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Session Laws, 1920
Volume 539, Page 247   View pdf image (33K)
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ALBERT C. RITCHIE, GOVERNOR. 247

improving Main street over its entire length, which said im-
provement shall extend from curb to curb.

SEC. 2. And be it enacted, That the said bonds shall be
issued in denominations of five hundred dollars, payable five
years after date, shall bear interest at the rate of five per
centum per annum, and shall not be sold at less than the par
value of the same, which said bonds shall be signed by the
Mayor, countersigned by the Treasurer, and attested by the
Clerk to the City Council, with the corporate seal of the town
of Laurel attached.

SEC. 3. And be it enacted, That for the purpose of redeem-
ing the said bonds at their maturity and for the purpose of
paying the interest thereon, the Mayor and City Council of
Laurel shall annually set aside from the general fund of the
said town a sufficient sum therefor.

SEC. 4. And be it enacted, That the said Mayor and City
Council of Laurel is hereby empowered to do all acts and
things necessary to issue and sell said bonds, including the
right to register the same, in their discretion.

SEC. 5. And be it further enacted, That this Act shall take
effect on the first day of June nineteen hundred and twenty.

Approved April 9, 1920.

CHAPTER 140.

AN ACT to authorize and empower the Mayor and City Coun-
cil of Laurel to levy an additional tax in the said town of
Laurel.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the Mayor and City Council of Laurel be and are
hereby authorized and empowered to levy an additional tax,
for general purposes, of not over or exceeding fifteen cents on
each one hundred dollars of the assessable property within the
limits of the said town of Laurel, in addition to the taxes now
levied, in the discretion of the said Mayor and City Council,
for the year nineteen hundred and twenty and annually there-
after until and including the year nineteen hundred and
twenty-four.


 

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Session Laws, 1920
Volume 539, Page 247   View pdf image (33K)
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