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Session Laws, 1920
Volume 539, Page 1177   View pdf image (33K)
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ALBERT C. RITCHIE, GOVERNOR 1177

on said bonds and to create a sinking fund to pay said bonds
at maturity until the last of said bonds issued under this Act
shall have been paid and cancelled. Such funds shall be
deposited in some safe banking or savings institution in the
State of Maryland, on interest, and the County Commission-
ers are hereby authorized and empowered to purchase from
the proceeds of such sinking funds any of the bonds which
may be offered for sale when, in their judgment, it shall be
advisable so to do, and upon the purchase of any of such
bonds and the redemption of the same at maturity the County
Commissioners shall immediately cancel said bond or bonds
by stamping the same with the word "Cancelled." No por-
tion of said sinking funds shall ever be diverted to any other
purpose than to the liquidation of said bonds, and in case
any of the persons in charge thereof so divert or permit the
same to be diverted they shall be deemed guilty of a misde-
meanor, and upon conviction thereof shall be subject to a fine
of not less than twice the amount so diverted.

SEC. 6. And be it further enacted, That this Act shall take
effect June 1, 1920.

Approved April 9, 1920.

CHAPTER 590.

AN ACT to incorporate the Town of Indian Head, in Charles
County, Maryland.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That the citizens of the town of Indian Head, in
Charles County, Maryland, be and they are hereby created a
body corporate, in the name of the Town Commissioners of
Indian Head, with all the powers and privileges of a body
politic and corporate, and by said corporate name may have
perpetual succession, sue and be sued, plead and be impleaded
against in any Court of law or equity in said county, and may
have and use a common seal.

SEC. 2. And be it further enacted, That the corporate lim-
its of said town of Indian Head shall be as follows: Beginning
at the bound-stone near the Indian Head Town Hall, marking
one end of the boundary line of the U. S. Government Reserva-
tion and dividing the same from the land of Francis E. Mat-
tingly, and running thence, continuing the course of said line,


 

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Session Laws, 1920
Volume 539, Page 1177   View pdf image (33K)
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