Catoctin clarion., 1910-01-20
A BILL

In Frederick County to purchase
and take over the Electric Light and
Power Plant, with all the rights and
properti g pertaining thereto, of
The Citizens Electric Light Il Pow
er Company of Thurmont, a body
corporate, and own and operate the
same for lighting said streets, lanes,
alleys and public buildings of said
town of Thurlnont, and furnishing
light, power and heat to tic citi-
zens of said town, and to issue
bonds for the purpose Of paying for
such electric light and power plant
aud the rights and privil gcs per-
tanning thereto.
WHEREAS, it having been consider
ed desirable that the public streets,
lanes, alleys and public buildings of
Thurmont in Frederick County,
should be lighted by electricity, and
The Commissioners of Thurmont, a
municipal body corporate, not having
legal authority under the present
Charter to erect. equip and maintain
the necessary plant to furnish the
electricity for such lighting or to raise
the money required therefor; and
WHEREAS, it having been thought
desirable and for the hest interest of
said town and it's citizens that such
plant should be erected, installed and
equipped at the earliest date practi
cable, and to that end snndry citizens
of the said town of Thurmont did
form a body corporate in the name
of The Citizens Electric Light 4
Power Company of Thurnont for the
purpose of erecting, equipping and
maintaining an electric light and
power plant to furnish electric light
to The Commissioners of Thurmont
and to the citizens of Thurmont, and
it was expressly understood and
agreed by and between the said The
Citizens Electric Light d Power Com
pany of Thurmont and The Commits
sioners of Thurmont that when the
said The Commissioners of Thurmont
should secure legal authority to own,
maintain and operate such electric
plant, that the said The Citizens
Electric Light & Power Company of
Thurmont would assign and turn over
to the said The Commissioners of
Thurmont all of such electric light
and power plant with all the proper
ty, rights, easements and privileges
pertaining thereto, upon receiving
from the said The Commissioners of
Thurmont the cost of such plant and
the rights pertaining thereto, togeth-
er with legal interest thereon-now,
therefore:
SECTION 1.-Be 1t Enacted by the
General assembly Of Maryand, That
the said agreement between the said
The Commissioners of Thurmont and
the said The Citizens Electric Light
& Power Company of Thurmont,
body corporate, be and the same is
hereby ratified and confirmed, and
the said The Commissioners of Thur
mont, said municipal body corporate,
are hereby granted full power and
authority to own, operate and main
tain the electric light and power plant
erected by the said The Citizens
Electric Light & Power Company of
Thurmont, and to make all such con-
tracts as may be necessary to light
the streets, lanes alleys and public
lie buildings of said town of Thur
mont and furnish light and power to
its citizens.
SECTION 2.-And be It Enacted, That
The Commissioners of Thurmont be
and they are hereby authorized and
empowered to issue bonds in the name
of the said municipal corporation to
an amount not exceeding the sum of
eighteen thousand dollars, in denom-
nations of one hundred dollars each,
and each of said bonds shall be pay
able twenty years after date to bearer,
redeemable, however, at the pleasure
of said The Commissioners of Thur
mont at any time after the expiration
of three years from their respective
dates, and shall bear interest in the
meantime at the rate of five per
centum per annum, payable semi
annually, according to the tenor OF
the coupons for said interest to be
attached to said bonds, which said
bonds shall be sealed with the cor
porate seal of said municipal corpor-
alton, and, together with said cou-
pons, shall be signed by the President
of the Board of Commissioners and
co,,n nt.rsipnnd INV the clerk or register