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Session Laws 1956 (Special Session 1), House and Senate Journals
Volume 622, Page 52   View pdf image (33K)
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52                                Laws of Maryland                        [Ch. 10

orized herein by bid of sealed proposals at the offer which in the
discretion of said Board is most advantageous to the County, after
having given such public notice as it may deem proper of the time,
place, manner, and terms of sale, the right being reserved to reject
any or all bids. Said bonds shall not be sold except for cash, nor
for less than par, and when issued shall be exempt from state, county
and municipal taxation. Said bonds shall be signed by the Presi-
dent of the Board of County Commissioners of Prince George's
County and the Clerk of said Board, with the corporate seal of the
said Board affixed; provided that the coupons for the interest at-
tached thereto may be authenticated by the engraved, lithographed
or printed signatures of the President of the said Board. Said bonds
may be registered as to the principal by the Clerk to said Board
in a separate book kept by him for that purpose, if such registration
is desired by the holder thereof. The principal and the interest there-
of shall be paid at some bank or trust company to be determined by
the County Commissioners and the place of payment shall be stated
on the bonds and on the coupons. In case such bonds or any of them
shall be issued in any year after the making of the annual levy for
the year by the Board of County Commissioners of Prince George's
County, then said Board of County Commissioners of Prince George's
County is authorized and directed to pay any or all interest com-
ing due before the next levy out of any other funds at their disposal
and to levy at the next levy to reimburse such other funds.

Sec. 3. And be it further enacted, That in order to redeem said
bonds and to pay the interest and principal thereof when and as
the same may become due, the County Commissioners of Prince
George's County are hereby authorized and directed to levy in each
and every year upon the taxable basis of said Prince George's
County, a tax sufficient to pay the bonds maturing during such year
in accordance with the provisions thereof, and to pay interest on all
of the bonds authorized by this Act, which may be outstanding
and unredeemed in such year.

Sec. 4. And be it further enacted, That the Board of County
Commissioners of Prince George's County shall use the money
received from the sale of said bonds or any part thereof issued
hereunder for the purpose of constructing and equipping one or
more additions to said hospital including health and welfare facil-
ities if deemed desirable, or other buildings deemed necessary for
the health of the people of Prince George's County, all such im-
provements to be made on land adjacent to said hospital.

Sec. 5. And be it further enacted, That this Act is hereby de-
clared to be an emergency measure and necessary for the immediate-
preservation of the public health and safety and having been passed
by a yea and nay vote, supported by three-fifths of all the members
elected to each of the two houses of the General Assembly of Mary-
land, the same shall take effect from the date of its passage.

Approved March 26, 1956.

 

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Session Laws 1956 (Special Session 1), House and Senate Journals
Volume 622, Page 52   View pdf image (33K)
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