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Session Laws, 1941
Volume 582, Page 1830   View pdf image (33K)
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1830 LAWS OF MARYLAND. [CH. 935

or special election held for that purpose be first had and
obtained after twenty days' public notice by advertisement in
two newspapers, if so many be published in said City.

SEC. 50. The Mayor and City Council is hereby authorized
and empowered to borrow on the faith and credit of the City
any sum or sums of money, other than for temporary use or
for refunding purposes, and may issue bonds of indebtedness
for the same in such sums payable at such times and on such
conditions as they may by ordinance prescribe, providing first,
however, that said bonded debt or debts be fully liquidated
within thirty (30) years from the date of their issue and
further providing that the assent of a majority of the legal
voters cast at a general or special election held for that pur-
pose be first had and obtained after twenty days' public
notice by advertisement in two newspapers, if so many be pub-
lished in said City.

SEC. 51. The creation of any bonded indebtedness for the
liquidation of any floating debt, in whole or in part, regard-
less of what portion of said bonded debt is to be used for any
other purpose than discharging the floating debt, is strictly
prohibited after January 1st, 1942.

SEC. 52. Both the notice by publication and the description
on the ballots setting forth the purpose of such loan or loans
shall be complete and described with minute particularity
and no portion of the funds so authorized to be spent may be
disposed of in any other manner.

SEC. 53. No such proposition shall again be submitted to
popular vote until at least six months have elapsed from the
date of the election at which said proposition was disapproved.

SEC. 54. No indebtedness created contrary to these pro-
visions shall be enforcible for collection of either interest or
principal by the holder or holders thereof whosoever it, he or
they may be.

EXISTING ORDINANCES.

SEC. 55. All ordinances heretofore passed by the Mayor and
City Council of Havre de Grace and now in force and not in
conflict with the provisions of this Charter will continue in
force until the same are repealed or modified.

POLICE JUSTICES.

SEC. 56. For the enforcement of City ordinances the Trial
Magistrate appointed for the City by the Governor of Mary-

 

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Session Laws, 1941
Volume 582, Page 1830   View pdf image (33K)   << PREVIOUS  NEXT >>


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