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Session Laws, 1961
Volume 654, Page 693   View pdf image (33K)
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J. MILLARD TAWES, GOVERNOR                               693

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 8-19 of the Code of Public Local Laws of Frederick
County County 1959
FREDERICK COUNTY CODE, 1959, being
Article 11 of the Code of Public Local Laws of Maryland, title
"Frederick County", sub-title "Part I. General Local Laws", sub-
heading "Taxation and Finance" "FINANCE AND TAXATION",
be and it is hereby repealed and re-enacted, with amendments, to
read as follows:

8-19.

The county commissioners shall not after the first day of July,
1920, create any obligation or liability on the part of or on the
credit of the county which shall be a floating debt, nor issue any
certificates of indebtedness, nor shall the board borrow any money
whatsoever for any purpose without special legislative authority
to make the loan. n IN case of any deficiency in revenue and taxation
to meet the amounts provided in the estimates, there shall be a pro-
rata abatement of all appropriations, except for the payment of the
state taxes, the principal and interest of the county debt and salaries
and obligations fixed by law. In case of any surplus arising in any
fiscal year by reason of excess income received from the estimated
revenue over the expenditures for such year or by reason of unex-
pended appropriations for unexpended emergency fund for such
year or from increment from the sale of bonds or other reason, the
surplus shall be passed by the board of county commissioners to a
fund which shall be a part of the revenue for the ensuing fiscal year;
provided, that the county commissioners are authorized to borrow
temporarily, on promissory notes during any one year, a sum of money
not to exceed the sum of fifty thousand dollars, to pay the interest on
the bonded indebtedness of the county, such temporary notes to
mature and be paid not later than September thirtieth of the same
calendar year in which such sum may be borrowed, and provided
further, that in addition to the authority to borrow, the county com-
missioners are hereby authorized to borrow, on the credit of the
county, on promissory notes, such sums of money, not to exceed the
sum of [fifty] three hundred thousand dollars in any one year for
the purpose of paying any expenses or obligations of the county,
even though no specific legislative authority to make the particular
loan shall have been first had and obtained.

Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1961.

Approved April 24, 1961.

CHAPTER 504
(House Bill 389)

AN ACT to add a new section to Article 33 of the Annotated Code
of Maryland (1957 Edition), title "Elections", sub-title "Registra-
tion by Permanent Boards of Registry", said section to be known
as Section 38A and to follow immediately after Section 38 of said
Article, to provide for a new registration of voters in Baltimore
County.

 

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Session Laws, 1961
Volume 654, Page 693   View pdf image (33K)
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