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Session Laws, 1936 (Special Session 1)
Volume 577, Page 171   View pdf image (33K)
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HARRY W. NICE, GOVERNOR. 171

CHAPTER 62.

AN ACT to authorize and empower the County Commis-
sioners of Washington County "to purchase and improve
any real estate with the improvements and equipment
thereon, located in the City of Hagerstown, for the pur-
pose of providing additional office and storage facilities
for County purposes, or that might be used for any other
lawful purpose designated by said County Commissioners
and under certain conditions, to issue bonds for the pay-
ment thereof.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That the County Commissioners of Washington
County be, and they are, hereby authorized and empow-
ered to purchase from the United States Government, the
State of Maryland, the City of Hagerstown, or any person,
firm or corporation in the State of Maryland, any real
estate, together with the improvements thereon, and any
equipment connected therewith, located in the City of Ha-
gerstown, and to make necessary improvements thereto for
the purpose of providing additional office storage facilities
for the use of any of the local Board, commissions, officers
or employees of Washington County, or for any other law-
ful purpose designated by said County Commissioners at
and for a sum not to exceed Fifty Thousand Dollars
($50, 000. 00).

SEC. 2. And be it further enacted by the General As-
sembly of Maryland, That the County Commissioners of
said County be, and they are hereby authorized and empow-
ered to issue Serial Coupon Bonds in the sums of One
Thousand Dollars ($1000. 00) or in the sums less than One
Thousand Dollars ($1000. 00) if the Board of County Com-
missioners should so decide, to be signed by the President
of the Board of County Commissioners, and countersigned
by the Clerk of said Board, and the sum of money received
from the sale of said bonds is to be used in the payment
of the purchase price for the ground, building, equipment,
etc., mentioned in Section 1, providing said purchase price
is not less than Twenty Thousand Dollars ($20, 000. 00) nor
more than Fifty Thousand Dollars ($50, 000. 00) and said
bonds are to bear interest at a rate not to exceed three and
three-fourth per cent (3%%) per annum, payable semi-
annually, on the first day of January and July in each and
every year; said bonds shall be exempt from State, County
and Municipal taxation and said bonds shall be sold by

 

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Session Laws, 1936 (Special Session 1)
Volume 577, Page 171   View pdf image (33K)
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