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Session Laws, 1933 (Special Session)
Volume 578, Page 181   View pdf image (33K)
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ALBERT C. RITCHIE, GOVERNOR. 181

CHAPTER 44,

AN ACT to add a new section to Article 22 of the Code of
Public Local Laws of Maryland, 1930 Edition, title
"Washington County, " sub-title, "Hagerstown, " said new
section to be known as Section 362A and to follow imme-
diately after Section 362 of said Article, authorizing and
empowering the Mayor and Council of Hagerstown to
borrow not to exceed $150, 000. 00 in any one year, for the
payment of current expenses, retirement of maturing
bonds, the payment of the interest on its bonded indebt-
edness and for other municipal expenditures.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That a new Section be, and is hereby added to
Article 22 of the Code of Public Local Laws of Maryland,
1930 Edition, Title, "Washington County, " Sub-Title,
"Hagerstown, " said new Section to be known as Section
362A to follow immediately after Section 362 of said
Article, and to read as follows:

362A. Whenever the amount of taxes collected in the
City of Hagerstown shall be insufficient for the payment of
current expenses, retirement of maturing bonds, the pay-
ment of the interest on its Bonded Indebtedness and for
other Municipal Expenditures, the Mayor and Council of
Hagerstown are hereby authorized and empowered to bor-
row on the faith and credit of said City of Hagerstown, for
the payment of current expenses, retirement of maturing
bonds, the payment of the interest on its Bonded Indebted-
ness and for other Municipal Expenditures, for a period of
time not to exceed one year, a sum or sums of money not
to exceed $150, 000. 00 in the aggregate, in any one year,
and to issue for said indebtedness the note or notes of the
Mayor and Council of Hagerstown, said note or notes to be
signed by the Mayor of said Hagerstown, and counter-
signed by the Clerk of the Mayor and Council of Hagers-
town, and to bear interest from the date of their issue.

SEC. 2. And be it further enacted. That this Act is here-
by declared to be 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 December 15, 1933.

 

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Session Laws, 1933 (Special Session)
Volume 578, Page 181   View pdf image (33K)
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