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Session Laws, 1924
Volume 568, Page 146   View pdf image (33K)
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146 LAWS OF MARYLAND. [CH. 76

whatever help is necessary therefor; the said President and
Commissioners of Northeast are authorized, empowered and di-
rected to borrow on the faith and credit of said town, not to
exceed in the aggregate, the sum of One Hundred Twenty-Five
Thousand Dollars, and to issue bonds therefor to be known as
the "Northeast Water Bonds, " said bonds to be signed by the
President and countersigned by the Clerk to the President and
Commissioners of Northeast, with the corporate seal of said
town affixed thereto.

SEC. 2. And be it further enacted, That whenever it shall
be deemed necessary by the President and Commissioners of
Northeast to take or acquire any land, structures or buildings,
or any stream bed, water way, water rights or water shed,
either in fee or as an easement, within or without the town of
Northeast, for the construction, extension or maintenance of
any water main, or appurtenance thereof, or for any reservoir,
water purification plant, tank or pumping station, the Presi-
dent and Commissioners may purchase the same from the
owners, or failing to agree with the owner or owners thereof,
may condemn the same by proceedings in the Circuit Court for
Cecil County as now provided for condemnation of land by
public service corporations in the Code of Public General Laws
of Maryland; and said President and Commissioners may like-
wise condemn the interest of any tenant, lessee or other person
having an interest in said land, structures or buildings, stream
bed, water way, water rights or water shed. At any time after
ten days after the return and recordation of the verdict or
award in said proceedings, the said President and Commis-
sioners may enter and take possession of the property so con-
demned, upon first paying to the Clerk of the Court the amount
of said award and all costs taxed to date, notwithstanding any
appeal or further proceeding upon the part of the defendant;
at the time of said payment, however, they shall give their cor-
porate undertaking to abide by and fulfill any judgment on
such appeal or further proceeding.

SEC. 3. And be it further enacted, That the said bonds shall
be issued in such denominations as the President and Commis-
sioners of Northeast deem best, with coupons attached thereto,
for the payment of interest thereon semi-annually on the first
days of April and October in each and every year until the ma-
turity thereof, said coupons to bear the signature of the Presi-
dent and the Clerk to the President and Commissioners of
Northeast printed or written thereon. Said bonds shall be

 

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Session Laws, 1924
Volume 568, Page 146   View pdf image (33K)
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