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LAWS OF MARYLAND.

Chapter 299.

AN ACT to authorize and empower the County

Commissioners of Garrett county to fund cer-

tain indebtedness of the "Board of County

School Commissioners of Garrett county," by

issuing bonds therefor, and by levying a tax

upon the assessable property of said county to

pay the same.

WHEREAS the Board of County School Commis-

sioners of Garrett county has at various times

become indebted in certain sums of money for the

purpose of maintaining its schools, and providing

Preamble.

school houses for the said county, which said sums

of money are now due from and owing by said

county; and whereas it is desirable to provide by

law for the gradual liquidation of the said in-

debtedness; therefore —

SECTION 1. Be it enacted by the General Assembly

of Maryland, That the County Commissioners of

Garrett county be and they are hereby authorized

and empowered, in their discretion, to issue the

bonds of said county to an amount not exceeding

Issue bonds
of county.

the sum of seventeen thousand dollars, in sums of

not less than one hundred and not more than one

thousand dollars each, and all of the said bonds to

be signed by the president of said board of county

commissioners, and countersigned by the clerk of

said board of county commissioners, whose duty

it shall be to affix to each and every.bond so issued

the seal of the said board; and said bonds shall

Bonds bear

bear interest at a rate not to exceed six per cent.

Interest,

per annum, payable semi-annually on the first days

of June and December respectively until the said

bonds are paid; and the interest coupons attached

to said bonds shall be received (if tendered) by

the collector of taxes for said county in payment

of county taxes due from the holder thereof.

SEC. 2. And be it enacted, That the said bonds

shall be sold by the County Commissioners of

Bonds— how
gold.

Garrett county aforesaid to the highest bidder for

cash, at not less than their par value.