The Prince George's enquirer and southern Maryland advertiser., 1894-07-06

. SECTION 246k. The mayor and city
councils said two tourthS of the cost of
said work, and the whole cost ot the
said street crossings, and intersections of
streets, shall be paid out of the proceeds
Of the sale of the twenty years bonds
hereinafter provided to b. issued IL the
mayor and city council o.! Laurel ..,g that
purpOse-saI bonds and the interest on
the same, shall be paid ont of The annual
income of the town of Laurel, not dcriv-
cd from the special side walk tax, or the
special electric light tax, over and above
the salaries Of the town officers, the COM
missions of the town treasurer for col
IeCting the taNCs, and present deficiency |
of the electric light tax while SAID def
cheney continues, and necessary payment |
on CITY hall debt, by setting apart annu-
ally out of the first receipts of said in
come fixed and sufficient amount to |
form sinking fund to pay said twenty |
wears bonds, and the interest on the |
same when and as the same shall fall due |
The aggregate amount of said twenty |
wear bonds for said purposes never. un- |
der any circumstances, to exceed the |
ability of said net income to meet said |
twenty years bonds, and the interest on |
the same, when and as said twenty wears |
bonds, and the interest on the same, |
shall become due and payable, without |
increase of the present rate of taxation |
SECTION 2l6I.. The mayor and city |
council of Laurel is hereby authorized |
and empowered to issue 10 years bonds !
in such denominations as it NAV see fit |
and as the improvements hereinafter pro-
vidcd for are made, at Il rate of interest
not exceeding 5 per Centum per annum,
to pay said tWo-tOurths of the cost of the
said improvements hcrcinbcfOre provid
cd to be done by said mavor and city
council of Laurel, and to be paid for by
the levies on the lands abutting on said
improvements, and which said bonds,
principal and interest, shall be paid out
of the taxes, and interest 10 be paid by
the prOprietors of the land abutting on
said improvements, for their said two
fourths of the cost OF said Improvements,
and all OF which taxes and interest to be
paid as aforesaid by the said abuttng
private proprietors shall be set apart by
the mayor and city council of Laurel eX
clusively, and only to pay the principal
and interest of said 10 years, bonds when
| and as the same shall be due and paya-
| able. These 10 years bonds shall have
printed upon them the statement of the
| fact that they have been issued for the
| payment of the said two-fourths of the
| costs of the lmprON ementS on the partlC-
| ular street improved, that they may be
| identified with the improvements for
| which they have been issued, and maybe
| paid for out of the taxes collected from
the lands abuttng on said improved
| streets.
| SECTION 246M The mayor and city
council of Laurel is hereby authorized
| and empowered to issue twenty years
| bonds III such denominations as it may
| see tlt, and as the improvements herein
| before provided for are made at the rate
OF interest not exceeding 5 per Centum
per annum to pay for the part of said
| improvements hereinbefore required to
be paid for by the mayor and city COun-
Gil. Said twenty years bonds shall not
| exceed the aggregate stated in Section
| 246k, and shall be paid. principal and
| interest, as provided i'll Section 246k.
SECTION 246N. The ten and twenty
wear bonds hereinbefore authorized to be
| issued by the mayor and city council of
Laurel shall be signed by the mayor,
| Countersigned by the treasurer, and be
attested by the clerk of the said town of
| Laurel, with the corporate seal of said
town of Laurel attached, and shall bear
interest not exceeding 5 per Centum per
annum from the date of their issuance,
which said interest shall be payable semi
annually on the first day of January and
first day of July in each and every year
from their issuance and the SAID bonds
shall be sold by the treasurer on the or
der of the mayor and CITY council OF Lau-
rel for not less than their par value, and
the proceeds of said sale shall be depos-
| ed by the treasurer in banl, to the credit
| of the mayor and CITY council of Laurel,
and shall be paid out only on the order
| OF the mayor and city council, counter
signed by the mayor and treasurer, and
said proceeds shall be applied only to
the purposes for which this act is passed,
| ~ n
ton, shall be allowed for said services.
| SECTION 246O. Upon the completion
of the grading and improvements OF any
street in accordance with the provisions
of this act, and upon the assessment for
said work being made by the mayor and
city council the mayor and city council
shall give notice of said assessment, al d
| OF the proportlOnate part thereof per
linear front foot of the land of each land
owner whose land abuts on the street
improved, to the said land owners on
said street improved, said notice to be
given, in case of residents by the treas
urer leaving at his, her, or their residence
such notice in the form of written or
printed statement and in the case of non
residents by at least two insertions in
some newspaper published in the town
of Laurel, if there is any such newspaper
in such town, and if not, then in some
newspaper published i'll said county and
any person Interested in or aggrieVed by
said assessment shall have thirty days
from the date of said notice of said as
sessment in which to file objections to
his, her, or their assessments, with the
mayor and city council, and shall be en-
titled to a hearing before said mayor and
city council, and shall have the right of
appeal from its decision within ten days
after said decision is made, to the next
term of the Circuit Court for Prince
Georges county, and shall have the
right to a jury trial in said Court, upon
giving bond with good and sufficient Sc
Curltv for double the amount OF said as
seSsment complained of, and if no appeal
be entered and bond given as aforesaid, !,
or upon dismissal of said appeal said
assessment shall be final.
SECTION 246P. If any official, officer or
agent of said Town shall apply any part
of the proceeds of the sale of said bonds
to any other purpose than those herein
before, provided, or divert any part of
said sinking funds to any other purpose
than those for which they are created, he
shall be guilty OF a mlSdemeanor, and
upon conviction thereof, either upon pre-
sentiment and indictment by the Circuit
Court or on trial before a Justice OF the
Peace of SAID county, he shall be impris-
House of Correction, or fined not less
than 500, nor more than $500, or both i'll
the discretion of said Court or OF said
Justice of the Peace.
SECTION 246Q. The mayor and city
council Of Laurel is hereby authorized
and empowered to pass al ordinances
necessary to carry out, and into full ct
feet, the above provisions of this act and
to employ all necessary and skilled
agents to plan and supervise said work,
and to do all other necessary things in
relation thereto, and to accomplish the
same, and all work provided to be done
under the provisions of this act, shall be
done by contract, after advertisements
for bids with specifications, and the con
tractor shall give bond to the mayor and
city council OF LAUREL with good and
sufficient security, or securities in double
the amount of the contract for the faith
full performance of the contract accord