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Session Laws, 1951
Volume 603, Page 1252   View pdf image (33K)
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1252 LAWS OF MARYLAND [CH. 446

bonds are issued. Any balance remaining after the purchase of
said voting machines shall be used to pay the interest on or to
redeem any of said bonds.

In order to pay the principal of and interest on said bonds
when and as the same become due and payable, the Board of
County Commissioners of each county issuing the same are
hereby authorized and directed to levy in each and every year
in which any of said bonds are outstanding upon the taxable
basis of said county a tax sufficient in rate and amount (a)
if said bonds are issued in series maturing at stated periods and
a portion of the principal is made payable annually, to pay the
interest and the portion of the principal payable in such year,
or (b) if said bonds are not issued in series, but are payable
or redeemable in whole at a fixed date of maturity, to pay the
interest on said bonds in such year and to produce a sum suf-
ficient to accumulate a sinking fund for the redemption and
payment of said bonds at maturity, and the proceeds of such
levy when collected and paid shall be used for such purposes
and for no
other purpose than that for which such levy was
made; provided, however, that if the interest on such bonds
matures before the levy, or before a sufficient amount of taxes
levied for the purpose of paying said interest is collected, the
said Board of County Commissioners may pay said interest
out of the proceeds of the sale of said bonds.

The Board of Supervisors of Elections in each county shall
have the power to rent or lease voting machines to any munici-
pal corporation or special tax area in that county, for use in
any election or referendum vote in such municipal corporation
or special tax area. Such rental or lease shall be on such terms
and conditions as may be determined by the Board of Super-
visors of Elections and the municipal corporation or special
tax area. The Board of Supervisors of Elections shall account
for and pay over to the Board of County Commissioners all
monies received in payment for rentals or leases made under
this section, within thirty days after the receipt thereof. Every
municipal corporation and special tax area in the State is
hereby authorized and empowered to rent or lease voting ma-
chines in this manner, and to use the same in any election or
referendum vote within its corporate limits or boundaries, any
law, ordinance or resolution to the contrary notwithstanding.

The bonds issued under the provisions of this section, their
transfer and the income therefrom
(including any profit made
on the sale thereof) shall at all times be free from taxation by
the State of Maryland or any of its political subdivisions, or by
any town or incorporated municipality or any other public
agency within the State.



 

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Session Laws, 1951
Volume 603, Page 1252   View pdf image (33K)
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