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Session Laws, 1910 Session
Volume 487, Page 979   View pdf image (33K)
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MONTGOMERY COUNTY... 979

the coupons attached to them, a distinct reference to this Act
authorizing the issue, and shall be forever exempt from all
taxation by the said town of Garrett Park for any purpose
whatsoever; provided, that no bonds shall be issued except
upon the following conditions: The Mayor and Council may
recommend the initial issuance of bonds for such portion of
the fourteen thousand dollars ($14,000) as may be by them
deemed expedient; the Clerk and Treasurer of the town shall
then, within one week, prepare and mail to each resident of
the town of the age of twenty-one years or over who shall have
within the previous twelve months paid taxes to the town for
sanitary service or sewer service for not less than six months,
a form of ballot, which shall state clearly the purpose and the
amount of the proposed bond issue and contain spaces for the
vote and signature of the voter; said ballot shall be returnable
in a sealed envelope to the Clerk and Treasurer of the town
before 8 o'clock P. M. on a day to be specified and shown on
the ballot, which day shall be two weeks from the date on
which said ballot is mailed to the taxpayer herein referred to.
At the time so specified the Mayor and Council shall publicly
open and canvass the ballots; each ballot so returned bearing
the signature of a resident of the town who shall have within
the previous twelve months paid taxes to the town for sanitary
service or sewer service for not less than six months shall be
counted, and if as many as two-thirds (2/3) of all the votes so
returned shall signify approval, of the bond issue, the Mayor
and Council shall proceed to effect the said bond issue in the
manner hereinafter provided, and the Mayor and the Clerk
and the Treasurer shall within ten days thereafter file with the
Clerk of the Circuit Court for Montgomery County all the bal-
lots cast, and a sworn statement of the total number of bal-
lots returned, under the foregoing provisions of this Act, and
with a copy of this Act. Subsequent issues of bonds may be
authorized in the same manner as hereinbefore provided for the
iuitial issuance, except that the recommendation for such sub-
sequent issuance of bonds shall be made by the Sewerage Com-
mission of Garrett Park hereinafter provided for; the aggro-
gate of all bond issues for this purpose, however, shall not ex-
ceed the sum of fourteen thousand dollars.

SEC. 2. And be it enacted, That the said bonds so issued as
aforesaid shall be redeemable as follows, that is to say: Seven
hundred dollars ($700) thereof in one year from the date of
their issue, and thereafter seven hundred dollars ($700) each
and every year until the whole amount of said bonds and coii-
pons of all the series making the total of fourteen thousand
dollars ($ 14,000), as authorized by this Act, shall have been
fully paid; provided, however, that if an amount in bonds less


 

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Session Laws, 1910 Session
Volume 487, Page 979   View pdf image (33K)
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