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1876.] OF TIE HOUSE OF DELEGATES. 121?
Also, delivered,
The bill entitled an Act to authorize, if in their discretion
they shall deem the same proper, the County Commissioners
oi Harford county to issue bonds, the proceeds of which to
be used for the purpose of paying the debt now due by the
Board of County School Commissioners of said county,
Endorsed: "Passed by yeas and nays with proposed amend-
ments:"
AMENDMENTS PROPOSED.
Strike out all after the words "a bill," and insert "enti-
tled an Act to authorize and empower the County Cornmis-
sioners of Harford county, in their discretion to issue bonds
for the purpose of funding certain indebtedness of the Board
of County School Commissioners of Harford county, and to
levy a tax for the payment of the same.
Section 1. Be it enacted by the General Assembly Mary-
land, That the County Commissioners of Harford county, be
add they are hereby authorized, in their discretion, to issue
bonds to an amount not exceeding twenty-five thousand dol-
lars, in Hums of not less than one hundred nor more than one
thousand dollars, each to be signed by the President of the
Board of said County Commissioners, and countersigned
by the Clerk of said Board; said bonds to bear six per
cent., payable semi-annually on the first day of April,
and on the first day of October, in each and every
year, during which the said bonds may run and re-
main unpaid, and the coupons for interest on said bonds shall
be recoverable by the Collectors of taxes for said county in
payment for county taxes; provided, that said bonds shall
be sold at public sale to the highest responsible bidder for
cash, four weeks prior notice of time and place of sale having
been given by advertisements in eaid county, and also, pro-
vided, that said bonds shall be free of county taxes.
Sec. 2. And be it enacted, That said bonds shall be issued
to mature at such dates as shall not require the payment in
any one year of more than $4.000 of the principal sjim there-
of, and shall be redemable at the pleasure of the said County
Commissioners at or before their maturity, but none of said
bonds shall be issued to mature before the 1st day of April,
1878.
Sec. 3. And be it enacted, That to redeem said bonds, the
County Commissioners of Harford county shall annually levy
upon the assessable property of said county, a tax sufficient
to pay the interest thereon and the principal of such portion
as may mature in each and every year after the date of their
issue, and shall be designated as "School Fund;" provided
that interest on said bonds shall cease after maturity.
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