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, 1955
Volume 620, Page 296   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

296                               LAWS OF MARYLAND                        [CH. 205

CESS WEIGHT, GIVE A CREDIT FOR ANY EXCESS WEIGHT
CAUSED BY AN ACCUMULATION OF CINDERS, SNOW OR
ICE.

SEC. 2. And be it further enacted, That this Act shall take effect
June 1, 1955.

Approved April 1, 1955.

CHAPTER 205
(Senate Bill 198)

AN ACT to authorize and empower the Board of Education of
Anne Arundel County, with the approval of the County Commis-
sioners of Anne Arundel County, from time to time, to borrow
money in order to finance the construction or extension of public
schools in said County, as herein defined, and to effect such bor-
rowing by the issuance and sale to the highest bidder or bidders
at public sale of its bonds upon its full faith and credit and upon
the full faith and credit of the County Commissioners of Anne
Arundel County, subject to the limitation that the total indebted-
ness that may be incurred hereunder shall not exceed Eight Mil-
lion Dollars ($8,000,000) in the aggregate; empowering said
Board to fix And determine, by Resolution, the form, tenor, in-
terest rate or method of arriving at the same, terms, including
redemption and registration provisions, conditions, maturities,
and all other details incident or necessary to the issuance, public
sale and delivery of said bonds, without reference to any other
law heretofore enacted; prescribing the method and manner of
selling said bonds at public sale; empowering said Board, subject
to certain limitations, to sell said bonds at, above or below the
par value thereof; empowering said Board to provide for the
redemption of said bonds in advance of maturity and to provide
for the payment of a premium in excess of par in connection with
any such redemption; expressly permitting said Board, in its
discretion, to provide for the execution and authentication of
said bonds in facsimile, both on behalf of said Board and said
County; empowering and directing the County Commissioners
of Anne Arundel County to unconditionally guarantee the payment
of principal and interest of any such bonds so issued; empowering
and directing said Board and said County to apply to the payment
of principal and interest of said bonds any funds received from
the State of Maryland and the United States which may be prop-
erly allocable to said purpose; empowering and directing said
County to contract to levy and to levy, impose or fix annually ad
valorem taxes which, in addition to any State or Federal allot-
ments will provide funds sufficient for the payment of said matur-
ing principal and interest; excepting the authority hereby con-
ferred from certain local laws and exempting any of said bonds
so issued and the interest payable thereon from all State, county
and municipal taxation in the State of Maryland.

SECTION 1. Be it enacted by the General Assembly of Maryland,
That, as used herein, the term "Board" shall mean the public body

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.

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1955
Volume 620, Page 296   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  November 18, 2025
Maryland State Archives