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Session Laws, 1933 Session
Volume 421, Page 257   View pdf image (33K)
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ALBERT C. RITCHIE, GOVERNOR. 257

been authorized by any law or laws of this State to
incur any indebtedness redeemable from the proceeds
of any general or special tax or other levy and which
said indebtedness is evidenced by notes or coupon bonds
maturing before June 1, 1935, to borrow upon its faith
and credit sums to pay said indebtedness and to issue
and sell short term notes therefor and providing for the
payment of said notes and the interest thereon out of its
general funds by a general tax levy on all taxable prop-
erty within its corporate limits.
WHEREAS, Certain of the various counties, municipal or
public corporations, "special districts and/or political sub-
divisions of this State have outstanding obligations evi-
denced by coupon bonds or notes due to mature before
June 1, 1935; and

WHEREAS, It may be desirable to refund the amount of
such maturing coupon bonds or notes and the interest
thereon temporarily through the issue and sale of other
notes, therefore.

SECTION 1 Be it enacted by the General Assembly of
Maryland, That each county in the State of Maryland
and each and every other municipal or public corpora-
tion, special district and/or political sub-division of
this State, except the Mayor and City Council of Bal-
timore, be and they hereby are authorized and em-
powered to borrow on the faith and credit of said
county or upon the faith and credit of such munici-
pal or public corporation, special district and/or political
sub-division of this State, as the case may be, such sum or
sums at any time and from time to time not later than
June 1, 1935, but not exceeding in the aggregate the
amount of the obligations, including the accrued interest
thereon, evidenced by coupon bonds or notes of such county,
municipal or public corporation, special district and/or
political sub-division of this State, as the case may be, as
they may deem necessary to provide money for the pay-
ment or refunding from time to time of all such obligations
so evidenced by coupon bonds or notes as may mature on
or after March 1, 1933, until June 1, 1935.

SEC. 2. And be it further enacted, That each such
county, municipal or "public corporation, special district
and/or political sub-division of this State, except the

 

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Session Laws, 1933 Session
Volume 421, Page 257   View pdf image (33K)
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