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Session Laws, 1878
Volume 399, Page 572   View pdf image (33K)
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672

LAWS OF MARYLAND.

 

therefrom one at a time, without looking into said

 

box, and the first twenty-two names drawn, with the

 

foreman previously appointed, shall constitute the

 

Grand Jury, and the remaining twenty-five names
shall constitute the Petit Jury for said term of said

 

court.

In force

SEC. 2. And be it enacted, That this act shall take

 

effect from the date of its passage.

 

Approved April 1, 1878.

 

CHAPTER 370.

 

AN ACT to provide a sinking fund for the pay-

 

ment of the bonded debt of Dorchester county.

 

SECTION 1. Be it enacted by the General Assembly

 

of Maryland, That the County Commissioners of

 

Dorchester county be and they are hereby authorized

Provide sink-

and directed to levy each year upon the tax-payers

ing fund.

of Dorchester county the sum of two thousand dol-

 

lars, in addition to the ordinary expenses of said

 

county, to provide a sinking fund for the payment
of the bonded debt of said county.

 

SEC. 2. And be it enacted, That such levy shall

 

be made until said bonded debt is discharged and

Proceeds-

cancelled, and the proceeds shall, under the direction

how applied.

of said County Commissioners, be applied either to

 

the purchasing and cancellation of the outstanding

 

bonds of the county, or invested in first mortgage
or prior judgment lien on real estate in Dorchester

 

county, of, at least, double the assessed value of the

 

investment made, as the said County Commissioners

 

may find most favorable to the interests of said

 

county, and to no other purpose whatever; but the

 

said commissioners shall always purchase the bonds

 

of the county at a price not exceeding par when the

 

same are offered, in preference to investing said

Bonds to be

moneys raised as aforesaid ; and when any of said

destroyed.

bonds shall have been purchased they shall be de-



 
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Session Laws, 1878
Volume 399, Page 572   View pdf image (33K)
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