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, 1943
Volume 584, Page 620   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

620 LAWS OF MARYLAND. [CH. 509

one time the total sum of two per centum of the assessed
valuation of all real and personal property in the Town
appearing on the assessment books of Prince George's
County, State of Maryland, and to issue bonds or certificates
of indebtedness therefor, to provide for the liquidation of
the same and the interest thereon by an additional tax to
be levied on the real and personal property in said town,
and to make the principal and interest of said bonds or cer-
tificates of indebtedness the direct obligation of said Town,
and to provide also that this Act may be submitted to the
qualified voters for two consecutive years; if the same fails
of passage when first submitted.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the Mayor and Common Council of Mount Rainier,
Maryland, a municipal corporation, are hereby authorized to
provide for and construct a system of Storm Water Sewers or
drainage and bridges and to maintain same in the Town of
Mount Rainier, Maryland, when, where, and in the manner to
be determined by the Mayor and Common Council.

SEC. 2. And be it further enacted, That to effectuate the con-
struction of storm water sewers, bridges and drainage men-
tioned in the preceding section, the Mayor and Common Coun-
cil of Mt. Rainier, Maryland, are hereby authorized and
empowered to borrow from time to time, on the credit of the
Town, a sum or sums of money which shall not, however, exceed
in amount at any one time the total sum of two per centum
of the assessed valuation of all real and personal property in
the Town appearing on the assessment books of Prince George's
County, State of Maryland; and to issue bonds or certificates
of indebtedness therefor, which shall be payable on or before
fifteen years from the date of issuance, with interest not to
exceed the rate of six per centum, payable semi-annually,
unless of shorter duration, then at the maturity of said obliga-
tion. The funds derived from the sale of said bonds or certifi-
cates of indebtedness shall be deposited by the Mayor and
Common Council of Mount Rainier, Maryland, in some safe
banking institution in the State of Maryland, to be determined
by them, and to be subject to the check of the Town Clerk and
Treasurer only when countersigned by the; Mayor and two
members of the Common Council. Out of said funds shall
be paid only the proper expense for the negotiation, sale and
liquidation of said bonds or certificates of indebtedness and
for the planning and construction of the Storm Water sewers,
bridges and drainage as provided for herein.

SEC. 3. And be it further enacted, That the Mayor and
Common Council of Mount Rainier, Maryland, are hereby

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1943
Volume 584, Page 620   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