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Session Laws, 1953
Volume 606, Page 36   View pdf image (33K)
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36 LAWS OF MARYLAND [CH. 10

Article 31 of the Annotated Code of Maryland (1939 Edi-
tion); said bonds shall be exempt from all State, county
and municipal taxation, and shall have printed on them a
distinct reference to the Act authorizing their issuance.

SEC. 5. And be it further enacted, That the Burgess and
Commissioners of Woodsboro, in the event any of said
bonds are issued, be and it is hereby authorized and direct-
ed to levy each year so long as said bonds are outstanding
and not paid a tax sufficient to redeem the same at their
maturity and to pay the interest thereon, the proceeds of
said tax to be kept in a special fund and in no case to be
used for any other purpose. In case such bonds shall be
issued in any year after the making of the regular levy
for that year, then said Burgess and Commissioners is
authorized and directed to pay any and all interest coming
due before the next levy out of any other funds at its dis-
posal and to levy at the next succeeding levy, to reimburse
such other funds.

SEC. 6. And be it further enacted, That the Burgess
and Commissioners of Woodsboro be and it is hereby au-
thorized and empowered to do all acts and things necessary
to issue and sell said bonds, to have the same registered if
necessary, and to do all things necessary to carry out the
purposes of this Act, even though the same may not be
specifically mentioned herein or in any other Act relating
to said town.

SEC. 7. And be it further enacted, That this Act shall
take effect June 1, 1953.

Approved February 25, 1953.


CHAPTER 10
(House Bill 67)

AN ACT to repeal and re-enact with amendments, Sections
489A and 489B of Article 21 of the Code of Public Local
Laws of Maryland (1930 Edition), title "Talbot County",
sub-title "St. Michaels", sub-heading "Utilities Commis-
sion", as said section was amended by Chapter 598 of the
Acts of 1945, authorizing a reduction in amount of the

——————

EXPLANATION: Italics indicate new matter added to existing law.

[Brackets] indicate matter stricken from existing law.

CAPITALS indicate amendments to bill.

Strike out indicates matter stricken out of bill.


 

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Session Laws, 1953
Volume 606, Page 36   View pdf image (33K)
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