Saint Mary's beacon. [volume] (Leonard Town, Md.) 1867-1983, 1872-03-28

e~su ooHus sHsff Iiot ce issued IN aCy grel
ter instalmcnts nos At any earlier period
than above provided for.
See. 5. And be it enacted. That IN
County Commissioners of each of SAT-
counties be. and they are hereby au.ho
rized. to sell or pledge the shares of stccI
which mag be so subscribed for and hsl,
by the County Commissioners of said coun
lies respectively, and apply the proceed
10 the payment Of the respective bonds is
sued by the County Commissioners Of sait
counties respectively. and the inseres
thereon.
: Sec. S. And be il enacted, That 81
long as the said bonds Of any one of said
counties, both principal and interest shal
remain unpaid. all dividends upon said
stock so to be subscribed by such county
shal! be paid by the said company inte
The State Treasury to be added to tho
proper sinking fund for suc', county. crea.
ted under the provisions of this Act un-
less the said stock shall have been sold By
the County Commissioners Of such county
rs hereinbefore r~ovided
/ See. 7. And be it enacted, That the
County Commissioners of each Of the said
counties. or n majority of ;hc County Com
mis>ioners II each of said counties. are
hereby empowered to vote the stock SO
TO Be subscribed for by their respective
counties at any meeting Of the stockhol-
ders of the said company. either in per-
son or BY proxy, under such conditions rs
; the private stockholders may be authorized
TO vote their individual stock.
See s. And be it enacted. That i;
shall be lawful at any time for anv tax
payer of either of said counties to transfer
TO and deposit with the County Commits
sioners of the county in which is situate
the property as taxed, an amount of the
said bonds Of such county equal TO one
twentieth part Of the assnssablc property
of such taxpayer in such county. aid upon
making such transfer aud deposit, such
taxpayer shall be forever thereafter fully,
anl to al intcnts ana purposes. released
exempted. acquit and discharged from anv
and all further tax or assessments. to b.
thereafter levied on account of the princi
pal and interest of said bonds Of such
county hereby authorized tn Be- issued in
payment Of said subscription, and the
County Commissioners Of such county
shall execute and deliver to every taxpav-
er making such transfer aid deposit re-
ceipt agreement and contrac. in wrtiny.
signed by the County Commissioners Of
such county on behalf of the said county.
stating the receipt of said specified amount,
and declaring, contracting anu agreeing
tha' in consideration thereof such taxpay-
or is. and shall BE-, forever there ter fully
released. exempted and discharged from
any further payment of taxes on account
of the principal and interest of the bonds
of such county. issued under the provi-
sious Of this Act; and such receipt. agree
mcnt and contract shall be good and plcal-
able in bar of any action, suit or proceed
ing which may be instituted for the recov-
cry or collection from such taxpayer of
any and ali such tax or assessment herein
before specified 70 be levied in such coua-
tv: and such bonds 50 transferred 70 and
deposited with the County Commissioners
of such county shall be forthwith cancel
led and destroyed by them, after fist en-.
tering upon the books of,he County Com
missioners ofsuch county the amount of
such bonds, the date of such transfer and
deposit, the numbers of such bonds. and
the name of such taxpayer making such
transfer and deposit; Provided. that no
bonds shall be so received By the said
County Commissioners. unless all the cou-
rous thereof not due a. time of such trans
fer and deposit. shall remain attached to
such bonds respectively.
SEC. 9. And be it enacted, Tha. this
Act shall be submitted to a vote Of the lc-
gal and qualified voters Of the counties of
St. Mary's. Charles and Prince Georges
at an election. for Representatives in con-
grcss AMI President. to be held on the Sc
cond Tuesday in November next, at which
election each person whose name appears
upon the registry list OF qualified voters.
shall be cutiiled 70 vote; aud at the said
election there shall Re Inscribed on the
ballots the words. ''Fcr Railroad Subscrip-
tion," or the words "A Against Railroad
Subscription. respectively. and the judi
ses of Election OF each Of said Counties
shall make return TO the Clerk OF the Circuit
3 NpuEl VI liItiE CnunliCs OF the
} number Of votes cast "FtFSRailroad Sub
scription' and the number Of votes eas,
Against Railroad Subscription in their
, respective unties;and the said clerk SHALL,
BY proclamation publish in tie newspapers.
or newspapers published in said counties re.
spcctivcly, announce the result ot said elce.
tien. and that SO far as 10 authorize the
vote to be taken. as hereinbefore provii-
cd for. this Act shall lake effect from the
date OF its passage; Provided. that If a
majority OF the ballots cas-, in any Of said
counties shall be for r1ilroad subscription
the County Commissioners ef such county
or counties are authorized to subscribe for
stock Of said company, and in case the
majority OF ballots cast in any county
shall be against railroad subscription
then the County Commissioners OF such
county shall not be authorized TO subscribe
for stock in said company.
Sec 10. And be it enacted. That Ia
case the route adopted b. said railroad
company shall be north and eas, of gfy.
antown. Ia TIE county of Charles, then ths
County Commissioners of Charles -eoas,y
shall be authorized to subscribe sun
not exceeding one hundred thousand dol
lars. and in case the rOatc adopted b,
said company shall BE- south AM. west 0
Byyantown, the amount to be subscribeS
: bv the County Commissioners of Charlie