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Session Laws, 1953
Volume 606, Page 518   View pdf image (33K)
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518 LAWS OF MARYLAND [CH. 277

a county, guaranteeing any bonds hereunder, from its
obligation under such guaranty to levy ad valorem taxes
upon assessable property within the corporate limits of
said county sufficient in rate and amount at any time to
pay the maturing principal and interest of any such bonds,
should the aforementioned benefit charges and district
taxes prove insufficient for said purpose for any reason.
In order that the prompt payment of interest on such notes,
certificates of indebtedness or bonds and the prompt pay-
ment of said notes, certificates of indebtedness or bonds as
they shall mature, shall be assured, the prompt and proper
performance of
the respective acts and duties heretofore
defined is specifically enjoined, and any failure upon the
part of any person, persons, body corporate or agency, to
perform the necessary acts and duties in this sub-title set
forth and to pay over said funds as required, or the use of
said funds or any part thereof for any other purpose than
is required by this sub-title, is hereby declared a crime and,
upon indictment and conviction in the Circuit Court for
the County, shall be punishable by a fine not exceeding
One Thousand Dollars or imprisonment not exceeding
three years, or both, in the discretion of the Court.

162. The County Commissioners shall keep a separate
record of its proceedings as District Council for each Tax-
ing and Assessment District; shall deposit all money
received by it on account of each district to the credit of
the County Commissioners as District Council for such
district; shall require the depository to give the same
security for the repayment of the money deposited and to
pay the same interest, as is now, or may hereafter be,
required by the laws relating to the deposit of county
funds.

SEC. 2. And be it further enacted, That Sections 559
to 565, inclusive, of the Code of Anne Arundel County
(1947 Edition), being Article 2 of the Code of Public Local
Laws of Maryland, title "Anne Arundel County", sub-title
"Taxing and Assessment Districts", be and they are hereby
repealed. Provided that such repeal shall not be construed
as in any manner affecting any bonds issued under the
provisions of said Sections 559 to 565, inclusive, of the
Code of Anne Arundel County or as affecting any action
or proceedings taken under said sections, but all such bonds
and any such action or proceedings shall be construed and
treated as if this Act had not been passed.

SEC. 3. And be it further enacted, That any action
taken or things done by any Board of County Commis-


 

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Session Laws, 1953
Volume 606, Page 518   View pdf image (33K)
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