WM. PRESTON LANE, JR., GOVERNOR. 2021
granted, the County Commissioners of Montgomery County
I hereinafter sometimes referred to as the County), be and
it is hereby authorized and empowered: (a) to acquire by
purchase, gift, devise or bequest, sites for county schools, and
to enlarge or improve such sites and to construct, alter, en-
large, improve, develop or extend existing county schools, and
to construct new school buildings and purchase the physical
equipment necessary or incident thereto and to purchase, con-
struct or otherwise acquire any other buildings or equipment
other than schools considered necessary for educational pur-
poses; (b) to acquire by purchase, gift, devise or bequest
rights of way for county roads and to lay out, open, construct,
improve, extend and replace county roads, streets, highways,
culverts, viaducts and bridges; (c) to contribute toward the
cost of highway projects of the Maryland State Roads Com-
mission located in Montgomery County; (d) to enlarge, re-
new, replace, alter and improve existing county public build-
ings and to acquire by purchase, gift, devise or bequest sites
for and to construct or otherwise acquire new buildings to
be used for any legal governmental or municipal functions;
(e) and provided further that the county may contract or
covenant with the government of the United States and of
the State of Maryland and with any commission, board, dis-
trict or authority for the purpose of carrying out the powers
conferred by this Act, including the method of financing in
whole or in part the projects authorized in this Act.
SEC. 2. And be it further enacted, That in order to exercise
the authority granted in Section 1 of this Act, the County is
hereby granted the power and authority to borrow money and
incur indebtedness at any time and from time to time prior
to December 31, 1948, not exceeding seven million dollars
($7,000,000.00) in the aggregate of which sum not more than
five millions dollars ($5,000,000.00) shall be used for schools,
not more than one million five hundred thousand dollars
($1,500,000.00) shall be used for roads, streets, highways, cul-
verts, viaducts and bridges and not more than five hundred
thousand dollars ($500,000.00) shall be used for all other pur-
poses authorized by this Act and to evidence said borrowing
by the issuance of serial coupon bonds upon such terms and
conditions as the County Commissioners of Montgomery
County may prescribe or agree upon. Any such bonds may
be issued pursuant to the authority of this Act and for the
purposes hereinabove enumerated at any time or from time
to time hereafter, the authority herein contained to be con-
strued as a continuing one until December 31, 1948, not ex-
hausted at any time in the exercise thereof within said limits
and prior to said date. The provisions governing the bonds
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