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Session Laws, 1927
Volume 569, Page 93   View pdf image (33K)
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ALBERT C. RITCHIE, GOVERNOR. 93

SEC. 3. And be it further enacted. That should the road fund
levied for the years 1928 and 1929 be insufficient or is exhausted
before the levies for 1928 and 1929 are made, and the roads
should become in dangerous condition and it should become
necessary to maintain and keep in proper condition the public
roads in Wicomico County until the levy is made and available
for said years, the County Commissioners of Wicomico County
are authorized and empowered to borrow, not exceeding twenty-
five thousand dollars ($25, 000), when the necessity or emer-
gency may arise to require the expenditure of such sum or sums
of money not exceeding the sum of twenty-five thousand dollars
($25, 000. 00), in each of said years, providing, however, that the
money so expended shall be levied for and repaid out of the
county levy for each of said years 1928 and 1929 and repaid
as provided for in Section 1, of this Act. The payment of
money so borrowed to be secured by the note or notes of said
County Commissioners, and to be signed by the President of
said County Commissioners and countersigned by the Treasurer
of Wicomico County, and bear interest from date of same, said
notes to be paid out of the respective levies to be made in the
years 1928 and 1929.

SEC. 4. And be it further enacted, That this Act is hereby
declared to be an emergency law and necessary for the imme-
diate preservation of the public safety, and being passed upon
a yea and nay vote supported by three-fifths of all of the mem-
bers elected to each of the two Houses of the General Assembly,
"the same shall take effect from the date of its passage.

Approved March 11, 1927.

CHAPTER 74.

AN ACT to provide for the refunding and extension of the
indebtedness of the Mayor and Councilmen of Frostburg au-
thorized under Chapter 69 of the Acts of the General Assem-
bly of Maryland of 1898 amounting to Thirty-six Thousand
($36, 000. 00) Dollars, and to provide for a sinking fund for
the redemption of said bonds.

WHEREAS, the Mayor and Councilmen of Frostburg heretofore
issued Bonds of the Mayor and Councilmen of Frostburg under
authority vested in it by Chapter 69 of the Acts of the General
Assembly of Maryland of 1898, in the sum of Fifty-five Thou-
sand ($55, 000. 00) Dollars of which amount Nineteen Thousand

 

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Session Laws, 1927
Volume 569, Page 93   View pdf image (33K)
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