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Session Laws, 1947
Volume 411, Page 338   View pdf image (33K)
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338 LAWS OF MARYLAND. [CH. 221

and shall be drawn out only on checks signed by the Mayor
and countersigned by the Clerk of the Council, and the said
Clerk of the Council shall keep in a book for the purpose
a full registry of the bonds sold, the number of bonds and
name of the purchaser or purchasers, the amount realized
on the sale or sales and any transfers and assignments of the
same.

SEC. 4. And be it further enacted, That the funds realized
from the sale of the bonds as aforesaid shall be available
and shall be used exclusively for the purpose of first retir-
ing Eight Thousand Dollars ($8,000.00) of the bonds author-
ized by Chapter 283 of the Acts of 1931 still outstanding,
and the remaining part of the fund herein provided for shall
be available for improvement of the streets of said Town of
Kitzmillersville.

SEC. 5. And be it further enacted, That for the purposes
of retiring the said bonds authorized to be issued by this
Act, and the payment of the interest thereon, there shall be
levied against all the assessable property within the cor-
porate limits of the said Town of Kitzmillersville by the
Mayor and Council of said town annually, so long as any of
said bonds are outstanding and unpaid, a tax sufficient to
meet the interest, or any part of said interest, on said bonds
as it becomes due, and to pay the principal thereof as they
mature, said tax to be determined, levied, collected and paid
over in the same manner as provided for other taxes in said
municipality.

SEC. 6. And be it further enacted, That the bond issue
authorized by this Act shall be specifically exempted from the
provisions of Sections 35 and 36 of Article 31 of the Anno-
tated Code of Maryland.

SEC. 7. And be it further enacted, That on the first Tues-
day in May, 1947, there shall be a special election held in
the Town of Kitzmillersville, which election shall be held in
the same manner and under the same regulations as other
municipal elections held in said town, for the purpose of
submitting the question as to whether or not this Act shall
take effect, to all legal voters of said town who are qualified
to vote at a regular town election, and all ballots at said
election, shall have printed on them the words following, to
wit: "For Refunding and Street Improvement Bonds", and
"Against Refunding and Street Improvement Bonds", and
the qualified voters of said town desiring to vote on said
question at said election shall indicate their choice of said

 

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Session Laws, 1947
Volume 411, Page 338   View pdf image (33K)
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