The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1876-04-29
CHAPTER l.2.

An ACT to authorize the County Commissioners Of
Cecil county to fund certain indebtedness Of the
Board of Couuty School Commissioners of Cecil
county by issuing Bonds therefor. and levy a tax
for the paymeit Of the same.
WHEREAS. The County School Commissioners Of Cecil
county htv" been compelled 10 borrow large suuts of
money mt different times during the past five years
maintain their schools aud provide school houses which
said sums of money now due and unpaid: and
whereas. it i desirable that said Indebtedness should
DC funded 50 ~ 20 lie paid of gradually;
SECTION l. BE- il enacted by the General Assembly
Maryland That the County Commissioners Of Cecil
county he. and they hereby authorized and empow
rcd Ia issue um> TO amount not exceeding twenty
THOUSAND dollars. iii sums of not less than hundred
more than on" Thousand dollars each to be signed
hy the President of the Board "f said "unfy Commits
snners and countersigncd by the Clerk of said Board
said bonds 10 bear interest payable scniannuy the
first day q" April and on the first day of October in
Zach and every year. during which the said bonds may
and remain unpaid and the coupons Tor interest
sd bonds shall he receivable hy the Col of taxes
s"r said county in payment OF comfy taxes.
SscTIos = And he it enacted That said bonds shall
he issued 10 mature at such dates shall require
and dollars Of the principal thereof: and that said
bonds snail he rcerniah'e at the pleasure Of the said
C"u"tN Commissioners at or before their maturity but
of said bonds shall be i~sucd TO before
>.vtnty--ight.
SECTION :: Aud he it enacted, That to redeem said
bonds the County Commissioners of Cecil county shall
annually levy upon til" assrssable property of said
oGnty sufficient pay the interest thereon and
he principal of such portion may mature in each
and every year after the date of their ISSUE and said
levy shall be designated as School Fund
SECTION 4. And be it enacted. That the proceeds
lrisng from the sale Of the atcrcmentioud bonds shall
paid by the Ceu Commissioners the Treas
of the School Commissioner Of said county who
hall immediately apply SAID proceeds the payment
# the aforesaid Indebtedness due Icy r4id School
commissioners, and to no other purpose.
SECTION =. And lie it enacted That hereafter the
School Commissioners of said county shall not expend
tor school purposes. for any other purpose greater
sum Of money in any year than shall be annually
"ve for school purposes by the County Commissioners
OF SAID county in addition 10 the annually re-
ceived 10y said School Commissioners the Treasurer
4 the State, and they shall not borrow any sum or
-unls of money in any enc year, which. added the
cual receipts for such year would exceed their yearly
ucume, provided for 10y law. and il shall I've lawful
for the holders of any indebtedness any evidences of
indebtedness contracted in violation OF this section to
ne upon enforce the III any Court of law or
putty in this State against said School Commissioners
ither Individually or collectively
SECTION 6. And be it enacted. That in case of the
destruction of any school house ny fire or otherwise
the Board of School Commissioners may with the con-
curr"nce of the Board of County Commissioners borrow
o much. and no more, money may replace such
school house, and such money shall be applied to the
rebuilding OF such house, aud to other purpose
whatever. and the County Commissioners shall provide
Tor such indebtedness hy additional levy fol-
lowing year.
SECTION :. And be it enacted That all laws incon-
ss'ent with the provisions of this Act be the
are hereby repeated.
SECTION S. And be il enacted That this Act shall
take effect and be in force from the date passage
We hereby certify that the aforcgorg correct copy