The aegis & intelligencer. [volume] (Bel Air, Md.) 1864-1923, 1910-05-13

part of the contract bctwe said city
and the purchaser or purchas, ut said
| bonds and security for the payment OF
tn. principal and interest thereon nv the
same shall mature. "A pledge OF the none Y
authorized and thereafter 10 he paid tn
said city. and which the snid city il or
may he entitled to receive under the aiore.
said Act. and the purchasers and holders
OF said bonds shall have the right to rely
and insist upon the securities so pledged
to them until the said bonds are fully
paid; and in case 1t shall happen in any
wear that the money received by said
city under and by virtue OF said Act shall
be less than 81 900, then the Mayor and
Cit, Council aforesaid shall whenever
and as often as such deficit shall occur.
levy upon the assessable property of said
city and collect thereirom sum of
money which together with the sum re-
ceived by them for licenses under and nv
virtue OF the Act aforesaid will amount
to the said sum of 81 900. and the same
shall thereupon be placed in said sinking
fund
l75.G. That Richard II. Smith. Muir.
ray Nandiver, Isaac llecht. Clarence {.
pusey. Daniel W. Hopkins and Michael
Fahey, together with the Mayor OF said
| city for the time being, and the city at
to-ney thereof for the time being, ex.
oihcio, shall I've. and they are hereby up.
pointed n commission for the purpose
hereinafter mentioned and said commits
sion or IA majority thereof shall within
thirty days ot the passage and approval
of this Act. organize by the election of n
| chairman. secretary and treasurer. and
| shall require the said treasurer to give
bond In the penalty of 10000 for the
faithful performance of his duties as such
treasurer. The said commission, or a
majority thereof IL hereby authorized.
directed and required to receive from the
Mayor and City Council of Havre de
Grace the bonds hrreinbcfore authorized
| aud directed to be issued. and to sell the
same upon the best terms possible, pro.
yided the prices at which they are sold
shall not he less than par or their face
,lue. and the proceeds shall he mmedi
ately placed to the credit OF said commits.
sion in a National Bank, or Banks, at
tue highest rate of interest obtainable.
aud shall he subject To the check of said
commission, to he signed by said treas
urer aud countersigned by the chairman
thereof. The said commission 10 hereby
authorized and empowered out of the
pr occeds OF the sale of said bonds to pay
the debt due Mary Elma Fletcher under
a Judgment recently recovered against
the Mayor and City Council Of Havre de
Grace In the Circuit Court for Hartford
County. and affirmed by the Court of
Appeals oi Maryland. and to cause prop.
er satisfaction of said Judgment to he en-.
tered OF record The said commission 10
also authorized and directed To improve
the streets Of said city in such manner
and by such methods as the said CO minis.
sion or majority thereof shall deter.
mine. and to provide buildings and equip
ments for the city fire departments and
Tor that purpose to employ and fix the
compensation of said treasurer, and such
assist ants AZ engineers, clerks. mechanics
and laborera IN may he nccei sary and
proper for carrying on all such work ne
they may need bv virtue Of this Act; or
the said commission. In their discretion,
may make "A contract or contracts for
the accomplishment of the work aforc.
said.
i76.H. II shall be the duty oi the said
commission, or their successors, To rem.
der u statement of their expenditures, to.
ceedings to the Mayor and City Council
of Havre de Grace on the first days oi
July, October. January and April Of each
year during which they are engaged 10
such work.
1851. Should any vacancy or vacan
cies occur In the mcmbcrship Of said com
mission. by death. resignation or other.
wise, n majority Of the members thereof
shall have full power to fill such vacancy
or vacancies. provided. however. that
the person or persons selected shall he
registered voters or taxpayers ofsaid city
and the said commission In hereby direct.
ed to keep full and accurate minutes Of
1t proceedings. which shall I've open to the
public for their inspection on such rra.
sOnable terms as said commission may
prescribe.
SECTION z. And he it further enacted
that all laws or parts thereof inconsist.
ent with this Act he. and the same are
hereby repealed. and that this Act shall
take effect from the date Of IL passage
and approval.
Approved April 9th. 1910.
AUSTIN l.. CROrHERS,
Governor
ADAM PEOPLES,
Speaker ni the House Oi Delegates.
ARTHUR +. GORMAN, il.
President oi the Senate.
Office OF the Chief Clerk of the House:
Hereby Certify, That the nforegoing
is true copy IL AN Act Of the General
Assembly Of MARYLAND. passed at the
January Session. 1910
A. J. ALMONEY,
Chief Clerk OF the House.