Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1916-05-26
OBSERVATION-DISCLOSURES ROAD.
Chapter 470.


and they are hereby authorized and di-
rected to issue bonds in an amount not
to exceed twenty-five Thousand Dollars
5,000). for the purpose Of building. i'm
proving and relocating the public road
leading from Germantown to the public
road leading from Jamestown to Daw-
sonville from point in front of the store
of Horace D. Waters to said public road
leading from Jamestown to Jacksonville
within the Sixth Election District in Mont
gomery county. and to levy and collect
taxes in said Sixth Election District of said
County for the payment of said bonds and
the interest coupons thereon as hereinafter
stated.
Sec. 2. And be it further enacted, That
the said County Commissioners Of Mont
gomery county be and they are hereby
directed to borrow on the credit of the
said county a sum not to exceed Twenty
five Thousand Dollars ($25. 000) for the pur-
pose of building, improving and relocat-
ing the public road leading from Ger
mantown to the public road leading from
Jamestown to Jacksonville from a point
in front of the store of Horace D. Waters
to said public road leading from Darnes-
town to Jacksonville, a distance of about
three and half miles 6 Icy, more or
less, as herein provided: and the
said County Commissioners shall issue
coupon bonds under the corporate seal ofthe
said County Commissioners for the amount
borrowed under the provisions of this
Act, the said bonds to be signed by the
President of the Board of County Com
missioners and countersigned by the Clerk
thereof. in sums not less than One Hun
dred Dollars ($100). and not more than
Five Hundred Dollars ($5OO): the
said bonds to bear interest from the date
OF issue thereof at the rate Of not
more than five per centum per annum,
payable semi-annually, and which said
interest to the maturity of each said
bonds shall be provided for and set forth
in the coupons attached to each of said
bonds, respectively. for the interest due
and payable thereon. and which said
bonds shall have printed on them dis
tinct reference to this Act authorizing
their issue.
Sec. And be it further enacted, That
all bonds issued under the provisions Of
this Act shall be redeemable as follows,
that is to say. not less than Five Hun
dred Dollars ($5OO) thereof in one year
from the date Of their issue. and there
after annually Five Hundred Dollars
($5OOD a h an d every year until
the whole amount of said bonds
and coupons shall have been fully paid:
and to this end the said County Commission
ers shall issue the said bonds in series,
redeemable in their proper order; and the
said bonds shall be sold after due adver-
tisement at public or private sale in the
discretion of the said County Commits
sioners. and none of said bonds shall be
sold for less than par and accrued inter
est thereon.
Sec. 4. And be it further enacted, That
the 81 i'd County Commissioners shall cause
to be levied upon and collected from the
taxable property of the Sixth Election
District of said county an additional tax,
annually. sufficient to pay the said bonds
and interest as the said bonds and inter-
est or coupons may severally mature, as
provided herein; and the said special tax
or levy shall be lien upon the taxable
property Of the said Sixth Election Dis
trict, and the said tax shall be collected
in like manner as other taxes levied in
said County are collected. and when COL
lected shall be applied. as hereinafter
provided, to the payment Of the said bonds
as they severally mature and the interest
thereon. semi-annually. which said bonds
and coupons. when issued. shall be lien
upon the taxable property of the said
Montgomery County and shall be non-con-
testable for any cause whatsoever; and |
the said bonds and coupons so issued, |
when redeemed, whether before or at |
maturity, shall be cancelled, and II shall |
be the duty Of the said County Commits
sioners to Immediately cancel the same.
Sec. S. And be it further enacted. That |
the said County Commissioners be and |
they are hereby authorized, empowered |
and directed to apply the proceeds of the
bond issue. herein authorized. to the ex-
tent Of Twenty-Five Thousand Dollars
($25.OO0). together with the certain dona-
tons Of twenty-five Hundred Dollars
($2.50OO. as hereinafter provided to the
payment for the building. improving and
relocating of the public road leading from
Germantown to the public road leading
from Jamestown to Jacksonville from a
point in front Of the store of Horace d.
Waters to said public road leading from
Jamestown to Jacksonville In the Sixth
Election District Of said MONTGOMERY
County. all building, improving and relo-
eating authorized under the provisions Of
this Act to consist Of the grading Of the
said road. construction Of bridges and
culverts, and the construction thereon Of
macadam or otherdurabIe surface according
to plans and specifications approved by
the Road Superintendent for Montgomery
County, State Of Maryland. The funds
herein provided to be used in said con-
struction may be added to other available
funds and to such funds as may be al
lOtted for said road under the State Aid
Law. If in the judgment Of the County
Commissioners 1t be more advantageous
to construct the road under such Act.
Sec. 6. And be it further enacted, That
on or before the 18th day Of June, 1916.
upon such terms and conditions and the
execution and assurance Of satisfactory
evidence in writing as the said County
Commissioners may prescribe and deter
mine, there shall be donated TO the Coun-
ty Commissioners Of said County the sum