this sub-title.

1933 (Special Sess.), ch. 30, sec. 11. 1936 (Sp. Sess.), ch. 84. 1937, ch. 367. 1939, ch. 579.

20. The powers conferred by this sub-title shall be in addition and sup-
plemental to the powers conferred by any other law, and bonds, interim
certificates or other obligations may be issued hereunder for any project
notwithstanding that any other law may provide for the issuance of bonds,
interim certificates or other obligations for like purposes and without
regard to the requirement, restrictions or other provisions contained in any
other law. Bonds may be issued under this sub-title notwithstanding any
debt, or other limitation prescribed by any other law, and the mode and
method of procedure for issuance of bonds under this sub-title need not
conform to the provisions of any other law. Any proceedings heretofore
taken under any other law by any municipality relating to the subject
matter of this sub-title, may be continued under such other law or under
this sub-title, or at the option of the governing body may be discontinued
and new proceedings instituted under this sub-title. Except in pursuance
of any contract or agreement theretofore entered into by and between
any municipality and any Federal agency, no municipality shall borrow
any money or issue any bonds pursuant to the provisions of this sub-title
after June 1, 1941. It is the purpose of this sub-title to enable municipali-
ties to secure the benefits of any agency of. the Federal Government en-
gaged in a works program, to encourage public works, to reduce unemploy-
ment and thereby to assist in the. national recovery and promote the public
welfare, and to these ends municipalities shall have power to do all things
necessary or convenient to carry out said purpose in addition to the express
powers conferred in this sub-title; this sub-title is remedial in nature and
the powers hereby granted shall be. liberally construed.1

1 Sec. 2 of ch. 579, act of 1939, reads as follows:
SBC. 2. It is hereby declared to be the legislative intent and purpose by this Act to
extend and continue in full force and vigor until June 1, 1941, each and all of the pro-


 

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The Annotated Code of the Public General Laws of Maryland, 1939
Volume 379, Page 1363   View pdf image (33K)
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