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Session Laws, 1916
Volume 534, Page 139   View pdf image (33K)
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EMERSON C. HARRINGTON, GOVERNOR. 139

SEC. 2. And be it enacted, That the money collected by said
municipal corporation, the Town Commissioners of Centreville,
from the consumers for electric service furnished by said plant,
described in Section 8 of said Chapter 29 of the Acts of 1912
as the "Electric Plant Rate Fund, " shall be applied first to
the payment of the expenses of running and maintaining said
plant and of repairing the same, and then to the payment of
the aforesaid promissory notes hereinabove in this Act author-
ized to be executed by the said municipal corporation, and of
the renewals thereof from time to time, and the interest to
accrue thereon. And the said indebtedness hereinabove author-
ized by this Act to be incurred by said municipal corporation,
the Town Commissioners of Centreville, represented by the
aforesaid promissory notes, shall be deemed and the same is
hereby declared to be a part of the cost and expense of repair-
ing, extending and enlarging said plant to meet the require-
ments of demands for electric service, mentioned and provided
for in said Section 8 of said Chapter 29 of the Acts of 1912.

. SEC. 3. And be it enacted, That if at the time of the annual
levy for taxes in the year nineteen hundred and twenty, re-
quired to be made by said municipal corporation under Chapter
439 of the Acts of 1914, any of the said renewal notes author-
ized by this Act shall be unpaid, the said municipal corpora-
tion, at the time of making said annual levy for the year 1920,
shall levy a special tax on each One hundred dollars of the
assessed value of all property, real and personal, in the cor-
porate limits of the Town of Centreville, Queen Anne's County,
Maryland, subject to taxation, in addition to the other taxes
now authorized to be levied and collected by said municipal
corporation, of such sum or sums as shall be necessary to pay
the said renewal note or notes then outstanding and unpaid
The said special tax shall be levied at the same time, shall be-
come due and in arrear at the same time, and shall bear interest
from the same date, and shall be a lien on all property of the
person or corporation assessed, and shall be collected, in the
same manner as other taxes now authorized to be levied, as-
sessed and collected by said municipal corporation. The pro-
ceeds of said special tax shall be kept separate from the other
funds of said municipal corporation and shall be used for the
payment of the aforesaid outstanding and unpaid renewal note
or notes, and for no other purpose whatsoever.

 

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Session Laws, 1916
Volume 534, Page 139   View pdf image (33K)
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