Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1916-05-12
Observation-Disclosures ROAD.
Chapter 296.


Commissioners Of MONTGOMERY county be
and they are hereby authorized and di-
rected to issue bonds in an amount not
to exceed Fifteen Thousand Dollars (S15,-
0O0) for the purpose of building and i'm
proving a portion of the public road
known as the Dickerson- Martinsbure Road
from the Monocacy School House corner
by way of the Iron Ridge road to the
Poolesville-Whites Ferry road at Fields
store, distance Of about five miles,
within the Third Election District of said
county; and to levy and collect taxes in
said Third Election district of said county
for the payment of said bonds and the
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 sum not to exceed Fifteen
Thousand Dollars ($15.OO0) for the pur-
pose of building and improving portion
OF the public road known as the Dicker-
son-Martinsbure road from Monocacy
School House by way OF the Iron Ridge
road to Fields store ON the Pooesville-
Whites Ferry road. distance Of about
five miles. as herein provided; and the
said County Commissioners shall issue
coupon bonds under the corporate seal of
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
hundred dollars $1,000 and not more
than Five hundred dollars ($5OO), the
said bonds to bear interest from the date
Of issue thereof at the rate of not more
than five (5) per centum per annum.
payable semi-annually. and which said
interest to the maturity of each of said
bonds shall be provided for and set forth
In the coupons attached to each Of said
bonds. respectively. for the interest due
and payable thereon. and which said
bonds shall have printed on them dis
tinct reference to this Act authorizing
their issue.
Sec. 8. And be 1t further enacted, That
all bonds issued under the provisions of
this Act shall be redeemabie as follows,
that is to say. not less than Five Hun
bred Dollars ($s0O) thereof in one year
from the date of their issue and there
after annually Five Hundred Dollars
($5OO) each and 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.
Sec. 4. And be 1t further enacted, That
the ssid County Commissioners shall
cause to be levied upon and collected |
from the taxable property of the Third
Election District of said county an addi- !
tional tax. annually. sufficient to pay the
said bonds and interest as the said bonds
may severally mature. as provided herein:
and the said special tax or levy shall be
lien upon the taxable property Of the
said Third Election District. and the said
tax shall be collected In like manner as
other taxes levied in said county are col
lected, and when collected shall be ap-
piled as hereinafter provided to the pay
ment Of the said bonds as they severally
mature and the interest thereon, semi
annually. which said bonds ard coupons
when issued shall be a lien upon the tax
able property of the said Montgomery
county and shall be on-contestable for |
any cause whatsoever; and the said bonds
and coupons so issued, when redeemed,
whether before or at maturity. shall be
cancelled. and 1t shall be the duty Of the |
said County Commissioners TO Immediately
cancel the same.
Sec. S. And be 1t 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 Fifteen Thousand Dollars ($15.-
000). together with the certain donation
of Four Thousand Dollars $4,000. as
hereinafter provided. to the payment for
the building and improving OF q portion
Of the public road known as the Dicker-
son-Martinsburg road from Monocacy
School House by way Of the Iron Ridge
road to Fields store on the Poolesville-
Whites Ferry road. within the Third Elec-
ton District Of said county, all building
and improving authorized under the pro-
visions Of this Act to consist of the grad
ing Of the said road. the construction of
bridges and culverts. and the construc-
ton thereon Of macadam or other dur
able surface according to plans and spec
ifications approved by the Road Superin-
tendent Of Montgomery county. State OF
Maryland; the funds herein provided to
be used in said construction may be add
ed to other available funds and to such
funds as may be allotted for said road
under the State Aid Road loan. II In the
judgment Of the Commissioners it be
more advantageous to construct the road
under such Act.
Sec. 8. And be it further enacted. That
on or before the 18th day Of June. 1915,
upon such terms and conditions and the
execution and assurance by satisfactory
evidence in writing as the said County
Commissioners may be prescribe and de-
termine, there shall be donated to the
County Commissioners of said county the
sum Of -Four Thousand Dollars ($4.OOO) to
be applied by them, in addition to the
sum of Fifteen Thousand Dollars (Sf5. OOO)