clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
Session Laws, 1927
Volume 569, Page 343   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

ALBERT C. RITCHIE, GOVERNOR. 343
CHAPTER 193.

AN ACT to authorize and direct the County Commissioners
for Montgomery County to issue bonds in an amount not to
exceed twenty-two thousand dollars and to levy and collect
taxes on the assessable property of Montgomery County, in
the First and Third Precincts of the Thirteenth Election
District of said County, for the payment of said bonds and
interest coupons thereon, for the purpose of improving cer-
tain roads in said precincts.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the County Commissioners of Montgomery County
are hereby authorized and directed to borrow on the credit of
said County a sum of money not to exceed twenty-two thousand
dollars ($22, 000), and to issue coupon bonds in such sums as
the County Commissioners may direct, said bonds to bear in-
terest from the date of the issue thereof, at a rate of not more
than five per centum, per annum, payable semi-annually, and
which said interest in the maturity of each of said bonds shall be
provided for and set forth in the coupons attached to each of said
bonds, respectively, for the interest due and payable thereon;
and shall be so issued that one thousand dollars ($1, 000) thereof
shall mature and be payable one year from date of issue, and one
thousand dollars ($1, 000) annually thereafter until all of said
bond's shall mature and be paid; and said bonds shall have
printed on them a distinct reference to this Act authorizing
their issue.

SEC. 2. And be it further enacted, That the County Commis-
sioners shall cause to be levied and collected on the assessable
property of the First and Third Precincts of the Thirteenth
Election District an additional tax annually sufficient to pay
the said bonds and interest or coupons as they severally mature,
as the County Commissioners shall by resolution provide for the
series and denomination of said bonds and coupons thereon:
and the said special tax or levy shall be a lien upon the taxable
property of said First and Third Precincts of said Thirteenth
Election District of said County and upon the taxable property
of said County, and the said tax shall be collected in each and
every year, as other taxes in said County are collected, and
when collected shall be applied, as herein provided, to the
payment of said bonds as they severally mature and the interest
thereon semi-annually, and shall be non-contestable for any
cause whatsoever; and the said bonds shall be cancelled when
redeemed.

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1927
Volume 569, Page 343   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  October 10, 2023
Maryland State Archives