The midland journal. (Rising Sun, Md.) 1885-1947, 1914-04-10
A RILL

Entitled an Act to amend Article Softhe Code
of Public Local Laws of the State of Mary.
land title "Cecif County. /" subtitle sRlsing
Sum- by adding three additional Sections
thereto, providing for bonding the Town of
Rising sun to pay for water works nov con-
structed, and to provide for the construction
and Installation of an electric light plant, to
supply water and light for the Inhabitants
Of said Town, and tor other municipal im-
pr0vements. and 70 submit the question of
issuing said bonds to the vote of the legally
qualified voters and taxpayers of said town.
SECTION l. Be 4 enacted By the General as
senoty Of Maryland, That Article 8, title Cecil
County, sub title Rising Sun. :, be and the
same Is hereby amended BY adding three ad-
diti0nal Sections thereto to come in and after
Section $50 b, as amended by the Act of 1912,
Chapter 400, OF the General Assembly OF Mary
land, providing for lighting the streets, etc..
Of Rising Sun and other municipal improve
ments, said SECTIONS thereto to be numbered
2S9-G, 269-D and 289-E, providing for the bond.
ing of said town.
2S9-C. "Ihe Commissioners of Rising Sun
are hereby authorized and empowered to issue
on the credit Of said town OF Rising Sun, bonds
TO an amount not exceeding seventeen th0us-
and dollars to pay for the water system and
wafer WORKS already constructed, and side
walks already laid and for apparatus for fire
protection already furnished, and also to issue
on the credit of said town other bonds to an
amount not exceeding eight thousand dollars,
1
the purpose Of constructing and installing an
electric light plant and for other improve.
ments, for said town, if they shall deem ex-
pedient and necessary so to do, said bonds to
pc reasonable at period not exceeding
twenty years from the date at which they are
issued at the discretion of the said "The Com.
missioners of Rising Sum- at rate of interest
not exceeding five per centum per annum,
payable semi-annually. and the faith and as
sessable property OF the said town are hereby
pledRed for the payment and redemption of
the principal and interest of said bonds Said
ponds shall be OF denomination to be deter
mined by the Board of Commissioners, and
shall be signed by the President of the said
commissioners, sealed with the seal of said
corporation and attested
So9-D II necessary, in order to pay the in
terest on said bonds and to provide sinking
fund for the redemption of the principal
thereof. as the same shall from time to time
mature, the said Commissioners are hereby
authorized and empowered to levy an add.
tional tax beyond the limit fixed for the reg
uar town tax for said town. on the assessable
therefor
2S9-E Before the said bonds shall be issued
for any OF the purposes aforesaid, the said
commissioners of Rising Sun" shall first SUBJ
init said proposition to bond said town to the
vote of the legally qualified voters and tax
payers of said town, to be held on some date
TO be fixed by them not earlier than one month
nom the date of the passage of this Act, and
not later than six months from the passage
tEereof; ana II at said election majority OF
the votes cast at said election shall approve of
the issue of said bonds for the purposes afore-
said. then the said 1.-The Commissioners OF
Rising Sun" shall issue said bonds, in the wav
and manner. and for the purposes hereinbefore
provided; and should q majority f the said
election against tue issuing of said bonds.
then this Act is hereby repealed And the
said THE Commissioners of Rising Sum- are
hereby fully authorized to pass all necessary
nr1fnAnCna rc
ments for the purpose of olding said election
and ascertaining the true result
SEC. 2. And be 1t enacted That this Act shall
take effect from the date of its passage