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Session Laws, 1920
Volume 539, Page 753   View pdf image (33K)
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ALBERT C. RITCHIE, GOVERNOR. 753

Commissioners are hereby empowered and directed to annu-
ally levy on the assessable property of the said County such
sum or sums of money as shall in their discretion be neces-
sary for the prompt payment of the interest on said bonds
and the principal thereof when the same shall become due,
which said sum or sums thus levied shall be strictly applied
to the payment of said interest and to the redemption of
said bonds, as the same shall mature, and to no other debts
or obligations of the said County; and said levy to be desig-
nated on the records of the office of the said Count}' Commis-
sioners and on the face of the said bonds as the '' 1920 School
Bond Fund"; said bonds shall have printed on them a dis-
tinct reference to this Act directing their issue.

SEC. 9. And be it further enacted, That the bonds author-
ized by this Act shall be exempt from taxation in Queen Anne's
County and the municipalities of said County; and the due
or overdue coupons for interest shall be received by the County
Treasurer of said County in payment of County taxes.

SEC. 10. And be it further enacted, That no part of the
proceeds of the sale of any bonds herein authorized to be
issued shall be applied in any manner to the payment of any
existing indebtedness due by Queen Anne's County at the
time of the date of the passage of this Act.

SEC. 11. And be it further enacted, That this Act shall
take effect from the first day of June, in the year nineteen
hundred and twenty.

Approved April 16, 1920,

CHAPTER 446.

AN ACT to revive the Charter of the Silver Run Telephone
Company, and to enable it to continue business as a
corporation under the laws of the State of Maryland
upon the payment by it of all taxes due by it to the
State of Maryland, and of all penalties heretofore im-
posed upon it for its default in that respect.
WHEREAS, The Silver Run Telephone Company, a corpora-
tion organized and doing business under the laws of the State
of Maryland, did, through inadvertence, neglect to make pay-
ment of the franchise tax due by it to the State of Maryland,
and certain penalties imposed upon it for said neglecf; and


 

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Session Laws, 1920
Volume 539, Page 753   View pdf image (33K)
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