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Session Laws, 1927
Volume 569, Page 1305   View pdf image (33K)
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ALBERT C. RITCHIE, GOVERNOR. 1305

CHAPTER 650.

AN ACT to repeal and re-enact with amendments Section 2 of
Chapter 301 of the Acts of 1924, authorizing instead of di-
recting the County Commissioners of Montgomery County to
issue bonds for roads under certain conditions.

SECTION 1. Be it enacted by the General Assemby of Mary-
land, That Section 2 of Chapter 301 of the Acts of 1924 be and
it is hereby repealed and re-enacted with amendments to read
as follows:

2. None of the said bonds authorized in Section 1 of this
Act shall be issued except on the following conditions:

Whenever twenty-five per centum (25%) of the taxpayers
in any Election District in Montgomery County shall petition
the County Commissioners of said county for the permanent
improvement of any road in said district, and said petition is
accompanied by pledges or subscriptions, in such form as may
be prescribed by the said Commissioners, agreeing to pay ten
per centum (10%) of the cost of said improvement, the said
County Commissioners may and they are hereby author-
ized to issue the bonds authorized by Section 1 of this
Act to an amount sufficient to pay the balance of the cost
of improving said road not otherwise provided for, but in no
event to exceed seventy-five thousand ($75,000) dollars per
year as provided in Section 1 of this Act, nor shall more than
two miles be constructed in any Election District in any one
year under the provisions of this Act. Provided, however, that
no bonds shall be issued under the provisions of this Act until
the ten per cent (10%) of the 'Cost to be paid by the petitioners
shall have paid in cash to the said County Commissioners.

The cost of constructing the permanent improved roads under
the provisions of this Act shall be paid in the following manner:

(a) Ten per cent. (10%) of the cost shall be paid by the
persons making the subscriptions or pledges filed at the time the
petition is submitted to the County Commissioners.

(b) Forty per cent. (40%) of the cost shall be paid by
taxes levied on the assessable property of the Election District
in which the road is constructed or by bonds to be issued by
the County Commissioners, but the interest and principal of
such bonds to be paid from taxes to be levied on the assessable
property of such District, or by private contributions, or part-
ly by all three methods.

(c) Fifty per cent. (50%) of the cost shall be paid from the
proceeds of the sale of bonds to be issued by the County Com-

 

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Session Laws, 1927
Volume 569, Page 1305   View pdf image (33K)
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