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Session Laws, 1951
Volume 603, Page 1022   View pdf image (33K)
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1022 LAWS OF MARYLAND [CH. 323

er said bonds shall be made redeemable before maturity, at
the option of the County, and the redemption prices to
be offered. The principal and interest of said bonds may,
by said Board of County Commissioners, be made payable
in any lawful medium and at any place either within or
without the State of Maryland, and said bonds may be is-
sued in coupon or registration form or be issued subject
to registration as to principal only, or as to both principal
and interest, upon such terms and conditions as said Board
of County Commissioners shall provide. Said Board of
County Commissioners shall also provide for the manner
of executing and sealing said bonds, which, in each in-
stance, may be by facsimile, and in case any officer whose
signature or facsimile thereof shall appear on any such
bond, or on the coupons attached thereto, shall cease to
be such officer before the delivery thereof, such signature
shall nevertheless be valid and sufficient for all purposes
the same as if he had remained in office until such delivery.
Said Board of County Commissioners may, by appropriate
resolution, provide for the replacement of any bonds is-
sued hereunder which shall have become mutilated or be
destroyed or lost upon such condition and after receiving
such indemnity as said Board of County Commissioners
may think it proper and necessary to stipulate and require.

SEC. 2. And be it further enacted, That the proceeds of
the said bonds, or any issue thereof, may, in the discretion
of the County Commissioners, upon the recommendations
of the Advisory Board created by Chapter 662 of the Acts
of 1945 of the General Assembly of Maryland, be allocated
by said County Commissioners and expended for the fol-
lowing purposes:

(1) Such amount of the proceeds of the said bonds as
shall be necessary may be allocated and expended for the
construction of a two-lane, all service highway along the
right-of-way of the abandoned trolley line of the Capital
Transit Company between Branchville and Beltsville. In
this connection the County Commissioners shall have the
authority and power to acquire said right-of-way and
whatever other land it shall find necessary by dedication,
gift, purchase or condemnation, including buildings or
other structures which may be hazardous, unsightly, or
dangerous to traffic along said highway, and they are also
hereby empowered to accept any available aid or assist-
ance, if tendered, by the State Roads Commission, the Fed-
eral Works Agency, the Public Roads Administration, or
any other State, Federal, Regional or local agency of gov-
ernment.


 

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Session Laws, 1951
Volume 603, Page 1022   View pdf image (33K)
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