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Session Laws, 1936 (Special Session 1)
Volume 577, Page 109   View pdf image (33K)
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HARRY W. NICE, GOVERNOR. 109

CHAPTER 40.

AN ACT to repeal and re-enact with amendments Section
336 of Article 43 of the Annotated Code of Maryland,
1935 Supplement, title "Health, " sub-title "Water, Ice
and Sewerage, " so as to provide that bonds, stocks or
notes issued pursuant to said section shall be payable
pursuant to the provisions of Sections 348A to 348R,
inclusive.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That Section 336 of Article 43 of the Annotated
Code of Maryland, 1935 Supplement, title "Health, " sub-
title "Water, Ice and Sewerage, " be and the same is hereby
repealed, and re-enacted with amendments to read as
follows:

336. The State, or any County, legally constituted pub-
lic water, sewerage or sanitary district, or any munici-
pality, upon which an order of the State Board of Health is
served, shall through its proper official or department, pro-
ceed to raise such funds as may be necessary to comply with
such order within the time specified. When approved by
the Governor and Attorney-General, any County, legally
constituted public water, sewerage or sanitary district, or
municipality may raise such funds, or any part of them,
by issuing bonds, stocks or notes without prior legislative
enactment; and the question of issuance of such bonds,
stocks or notes shall not be required to be submitted to a
vote of the people. The money made available by bonds,
stocks or notes so issued shall constitute a sanitary fund,
and shall be used for no other purpose than for carrying
out the order or orders of the State Board of Health. At
no time shall the total outstanding issue of such bonds,
stocks or notes exceed two per cent of the total value of
all property within the limits of such County, district or
municipality, as listed and assessed for taxation. The
amount of bond, stock or note issue as allowed by this Sec-
tion may be in addition to the total indebtedness otherwise
permitted by law. No public moneys shall be expended by
the State, any County, legally constituted public water,
sewerage or sanitary district for any of the purposes
enumerated within this sub-title, unless such expenditure
and the amount thereof has been approved by the State
Board of Health. Said bonds, stocks or notes shall be for-
ever exempt from State, County or municipal taxation.
They shall be a lien upon all property within the jurisdic-

 

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Session Laws, 1936 (Special Session 1)
Volume 577, Page 109   View pdf image (33K)
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