The Republican. [volume] (Oakland, Md.) 1877-current, 1894-04-26
OuAFTDu 4oS.

AN ACT TO enable the qualified voters Of
GSrrett county TO determine by ballot
Wnether bonds not to exceed the sum of
IWenIy-nve thousand dollars shall be is
sued By the County Commissioners OF said
county for the purpose of building school
houses therein 0N'-
SECTION l.. Be it enacted by the General As.
sembly OF Maryland, That the onpstion Of
whether or not the County Commfssioners Of
Garrett County shall issue bonds to an
amount not exceeding the sum oftwentv-five
, inoIsanu iSti uolars for the purpose ofpurchas-
ing lots and erecting and furnishing such
Schooi buildings as the BoarG of County
SchoOl commissioners OfGarrett County MOI,
contract ior, shall be submitted to the regis
tereu quallhed voters of said county at the
Congressional election to be held on the first
iuesday after the first Monday of November.
IN the year eighteen hundred and ninety.
louf. Ihe said ticket to be voted TO be print
ed on the Congressional ballot to be used AT
SAID election. The ballots to be used i'm said
election snail have printed or written on
tnem for the issue of bonds" or against
the Issue of bonds" and shall be counted and
returned as other election returns are count
cd and made.
SEC 2. And be it enacted. That ifit shall be
found by the returns OF said Judges ofelectiOn
that the majority of the votes cast in said
county are for the issue of said bonds then il
shall be the duty Of the County Commission
erS of Garrett County within sixty dayS after
said election to issue and bond to an amount
not exceeding twelve thousand dollars in
sums of not less than one hundred nor more
IMAM one thousand dollars each and shall
pear interest at q rate not to exceed five per
centum per annum; and within ninety days
alter said election. if it shall be decided bv
the ballots cast that said bonds shall be issu-
ed the said County Commissioners shall issue
the said, which said bonds shall be signed by
| the President of the Board of County Com
mlssi0ners and be countersigned by the clerk
to SAID board, and the said bonds shall be
made payable in the following manner: that
is to say, one thousand dollars each for each
ior each and every year, beginning with the
| year nineteen hundred and five, and they
snail have coupons attached for the semi-an-
| nual interest, payable respectively on the
hrst day or ofFebruary and the first day of Au.
gust in each year. and the said bonds shall be
! dated as of the first day of February 1895, and
| shall be forever eXemptfrom taxation for any
purpose, and Shall have printed on them a
dlstlnct reference to the Act authorizing the
issue thereof.
SEC. 3. And be it enacted, That said bonds
snail be issued to mature at such date as shall
not require the payment thereofofmore than
one th0usand dollars in any one, year, but
before the hrst day ofFebruary, 1905.
SEC. 4. And be it enacted, That in order to
| pay the interest on said bonds the County
Commissioners shall annually, beginning
With their levy laying session in 1895 levy on
| the aSsesSaole property of the county Suffi-
cient amount to pay said interest until the
SAID ocnds snail respectively mature; and for
| the payment of said bonds they shall, begin
ming with the year 1904 annually levy upon
the aSsessable sroperty ofsaid county the sum
ofone thousand dollars to pay said bonds
which shall be paid in the order of their seri-
al number beginning with serial number one
and in their successive order.
SEC. 3. And be it enacted. That of the whole
issue OF said bonds SO authorized the said
County commissioners shall immediately
after signing said bonds as heretofore provi-
ded, sell at public auction to the highest bid
der for cash, only twelve thousand dollars ot
the amount authorized to be issued. which
said sale OF said bonds shall be made only up.
an due notice republication in such newspa.
per or newspapers as the said County Com.
mlssloners shall deem proper or necessary.
SEC. g. And be it enacted, That the proceed,
arising from the sale of said bonds shall be
paid over by the County Commissioners O
said county to the Treasurer of the Board OF
school Commissioners of said county whose
bond may be required to be made in an in
creased penalty if said County Commission
ers shall so require: and said Treasurer shall
apply the saidtproceeds under the direction OF
said Board of School Commissioners to the
purchase of said lots and the erection and fur
nishnig of such school buildings as Sa ii Boaro
OF school commissioners may contract fol
and for no other purpose. And for the build.
ing and furnishing ofsuch school houses the
said Board of School Commissioner ers shall
contract by sealed bids, for which contracts
advertisement shall be made such ,2ewspapel
or newspapers as the said Board of Schoo
Commissioners shall deem proper giving no.
tice of the time and place OF the pabIic omen.
ing of such bids and they shall raduire such
bidder to file with their bids good and sun.
Client bond with a surety or sureties TO be an
prONeu ny JneLn IN Sucn penalty 4Df the faith.
ful performance of the contract hereunder a;
they may deem proper And upon the open.
| ing of such bids the said Board of School
i commissioners shall award thesaid con tracts
to the lowest responsible bidders, respective
ly therefor; but they shall have the power to
reject any and all bids.
| SEC. 7. And be it enacted, Tlaat the remain
| ing thirteen thousand dollars ofthe bonds An.
| thoriZed by this Act shall not be signed bur
| snail be deposited in some safe deposit vault
! with two distinct and Serarate locks and
| keys, one of which keys shall be kept by the
| President of the Board Of County Commits
| sloners and the other by the President of the
Board OF School Commissioners. Aner the
expenditure of the said s}Sm of twelve thous-
and dollars by the Board OF School Commits
sioners if they shall find that greater sum is
needed for the purpose of this act they shall
render TO the Board OfCounty Commissioners
q lall ana accurate account of their eXpendi-
| lures in this behalf and shall make a reouisi
| tlon on said Board of County Commissioners
| for such additional s9m as may be necessary
| for The purposes of this Act, and no more:and
the county commissioners shall then sell in
! the same manner as hereinbefore provided
! such amount of said bonds as may be so re-
| CURED; provided, that in such respective sales
none of said bonds shall be sold for less than
their par value, and after such sale the bonds
remaining unsold shall Immediately by the
SAID Board of County Commissioners and
! BOARD oil school Commissioners be burned
| SEC. s. And be it enacted, That this ACT
snail take effect from the date of its passage.
| Approved April 6, 1894.
FRANK BROWN,
Governor.
JOHN WALTER SMITH,
President 4 tho