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Session Laws, 1933 Session
Volume 421, Page 21   View pdf image (33K)
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ALBERT C. RITCHIE, GOVERNOR. 21

SEC. 2. And be it further enacted, That this Act is here-
by declared to be an emergency law and necessary for the
immediate preservation of the public health and safety,
and having been passed by a, yea and nay vote, supported
by three-fifths of all of the members elected to each of the
two Houses of the General Assembly, the same shall take
effect from the date of its passage.

Approved, February 9, 1933.

CHAPTER 5.

AN ACT to authorize and empower the County Commis-
sioners of Anne Arundel County to borrow upon the
faith and credit of said County a sum not to exceed
Seven Hundred and Fifty Thousand Dollars ($750, -
000. 00) and to issue and sell coupon bonds therefor for
the purpose of providing funds to pay outstanding notes
of the County Commissioners of Anne Arundel County
evidencing the floating indebtedness of said County to
the extent of the proceeds of the sale of said bonds, and
providing for the payment of said bonds and the in-
terest thereon by a general tax levy on all the taxable
property within the limits of said County.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That the County Commissioners of Anne Arun-
del County are hereby authorized and empowered to bor-
row money on the faith and credit of said County and to
issue and sell coupon bonds therefor from time to time
in an amount not to exceed in the aggregate Seven Hun-
dred and Fifty Thousand Dollars ($750, 000. 00) in such
denominations and to bear such rates of interest, not ex-
ceeding five per centum (5%) per annum, as may be de-
termined by the said County Commissioners of Anne
Arundel County. Said bonds shall be dated as of the first
day of March, 1933, and the interest thereon shall be pay-
able semi-annually on the first days of March and Septem-
ber in each and every year until said bonds are paid;
said bonds, when issued, shall be signed by the President
of the said County Commissioners of Anne Arundel County
and shall be countersigned by the Clerk to said Commis-
sioners; the seal of said County Commissioners of Anne
Arundel County shall be affixed to each bond and the in-

 

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Session Laws, 1933 Session
Volume 421, Page 21   View pdf image (33K)
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