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Session Laws, 1947
Volume 411, Page 1351   View pdf image (33K)
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WM. PRESTON LANE, JR., GOVERNOR. 1351

ment), as amended by Section 8 of this Act, to provide for
restrictions and limitations upon the use of such fund and
the monies distributed therefrom and to provide annual
detailed reports by the State Roads Commission to the Gov-
ernor with respect to the funds used by it for the main-
tenance and operation of the State highway system and for
other maintenance and for certain other expenses of the
State Roads Commission, and to authorize the State Roads
Commission to retain private professional assistance in
connection with work and duties performed by it under
said sub-title; to amend Section 30 of said Article 89B
of said Code (1939 Edition), title "State Roads", sub-
title "Grade Crossings", relating to the payment of
the State Roads Commission's share of any damages
recovered by adjacent property owners affected by any
grade crossing elimination, to amend Section 44 of said
Article 89B of said Code (1939 Edition), title "State
Roads", sub-title "Duties and Powers", relating to the duty
of the State Roads Commission to maintain all State roads
and bridges, to amend Section 48A of said Article 89B
of said Code (1939 Edition), title "State Roads", sub-title
"Duties and Powers", as amended by Chapter 964 of the
Acts of 1945, assenting to the provisions of certain Acts
of Congress providing for Federal aid for the construc-
tion of State roads, and empowering the State Roads Com-
mission and the various subdivisions of government in the
State to do any and all acts and things necessary or de-
sirable to obtain the benefit of such Federal aid; to add
ten new sections to said Article 89B of said Code (1939
Edition), title "State Roads", under a sub-title "State
Highway Construction Bonds", to be known as Sections
147G to 147P, both inclusive, of said Article 89B, to follow
immediately after Section 147F of said Article 89B of said
Code (1943 Supplement), authorizing the issuance by the
State Roads Commission of State Highway Construction
Bonds up to $100,000,000 principal amount, the interest and
principal thereof to be paid from the proceeds of the excise
tax on the issuance of certificates of title of motor vehicles
provided for in Section 25A of Article 66 1/2 of said Code
(1943 Supplement), as amended by Chapter 47 of the Acts
of 1945 and as amended by Section 7 of this Act, and from
the State Roads Commission's share of the Gasoline Tax
Fund provided by Section 242 of said Article 56 of said Code
as amended by Section 2 of this Act, subject, however, to the
pledge of such fund to the servicing of bonds issued under
the provisions of Sections 140A to 140M, both inclusive, of
said Article 89B of said Code (1943 Supplement), to the
servicing of bonds issued under the provisions of Sections

 

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Session Laws, 1947
Volume 411, Page 1351   View pdf image (33K)
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