Democratic messenger. [volume] (Snow Hill, Md.) 1869-1973, 1896-05-02

the taxable property of said town such sum.
Of money shall in their discretion be nee.
essary for the prompt payment of the inter.
est ON said bonds, and the principal thereof,
when same may become due, and any surplus
on hand at any time arising from such lew,
| shall he by the said Mavor and Council
invested in some safe securities as u sinking
| fund, which shall not at ANY time be divert
cd from the purposes of this act.
SECTION 6. And be it enacted. That the
money arising from the sale of said bond,
shall bc paid TO the Mavor aud Cunncil oi
said town. and ly them he deposited in the
First National Bank of Snow Hill, aud shall
only he drawn thcrefrom on checks signed
by the Mayor and countersigned by the See
retary and Treasurer, aud the said secretary
and treasurer shall keep in IA book for the
purpose full registry of the bonds sold.
the different series, the number OF the bonds,
and the naue of the purchaser. and amounts
realized ON sale, and any transfer and assign
ments of the same, when requested by any
subsequent purchaser or purchasers.
SECTION :. And be it enacted That the
said Mayor and Council shall select in their
discretion some depository in which todepos-
it the money necessary for the payment of
the same may mature aud become due: pro-
vidcd that said Mayor and Council shall
select by resolution said depository before
issuing said bonds, and shall designate the
same on said bonds, and ON the coupons
thereto attached.
SECTION s. And he it enacted, That thu
said Mayor and Council shall procure the
services of competent water engineer to
..s.s L., 4
erection of water works, reservoir. cnndnits
plugs, and all necessary equipments for
water works and sufficient supply of water
and after receiving the said plans and speci-
iications, they shall invite sealed proposals
by advertisements for reasonable time for
the construction and completion Of said
works, which proposals shall be sent in seal
ed envelope addressed TO said Mavor and
Council and by them shall be publicly OPEN
ed on the day named in said advertisement,
said proposals shall set forth the amount of
money for which the parties proposing will
construct such works. accor,ln. to the plans
and specifications submitted and the time or
tincs at which payment therefor shall be
made, and the time when said water works
will he completed and the said Mayor and
Council may reject any and all bids, or
award the contract to the lowest responsible
bidder therefor ut their discretion requiring
any accepted bidder to give bond in such
penalty as said Mayor and Council shall
determine. conditioned for the faithful per-
formance of the contract entered into.
SECTION 9. And be it enacted That this
act shall take effect from the date Of is
passage.
Approved March ~. 1896.
LLOYD LOWNDES,
Governor.
W. CABELL BRUCE,
President of the Senate
SYDNEY T.. MUDD,
Speaker of the House of Delegates.
State II MaTylaad SIT:
l. j. Frank Ford. Clerk OF the Court OF Ap-
peals OF Maryland. do hereby certify that the
foregoing is Il full and true copy of the Act Of
the General assembly OF Maryland OF which il
purports To be II copy as taken from the Origi-
nal Law, belonging TO and deposited in the
Office of the Clerk OF the Court of Appeals
aforesaid.
In testimony whereof. I have hcreunto set
my hand rs Clerk. and affixed the seal of the
said Court OF Appeals, this 18th day of April.
A. ID. ls.s j. FRANK FORD
Clerk Court OF Appeals OF Maryland.