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PRANK BROWN, ESQUIRE, GOVERNOR.
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559
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portions of streets as are hereinafter named that have not
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been graded and macadamized, viz : North Mulberry street,
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South Mulberry street, Salem avenue, Lee street, between
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Potomac and Mulberry, Prospect street, North street,
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Wayside avenue, Winter street, Fair Ground avenue,
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James street, Green lane, Alexander street, George street,
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Norway avenue, Antietam street, Church street, Bethel street,
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West Franklin street, Broadway avenue, Mary Ann street,
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South Potomac street, Jackson lane, Valentine street, LeRoy
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street, Jefferson street, Baltimore street, Frederick street,
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Forest street, Cook street, and Mechanic street, and war-
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rants for the expenditure of the same shall be drawn by the
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board of street commissioners as provided in section one
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hundred and sixty-seven of this article.
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205 B. To provide for borrowing the money as authorized
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by the preceding section, the mayor and council are
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Empow-
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empowered to issue bonds in such denomination as they may
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ered to
issue
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determine ; said bonds to be signed by the mayor and attested
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bonds.
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by the clerk to the mayor and council with the seal of the
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town attached, and registered in a book to be kept by the
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said clerk and to bear interest at the rate of four per centum
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per annum payable on the first days of January and July in
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each and every year, until the principal of said bonds is
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paid ; said bonds to be sold at public auction at such times
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and in such amounts as shall be requested of the mayor and
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conucil by the board of street commissioners, provided
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that the whole amount of said bonds issued shall not exceed
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sixty thousand dollars in addition to the bonds already issued,
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and said bonds shall not be liable to county and municipal
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taxation.
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205 C. And to provide for the payment of said bond as
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authorized by section two hundred and five B, as they shall
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To levy
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mature, and for the payment of the annual interest thereon
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a tax.
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there shall be levied by the mayor and council anunally, for
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three years, an amount sufficient to pay the interest on the
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said bonds so issued ; and at the expiration of three years
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there shall be levied annually, by the mayor and council an
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amount sufficient to pay the interest on the debt, and two
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thousand dollars of the principal thereof ; and the mayor and
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council shall thereafter pay annually two thousand dollars
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of the principal of said debt, and the said bonds when issued
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shall be made to fall due so as to be payable as herein
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provided.
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205 D. Said bonds when signed by the mayor and attested
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by the clerk as directed in section two hundred and five B,
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Said bonds
to be
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shall be handed over to the tax collector who shall receipt
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handed
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for the same, which receipts shall be filed and safely kept
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over to tax
1 collector.
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