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Session Laws, 1902 Session
Volume 476, Page 315   View pdf image (33K)
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JOHN WALTER SMITH, ESQ., GOVERNOR.

315

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the Comptroller be and he is hereby directed to
draw upon the Treasurer of the State for the sum of one thou-
sand one hundred and ninety nine 55-100 dollars ($1,199.55)
in favor of the Hartford Life Insurance Company, the amount
in excess of the amount properly chargeable to said company.
SEC. 2. And be it enacted, That this Act shall take effect
from the date of its passage.
Approved April 8, 1902.

CHAPTER 206.
AN ACT to authorize the County Commissioners of Dor-
chester County to aid in the erection and construction of a
hospital building in the town of Cambridge, to borrow
money on the credit of said county, to aid in the erection
and construction of said building, to protect them in the
donation or payment, to issus coupon bonds therefor, and
to levy and collect on and from the assessable property of
said county an annual tax sufficient to pay said bonds
when they mature, and the interest thereon as it becomes
due.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That the County Commissioners of Dorchester

CHAP. 206.

Warrant to
be drawn.

county be and they are hereby authorized and empowered, in
their discretion, to issue bonds to an amount not exceeding
five thousand dollars, in sums not less than one hundred nor
more than five hundred dollars each, to be signed by the presi-
dent of the board of said County Commissioners, and counter-
signed by the clerk of said board, said bonds to bear interest at
a rate not exceeding four per cent, per annum, payable semi-
annually on the first day of January and July in each and
every year during which bonds may run and remain unpaid ;
and the coupons for interest on said bonds shall be receivable
by the collectors of taxes for said county in payment of
county taxes, and said bonds shall be exempt from all
taxation.

Bonds to be
issued.

SEC. 2. And be it enacted, That said bonds shall be issued
to mature at such dates as shall not require the payment
in any one year, of more than one thousand dollars of the
principal sum thereof, and shall be redeemable at the
pleasure of said County Commissioners at or before their
maturity ; but none of said bonds shall be issued to mature
before the first day of January, nineteen hundred and
seventeen.

When
to mature.



 
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Session Laws, 1902 Session
Volume 476, Page 315   View pdf image (33K)
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