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Session Laws, 1939
Volume 581, Page 220   View pdf image (33K)
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220 LAWS OF MARYLAND. [CH. 136

County, except so much thereof as lies within the area known
as Maryland-Washington Metropolitan District, as is defined
by existing law, sufficient to pay the annual interest on said
bonds outstanding, and to redeem said bonds as they mature
and become due, said taxes to be collected as other taxes levied
in said County are collected; provided, however, that if, for
any reason, in any year during which any bonds issued under
the authority of this Act shall remain outstanding, the pro-
ceeds of the said levy upon all the assessable property in
Montgomery County, except so much thereof as lies within the
area known as the Maryland-Washington Metropolitan Dis-
trict, as is defined by existing law, authorized and directed
by this section, shall be insufficient to pay the interest and/or
to redeem the bonds, as the case may be, in that year, then and
in that event the Board of County Commissioners of Mont-
gomery County are hereby authorized, directed, and empowered
to levy generally upon the assessable property in said County
an amount sufficient to make up the said deficit, either in
principal or interest, respectively.

SEC. 6. And be it further enacted, That this Act is hereby
declared to be an emergency law and necessary for the imme-
diate preservation of the public health and safety, and being
passed upon a yea and nay vote, supported by three-fifths of
all the members of the two Houses of the General Assembly,
the same shall take effect from the date of its passage.

Approved May 17, 1939.

CHAPTER 136.
(House Bill 303)

AN ACT to authorize and empower the Board of County Com-
missioners of Montgomery County in its discretion to borrow
on the faith and credit of the County to the amount of
One Hundred and Fifty Thousand Dollars ($150, 000. 00),
and to issue and sell bonds therefor, the proceeds thereof
to be used in the acquisition of the George Washington
Memorial Parkway in Montgomery County, under the direc-
tion of the Maryland-National Capital Park and Planning
Commission and the National Capital Park and Planning
Commission, and providing for the payment of interest on
the said bonds and the principal thereof by the levy of taxes,
and providing that this Act be passed as an emergency
measure.


 

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Session Laws, 1939
Volume 581, Page 220   View pdf image (33K)
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