|
1574 PRINCE GEORGE'S COUNTY. [ART. 17.
county at the same time, nor shall the county commissioners upon
any pretext be empowered to pay more than six hundred dollars
for any one year's printing or publishing.
1868, ch. 330.
96. The county commissioners shall lay their annual levy for
State and county taxes on or before the last Monday in March in
each and every year.
1888, ch. 351.
97. They are authorized and empowered to issue coupon
bonds to an amount not exceeding twenty-five thousand dollars,
in sums of not less than one hundred dollars nor more than one
thousand dollars, to be signed by the president of said board of
county commissioners and countersigned by the clerk thereof, and
under the corporate seal of said commissioners, bearing interest at
the rate of five per cent, per annum, payable annually on the
first day of July in each year; and the coupons on said bonds,
when they become due, shall.be received by the treasurer of said
county in payment of county taxes.
Ibid.
98. Said bonds shall be payable as follows: Five thousand
dollars thereof in five years from their date, and five thousand
dollars thereof in ten years, and five thousand dollars in fifteen
years, and ten thousand dollars in twenty years, until the whole
of said bonds are paid.
Ibid.
99. The county commissioners are authorized and required to
sell said bonds to the best advantage to the highest bidder for
cash at a public letting thereof to be held by said county commis-
sioners ; provided, however, that they shall not sell any of said
bonds for less than par; and provided, also, that the premium, if
any, derived from the sale of said bonds shall be devoted to the
payment of the interest thereon.
Ibid.
100. The money arising from the sale of said bonds shall be
used for the payment of the current expenses of said county
provided for by the annual levy of the county commissioners of
|