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Session Laws, 1861
Volume 526, Page 52   View pdf image (33K)
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1861.

LAWS OF MARYLAND.

CHAP. 64.

Bunds.

SEC. 4. And be it further enacted, That said
County Commissioners be and they are hereby au-
thorized and required to issue bonds in sums of not
less than one hundred dollars nor more than one
thousand dollars, to be signed by the President of
the Board of said County Commissioners arid coun-
tersigned by the clerk of said Board, not exceeding
forty thousand dollars, said bonds to bear interest,
payable semi-annually on the first day of January
and July respectively, and not to be sold for less
than the par value thereof and the interest on said
bonds shall be received by the collector in payment
of county taxes.

Maturity of
Bonds.

SEC.. 5. And be it further enacted, That said
bonds shall be issued to mature at such dates as
shall not require the payment in any one year cf
more than four thousand dollars of the principal
sum thereof, and that said bonds shall be redeema-
ble with interest, at the pleasure of said County
Commissioners at or before the maturity thereof.

Annual levy.

SEC. 6. And be it further enacted, That said
County Commissioners shall annually levy upon
the assessable property of Frederick county a tax of
not less than three cents on every hundred dollars,
and that the money thus raised shall be known and
kept as the "Court House Fund, " and shall be ap-
plied by said County Commissioners to the pay-
ment of the principal and interest of said bonds as
aforesaid, and the cost of the collection of said tax,
if any, and to no other purpose whatsoever and
that said tax shall be collected as all other taxes
are collected.

In force.

SEC. 7. And be it further enacted, That said
new Court House shall be commenced on or before
the first day of September, in the year eighteen
hundred and sixty-one, and shall be finished on or
before the first day of September eighteen hundred
and sixty-two and that this act shall take effect
from the day of its passage.

Repealed.

SEC. 8. And be it further enacted, That the
act passed by the General Assembly of Maryland
at its present session on the tenth clay of May eigh-
teen hundred and sixty-one, entitled an act, to au-
thorize the County Commissioners for Frederick
county to build a new Court House for Frederick
county, &c., be and the same is hereby repealed.



 
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Session Laws, 1861
Volume 526, Page 52   View pdf image (33K)
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