The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1896-05-09
PubliC Local Laws
FOR CECIL COUNTY,
Passed at the January Session, 1896
ELKTON SCHOOL BUILDING.
CHAPTER 321.

AN ACT to authorize the County Commits
sioners Of Cecil county to issue bonds of
said county to build a Public School Build
ing in Elkton.
SECTION /. Be it enacted by the General
Assembly of Maryland That the County
Commissioners of Cecil county be and they
are hereby authorized and empowered. in
| their discretion, to borrow on the credit of
| said county, an amount not exceeding ten
thousand dollars. and to issue coupon bonds
therefor in sums of not less than one hundred
dollars and not more than five hundred dol
| lars each, to be signed by the President of the
said Board of County Commissioners and to
| be cOuntersgned by the Clerk to said Board
| with the seal Of said Board attached, and to
| be registered by said Clerk in Il separate
| book provided and kept for that purpose; and
| that said bonds shall bear interest at IL rate
not exceeding five. per cent. per annum. pay
| able semi-annually on the first day of June
| and December in each year until the said
| bonds are paid, ana said bonds shall forever
| be exempt from all taxation for county and
municipal purposes, and shall have printed
on them Il distinct reference to the Act
! authorizing their issue; and the money
arising from the sale thereof shall be APP
| piled to the building of IA Public School
Building in Elkton as hereinafter provided.
SEC. 2. And be it enacted, That the said
| bonds shall be issued in serial numbers from
| one to the concluding serial number, and
| shall be redeemable and payable as to the
| first five hundred dollars in four years from
| the date of their issue and so on at the said
rate of five hundred dollars yearly until the
| whole are paid, and the payment thereof
shall be in the order of their serial numbers
beginning with the first serial number and
thus continuing in consecutive order until
the whole are paid. and in making sale of
said bonds, should they all DO printed with
the full number of coupons for the semi an
nual interest required to be paid on those
last maturing. the County Commissioners
shall cut from said bonds and destroy all
coupons that mature later than the date
limited for the redemption of any of such
bonds: and the said bonds shall be sold 10y
sealed bids for which the said County Com
missiOners shall advertise in some paper pub
lished in either Philadelphia New York City
or Baltimore. rs in their discretion may seem
best, 2nd also in one or more local papers
published in Cecil county, and said advertise
ment shall state when the said bids shall Ice
publicly opened in the office Of the County
Commissioners at EIkton. but none of said
bonds shall be sold for less than their face
value.
SEC. 8. And be it enacted. That for the
purpose OF paying the interest on said bonds
the said County Commissioners, annually
shall levy at their levy laying term upon the
B'SPN''t ~ sum ii''''N'uN w l''N
said interest as separate item asiC o from the
levy Of the current expenses of said count
and they shall also in the respective years in
which such bonds shall become due, as
" an, Ivy alhuans tiie sum
W W ,It ioi t',1 i'"oh ption VI
III tous as aHa', aiihua'ly tecolie "u''
by the treasurer of said county for taxes upon
presentation Of the coupons of the current
year, and the said treasurer shall reserve out
VI lie ny vi pun W nm lor
~ ~ pos.s Il sun! suincleht
W. p' sne ~ attii a' we Times
Mnon 1"'u ihlereel S,'"h iali uue' "nich III
tta eso - on NC pay any uoi Presentation OF
Ip ao .nes iN"y lali uue' ?uch
up" Ill III pay ny W 'uAtS VI p"iu III
;n't' ~. . , 'oi " .ne CouhtS
ny .ne s'l'' treasurer us other
for nnd Snij p'' Hnrns ~ III" "tr ureouh',n
lot "uu s"lu COUPONS Si'i.'l ne ue'lVetea 10
hI @ nnu DC ny tneh, lh''
said bonds mature and nre redenmod tha,
shall SIMILARLY ha accounted rn daIi,.a',.',
and DESTROYED,
cp, ,rdt .a,,, .r,,, ....
oriSin from saIaS ~ "i5 ,'',t aiic mon!
NJ soarnt 80 81, s"'t "o,',,s sum u. KIP
A.. AKA ~ iunu lor lhc purposes OF tiiS '
ra,.is. n " tn ni, te''I snhl' Keep !u'i
t. - oon"s "i''' Nv h"n's VI ''r
H. hes .ia anouh. le"ii"ca oh s'iieS anu
thar serioi nmn,har Vi ''e 9'Ner"' pohos ny
'
SEC. o.. And be it enacted. That the fund
realized from the sale OF said bonds shall be
appiied TO the erection and equipment of "A
pubic schooi building In Elkton under the
direction and control OF the Board of County
Schooi Commlssioner Tor Cecil County. as
hereinafter provided and shall be paid by tho
treasurer upon the requlsition OF the said
Schooi commissioners endorsed by the
county commissioners OF said county. as
other county iuAds are paid out, and the said
County School Commissioners are hereby
authorized to make requsitions and tho
county Commissioners are directed to audit
the same and properly endorse them for pay
ment or found correct to the several con-
.',a b alcni.ec.s nla..rihl men or DINERS
d"aH uono mTin A VI iurhlsneu materials
" a,lt upou' sucn pulolhg' ana also ID pay
have been Incurred by the Board Of Connty
School Commissioners of Cecil Countv
Go Ill. &. -,
y, Comn,, Sahoo, co y, Ihat 'ne boarn
~ ~ o1nooi Ioinniissiohers (in the event
vi thc ntlc VI Sald uonuSJ SuAll us speedily