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Session Laws, 1914
Volume 533, Page 1534   View pdf image (33K)
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1534 LAWS OF MARYLAND.
CHAPTER 812.

AN ACT to authorize the Mayor and Council of Rockville to
issue bonds to an amount not to exceed the sum of fifty thous-
and dollars, for the purpose of improving and increasing the
water supply of said Town of Rockville, and constructing a
sewerage system and sewerage disposal plant or plants in said
Town, and to provide for a special tax to pay the same and
also to provide for a special tax to maintain said plant when
constructed, and also creating and defining the powers of a
commission consisting of seven persons to assist and co-oper-
ate with said Mayor and Council in the premises.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the Mayor and Council of Rockville be and it is
hereby authorized and empowered to issue the bonds of said
corporation for such sum, not to exceed fifty thousand dollars,
as may be necessary to improve and increase the water supply
of the Town of Rockville and to construct in said town a sew-
erage system and in or near said Town a sewerage disposal
plant or plants. Said bonds to be issued from time to time
as the Mayor and Council of Rockville shall by ordinance pre-
scribe, and to be issued for such amounts and to be payable at
such time or times and to bear such rates of interest, not to
exceed five per centum, as the Mayor and Council of Rockville
shall by ordinance provide. Said bonds to be signed by the
Mayor, or the member of the Council presiding in the absence
of the Mayor, and countersigned by the Clerk, with the corpo-
rate seal of said corporation thereto attached, and to be sold at
the highest obtainable price after due advertisement for sealed
bids, including publication in one or more daily papers of Balti-
more City and of Washington, D. C.

SEC. 2. And be it further enacted, That the Mayor and
Council of Rockville shall by appropriate ordinance passed be-
fore the issuance of said bonds provide for the payment of the
interest thereon and for the payment of said bonds when and
as they shall mature; and to this end said Mayor and Council
of Rockville shall levy upon all property liable to taxation in
said town a special tax sufficient for the purpose of paying
said interest and the said bonds at maturity. Such special tax,
however, shall not in any one year exceed fifty cents on the
hundred dollars assessed value of said property. Said special
tax to be a lien upon the property both real and personal
taxable hereunder to the same extent that other corporation

 

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Session Laws, 1914
Volume 533, Page 1534   View pdf image (33K)
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