The Republican. [volume] (Oakland, Md.) 1877-current, 1904-03-31
COURT HOUSE BONDING MEASURE
Text of the Bill Introduced in the Leg
islature Authorizing the Issuance
of R0nde


of Bonds.
In the House last week Mr Howard
introduced the following bill:
SECTION /. Be it enacted by the
General Assembly of Mary land, That
the question of whether or not the
County Commissioners of Garrett
county shall issue bonds to an amount
not exceeding one hundred thousand
nor less than seventy five thousand
dollars for the purpose of purchasing
lots and furnishing and building or
erecting a court house at Oakland.
the county seat of said county, and a
new Jail and furnishing the same at a
cost not to exceed the sum of twenty
five thousand dollars, which shall be
submitted to the registered qualified
voters at the Congressional election
to be held on the first Tuesday after
the first Monday of November in the
| year nineteen hundred and four; the
said ticket to be voted and to be prin-
/ ted on the congressional ballot to be
used at said election. The ballot to
be used in said shall have printed on
! them ''for the issue of bonds" or
against the issue of bonds" and
| shall be counted and returned as
other election returns are counted
and made.
SECTION 2. And be it enacted, That
if it shall be found by the returns of
said Judges of election that a majority
of the votes cast in said county are
for the issue of said bonds, then it
shall be the duty of the County Com
mlssloners of Garrett county, within
nine months after said election, to
issue said bonds to an amount not ex-
ceeding one hundred and twenty-five
thousand dollars, in sums not less
than one hundred nor more than one
thousand dollars each, and shall bear
interest not to exceed five per cen
tum per annum, and within nine
months after said election, if it shall
be decided by the ballots cast at said
electionthat said bonds shall be issued
the said County Commissioners shall
issue bonds. which bonds shall be
signed by the president of the Board
of County Commissioners, and to be
countersigned by the clerk to said
Board, aud the said bonds shall be
made payable in the following man
ner, that is to say five thousand dol
lars each and every year, beginning
with the year 1907 and they shall
have coupons attached for the semi
annual interest, payable respectively
on the first day of February and the
first day of August in each year; the
said bonds shall be dated as of the
first day of August, 1905, and shall be
forever exempt from all taxation for
any purpose, and shall have printed
on them reference to the act auth
orizing the issue thereof.
SECTION 4. And be it enacted. That
said bonds shall be issued to mature
at such date as shall not require the
payment thereof of more than five
thousand dollars in any one year,
but none of said bond shall be issued
to mature before the first day of Aug
ust, 1907.
SECTION 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 1905, levy on
the assessable property of the county
sufficient amount to pay said interest
until the said bonds shall respec-
lively mature;a and for the payment of
said bonds, they shall, beginning
with the year 1907, levy on the asses
sable property of said county, the
sum of five thousand dollars to paw
said bonds, which shall be paid in
the order OF their serial number, be-
ginning with serial number and in
their successive order.
SECTION 5. And be it enacted, That
of the whole issue of said bonds so
authorized or so much as may be nee
sary, the said County Commissioners
shall Immediately after signing the
said bonds, as herein before provided
sell at public auction to the highest
bidder for cash, which said sale of
said bonds shall be made upon due
notice by publication in such news
paper newspapers as the said Coun-
ty Commissioner shall deem proper
and necessary.
SECTION 6. And be it enacted, That
the proceeds arising from the sale of
said bonds shall be applied by the
County Commissioners of said county
for the purchase Of such lots and the
erection and furnishing of new court
house and jail building at Oakland,
the county seat of said county, and
for no other purpose; and for the
building and furnishing of said court
house and jail the said Board of
County Commissioners shall contract
by sealed bids, for which contracts
advertisements shall be made in such
newspaper or newspapers as the said
County Commissioners shall deem
proper, giving notice of the time and
place of the public opening of such
bids, and they shall require such bid
der to file with their bids a good and
sufficient bond with surety or sure
ties to be approved by them in such
penalty for the faithful performance
OF the contract Hereunder as they
may deem proper, and upon the open.
ing of such bids, the said County Com
missioners shall award the contracts
to the lowest responsible bidders, but
they shall have the power to reject
any and all bids.
SECTION T. And be it enacted, That
this act shall take effect from the date
of its passage.
1SSCSCSoCS"cSCSs
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