The Prince George's enquirer and southern Maryland advertiser. (Upper Marlborough, Md.) 1882-1925, 1904-06-17
dorsed as aforesaid.

WI oSNA 40 SSiOl OoblNs
SECTION I. Be it enacted, That the
first bonds issued under this Act shall
be dated the first day of May, 1904,
and be payable, as to principal, in thir-
ty years from the date of their issue,
and said bonds shall be advertised for
sale in two daily newspapers publish
ed in the city of Baltimore to be Sc
lected by the School Board and sold
to the highest bidders for cash and for
not less than their face value by the
School Commissioners of Prince
Georges county.
SECTION 8. Be it enacted, That the
County School Commissioners OF
Prince Georges County, shall annual.
ly deposit in some savings institution
in the State of Maryland, on interest.
sufficient amount of money to create
a sinking funl, for the redemption OF
said bonds at their maturity, and are
hereby authorized and empowered to
purchase from the proceeds of said
sinking fnnd any of the said bonds as
may be offered for sale; and upon the
purchase of any such bonds or the re-
demption of the same at maturity, the
said County School Commissioners
shall have said bond or bonds immed.
lately cancelled by stamping across
their face the word "cancelled" and no
portion of said sinking fund so set
apart shall ever be diverted to any 9th.
er purpose than to the purchase and
liquidation of said bonds; and should
the said examiner of the County
School Commissioners or any other
person, having charge Of said sinking
fund, suffer or permit the same, or
any part thereof to be diverted from,
or applied to any other purpose than
the investment thereof for the pur-
chase of said bonds, and the purchase
and redemption of the same, then the
person or party so offending shall be
deemed guilty of a misdemeanor and
upon conviction thereof be subjected
to fine of not less than twice the
amount so misapplied or diverted.
SECTION 9. And he it enacted, That
the County School Examiner shall
keep a separate account of the money
applied each year to the payment OF
interest on said bonds, as we'll as the
amount OF money deposited each year
to the creation and support of the
sinking fund to meet the principal OF
said being at maturity.
SECTION 10. And be it enacted, That
the money arising from the sale of
said bonds as provided in Section Z of
this Act shall be paid to the School
Examiner of Prince Georges County
and tnat it may be applied to the pur-
pose set forth in this Act. The funds
so realized shall be paid by the said
School Examiner to the aforesaid
building committee, upon its order,
and the said building committee is
hereby authorized and directed to pay
to contractor or contractors or archi-
tect employed by the said building
committee, in accordance with the
terms of their said contract, upon the
order of said building committee, such
sum or sums of money as such con-
tractor or contractors are entitled to
in the performance of their contracts,
and shall pay upon the warrant of the
building committee, the cost of plans
and specifications of the work pro-
posed to be done, the salary of the
supervising architect, and such other
expvnses that said buildin g committee
may properly have incurred in the
discharge of their duty.
SECTION IL, And be it enacted.
That this Act shall take effect from
the date of its passage.
Approved April 9Th 1904.
EDWIN WAKEFIELD,
Governor.
SPENCER C. JONES,
President of the Senate.
GEORGE Y. EVERHART.
Speaker of the House Of delegates.
Office of Chief Clerk House of Dele
gates.
hereby certify: That the aforego-
ing is true copy of an Act of the
General Assembly of Maryland, passed
at the January session, 1904.
3. L. SMITH,
Chief Clerk of the House of Delegates.
CHAPTER SO.
AN ACT to authorize and empower
the Judges of the Circuit Court oil