Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1898-04-29
PUBLIC LOCAL LAWS.
CHAPTER 267.

AN ACT 10 authorize and direct the County
Commissioners Of Montgomery county.
after having acquired title to the turnpike
road formerly owned by the President,
Managers and Company Of the Washington
Turnpike Company, to construct q public
county road over said acquired road from
Rockville to the line of the District Of Co.
lumbia, to borrow money on the credit Of
said county for the construction of said
road and issue coupon bonds therefor, and
to levy aud collect on and from the assessa-
BILE property Of said county an annual tax
sufficient to pay said bonds when they ma
tnre and the interest thereon as il becomes
due.
Section l. Be it enacted by the General
Assembly Of Maryland, That the County
Commissioners Of Montgomery county be and
they are hereby authorized and directed
after having acquired title to that part of the
road Of the president, Managers and Com
pany of the Washington Turnpike Compa-
ny" and 1.-THE Rockville and Bethesda Turn
pike Company" between Rockville and the
line Of the District Of Columbia, and to CO n
struct a public county road before the 6rst
day Of January, 10 the year eighteen hun
dred and ninety nine, upon and along said
road, not less than forty feet in Width, aud
| all bridges and culverts necessary therefor,
the ACTIVITY and declivity Of which road
shall in no case exceed six feet 10 the hun
dred, and at least twenty feet In width there
| Of, shall be covered with broken stones of
size which will go through q two.iuch ring,
and to the depth Of at least twelve inches,
and shall be thoroughly rolled with steam
roller before 1t is opened to travel, and the
said road, after the completion thereof, shall
be maintained and kept by said County CON-
missioner as q public road and highway.
Sec. 2 And be II enacted, That in order to
| provide the necessary funds for the construc-
ton Of said ioad and the expense incident
thereto, the said County Commissioners be,
and they are hereby authorized and directed
to borrow on the credit Of said county an
amount not exceeding twenty-five thousand
dollars and to issue coupon bonds therefor
under the corporate seal Of said County Com
missioners signed by the President Of the
Board OF County Commissioners and coun-
tersigned by the Clerk thereof, 10 sums OF
not less than one hundred dollars nor more
than i've hundred dollars, and bearing inter
est rom the date Of the issue thereof at the
rate Of four per centum per annum, payable
semi-annually, which bonds shall be exemp,
from all taxation whatsoever, and shall have
printed on them . distinct reference to The
Act authorizing their issue
Sec. 3. And be 1t enacted. That the said
|
each series being for the sum Of Eve hundred
dollars, and shall be redeemable as follows
That is to say, five hundred dollars thereo
10 one year from the date of their issue, aut
! thereafter annually five hundred dollars il
each and every year in their proper seria
order or number until the whole amount &c
issued shall have been fully paid, and sale
bonds shall be sold after due advertisement
! at public or private sale In the discretion O
All q
vided, however, that none Of said bonds shall
be sold for less than par.
Sec. 4. And be II enacted, That the Cou MT
1 Commissioners Of Montgomery county shall
I cause TO be levied upon, aud collect from, tn
taxable property of said county q tax an
nually, which shall be sufficient TO pay three
n 6fths Of the said bonds as the same shall sew
y orally mature, and the interest thereon as th
same shall become due, and said County Com
missioners shall cause to be levied upon an,
collect from the taxable property of the four Il
z and seventh election districts Of said county
IS special improvement road tax for sale
turnpike road an additional tax ANNUALLY
y which shall be sufficient to pay two-6fths o
c the said bonds as the same shall become due
Il shall severally mature, aud the interest there
. on a. the same shall become due which sal,
three-hfths and two-6fths tax shall be col
: lected In like manner as other taxes levied |,
II saio county are collected, aud when collecte,
shall be applied 10 the pay ment Of said bond
9 annually,
;. Sec: 8. And be It enacted, That all coupon
!, OF said bonds for any current year shall b
received 10 payment OF county taxes 10 Mont
y gomery county for such current years or an,
J. previous year, when such coupons shall hay
!. matured and when any OF said bonds shAl
d have been paid, as herein provided, the sal