Frostburg mining journal. [volume] (Frostburg, Md.) 1871-1913, 1892-04-16
!oajEc Local Laws
AMENDED WATER BOND ACT.
CHAPTER III.
Paste Local Laws
An ACT

AN ACT
Supplemental to an Act passed at the January
session, eighteen hundred and ninety, the
General Assembly ofMaryland Chapter l3O,
entitled: "An Act to Provide for the Pur-
chase or Construction of Water Works for
the Town of Frostburg, III Allegany county,
and to authorize the Mayor and Council
men of said town to issue bonds to pay the
cost thereof" empowering the Mayor and
Councilmen of Shutdown to issue additional
bonds to complete said Water Works, and to
amend said Act by aboishing the Frost
burg Water Board provided for therein.
WHEREAS. BY Chapter 100 of the Acts of
Assembly of the year eighteen hundred and
ninety the Mayor and Councilmen of Frost
burg We're authorized to issue the bonds of
said town to an amount not exceeding
$40, COO0O, and with the proceeds thereof to
provide said town with water by the purchase
or construction of Water Works; and
WHEREAS. The FroStburg Water Board,
created by that Act. has constructed said
Works, which are row in operation, but have
exhausted the fund provided by the sale of
said bonds iii the construction of the same
and
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require a large sum to properly complete and
equip said Works SO as to afford all the inhab-
itants of said town with an adequate and
constant supply of water; and
WHEREAS, The work of said Water Board
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III 'oii9'l uo'i"S an" el"'PpHlE Saiu WATER
Works will be finished i'll one more year, and
thereafter the services of said Water Board can
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1t is beheVed, can he eihclently managed by
the Mayor and Councilmen of said town, as
Larnin ,rovidad. tLerafnra
election |, Rc il enacted bH the Ge"cr0i
~ lSSen6iy Of NofYld7d That the Mayor
and City COunclmen OF FrOStburg. in Allega-
ny county, are hereby authorized and en-
powered to issue additional coupon bonds of
said town to am amount not exceeding
Sl5.OOOUO, which said bonds shall he signed
by the Mayor and Clerk of said town, and
scaled with its corporate seal, and shall be
denonnnated "FroStburg Water Bonds of
1852, and bear interest not exceeding 6 per-
rent. per- a,tN"'@, payable semiannually, TO he
issued III denominations not exceeding $4,000
and to be payable not exceeding thirty years
said town at any time after five years from
their date, and said town shall have the like
powers to levy tax to pay said interest and
provide sinking fund for the redemption Of
said bonds as are given by SAID Act of 1890 in
relation 10 me interest amt principal OF the
bonds named therein.
SEC. ., and be ii Gtactcd, That the Mayor
and Counciimen of Frostburg, at the next
regular election OF officers of said town after
the passage of this Act, shall submit to the
qualified voters OF SAID town the question
whether or not sad bonds shall be issued as
herelhbeiorc directed, and at sad election all
voters desiring to vote on said question shall
cast a ballot upon which, i'll addition TO the
names of the candidates voted for shall be
written or printed the words, For the Issue
ofBonds, or Against the Issue of Bonds, as
the voter Shall desire, and If majority of
votes cast at sad election on tins question
shall be in favor Of such issue of bonds, the
Mayor and Counclimen shall have power to
issue said bonds, mot exceeding l5,O0O00D
or any part thereof, and to sell or otherwise
dispose OF the same, or any part thereof, for
the purpose OF completing the construction
and equipment of said Water Works or to
pay any debt said town may have then
already incurred IN and about the same, or
to purchase any franchises or other water
works but II majority OF the votes cast "Hd
said question shall be against the issue OF said
bonds, then such bonds shall not be issued;
and in giving the usual notice of tine place
and object Of said election, it shall be the
duty OF said Mayor and Councllmen to give
notice of the submission OF said question to
the voters, and they shall cause Sections one
and two of this Act to be published in some
newspaper printed in said town at least ten
days before said election.
SEC. >. And be it e"acted, That on and after
the first Monday in May, 1892, the said
"FroStburg Water Board, provided for III
said Act of Assembly of 1890, hereby amend