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Session Laws, 1908 Session
Volume 483, Page 976   View pdf image (33K)
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976 LAWS OF MARYLAND.

above provided or otherwise, in their discretion, if said bids
received under the first offer are below the par value with
accrued interest thereof; provided, that said bonds shall not be
disposed of by said County Commissioners at less than their
par value, together with the accrued interest thereon.

SEC. 4. And be it further enacted, That the said bonds shall
be issued in series from one to ten, inclusive, according to the
aggregate amount issued, each series consisting of two thousand
dollars of said amount, and shall be redeemable and payable
as follows: Two thousand dollars thereof on the first day of
July in the year 1909, and thereafter annually on the first day
of July in each and every year two thousand dollars thereof
until the whole amount so issued shall have been paid.

SEC. 5. And be it further enacted, That for the purpose of
redeeming said bonds at their maturity and for securing the '
prompt payment of the interest thereon, the said County Com-
missioners are hereby empowered and directed to annually levy
on the assessable property of the said county such sum or sums
of money as shall, in their discretion, be necessary for the
prompt payment of the interest on said bonds and the princi-
pal thereof when the same shall become due; which said sum
or sums thus levied shall be strictly applied to the payment
of said interest and to the redemption of said bonds, as the
same shall mature, and to no other debts or obligations of said
county; and said levy to be designated on the records of the
office of said County Commissioners and on the face of said
bonds as the "Jail Building Fund;" said bonds shall also
have imprinted on them a distinct reference to the Act direct-
ing their issue.

SEC. 6. And be it further enacted, That the bonds authorized
by this Act shall be exempt from all county and municipal
taxes whatsoever, and the interest on said bonds shall be re-
ceivable in payment of county taxes.

SEC. 7. And be it further enacted, That the said County Com-
missioners are hereby authorized and directed to tear down
and remove or otherwise dispose of the present jail of said
county, if its existence shall In any manner hinder or impede
the construction of the new jail, and to provide temporarily
at the expense of said county such accommodation for the
sheriff of said county and for the prisoners in his custody as
they may deem proper and expedient; but if the existence of
the present jail shall not hinder or impede the construction
of the new jail on the site as selected by the said Commis-
sioners, then it shall not be torn down, removed or otherwise;
disposed of until the new jail is completed and ready for use.

 

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Session Laws, 1908 Session
Volume 483, Page 976   View pdf image (33K)
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