The Republican. [volume] (Oakland, Md.) 1877-current, 1908-04-30
SAFETY DEPOSIT BOXES FOR RENT

State or such other bonds satisfactory
to the said Mayor and Town Council as
to them may seem best, or in the pur-
chase or redemption of any of said
bonds as may be offered for sale and
redemption, and upon the purchase of
any such bonds the Mayor and Town
Council they shall Immediately be can
celled by stamping across their face
cancelled by the sinking fund.-" and
no portion of said sinking fund so levied
shall ever be diverted to any other pur-
pose than to the purchase and liquida-
ton OF said bonds. The money collect
ed each year by the Treasurer or Tax
Collector on account of taxes to the eX-
tent of said sum of one thousand dollars
shall be set apart for said sinking fund.
and separate account shall be kept
thereof and be deposited to the credit
of said fund, and no part of which shall
be chargeable to insolvencies on account
of failure Of assessment or collections.
SEC. ). And be it enacted. That the
money arising from the sale of bonds,
which said bonds shall be sold either at
auction or by sealed bids, after due adj
advertisement thereof. to the highest
responsible bidder, shall be deposited in
bank to the credit of said Mayor and
Town Council of Oakland and subject
to their check, and the Clerk of said
town of Oakland shall keep book to be
especially provided for the purpose the
names and addresses of the purchasers
of the bonds sold and the amount realiz-
ed on the sales, together with tho serial
numbers of the bonds
SEC. 6. And be it enacted. that in any
prosecution before a Justice of the
Peace under Section 3 of this act. the
accused and the Mayor and Town Coun-
Gil of Oakland shall have the right of
appeal to the Circuit Court for Garrett
county, within thirty days, and a Jury
trial. Any person or persons convicted
before Justice of the Peace under
Section 3 of this act who shall pray an
appeal to the said Court shall be held
by recognizance or be committed to the
county Jail to appear before the next
regular jury term of the Circuit Court
for Garrett county.
SEC. Z. And be it enacted, that the
Mayor and Town Council of Oakland be
and they are hereby authorized and en-
powered to negotiate, sell and dispose
of the said bonds as hereinbefore pro-
vided in section of this act, or so many
thereof as to the Mayor and Town
Council may be deemed necessary for
the purposes of this act, and the said
Mayor and Town Council are fully
authorized to make all necessary rules
and regulations and to pass all neces-
sary ordinances, with penalties for
their violation, and to do all other
necessary acts for the proper managing.
maintaining and repairing the said
water works and sewerage system and
for the protection thereof.
SEC. 8, And be it enacted, that the
funds realized from the sale of said
bonds shall be applied to the purposes
of this act and shall be paid by check
signed by the Mayor and the President
of the Council, and the said Mayor and
Town Council of Oakland are hereby
authorized and empowered to pass such
orders for payment of money due for
the construction of said water works
and sewerage or to the contractor or
contractors for the construction of the
same, as shall, from time to time, be