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Session Laws, 1914
Volume 533, Page 96   View pdf image (33K)
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96 LAWS OF MARYLAND.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the County Commissioners of Montgomery County
be and they are hereby authorized and directed to issue bonds
in an amount not to exceed Eleven Thousand Dollars ($11,000),
for the purpose of building, improving and relocating the public
road from St. Paul Street, known as the Wheaton Road, at the
town of Kensington, in said Montgomery County, by way of the
new County road through Capitol View, to the railroad station
at Forest Glen, within the Thirteenth Election District of said
County; and to further issue bonds not to exceed the sum of
Three Thousand and Five Hundred Dollars ($3,500), for the
purpose of building, improving and relocating the County road
from Jones' bridge over Rock Creek to the railroad station at
the town of Forest Glen, within the Thirteenth Election Dis-
trict of said County; and to levy and collect taxes in the said
Thirteenth Election District of said County for the payment of
said bonds and the coupons thereon, as hereinafter stated.

SEC. 2. And be it further enacted, That the said County
Commissioners of Montgomery County be and they are hereby
directed to borrow on the credit of the said County a sum not
to exceed Eleven Thousand Dollars ($11,000), for the purpose
of building, improving and relocating the public road from St.
Paul Street, at the town of Kensington, by way of Capitol
View, to Forest Glen, as herein provided; and a further sum
not to exceed the sum of Three Thousand Five Hundred Dollars,
($3,500), for the building, improving and relocating the County
road from Jones' bridge over Rock Creek to the railroad station
at Forest Glen, as herein provided; and the said County Com-
missioners shall issue coupon bonds under the corporate seal
of said County Commissioners for the amount borrowed under
the provisions of this Act, the said bonds to be signed by the
President of the Board of County Commissioners and counter-
signed by the Clerk thereof, in sums not less than One Hundred
Dollars ($100.00), nor more than Five Hundred Dollars
($500.00) ; the said bonds to bear interest from the date of
issue thereof at the rate of not more than five per centum per
annum, payable semi-annually, and which said interest to the
maturity of each of said bonds shall be provided for and set
forth in the coupons attached to each of said bonds, respectively,
for the interest due and payable thereon, and which said bonds
shall have printed on them a distinct reference to this Act au-
thorizing the issue.

SEC. 3. And be it further enacted, That all bonds issued
under the provisions of this Act shall be redeemable as follows,

 

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Session Laws, 1914
Volume 533, Page 96   View pdf image (33K)
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