The Cecil Whig., 1886-05-01

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annual expenditures made hereafter:
SE"rI"N l. Be il en0cfcd by the GcacrdI iss.mbiQ
Of .NSFgldHG. That the County Commissioners OF
Cecil county be. AMI they are hereby authorized
and empowered t" borrow the sum OF forty iiv e
thousand dollars on the credit of said county and
to issue coupon bonds therefor. in sums not less
than one hundred nor more than one thousand
dollars. said bonds to hc signed by the President
oi the said commissioners and counter-siyned by
their clerk: to he sold by said commissioners at
not less than par value thereof. and to mature at
such dates as shall not require the payment in any
one year. OF more than forty iive hundred dollars
thereof. the hrSt payment to he made in two yea
after the first issue OF said bonds: and 50 id bonds
shall he exempted from taxation county and
municipal purposes.
SEQ. = int be il cRdctcd. That the County Com
misSlonerS shall issue said bonds in three blocks
the first block OF nine thousand dollars, one half
to mature in two wears and the other in three
years. to bear interest the rate OF six Der cent
per annum: the second block OF nine thousand
dollars, one-halt 10 mature in four wears and the
other in ilvc years to bear interest the rate OF
ive per cent. per aunum: and the third block of
twcnty-scven thousand dollars, OneSiXth to ma
ture each year after the eXpratiU of five years
from date ui issue until all are paid to bear in
tcrest at the rate "i four pc cent. per annum
said bonds 10 re disposed OF To the highest re
SponSih.c bid lcrs ut Il public letting OF said
bonds To be held by the County Commissioners.
and the premium. if any derived from the sale of
said bonds Shall be devoted to the payment OF the
interest thereon.
SEC. ). and bt il sHdCftd. That the County Com
missioDers shall levy annually the amount re-
quircd to pay the interest on said bonds and also
the amount necessary To redeem said bonds as
they shall mature: and said commissioners are
hereby forbidden to apply any portion OF the
taxes so lcNlt t" any other purpose shall they
IN any year hcrca ter except when extraordinary
circumstances may require 1t to be done exceed
by their expenditures lor all county purposes the
amount levied Tor said year: aud when an emer-
geucN may compel the creation OF IL deficiency
the same shan he plainly shown in the annual
statement of county expenses, and be levied iur
IN the hrSt levy made after its creation.
SIC. l. ind je ii eaGctcd. That the County Com
mlS>loncr> shall apply thirty thousand dollars OF
the loan authorized hy this act to the liquidation
OF the iloating debt o the county: eight II ousand
dollars to the Repairing and remodeling of the
Court House. aud seven Thousand dollars to the
construction and furnishing OF an insane asylum
AT the AlmshoUSc.
Sc. And b. Il sndcfcd. That H.nry H. Mitch
ell, William j Jones. Henry = Cou'iun Daniel
Harvey and William r Miller b." and they are
hereby. APPOINTED a commission to approve plans
ana spcriacat!onS award contracts Tor and super
intend TIA" repalrln" and rcmudeiing OF the Court
II use and The construction ana furnishing OF the
insane asylum: and tor all services rendered
snail receive such reasonable compensation as
the County Commissioners may allow and the
said County CUnmiS onerS Sfii eyrcI,te all CON
tracts awarded hy sand commission and pay to the
contractors. upon the warrhnL OF said comm ission
such sums as may become due under sair con
tract; provided that said commission shall not
exceed eight thousand dollars in contracts award
ca iur reialrin and iemolcliE% the Court House
nor seven thousand dollars i'll constructing and
furnishing an insane aSy ium at the AlmSfuuse:
ana shall have no interest i'll said contracts: and
all vacancies that may occur in said commission
shall lee hIled 10y the members thereof: and a
OF the members ui SAID comm SSion shall
constitute Il quorum ior the transaction OF bust
mes.
SEC. C. and be ii cnacied That all acts or tarts
oil acts Inconsistent with the provisions OF this
act he, aud the same are hereby, repealed.
SEC. :. And b. II enacted. That this act shall
take effect iiom tie date III its passage
Attest: W. Ii. PTRNELL.
Apr l.-:it Secretary