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Session Laws, 1920
Volume 539, Page 689   View pdf image (33K)
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ALBERT C. RITCHIE, GOVERNOR. 689

assessable property in Frederick County such taxes as shall
be sufficient to pay for the interest on the outstanding bonds
issued in pursuance of this Act, as the same shall fall due,
and also such further and additional sums as may be required
to retire and redeem said bonds when and as the same shall
mature, until all of them shall have been redeemed, and said
taxes shall be collected in like manner as other taxes levied in
said county are collected, and when collected shall be ap-
plied to the payment of the interest on outstanding bonds
and the redemption of the same as they mature and become
payable.

SEC. 3. And be it further enacted, That said bonds shall
be sold, after due advertisement by the County Commissioners,
to the highest bidder or bidders, provided, however, that none
of said bonds shall be sold for less than par value.

SEC. 4. And be it further enacted, That the County Com-
missioners shall advertise and sell said bonds, as above pro-
vided, and shall pay over the proceeds of the sale of said bonds
to the Board of Education of Frederick County, to be by it
applied to the purposes and for the objects set forth in this
Act, and said Board of Education shall account for the same
and the expenditure thereof in the same manner as it accounts
for other moneys passing through its hands.

SEC. 5. And be it further enacted, That from the proceeds
of this bond issue, a sum of money not less than fifty thou-
sand dollars shall be expended for the erection of a new school
building at Emmitsburg, and a sum of money not less than
twenty-five thousand dollars shall be expended for the erec-
tion of a new school building at Adamstown, in said county,
and the remaining proceeds of said bond issue shall be ex-
pended for the purposes and objects hereinbefore set forth.

SEC. 6. And be it further enacted, That this Act shall
take effect from the first day of June, 1920.

Approved April 16, 1920.

CHAPTER 398.

AN ACT to repeal Chapter 765 of the Acts of 1914, entitled
"An Act to provide for the taxation of judgments in
Dorchester County, Maryland."

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Chapter 765 of the Acts of 1914, entitled "An


 

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Session Laws, 1920
Volume 539, Page 689   View pdf image (33K)
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