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Session Laws, 1884 Session
Volume 424, Page 136   View pdf image (33K)
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136

LAWS OF MARYLAND.


Chapter 91




AN ACT to authorize and empower the County Com-


missioners of Calvert county to borrow money on


the credit of the county for the purpose of com-


pleting the payment of the rebuilding, enlarging


or improving and otherwise repairing the court


house and public offices in said county, to issue


bonds for the payment of the same, and to levy


taxes on the assessable property of the said county


to redeem said bonds and to pay the interest thereon.


SECTION 1. Be it enacted by the General Assembly


of Maryland, That the county commissioners of Cal-

Borrow money

vert county be and they are hereby authorized and

on the credit of

empowered to borrow money on the credit of the

the county.

county for the purpose of completing the payment of


rebuilding, enlarging, improving and otherwise repair-


ing the court house and public offices in said county ;


and for the purpose of paying for said repairs as afore-


said, the said county commissioners are hereby author-


ized to borrow on the credit of the county such sum


or sums of money as may be necessary, not exceeding

Issue coupon

in all the sum of fifteen hundred dollars, and to issue

bonds.

bonds or coupon bonds therefor, in sums of not less


than one hundred dollars nor more than five hundred


dollars, to be signed by the president of the board of


said commissioners, and to be countersigned by the


clerk to the said board of said county, and have the


corporate seal of said commissioners affixed thereto,


bearing interest not exceeding six per centum per an-


num, payable annually on the first day of June in


each year after their issue, and until the same are


paid; provided that said bonds shall not be disposed


of by the said commissioners for less than their par


value.


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


county commissioners are hereby authorized and em-

Levy annually
to pay interest.

powered to levy annually on the assessable property


of said county a tax sufficient to pay the annual in-


terest on said bonds; and shall also levy, when neces-


sary, for such sums as may be requisite to pay principal


of said bonds as the same may accrue when due; said


levy to be designated on the records of the office of said



 
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Session Laws, 1884 Session
Volume 424, Page 136   View pdf image (33K)
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