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The Maryland Code, Public Local Laws, 1888
Volume 390, Page 1014   View pdf image (33K)
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1014 DORCHESTER COUNTY. [ART. 10.

be necessary to pay the interest on the outstanding bonds issued,
by them, under the provisions of act of 1886, chapter 55, as the
same shall fall due; and in addition to the annual interest, they
shall levy and collect, each and every year, the sum of one thous-
and dollars, and after the year nineteen hundred and one, two
thousand dollars, to redeem said bonds, until they shall all be
redeemed; and this money so levied shall be invested as directed
by section 130, and shall not be diverted or used for any other
purpose.

1886, ch. 55.

130. They shall invest the said amounts annually levied in
the purchase of bonds issued under said act of 1886, chapter 55,
or in United States bonds, or deposit the same in some interest-
paying savings institution or bank, as they may deem for the best
interest of the county; but they shall always purchase the bonds
of the county when offered at par or a premium realized on said
bonds at their sale, in preference to such other investments, com-
mencing in the order of their maturity; and when any of said
bonds shall have been purchased, they shall be destroyed by the
clerk of the county commissioners, in the presence of said com-
missioners, and a memorandum of the fact, and the class, number
and amount of said bonds shall be made on the record of pro-
ceedings of said commissioners.

1888, ch. 480.

131. They are authorized and empowered, provided a majority-
of them deem it wise and proper, to build a bridge over Trans-
quakin river at Bestpitch Ferry landing, with a suitable draw,
for the passage of boats navigating the waters of said river in
said county.

Ibid.

132. If a majority of said county commissioners should decide
to build or construct said bridge, they are authorized and directed
to advertise at least four times in two of the newspapers of said
county for sealed proposals to build or construct said bridge, and
shall give the contract to the lowest responsible bidder, who shall
be required to give bond and security, to be approved by them.

 

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The Maryland Code, Public Local Laws, 1888
Volume 390, Page 1014   View pdf image (33K)
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