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Session Laws, 1927
Volume 569, Page 204   View pdf image (33K)
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204 LAWS OF MARYLAND. [CH. 136

CHAPTER 136.

AN ACT to authorize the Mayor and Council of Brunswick, in
Frederick County, Maryland, to issue and sell bonds to an
amount of money not exceeding thirty thousand ($30, 000)
dollars, for the purpose of street extensions and for perma-
nent improvements of existing streets, squares, alleys and
City Park in said town and to refer the question of the bond
issue to the qualified voters of said town.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the Mayor and Council of Brunswick, Frederick
County, Maryland, is hereby authorized and empowered to issue
and sell bonds to an amount of money not exceeding thirty thou-
sand ($30, 000) dollars for the purposes and under the condi-
tions set forth in this Act.

SEC. 2. And be it further enacted. That the Mayor and Coun-
cil of Brunswick, Frederick County, Maryland, is hereby au-
thorized to prepare an ordinance or ordinances setting out the
purpose or purposes to which the proceeds from the sale of bonds
provided for under the terms of this Act shall be devoted, and
which bonds the Mayor and Council of Brunswick, in Frederick
County, Maryland, a municipal corporation, is hereby author-
ized to make, execute and sell for the purpose of extending the
existing streets and for making and paying for permanent im-
provements on the existing streets, squares, alleys and City Park
in the Town of Brunswick, in Frederick County, Maryland,
provided that the aggregate of the bonds to be issued under this
Act shall not exceed thirty thousand ($30, 000) dollars.

SEC. 3. And be it further enacted, That the Mayor and Coun-
cil of Brunswick, in Frederick County, Maryland, is hereby au-
thorized and empowered to do all thing's necessary for the is-
suance of any such bonds and their sale under the most advan-
tageous conditions, and it is authorized and required to levy the
necessary taxes upon the taxable property of the corporation to
provide for the payment of the interest on such bonds, and to
create a sinking fund for their payments upon maturity, and
it is authorized to do all other things in connection with the is-
suance, sale and payment of the bonds at maturity and interest
thereon, as it shall accrue (for the purpose of street extensions
and for permanent improvements of existing streets, squares,
alleys and City Park in said town), provided for under any
such ordinance or ordinances as may be necessary or proper,
said bonds to be issued in such manner, for such amounts, and
to be payable at such time, and to bear such rate of interest as
the Mayor and Council of Brunswick shall by ordinance provide.

 

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Session Laws, 1927
Volume 569, Page 204   View pdf image (33K)
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