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Session Laws, 1910 Session
Volume 487, Page 1033   View pdf image (33K)
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PRINCE GEORGE'S COUNTY. 1033

said sinking fund, any of the said bonds as may be offered
for sale, and upon the purchase of any such bonds or the re-
demption of the same at maturity, the County School Com-
missioners shall have said bond or bonds immediately can-
celled by stamping across their face the word "Cancelled,"
and no portion of said sinking fund so set apart shall ever be
directed to any other purpose than to the purchase and liqui-
dation of said bonds; and should the said Superintendent or
the County School Commissioners or any other person having
charge of said sinking fund suffer or permit the same or any
part thereof to be diverted from or applied to any other pur-
pose than the investment thereof for the purchase of said
bonds, and the purchase and redemption of the same, then the
person or party so offending shall be deemed guilty of a mis-
demeanor; and upon conviction thereof shall be subjected to a
fine of not less than twice the amount so misapplied or di-
verted.

SEC. 9. And be it enacted, That County School Superin-
tendent shall keep a separate account of the money applied
each year to the payment of interest on said bonds, as well as
the amount of money deposited each year, to the creation and
support of the sinking fund, to meet the principal of said
bonds at maturity.

SEC. 10. And be it enacted, That the money arising from
the sale of said bonds, as provided in Section 7 of this Act,
shall be paid to the School Superintendent of Prince George's
county, and that it may be appled to the purpose set forth in
this Act, the funds so realized shall be paid by the said School
Superintendent to the aforesaid building committee upon its
order; and the said building committee is hereby authorized
and directed to pay to the contractor or contractors or archi-
tects employed by the said building committee in accordance
with the terms of their said contract, upon the order of said
building committee, such sum or sums of money as such con-
tractor or contractors are entitled to in the performance of
their contracts, and shall pay, upon the warrant of the build-
ing committee, the cost of plans and specifications of the work
proposed to be done, the salary of the supervising architect
and such other expenses that said building committee may
properly have incurred in the discharge of their duty.

SEC. 11. And be it enacted, That this Act shall take effect
from the date of its passage.

Approved March 2, 1910.


 

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Session Laws, 1910 Session
Volume 487, Page 1033   View pdf image (33K)
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