Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1904-05-06
CHAPTER Gal,

AN ACT to authorize and direct the County
Commissioners Of Montgomery county TO
construct stone pike road over the coun
~ road between the town of kensingtou
and the Wheaton postofice, in said county,
not less than IL feet wide, and to borrow
money on the credit of said county for the
construction of said road aud issue cou-
pom bonds therefore, and to levy and col
lect on and from the assessable property OF
the Fifth collection district of said county
az annual tax sufficient to pay said bonds
when they mature and the interest thereon
as il becomes due.
Section !. Be II enacted by the General As
sembly Of Maryland, That the County Com
missioners OF Montgomery county be and
they are hereby authorized and directed TO
construct stone pike over the county road
between Wheaton postofice and the town of
Kensnglon, 10 Montgomery county, not less
than twelve feet in width before the LIST day
OF October, In the year 1904, said road TO be
covered with broken stone which will go
through two-inch ring aud to be rolled be-
fore opened for travel, aud after complet ion
thereof shall be maintained and kept 10 order
by said County Commissioners IS public
road and highway.
Section 2. And be 1t enacted, That in
order to provide the necessary funds for the
construction Of said road and 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 thirty hundred dollars
($3, 600 00) and 10 Issue coupon bonds there
for under the corporate seal OF said County
Com missioners signed by the President OF
the Board of County Commissioners, aud
countersigned by the Clerk thereof, in sums
not less than one hundred dollars $780,
nor more than two hundred dollars $4,000,
bearing Interest from the date Of issue thereof
at the rate Of FIVE 10y per centuu per annum,
payable semi-annually, which bonds shall be
exempt from all taxation whatever, and shall
have printed on them distinct reference to
the Act authorizing the issue.
Section 3. And be it enacted, That said
bonds shall be redeemable as follows, that is
to say, FIVE hundred dollars thereof in one
year from the date Of their issue, and there
after annually Eve hundred dollars in each
aud every year until the whole amount 80 is
sued shall have been fully paid, and 10 this end
they shall be Issued in six serials aud re.
deemable 10 their proper order, and said
bonds shall be sold after due advertisement
al public or private sale, In the discretion oil
the County Commissioners, provided, how
ever, that none Of said bonds shall be sold
| Tor less than par.
Section 4, Aud be it enacted, That the
County Commissioners shall cause to be levied
upon and collected from the taxable property
OF the Fifth Collection District OF said cou o .
", AS special Improvement road tax, for said
road an additional tax annually, which shall
be sufficient TO pay said bonds as they sever.
ally mature aud the interest thereon as the
same shall become due, and the said tax shall
be collected in like manner as other taxes
levied 10 said county are collected, aud when
collected sha be applied TO the payment OF
said bonds as they mature and the interest
thereon semi-annually.
Section .. Aud be il enacted, That the
County Commissioners be aud they are here.
by authorized aud empowered to employ all
servants aud agents and 10 make all con.
tracts and 10 do all acts necessary to carry
the provisions Of this Act into effect
Section 8, Aud II be It enacted, That this
Act shall take effect from the date of its pas.
sage.
Approved April ~, 1904.