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Session Laws, 1929
Volume 572, Page 124   View pdf image (33K)
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124 LAWS OF MARYLAND. [CH. 60

men of Frederick on the 30th day of January, 1929, and
(6) providing payment for such other permanent municipal
improvements, as in its judgment, may be necessary or de-
sirable.

SEC. 2. And be it further enacted, That The Mayor and
Aldermen of Frederick is hereby authorized and empowered
to provide by ordinance or ordinances, at such time or times
as it shall think proper, for the issue and sale of said bonds,
or any part thereof, for any or all of the purposes set forth
in this Act, and all bonds issued in pursuance of this Act and
in accordance with the ordinance or ordinances, passed in
pursuance thereof, for any or all of the purposes set forth
herein, may be issued and sold at one time and included in
one issue of bonds, or may be issued and sold at different
times and embodied in several issues of bonds, provided that
the total amount of bonds issued under this Act for all pur-
poses hereinbefore set forth shall not exceed in the aggregate
Two Hundred and Fifty Thousand Dollars ($250, 000. 00),
par value, and any ordinance, or ordinances, providing for
the issue of said bonds, or any part thereof, shall specify the
approximate cost of any proposed improvement or improve-
ments.

SEC. 3. And be it further enacted, That The Mayor and
Aldermen of Frederick is hereby authorized and empowered
to sell said bonds, or any part thereof, by bid upon sealed
proposals, after having given at least three weeks public notice
by advertisement inserted in at least two newspapers pub-
lished in Frederick City, and such other notice as it shall
think proper, provided that said bonds shall not be sold except
for cash. Said bonds when issued shall be exempt from State,
county and municipal taxation.

SEC. 4. And be it further enacted, That The Mayor and
Aldermen of Frederick is hereby authorized and empowered
to do all things necessary for the issuance of said bonds, or
any part thereof, and their offering for sale under the most
advantageous conditions, which it may think proper, said bonds
to be issued in such manner, for such amounts, to bear such
dates, to be payable at such times and to bear such rate of
interest as The Mayor and Aldermen of Frederick shall by
ordinance or ordinances provide, and said bonds shall be


 

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Session Laws, 1929
Volume 572, Page 124   View pdf image (33K)
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