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Session Laws, 1920
Volume 539, Page 268   View pdf image (33K)
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268 LAWS OF MARYLAND. [CH. 158

assessments and benefits for the payment of said bonds,
and the operation, maintenance, regulation and control
of said system; and to provide for the right to condemn
property.

SECTION 1. Be it enacted by the General Assembly of Mary-
land. That the Mayor and Common Council of Union Bridge
be and they are hereby authorized and empowered to build and
construct a sewerage system for the town of Union Bridge,
Carroll County, State of Maryland, including a sewage dis-
posal plant to be erected in said town or in the suburbs thereof,
and to run and operate the same for municipal and commercial
purposes, and for the purpose of acquiring, by purchase or
condemnation, whatever property or rights of way, and for
doing whatever work is necessary therefor, the said Mayor
and Common Council of Union Bridge are authorized and em-
powered to borrow money on the faith and credit of said town
not to exceed in the aggregate the sum of twenty-five thousand
dollars, and to issue bonds therefor, to be known as the "Union
Bridge Sewerage Bonds," said bonds to be signed by the
Mayor of said Union Bridge, and to be countersigned by the
Clerk to the said Mayor and Common Council of Union Bridge,
with their official seal affixed thereto.

SEC. 2. And be it enacted, That the said bonds shall be
issued in such denominations as the Mayor and Common Coun-
cil of Union Bridge deem best, with coupons attached thereto
for the payment of interest thereon semi-annually on the first
days of January and July in each and every year until the
maturity thereof, said coupons to bear the signature of the
Clerk to the Mayor and Common Council printed or written
thereon. Said bonds shall be dated the first day of July, in the
year nineteen hundred and twenty, shall bear interest from
the date thereof at a rate not to exceed five per cent per annum,
payable semi-annually, and shall be exempt from municipal
and county taxation. The said bonds shall be so issued as to
mature in 50 years from their date. Provided, that if for any
reason the commencement of the work of erecting the sewerage
system shall be delayed beyond July 1st, 1920, then the said
Mayor and Common Council of Union Bridge are authorized
and empowered to date all of said bonds at such period of any
year, in which the work of construction shall be started, as
may be suitable, and to fix the maturity of said bonds at 50
years from their date, and provided, further, that the Mayor


 

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Session Laws, 1920
Volume 539, Page 268   View pdf image (33K)
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