The daily banner. (Cambridge, Md.) 1897-2008, 1910-05-27

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AN ACT to authorize The Commissioners of
Cambridge to issue bonds for the purpose of
grading, paving. curbing and draining the streets
and highways of Cambridge. in Dorchester
county. State of Maryland and of placing sewers
therein: to levy and collect an additional tax for
the purpose of paying the interest and principal
on said bonds. empowering the said The Com
missioners of Cambridge to assess part of the
cost of such work upon the property a6uttlng
on such streets as may he improved under the
of appointment of IA Commission of five citizens
of Cambridge to make contracts for SAID work
and supervise the performance OF the same ana
submitting the proposition OF street improve,
ment to vote of the qualified voters of said
town.
SECTION l.. Be it enacted by the General As
sembly of Maryland, that for the purpose of
grading, paving, curbing. draining and other
wise improving the streets and highways of the
town of Cambridge in Dorchester county. state
streets to be improved hereunder THE Com
misSionerS of Cambridge" be and they are here
by authorized and empowered to borrow money
on the faith and credit of the said town not to
exceed in the aggregate the sum of fifty thous-
and dollars, and to issue bonds therefor. as
hereinafter directed, to be signed by the Mayor
of the said town and countersgned by the Treas
urer thereof. with the seal of The Commissions
ers of Cambridge affixed thereto.
SECTION 2. And be it enacted. that the said
bonds shall be issued in denominations of five
hundred dollars, with coupons attached thereto
for the payment of the interest thereon semi
annually on the first day Of January and July in
each and every year until the maturity thereof,
treasurer printed or written thereon, said bonds
shall be dated the first day OF July, A, d., 1910,
shall bear interest from the date thereof at a
rate not exceeding five per cent, per annum.
PAYABLE semi-annualy as aforesaid and shall be
exempt from State County and Municipal taxa
ton. The said bonds shall be numbered from m
one to one hundred. both inclusive, and shall be
so issued that two thousand dollars (S2.HW
thereof, or four of said bonds, shall mature in
every year from the date of issuing the same
until the whole shall have been paid off and re
deemed that is to saj that bonds Nos. l, ,
and shall be due and payable on the first day
of July, 1911; bonds Nos. ), &, and 8, shall be
due and payable on the first day of July, 1912,
and so on according to their consecutive num-
beers. Four of said bonds shall be due and pay
able on the first day of July in every year sue
ceedng their issuance until the whole shall have
been paid and redeemed, and whenever any
bond or bonds shall have been paid or redeemed
it or they shall be cancelled and destroyed by
the Commissioners of Cambridge and a note
thereof made on the minute book of the office.
SECTION g. And be it enacted. that when the
said bonds shall be properly prepared and duly
executed, as herein prescribed the said Tie
Commissioners of Cambridge" shall advertise
the same in TWO newspapers published in said
town of Cambridge, and in a newspaper pub
advisable, inviting sealed proposals for the pur-
chase of said bonds, or any part thereof with
the privilege to the said Commissioners to reject
any and all bids, provided that no bid shall be
accepted at less than par. together with such
,terest, if any. as may have accrued from the
arst day of July, 1910, the date of said bonds.
advertise the said bonds for such length of time,
as in their discretion is adequate notice to the
public and may offer all of said bonds for sale
at the same time or may offer them at different
intervals in such instruments and amounts as
they may deem advantageous to the town in
CARRYING on the work for, which the same are
issued. The money arising from the sale OF SAID
bonds, as we'll as that collected from assess
ments made ON abutting property. as herelnaf-
ter provided, shall be kept as separate fund by
the town Treasurer, to be exclusively used for
the purposes of this Act, and all taxes levied and
collected, as hereinafter provided, for the pay
ment of the interest and principal of said bonds
shall likewise be kept us separate fund by
said officer.
SECTION 1. And De 1t enacted, that THE
Commissioners of Cambridge are hereby au-
thorze,i empowered ahd rG4MEra 10 t ley , a,
of Cambridge tax sufficient TO pay the interest
on said bonds by them to be issued in pursuance
of his Act. and are also authorized. empowered
and required to levy annually upon the aSsessa-
bic property OF said town tax sufficient to pay
the principal of said bonds, as they respectively
mature and fall due. The tax hereby authorized
is tor the special purpose herein stated and is in
addition to the tax levied for General purposes
as authorized by the Charter of the town OF
Cambridge aforesaid.
SECTION s. And be Il enacted that the work of
grading, paving, curbing, draining or otherwise
improving the streets and roadways of the said
town of Cambridge as herein provided, shall be
done by The Commissioners OF Cambridge
through the agency of Commission, to be
known as the Cambridge Street improvement
Commission" the members of which shall serve
without pay ANA shall be composed OF FIVE mem
beers, all citizens of the town of Cambridge, APP
pointed in the following manner, to-wlt: The
Chief Judge of the First Judicial Circuit of Ma
ryland, the Mayor of Cambridge and the Presl-
dent OF the Board OF Trade OF Cambridge shall
be and they hereby appointed and consti-
tuted THE Board OF appointment of the Street
Improvement Commission, and as soon as con-
iAnf hA n nF net
and appoint five discreet men, citizens and tax
payers of the town of Cambridge, to act as said,
The Cambridge Street Improvement Commits
sion,' of which Commission the Mayor of Cam
bridge shall be, eX-officiO, member, with equal
rights, authority and responsibility of the other
four members of said Commission and in case
of vacancy or vacancies in said Commission,
caused by death, resignation, removal from Cam
bridge, refusal to serve, or otherwise, such va
cancy or vacancies shall be filled by an appoint
ment or appointments to be made by the afore-
said ''The Board of Appointment of the Street
Improvement Commission or majority of
the same.
SECTION 6. And be it enacted, that the said
Commission after their appointment shall organ
iZe by electing from among its members its own
chairman and its own secretary ana snail nave
full power and authority to determine, by a ma
jority vote, all questions connected with the i'm
provementS of the streets and highways afore-
said; after the work on the streets hereinafter
designated for improvement shall have been
completed, they shall decide what other streets
or portions of streets shall be improved under
the terms OF this act, and for all streets to be
improved including these herein specifically men
toned of hereafter to be selected in their dis
erection, they shall decide and determine accord
ing to their best judgmet, what materials shall
be used for such Improvement, whether vitritied
brick, macadam, bitulithic, stone, Belgian blocks
or other mat erials and shall make all contracts
for such work on the part of the town, such con
tracts to be in writing and to be executed on
their part by the signatures of their chairman
and secretary; and in carrying out the objects of
this act they may call to their assistance skilled
engineer, or other person, familiar with modern
road construction, and may make such agree
engineer or other person, as they may deem wise
and advantageous They shall keep minutes of