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Session Laws, 1896 Session
Volume 475, Page 309   View pdf image (33K)
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LLOYD LOWNDES, ESQUIRE, GOVERNOR.

account of all receipts and disbursements to be kept in a book
or books kept for that purpose, and its treasurer shall exhibit
to the General Conference of the Methodist Protestant Church
at each regular session of such Conference a full and accurate
report of the state of the accounts of said corporation.

Approved April 2, 1896.

CHAPTER 193.

AN ACT to authorize the County Commissioners of Kent
county to provide for the building of a Public School
House in Chestertown, and to issue bonds to pay for the
same, and to levy an annual sum to pay such bonds and the
interest thereon as they mature.

309

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the County Commissioners of Kent county are
hereby authorized and directed to borrow on the credit of said
county, an amount not exceeding ten thousand dollars, and to
issue coupon bonds therefor, in sums of not less than one hun-
dred dollars, to be signed by the president of said Board of
County Commissioners and countersigned by the clerk thereof,
and under the corporate seal of said commissioners, bearing
interest at a rate not exceeding five per centum per annum
payable semi-annually, on the first day of July and on the first
day of January, of each year, which bonds shall be exempt
from all county and municipal taxation, and the due or over-
due coupons for interest shall be received by the Treasurer oi
said county, in payment of county taxes; said bonds shall be
payable in sums of two thousand dollars in each of the years
1898, 1900, 1902, 1904 and 1906.

Hay issue
bonds.


SEC. 2. And be it enacted, That said County Commissioners
are authorized to advertise at least once a week for four sue
cessive weeks in some newspaper published in Kent county,
and also in some newspaper published in the city of Baltimore,
for sealed proposals for the negotiation of said bonds, and on s
certain day to be named in said advertisements, said Countj
Commissioners shall in their office in the courthouse in Ches
tertown, open all the bids received, and award the said bonds
to the highest bidder, provided, no bid less than par shall be
accepted.

Sale of bonds.




 
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Session Laws, 1896 Session
Volume 475, Page 309   View pdf image (33K)
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