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Session Laws, 1937
Volume 412, Page 563   View pdf image (33K)
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HARRY W. NICE, GOVERNOR. 563

intersections, which shall be borne by the Town, the assess-
ment to be in proportion to the number of assessable front
feet owned, abutting on the street or improvement.

Such assessments when made shall constitute a tax lien
upon such abutting property, with priority over all liens re-
corded after the passage of this Act, and shall bear interest at
the rate of six per centum per annum, and the principal of
such assessments shall be payable in twenty equal semi-annual
installments from the date of said assessment, and at the time
of the payment of each of said installments there shall be due
and payable the interest on such installment and on the bal-
ance of the principal then unpaid, and the owner or owners of
any property assessed or anyone on his or their behalf shall
at any time have the right to anticipate by payment all in-
stallments, with interest to date, of the assessment not then
due, and any assessment or part thereof remaining due and
unpaid shall be enforced and collected by the Mayor and Com-
mon Council of Edmonston in the same manner as town taxes
are enforced and collected now or hereafter prescribed and
required by law.

And the Treasurer of said Town is charged with the custody
of any moneys received from the sale of said bonds or certifi-
cates of indebtedness, as above mentioned, and with the prompt
collection and safe keeping of the moneys derived from assess-
ments for roadbeds, sidewalks, curbs, gutters and street im-
provements, including drainage and grading, which last said
funds shall be kept as a separate account and fund, and no
part thereof shall be used for any other purpose than to
liquidate the bonds or certificates of indebtedness, and interest
thereon, issued hereunder, which bonds or certificates, when
paid, shall be cancelled and kept and filed among the records
of said town, and should the treasurer of said town ever
divert the use of any of said street improvement fund, he shall,
upon conviction, be fined not more than one Thousand dollars
($1, 000) or imprisoned for a term not exceeding two years, or
be both fined and imprisoned in the discretion of the Court.

SEC. 7. That all Acts of any public general or public local
laws inconsistent with the provisions of this Act be and the
same are hereby repealed to the extent of such inconsistency,
and should any section or part thereof of this Act be declared
unconstitutional, the said section or part thereof shall be
deemed and taken to be severable from the balance of said
Act, and all the balance of said sections or parts of sections,
and all the balance of said Act shall be and remain as a valid
and subsisting Act.

SEC. 8. And be it further enacted, That the provisions of
this Act shall not become effective until the same shall be sub-

 

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Session Laws, 1937
Volume 412, Page 563   View pdf image (33K)
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