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Session Laws, 1922
Volume 563, Page 430   View pdf image (33K)
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428 LAWS OF MARYLAND. [CH. 191

series shall each be initialed with following consecutive letters
of the alphabet, and the bonds of each series shall be numbered
consecutively, beginning with the number one (1); and the
said Board of County Commissioners shall from time to time,
within five years after the first day of July, 1922, issue, offer
for sale and sell in the manner hereinafter provided a series of
said bonds for such an amount as may be necessary at such
time or times for the erecting and equipping of any of the
hereinbefore mentioned public school buildings, to be desig-
nated as hereinafter provided, by the Board of Education of
Carroll County; and the said Board of County Commissioners
shall, from time to time, within five years after the first day
of July, 1922, issue, offer for sale and sell in the manner here-
inafter provided a series of bonds for such an amount as may
be necessary at such time or times for the construction and
permanent improvement of such public county roads desig-
nated at such time or times by the said Board of County Com-
missioners for construction or permanent improvement; and
each of said series of said bonds shall be issued and sold as of
the first day of January, the first day of April, the first day of
July, or the first day of October, in any year, within five years
after the first day of July, 1922; and each of said bonds shall
bear attached thereto coupons as hereinbefore provided for the
said semi-annual payments of interest accruing after the date
of the selling of said bonds; and any of said bonds remaining
unsold on the first day of July, 1927, shall be cancelled by said
Board of County Commissioners, and not offered for sale or
sold.

SEC. 4. And be it further enacted, That said bonds shall
have written or engraved on them a distinct reference to this
Act directing the issuing of the same and shall be designated
as and have printed or engraved on them "Carroll County
School and Road Bond Issue of 1922"; and

SEC. 5. And be it further enacted, That a series of said
bonds to the amount of Thirty-five Thousand Dollars ($35, -
000. 00) shall mature and become payable on the first day of
July, 1927; and that a series of said bonds to the amount of
Thirty-five Thousand Dollars ($35, 000. 00) on the first day of
July in each and every year after said first day of July, 1927;
shall mature and become payable on the first day of July in
each and every year after the first day of July, 1927, until all

of said bonds shall have been redeemed, so that the last of said


 

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Session Laws, 1922
Volume 563, Page 430   View pdf image (33K)
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