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Session Laws, 1898 Session
Volume 482, Page 810   View pdf image (33K)
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810

LAWS OF MARYLAND

SECTION 1. He it enacted by the General Assembly of Mary-
land, That the question of whether or not the County Com-

Submitted to
the voters
of Garrett
county.

missioners of Garrett county shall issue bonds to an amount
not exceeding the sum of twenty thousand dollars for the pur-
pose of erecting, repairing and furnishing one and two room
frame school houses, shall be submitted to the voters of said
county at the Congressional election, to be held on the first
Tuesday after the first Monday in November, in the year
eighteen hundred and ninety-eight, the ticket to be voted to
be printed on the official ballot to be used at said elections; said
ballots shall have printed on them, in addition to the other
matter required by law, the words "for the issue of school bonds,"
and ''against the issue of school bonds," the affirmative imme-
diately above the negative with a space to the right, opposite,
in which the voter may designate his choice in the same man-
ner as if he were voting for a candidate, and the result shall
be counted and returned as other elections returns are counted
and returned.
SEC. 2. And be it enacted, That if it shall be found by the

Bonds to be
Issued.

return of the judges of election, that a majority of the votes
cast on said proposition are for the issue of said bonds, then it
shall be the duty of the County Commissioners of said county,
upon the requisition of the school commissioners of said county,
to issue bonds in an amount not exceeding twenty thousand
dollars, in denominations not less than one hundred dollars nor
more than one thousand 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 live per cent, per annum, payable semi-
annually on the first day of April and the first day of October
in each and every year during which said bonds may run and
remain unpaid, and the coupons for interest on said bonds shall
be receivable by the treasurer of said county in payment of
taxes, and said bonds shall be exempt from taxation.

Maturity of
bonds.

SEC. 3. 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 two thousand dollars of the princi-
pal thereof, and shall be redeemable at the pleasure of the
said County Commissioners at or before maturity, but none of
said bonds shall be issued to mature before the tirst day of
October in the year nineteen hundred and eighteen.

Annual levy.

SEC. 4. And be it enacted, That to redeem said bonds, the
County Commissioners of Garrett county shall annually levy
upon the property of said county a tax sufficient to pay the



 
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Session Laws, 1898 Session
Volume 482, Page 810   View pdf image (33K)
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