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Session Laws, 1920
Volume 539, Page 1222   View pdf image (33K)
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1222 LAWS OF MARYLAND [CH. 616

extent in any one year of eighty-five cents (85c) on every one
hundred dollars ($100) of taxable property in said town,
instead of seventy-five cents (75c), as heretofore provided in
said charter and upon the same terms in other respects as
provided by said charter.

121 -B. Said town is hereby authorized and empowered to
issue certificates of indebtedness in lieu of its notes now out-
standing not, iu excess of twelve thousand dollars ($12,000).
each certificate to be for the sum of one thousand dollars
($1,000), payable not later than ten (10) years from the
first day of May, 1920, and bearing interest, payable semi-
annually, not in excess of six per cent (6%) Should the
said certificates be issued for a shorter period than ten years,
they may be renewed from time to time should it appear
desirable to do so; provided, the entire period covered by the
original certificate and renewal thereof does not exceed ten
years. It shall be the duty of the town to levy annually a
sum sufficient to pay interest on said certificates and renewals
and to reduce the said indebtedness at least five hundred dol-
lars ($500) in each and every year until the entire issue are
paid and satisfied.

121-C. The said town is also authorized and empowered
to pass ordinances assessing special taxes for street improve-
ments against property specially benefitted thereby, assess-
ing an annual tax on special privileges of any kind exer-
cised by individuals, firms and corporations, on, over or under
the streets of said town, and also to regulate and direct traffic-
on said streets; but in granting said powers explicity it is
not to be construed that said powers, or either of them, may
not, be implied from the terms of the existing charter.

SEC. 2. And be if further enacted, That this Act shall
take effect June 1, 1920.

Approved April 16, 1920.

CHAPTER 616.

AN ACT to authorize the State Roads Commission of Mary-
land to -construct and thereafter maintain as a part of
the State Roads System, an improved concrete highway
from the Uniontown Turnpike to intersect with the West-
minster and Taneytown Road.
(Vetoed.)


 

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Session Laws, 1920
Volume 539, Page 1222   View pdf image (33K)
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