clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
Session Laws, 1947
Volume 411, Page 1306   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

1306 LAWS OF MARYLAND. [CH. 537

and for equipping said High Schools in such a manner as
may be deemed necessary and proper. To La Plata, Hughes-
ville, Glasva and Nanjemoy High Schools shall be allocated
from the proceeds of said bond issue an amount not to
exceed $619,000. to be used for making such additions,
alterations and improvements to and for equipping said
High Schools in such a manner as may be deemed necessary
and proper. In no event may the said amount so borrowed
be used for any other purposes than are hereinbefore
set out.

SEC. 2. And be it further enacted, That said bonds
shall be issued in such denominations as shall be deter-
mined by the said County Commissioners, and shall bear
interest at a rate to be determined by said Commissioners,
not in excess of four per cent. (4%) per annum. The
issue of said bonds must comply strictly with the provi-
sions of Sections 35 and 36 of Article 31 of the Annotated
Code of Maryland (1939 Edition), said bonds shall be
exempt from all State, county and municipal taxation, and
shall have printed on them a distinct reference to the Act
authorizing their issuance.

SEC. 3. And be it further enacted, That the County
Commissioners of Charles County be and they are hereby
authorized and directed to levy each year so long as said
bonds are outstanding and not paid a tax sufficient to
redeem the same at their maturity and to pay the interest
thereon, the proceeds of said tax to be kept in a special
fund and in no case to be used for any other purpose. In
case such bonds shall be issued in any year after the
making of the regular levy for that year, then said Com-
missioners are authorized and directed to pay any and all
interest coming due before the next levy out of any other
funds in its disposal and to levy at the next succeeding
levy, to reimburse such other funds.

SEC. 4. And be it further enacted, That the County
Commissioners of Charles County be and they are hereby
authorized and empowered to do all acts and things neces-
sary to issue and sell said bonds, to have the same regis-
tered if necessary, and to do all things necessary to carry
out the purposes of this Act, even though the same may
not be specifically mentioned herein or in any other Act
relating to said County.

SEC. 5. And be it further enacted, That the ultimate
determination of whether or not said bonds shall be issued

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1947
Volume 411, Page 1306   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  November 18, 2025
Maryland State Archives