ALBERT C. RITCHIE, GOVERNOR. 167
of the said Mayor and Common Council, said note or notes to
be signed by the Mayor of said town, the seal of said munici-
pal corporation attached and attested by the Clerk of said town,
for the purpose of liquidating the floating indebtedness of said
town amounting to thirty-seven hundred dollars, the improve-
ment of the streets thereof, the preservation of the health and
safety of the inhabitants of said town, and for other municipal
purposes.
73D. At any time hereafter that it may become necessary
for the said Mayor and Common Council of Manchester, Mary-
land, to borrow money for the necessary and proper adminis-
tration of the affairs of said town, the improvement of the
streets of said town, the preservation of the health and safety
of the inhabitants thereof, or for other municipal purposes, the
said Mayor and Common Council of Manchester, Maryland,
shall have the power and authority to borrow on the note or
notes of the said Mayor and Common Council of Manchester,
Maryland, such sum or sums of money as may be necessary,
not to exceed in the aggregate at any time whatsoever the sum
of ten thousand dollars, said note or notes to be executed as
prescribed in the preceding section.
73E. In order to pay any or all promissory notes which
may be executed and delivered by the said Mayor and Common
Council of Manchester, Maryland, in acknowledgment of
money lent to said Mayor and Common Council of Manchester,
Maryland, as the same shall become due and payable, the said
Mayor and Common Council shall have the power and author-
ity to levy upon the assessable property within the limits of
said town a tax, in addition to what they are now authorized
to levy, sufficient therefor, not to exceed, however, in any one
year, the rate of ten cents upon each one hundred dollars of
assessable basis.
SEC. 2. And be it further enacted, That this Act is an
emergency law and necessary for the immediate preservation
of the public health and safety, and having been passed by a
yea and nay vote, supported by three-fifths of all the members
elected to each of the two Houses of the General Assembly, the
same shall take effect from the date of its passage.
Approved April 2, 1929.
|
|