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, 1953
Volume 606, Page 1059   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

THEODORE R. MCKELDIN, GOVERNOR 1059

sufficient in rate and amount to pay any such deficiency in
principal and interest requirements on said outstanding
bonds. The proceeds of any such tax shall be kept in a
special fund and shall in no case be used for any other pur-
pose. In case such bonds shall be issued in any year after
the making of the regular levy for that year, then the
Mayor and City Council of Laurel is empowered, authorized
and directed to pay any and all interest coming due before
the next levy, out of any other funds at its disposal, and to
levy at the next succeeding levy an amount sufficient to
reimburse such other funds.

SEC. 6. And be it further enacted, That the Mayor and
City Council of Laurel be and it is hereby authorized and
empowered to do all things necessary to issue and sell said
bonds, to provide for the registration of the same if de-
sired, and to carry out the purposes of this Act, even
though the same may not be specifically mentioned herein
or in the Charter of the Town of Laurel, or in any other
Act relating to the said Town. The amount of bonds au-
thorized to be issued hereunder shall be in addition to all
other indebtedness of the Town of Laurel heretofore au-
thorized, and shall not be subject to any limitation in the
Charter of the Town, or in any other Act relating thereto,
either on the amount of the bonded indebtedness of said
Town or the amount of taxes which may be levied for the
payment thereof.

SEC. 7. And be it further enacted, That before any
bonds shall be issued and sold pursuant to this Act, the
question of such issue shall first be submitted to the legally
qualified voters of the Town of Laurel at a special election
on such date, not later than December 31, 1953, as shall be
determined by the Mayor and City Council of said Town.
There shall be printed on the ballots to be used at said
election the title of this Act, the amount of bonds authorized
to be issued, and the purpose for which the proceeds will
be used, and below said title, on separate lines, a square or
box to the right of and opposite the words "For Bond Is-
suance", and a corresponding square box to the right of and
opposite the words "Against Bond Issuance", so that the
voters shall be able to designate by a cross mark in the
proper square or box their respective votes for or against
said bond issue. If a majority of the votes cast shall be
"For Bond Issuance", then said bonds shall be issued and
sold, but if a majority of the votes cast shall be "Against
Bond Issuance", then said bonds shall not be issued or sold.


 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1953
Volume 606, Page 1059   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