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Session Laws, 1937
Volume 412, Page 491   View pdf image (33K)
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HARRY W. NICE, GOVERNOR. 491

hereby validated and legalized and declared to be valid obli-
gations of said Montgomery County.

SEC. 8. And be it further enacted, That this Act is declared
to be an emergency law and necessary for the immediate pres-
ervation of the public health and safety, and being passed by
a yea and nay vote, supported by three-fifths of all the mem-
bers elected to each of the two Houses of the General Assem-
bly, the same shall take effect from the date of its passage.

Approved May 18, 1937.

CHAPTER 258.

AN ACT to authorize and empower the Board of County Com-
missioners for Frederick County to borrow money upon the
faith and credit of said County, to an amount not to exceed
three hundred thousand ($300, 000), dollars and to issue and
sell coupon bonds therefor, a portion of the proceeds thereof
to be used for constructing and equipping and purchasing a
site for a Public High School Building in Frederick City and
for constructing and equipping a colored elementary school
in Frederick City and any balance remaining for improve-
ments and additions to public school buildings in Frederick
County, and to levy on the assessable property in Frederick
County such taxes as may be necessary for the payment of
the bonds hereby authorized to be issued and the interest
thereon as it becomes due; and to provide for the non-is-
suance of said bonds or a part thereof under certain condi-
tions.

SECTION 1. Be it enacted ly the General Assembly of Mary-
land, That the Board of County Commissioners for Frederick
County in order to provide the necessary funds to construct
and equip and purchase a site for a Public High School
Building in Frederick City and for constructing and equip-
ping a colored elementary school in Frederick City
and to make improvements and additions to public school
buildings in Frederick County as may be deemed necessary, is
hereby authorized and empowered to borrow money on the
faith "and credit of Frederick County to an amount not to ex-
ceed three hundred thousand ($300, 000. 00) dollars, and to
issue and sell coupon bonds on the faith and credit of
said county, in an amount not to exceed three hundred thou-
sand ($300, 000. 00) dollars, par value, to be dated July 1, 1937,
and to mature serially as hereinafter set forth; said bonds, to
be issued in such denominations as said Board shall determine

 

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Session Laws, 1937
Volume 412, Page 491   View pdf image (33K)
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