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Session Laws, 1936 (Special Session 1)
Volume 577, Page 99   View pdf image (33K)
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HARRY W. NICE, GOVERNOR. 99

Havre de Grace shall levy a tax upon all the property within
the corporate limits of said municipality, and subject to as-
sessment for taxation, sufficient to provide a sum which to-
gether with so much of said earnings derived from said
water plant as may have been allocated by said Commission
to said payments, shall be sufficient to provide for the pay-
ment of principal and interest then due on said bonds.

SEC. 7. And be it further enacted by the General As-
sembly of Maryland, That in each and every year that any
of said Series C Bonds are outstanding, The Mayor and City
Council of Havre de Grace shall levy a tax upon all the
property within the corporate limits of said municipality
and subject to assessment for taxation, sufficient to provide
for the payment of the interest on said bonds as the same
becomes due and payable, and The Mayor and City Coun-
cil of Havre de Grace may in its discretion levy a tax on
said property in any fiscal year sufficient to provide for the
redemption of said bonds in whole or in part in the manner
hereinabove provided.

SEC. 8. And be it further enacted by the General As-
sembly of Maryland, That all laws or parts of laws incon-
sistent with the provisions of this Act be and the same are
hereby repealed to the extent of such inconsistency.

SEC. 9. And be it further enacted by the General As-
sembly of Maryland, That Chapter 47 of the Acts of the
General Assembly of Maryland, passed at its January Ses-
sion in the year 1935, and providing for the refunding of
a portion of the bonds hereby authorized to be refunded,
be and the same is hereby repealed.

SEC. 10. And be it further enacted by the General As-
sembly of Maryland, That this Act shall take effect from
the date of its passage.

Approved April 29, 1936.

CHAPTER 33.

AN ACT to authorize the Mayor and Councilmen of Frost-
burg to issue bonds to an amount not to exceed $180, -
000. 00, to refund $50, 000. 00 5% Frostburg Street Im-
provement Bonds of 1922, and to refund $30, 000. 00, 5%

 

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Session Laws, 1936 (Special Session 1)
Volume 577, Page 99   View pdf image (33K)
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