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Session Laws, 1910 Session
Volume 487, Page 1053   View pdf image (33K)
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QUEEN ANNE'S COUNTY. 1053

of expenses to the discharge of such indebtedness, if any, to be
paid over to the person or persons entitled thereto.

Approved April 8, 1910.

CHAPTER 467.

AN ACT to authorize and empower the Commissioners of
Church Hill, a municipal corporation, in Queen Anne's
County, State of Maryland, to grade and improve Main and
Walnut streets of said corporation, to borrow upon the faith
and credit of said corporation a sum of money not to exceed
three thousand dollars ($3,000), and to issue and sell coupon
bonds therefor to provide funds for the grading and im-
provement of said streets, to levy taxes on the assessable
property within the limits of said corporation to redeem said
bonds and to pay the interest thereon and to collect said
taxes; with a proviso that the issue of said bonds be first
submitted to and approved by the legally qualified voters of
said corporation.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That for the purpose of improving Main street in the
town of Church Hill, Queen Anne's County, in the State of
Maryland, and also for the purpose of improving Walnut street
in said town, the Commissioners of Church Hill, a municipal
corporation, be and it is hereby authorized and empowered to
borrow on the faith and credit of said corporation a sum of
money not to exceed the sum of three thousand dollars
($3,000), and to issue coupon bonds in the name of said
municipal corporation for the amount so borrowed, each bond
to be issued for the sum of two hundred dollars ($200), and
to be signed by the three Commissioners of said corporation,
and the seal of said corporation shall be affixed- to each bond.
Said bonds shall bear interest at the rate of five per centum
per annum, payable semi-annually in each year, shall have
printed on them a distinct reference to this Act as directing
the issuance of the same, and shall be exempt from taxation in
Queen Anne's County and the municipalities thereof.

SEC. 2. And be it enacted, That the said bonds shall be
issued in two series, the first series to consist of two thousand
dollars (f2,000), and to be designated as Series A, and the
second series to consist of one thousand dollars ($1,000), and
to be designated as Series B, and to be issued on such date
after the date of the issue of Series A as shall be determined
upon by the Commissioners of Church Hill. Each bond shall
be dated the day of the issue of the series to which it shall


 

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Session Laws, 1910 Session
Volume 487, Page 1053   View pdf image (33K)
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