Catoctin clarion. [volume] (Mechanicstown, Md.) 1871-1940, 1890-05-01
PUBLIC LOCAL LAW.
CHAPTER 2S4.

AN ACT, to authorize and empower the
Commissioners Of Mcchanicstown to pur-
chase lot Of ground in Mcchanicstown, and
erect Hose House and Town Hall thereon
and TO borrow the necessary money To pay
for the same, not exceeding the sum of One
thousand and two hundred dollars, and TO
issue bonds therefor.
SECTION /. Be 1t enacted by tho General
assembly IF Maryland, That the Commits.
sioners Of Mcchanicstown b., and they arc
hereby authorized and empowered to pur.
chase suitable lot of ground IN the Village
of Mechanicstown, and to erect Hose
House and Town Hall thereon.
SECTION 2. and be ii enacted, That the
said Commissioners of Mcchanicstown are
hereby authorized and empowered to issue
bonds of said Commissioners of Mechanics
town to an amount not exceeding one thou
sand and two hundred dollars in the aggre
gate, in sums OF not less than One hundred
dollars each, to be signed by the President Of
said Board Of Comm ssioncrs. and counter
signed by the Clerk thereof; said bonds to
bear interest payable annually on the first
day of September in each and every year, at
a rate of interest not exceeding six per
centum per annum, for which interest
proper coupons shall he attached to said
bonds, signed and countcrsigncd rs aforesaid
SECTION 3. and be it enacted, That said
bonds shall be issued payable twenty years
from the date thereof, and redccmabe at any
time after the expiration of ten years from
date, at the pleasure OF the said Commission
crs of Mechanics,own, and shall be exempt
from County and Municipal taxation.
SECTION 4. And be it enacted, That the
Commissioners Of Mechanicstown shall pro
VII n ,,n1lu of hn a law ~,
amount sufficient to pay the interest on said
bonds. and they shall set apart the further
sum Of forty dollars annually, to be invested
in such securities as they may select, to
create sinking fund for the redemption of
SAID bonds.
SECTION 5. Ind be 1t enacted, That the
said bonds shall he sold by the SAID Commits
sloncrS of MechancstOWn at rot less than
their face value for cash, after giving at least
three weeks notice, by advertisement in at
least two newspapers published in Frederick
County.
SECTION g. And be it enacted. That at a
municipal election to be held in Mechanics
town at such time AMI place as may be fixed
by an ordinance of said Commissioners of
Mcchanicstown, the qualified voters of
Mechanlcstown shall determine by ballot
whether the bonds herein before provided
for, shall he Issued or not at which said
election there may he written or printed on
the ballots of said voters the words "For
issue of Bonds" or Against issue of Bonds"
and if n majority Of the ballots cast shall
contain the words For issue of Bonds" then
this act shall become operative and binding
but fa majority of said ballots shall contain
the words Against issue of Bonds" then
this Act shall be VOID and Of no eff ct, and
the Judge of SAID Municipal election shall
return to the President Of the Board Of
Commissioners of Mechanicstown, the num-
Der of ballots cast For issue of Bonds" and
Against issue of Bonds" respectively, and
the said President shall announce the result
thereof.
SECTION 7. Asd be 1t enacted, That this
Act shall take effect from the date of its
passage.
Approved April 3, 1890.
ELIHU Il. JACKSON, Governor.
JOHN HUBNER, Speaker of House
of Delegates.
K. f. BRATTAN, President of the
Senate
| hereby certify, that tke E0regoing is a
correct copy of an act of the General Assem-
bly,, passed January Session 1890.
CARLTON SHAFER, Chief Clerk,
House of Delegates.