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Session Laws, 1941
Volume 582, Page 1745   View pdf image (33K)
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HERBERT R. O'CONOR, GOVERNOR. 1745

principal and the interest thereof shall be paid at some bank
or trust company to be determined by the County Commis-
sioners and the place of payment shall be stated on the bonds
and on the coupons. In case such bonds or any of them shall
be issued in any year after the making1 of the annual levy for
the year by the Board of 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 or all interest coming due before the next levy out of any
other funds at their disposal and to levy at the next levy to
reimburse such other funds.

SEC. 3. And be it further enacted, That in order to redeem
said bonds and to pay the interest and principal thereof when
and as the same may become due, the County Commissioners
of Prince George's County are hereby authorized and directed
to levy in each and every year upon the taxable basis of said
Prince George's County, a tax sufficient to pay the bonds
maturing during such year in accordance with the provisions
thereof, and to pay interest on all of the bonds authorized by
this Act, which may be outstanding and unredeemed in such
year, and the proceeds of such levy when collected and paid
shall be used for the purpose, and for no other purpose than
that for which such levy was made.

SEC. 4. And be it further enacted, That the Board of County
Commissioners of Prince George's County shall use the money
received from the sale of said bonds, or any part thereof, issued
hereunder immediately upon its receipt for the payment of the
necessary expenses of the issue of the loan and then for the
specific purposes for which said bonds have been issued, and
for no other purposes whatever. The Board of County Com-
missioners of Prince George's County is hereby given full
power and authority to do all things necessary to carry out
the purposes of this Act, even though the same may not be
specifically mentioned herein or in the general laws of the
State.

SEC. 5. And be it further enacted, That the Board of
County Commissioners of Prince George's County is hereby
authorized and directed to accept and/or receive grants or
funds from the United States Government and/or the State
of Maryland and/or any instrumentality of either, on such
terms and conditions as the County Commissioners may deter-
mine.

The Board of County Commissioners of Prince George's
County is further authorized and directed to accept from any
person, firm, corporation, estate, trustee, or other fiduciary,
bequests, gifts, grants, and devises of property real, personal,

 

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Session Laws, 1941
Volume 582, Page 1745   View pdf image (33K)   << PREVIOUS  NEXT >>


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