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 1416   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

1416 LAWS OF MARYLAND. [CH. 576
CHAPTER 576.
(Senate Bill 389)

AN ACT to authorize the Board of County Commissioners
of Dorchester County to borrow upon the faith and
credit of said County an amount not to exceed Twenty
Thousand Dollars ($20,000) for the purpose of estab-
lishing and equipping an airport in said County, to issue
its bonds, notes or other certificates of indebtedness
therefor and to levy taxes to pay the principal and inter-
est thereof, and providing that in the event no Federal
funds are made available for the construction of an
airport within two years from the date of this Act, then
said Act to become null and void.

SECTION 1. Be it enacted 'by the General Assembly of Maryland,
That the Board of County Commissioners of Dorchester
County, a body corporate of the State of Maryland, is
hereby authorized to borrow upon the faith and credit
of said County an amount not to exceed Twenty Thousand
Dollars ($20,000) and to issue and sell or negotiate its
bonds, notes or other certificates of indebtedness therefore,
said bonds, notes or other certificates of indebtedness to
be signed by the President of said Board of County Com-
missioners, countersigned by the County Treasurer and
sealed with the seal of said County. The proceeds of such
bonds, notes or other certificates of indebtedness, after
payment of costs of engraving and all other incidental
costs and expenses connected with the issuance or ne-
gotiations of the same, shall be used in connection with
any federal funds which may be made available to
establish and equip an airport in Dorchester County,
provided, however, that any amount obtained from
the issuance or negotiation of said bonds, notes or other
certificates of indebtedness not so expended for the es-
tablishing and equipping of said airport shall revert to the
County Treasury to be used for such County purposes
as the said Board of County Commissioners shall, in its
sound discretion, deem proper. Provided, however, that in
the event no Federal funds are secured within two years
after the effective date of this Act, then the provisions
of Sections 1 through 4 hereof shall become null and void.

SEC. 2. And be it further enacted, That the said bonds,
notes or other certificates of indebtedness shall be issued
in such denominations as shall be determined by said
Board of County Commissioners and shall bear interest

 

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 1416   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  October 06, 2023
Maryland State Archives