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Session Laws, 1916
Volume 534, Page 224   View pdf image (33K)
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224 LAWS OF MARYLAND. [CH. 137

tion of Frederick issued and sold bonds to the extent of Five
Hundred and Twelve Thousand Five Hundred Dollars ($512, -
500. 00); Second, for the purpose of redeeming the bonds issued
by the Corporation of Frederick in pursuance of Chapter 323
of the Acts of the General Assembly of Maryland of 1894,
and in pursuance of an Ordinance enacted and ordained by
the Corporation of Frederick on the 16th day of May, 1894,
providing for the issuance of said bonds, under the provisions
of which the Corporation of Frederick issued and sold bonds
to the extent of Thirty-Five Thousand Dollars, ($35, 000. 00).

SEC. 2. Be it enacted, That the bonds hereby authorized
to be issued and sold for the purpose of redeeming the bonds
heretofore issued by the Corporation of Frederick, in pur-
suance of Chapter 44 and Chapter 195 of the Acts of the Gen-
eral Assembly of Maryland of 1888, and in pursuance of said
Ordinance of May 28th, 1888, shall be issued for a sum of
money not exceeding Three Hundred and Ninety-Seven Thou-
sand Dollars, ($397, 000. 00), and the proceeds derived from
the sale of said bonds shall be applied to the payment of the
bonds issued in pursuance of said Chapters 44 and 195 of the
Acts of Assembly of 1888 and said Ordinance of May 28th.
1888, and for no other use or purpose whatever.

SEC. 3. Be it enacted, That the bonds hereby authorized
to be issued and sold for the purpose of redeeming the bonds
heretofore issued by the Corporation of Frederick, in pursu-
ance of Chapter 323 of the Acts of the General Assembly of
Maryland of 1894 and in pursuance of said Ordinance of May
16th, 1894, shall be issued for a sum of money not exceeding
Thirty-Five Thousand Dollars, ($35, 000. 00), and the pro-
ceeds derived from the sale of said bonds shall be applied to
the payment of the bonds issued in pursuance of said Chapter
323 of the Acts of Assembly of 1894 and said Ordinance of
May 16th, 1894, and for no other use or purpose whatever.

SEC. 4. Be it enacted, That The Mayor and Aldermen of
Frederick is hereby authorized and empowered to provide by
ordinance or ordinances for the issue and sale of said bonds
for either or both of the purposes set forth in this Act, and all
bonds issued under the authority contained in this Act, and
in accordance with the ordinance or ordinances, passed in pur-
suance thereof, for either or both of the purposes set forth in
this Act, may be issued and sold at one time and included in
one issue of bonds, or may be issued and sold at different times
and embodied in two issues of bonds.

 

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Session Laws, 1916
Volume 534, Page 224   View pdf image (33K)
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