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ELIHU E. JACKSON, ESQUIRE, GOVERNOR.
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111
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CHAPTER 129,
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AN ACT to repeal and re-enact with amendments section three,
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of chapter sixty, of the acts of assembly, passed at the January
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session eighteen hundred and eighty-four, entitled an act to
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incorporate the young men's republican club of Baltimore city.
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SECTION 1. Be it enacted by the General Assembly of Maryland,
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That section three, of article sixty, of the acts of assembly,
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passed at the January session eighteen hundred and eighty-four,
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entitled an act to incorporate the young men's republican club of
Baltimore city, be and the same is hereby repealed and re-enacted
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Report
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so as to read as follows :
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SEC. 3. And be it enacted, That the said corporation shall have
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the power of receiving subscriptions, donations, devises and be-
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quest of money, or real or personal property, in trust or other-
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wise, and of purchasing or otherwise acquiring or holding, leas-
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Powers.
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ing, mortgaging, selling or otherwise dealing with and disposing
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of such property, to be applied by it to the objects of its incor-
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poration, not to exceed the sum of fifty thousand dollars.
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SEC. 2. And be it enacted, That this act shall take effect from
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Effective.
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the date of its passage.
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Approved March 27, 1890.
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CHAPTER 130.
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AN ACT to provide for the purchase or construction of water-
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works for the town of Frostburg, in Allegany county, and to
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authorize the mayor and councilmen of said town to issue bonds
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to pay the costs thereof.
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SECTION 1. Be it enacted by the General Assembly of Maryland,
That for the purpose of furnishing the inhabitants of the town
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of Frostburg, in Allegany county, with an adequate supply of
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good water, the mayor and councilmen of said town are hereby
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authorized and empowered to issue coupon bonds of said town to
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an amount not exceeding forty thousand dollars, which said bonds
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Coupon
bonds
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shall be signed by the mayor and clerk of said town, and attested
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with the corporate seal thereof, and shall be denominated "Frost-
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burg water bonds," and bear interest not exceeding six per centum
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per annum payable semi-annually, to be issued in denominations
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not exceeding five hundred dollars, and to be payable at a time
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not exceeding thirty years after their date, and redeemable at the
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pleasure of the corporation at any time after five years from their
date.
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