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Session Laws, 1920
Volume 539, Page 74   View pdf image (33K)
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74 LAWS OF MARYLAND. [CH. 40

SECTION 7. And be it further enacted, That if the reve-
nues derived from the payment by consumers for the use of
electric current shall at any time exceed the sum of money
necessary to pay the costs and expenses of operating and
maintaining said plant and making reasonable repairs, exten-
sions and enlargements thereof, the sum of money remaining
on the first day of April in each year shall be paid by the
Board of Street Commissioners to the Mayor and Council of
Hagerstown, to be appropriated by said Mayor and Council
toward the payment of the interest on said bonds issued un-
der the provision of this Act, and for the redemption of said
bonds when due and payable, or to the purchase in the open
market of any of said bonds and said bonds when so paid or
purchased shall forthwith be cancelled.

SECTION 8. And be it further enacted, That in addition to
the powers expressly conferred by this Act. the Mayor and
Council of Hagerstown shall have such other powers as are
incident thereto, or a necessary consequence of the powers
herein conferred, which shall include the right to pass all
ordinances, not inconsistent with the powers granted by this
Act, that may be deemed necessary for the protection and
preservation of said electric light plant, or any portion there-
of, and to attach reasonable penalties thereto for violation
thereof, to formulate and enforce all rules and regulations
necessary for the proper conduct of the business of said elec-
tric light plant, and from time to time to repeal, alter and
amend said ordinances and such rules and regulations.

SECTION 9. And be it further enacted, That the provisions
of this Act shall not become effective unless the same when
submitted, as hereinafter provided, to the qualified voters of
Hagprstown at the regular municipal election to be held on
the fourth Monday of March, nineteen hundred and twenty,
shall be approved as hereinafter stated. The provisions of
this Act shall be published in full at least three times in each
of the daily newspapers and circulated in Hagerstown, the
first of said publications to be not less than ten days before
the time of said election. The manner of submission shall be
that, on the ballot at the said regular municipal election there
shall be printed the words "For issuing of bonds to construct
a new city electric light plant," with a blank square opposite
at the right, and the words "Against issuing of bonds to con-
struct a new city electric light plant," with a blank square

 

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Session Laws, 1920
Volume 539, Page 74   View pdf image (33K)
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