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Session Laws, 1918 Session
Volume 486, Page 384   View pdf image (33K)
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384 LAWS OF MARYLAND. [CH. 191

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the said municipal corporation, the Town Commis-
sioners of Queenstown, be and it is hereby authorized and em-
powered to borrow upon the faith and credit of said corpora-
tion the sum of One Thousand Dollars for the purpose of pay-
ing their proportionate part of the grading and improving of
Main Street of said corporation running from said corporation
limits where it joins the road leading to Centreville through
said town to where the street meets and joins the road leading
to Kent Island; and to execute the promissory notes of the
said municipal corporation, the Town Commissioners of
Queenstown, for the amount so borrowed. The said promis-
sory notes shall bear date the first day of June, nineteen hun-
dred and eighteen, and shall be drawn in such amounts and be
payable at such times not exceeding six months from said date
as said municipal corporation shall in its discretion determine;
the total amount of said promissory notes shall not exceed the
aforesaid sum of One Thousand Dollars. And the said mu-
nicipal corporation, the Town Commissioners of Queenstown,
is hereby authorized during a period of not exceeding ten, years
from and after the first day of June, nineteen hundred and
eighteen, to renew said promissory notes as they mature from
time to time, in whole or in part, unless all of said promis-
sory notes and the interest to accrue thereon have been fully
paid, but no renewal note shall be so drawn as to be payable
more than six months from its date.

SEC. 2. And be it enacted, That at the time of each annual
levy for taxes, beginning at the annual levy for taxes in the
year nineteen hundred and eighteen, the said municipal cor-
poration, the Town Commissioners of Queenstown, shall levy
a special tax of ten cents on each One Hundred Dollars of as-
sessed value of all property, real and personal, in the corpo-
rate limits of the Town of Queenstown, Queen Anne's County,
Maryland, subject to taxation, in addition to the other taxes
now authorized to be levied and collected by said municipaj
corporation to pay the interest on said notes and to pay on
account of said principal of said notes. The said special tax
shall be levied at the same time and shall become due and in
arrears at the same time and shall bear interest from the same
date and shall be a lien on all property of the person or cor-
poration assessed, and shall be collected in the same manner
as other taxes now and hereafter authorized to be levied, as-
sessed and collected by said municipal corporation. The pro-

 

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Session Laws, 1918 Session
Volume 486, Page 384   View pdf image (33K)
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