Frostburg mining journal. [volume] (Frostburg, Md.) 1871-1913, 1890-03-22

AN AL 10 provide Tor the purchase or con-
struction of Water Works for the Town of
Frostburg in Allegany county, and to au-
thorze the Mayor and Councllmen of said
Town to issue bonds to pay the costs thereof
SECTION l. BE it enacted by tie General As
sentbty Of .Haryland, That, for the purpose of
furnishing the inhabitants of the Town of
Frostburg, in Allegany county, with an ade-
quate supply of good water the Mayor and
Councilmen of said Town are hereby author
lied and empowered to issue coupon bonds
of said Town to an amount not exceeding
forty thousand dollars, which said bonds
shall be signed by the Mayor and Clerk of
said Town, and attested with the corporate
seal thereof, and shall be denomnated
"Frostburg Water Bonds and bear interest
not exceeding six per cent"n per annuln, pay
able sem-annualy, to be issued in de
nominations not exceeding five hundred dol
lars, and to be payable at time not eX
ceeding thirty years after their date. and re-
deemable at the pleasure of the Corporation
at any time after five years from their date
SEC 2. Ind be IL enacted, That the Mayor
and CouncImen of Frostburg are hereby
authorized and empowered to levy and col
lecta special tax not to exceed fifteen cents
on one hundred dollars on the assessable
property of said Town, to meet the interest on
the said bonds, and to provide Il sinking fund
for the redemption thereof at maturity; pro-
vided, that at any time the receipts from water
rents shall prove insufficient therefor:
SEC. 3. .ind6 be ii enacted, That the said May
or and Councilmen are hereby authorized
and empowered, after they shall have pre-
pared and signed said bonds, to sell and dis
nose of the said bonds at not less than the par
value thereof to raise money to carry into eff
feet the provisions of this Act and to hold the
proceeds of such sale subject to the order of
the Frostburg Water Board. hereinafter pro-
yded for, and ali bonds remaining unsold
in their hands shall be cancelled 10y the said
Mayor and Counclmen of Frostburg.
Frostburg Water Board shall consist of three
members, to be annually chosen as follows
namely, one from among their own number
hy the said MAYOR and Councilmcu of Frost
burg, on the first Monday in May of each
and every wear. and the other two to be elect
ed by the peopIe at the regular election for
Movor and Cnuncilmen IN, The first Monday in
! April next succeeding the passage of this Act.
and annually thereafter; and the SAID Mavor
and Councinen may allow to the members
of the said Water Board such conversation
for their services as the SAID Mavor and Coun-
ciimen may deem inst and reasonable not
eyceeding one hundred dollars each pe,
amman.
SEC. s. and be o.acted That before entering
upon their duties under this Act the mem
bers of the said Water Board shall make oath
before the Mayor, or some Justice of the
Peace that they will diligently and faithfully
perform the duties of their oihce TO the best
of their Judgment: they shall then. ON the
first Tuesday after the first Monday in Nav
meet and arrange and choose from among
their number n President and a Secretary
and each member of the said Water Board
shall give bond to the said Mavor and Coun-
cilmen of Frostburg in the penal sum of
one thousand dollars, conditioned upon the
faithful performance of his duties as a mem
her of the said Water Board; and it shall be
the duty of the said Water Board to make a
full financial report to the Mayor and
Councilmen of Flostburg at their regular
meetings on the second Monday in July.
October, January and A pril of each year
SEC. 6, and be ii e,.acfed, That no MONEYS
shall be paid from the Town Treasury for any
of the purposes of this Act except upon the
warrant of the said Water Board duly signed
by the President aud Secretary thereof
SEC Z. and be it enacted, That the said
Wafer Board are hereby authorized and en-
uowered to build and erect Water Works for
the said Town and to contract for, purchase
In fee simple. or lease for term of years, anv
land. real estate spring brook Water Works
water and water-course and to use and oc-
cupy forever, or for a term of years, any land,
real estate spring, brook, Water Works
water or water course which they NAV deem
expedent and necessary for the purpose OF
furnishing the said town with water; and
also the right to enter and pass through from
time to tinea occasion may require, and to