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Session Laws, 1922
Volume 563, Page 551   View pdf image (33K)
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ALBERT C. RITCHIE, GOVERNOR. 549

Series Amount Redeemable

I............... 9, 000 July 1, 1933

J............... 9, 000 July 1, 1034

K............... 9, 000 July 1, 1935

L............... 9, 000 July 1. 1936

M............... 10, 000 July l', 1937

X............... 10, 000 July l', 1938

O............... 11, 000 July 1, 1939

P............... 12, 000 July 1, 1940

Q............... ] 3, 000 July 1, 1941

R............... 14, 000 July 1, 1942

S............... 14, 000 July 1, 1043

T............... 15, 000 July 1, 1944

U............... 15, 000 July 1, 1945

V............... 16, 000 July 1, 1046

W............... 17, 000 July 1, 1047

X............... 18, 000 July 1, 1948

Y............... 19, 000 July 1; 1948

Z............... 20, 000 July 1, 1950

SEC. 4. And be it further enacted. That the County Com-
missioners of Wicomico County shall annually levy a tax the
year preceding, at the time of the regular levy to meet and pay
the interest on said bonds when issued and to meet and pay said
bonds as they shall become due, said taxes to be collected as
other county taxes are collected.

SEC. 5. And be it further enacted, That when said bonds
are properly prepared and "duly executed as described, the
County Commissioners of Wicomico County are hereby au-
thorized and required to sell said bonds to the best possible
advantage at public or private sale, at such time or times,
and on such notice as they may deem best, at not less than par
and accrued interest, provided that said bonds shall be sold on
competitive bidding by sealed offers, with the privilege of re-
jecting any and all bids, and the money arising from the sale
of said bonds shall be kept by the County Treasurer in a sepa-
rate fund known as "Public School Improvement Bonds of
Wicomico County, " to be used for the purpose of paying for
sites for new school buildings, the building of new school
buildings, and purchasing equipment for same, and the said
money arising from the sale of said bonds shall be expended as
follows:

For the purchase of a site and the erection of a new High
School Building in Salisbury: for the purchase of a site and the


 

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Session Laws, 1922
Volume 563, Page 551   View pdf image (33K)
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