clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
Session Laws, 1935
Volume 579, Page 917   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

HARRY W. NICE, GOVERNOR. 917

in the town of Hyattsville, including the purchase of land if
necessary.

Fifty thousand dollars ($50, 000), or so much thereof as
may be necessary for the construction and equipment of a
school building or an addition to a school building in or near
the town of Bladensburg, including the purchase of land if
necessary.

The said Board of Education is thereupon authorized to
issue coupon bonds therefor in denominations of not less
than one hundred dollars ($100) nor more than one thous-
and dollars ($1, 000. 00) each to be signed by the president
of said Board of Education of Prince George's County and
countersigned by the County Superintendent of Schools
with the seal of the Board attached, provided that the
coupons for the interest thereof may be authenticated by
the engraved, lithographed or printed signatures of the
president of said Board and the County Superintendent.
Said bonds shall be dated on such date as the Board of Edu-
cation may fix, and shall bear interest at a rate to be fixed
in the resolution of the Board of County Commissioners of
Prince George's County, hereinbefore mentioned, not to
exceed five per cent (5%) per annum, payable semi-annu-
ally in each and every year until maturity, shall be exempt
from all county, State and municipal taxation, shall have
printed on them a reference to this Act as authorizing the
issue thereof, and may be registered as to the principal
by the County Superintendent in a separate book to be
kept by him for that purpose, if such registration is desired
at any time by any holder thereof. The principal and inter-
est thereof shall be payable at some bank or trust company
to be determined by said Board of Education and the place
of payment shall be stated on the bonds and coupons. In
case such bonds or any of them shall be issued in any year
after the making of the annual levy for that year by the
County Commissioners of Prince George's County, then said
Board of County Commissioners of Prince George's County
is authorized and directed to pay any and all interest com-
ing due before the next levy out of any other funds in their
disposal and to levy at the next levy to reimburse such
other funds.

Said bonds shall be issued according to what is known
as the serial annuity plan, and each issue shall be in series,
lettered in accordance with the following table. If the
entire amount of one hundred sixty-five thousand dollars
($165, 000. 00) authorized herein shall be issued at one

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1935
Volume 579, Page 917   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  August 17, 2024
Maryland State Archives