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Session Laws, 1929
Volume 572, Page 542   View pdf image (33K)
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LAWS OF MARYLAND. [CH. 197

cretion of the Commissioners of Cambridge shall seem suffici-
ent to raise the money required for any of the said purposes,
and when required, without issuing and selling all of the said
bonds herein authorized, at one time, or the Commissioners
of Cambridge may sell; all of the said bonds herein authorized,
at one time, whichever shall be best, in its discretion. The
Commissioners of Cambridge shall have the right to reject
any and all proposals or bids for the said bonds, and in that
event, shall have full power and authority to sell the bonds
theretofore advertised, either at public sale, after re-advertise-
ment, or at private sale, without re-advertisement, the rights
of the purchaser or purchasers of the said bonds, or any of
them, shall in no way or manner be affected or impaired by
the application or misapplication, appropriation or misappro-
priation by the Commissioners of Cambridge of the money
arising from the sale of any or all of the said bonds.

SEC. 4. And be it further enacted, That the Commissioners
of Cambridge are authorized and directed to levy and collect
upon all the assessable property of the City of Cambridge, a
tax sufficient to promptly pay the principal and interest on
the said bonds, as the said principal and interest shall become
due and payable, and the said levy and collection of taxes
aforesaid, shall be made at the same time and in the same
manner, as the levy and collection of other municipal taxes.

SEC. 5. And be it further enacted, That the Commissioners
of Cambridge shall have full power and authority to appro-
priate the proceeds of sale of said bonds for any one or more
of the following municipal purposes, of the City of Cam-
bridge, that is to say:

(a) For the acquiring of land and other property neces-
sary for the creation and making of a public park, to be known
as the Cambridge Memorial Park, along and on the north side
of Water Street and between High Street and Mill Street,
in the City of Cambridge, and for the procuring and doing
of all things necessary for the purpose of making the said
Cambridge Memorial Park.

(b) For the location and placing of sewers within the cor-
porate limits of the City of Cambridge.

(c) For the curbing and/or paving and/or otherwise perma-
nently improving the public streets and thoroughfares within
the corporate limits of the City of Cambridge.


 

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Session Laws, 1929
Volume 572, Page 542   View pdf image (33K)
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