The Republican. [volume] (Oakland, Md.) 1877-current, 1916-05-18
CHAPTER NO. 60

AN ACT to enable the qualified voters
of Loeb Lynn Heights, Garrett
County, MARYLAND, to determine by
ballot whether bonds in the sum not
exceeding Fifteen Hundred Dollars
Isl, 800 OO) shall be issued by the
Mayor and Council of said Loeb
Lynn Heights for the purpose of
completing the sewer system of
said town.
SECTION l. Be it enacted by the
General Assembly of Maryland, That
the question of whether or not the May
or and Council of Loeb Lynn Heights,
Garrett County, Maryland, shall issue
bonds in the sum Of not exceeding Fiji
teen Hundred Dollars Isl, 500 00) for
the purpose of completing a system of
sewerage in said town, shall be sub
mltted to the qualified voters thereof.
at the regular election for town officers
on the first Monday of May, 1916. and
the ballot to be used at said election
shall have printed thereon, in addition
to the names of the candidates for town
officers. the following, viz: For the
issue of bonds and Against the issue
of bonds. " and shall be counted and re-
| turned as other election returns are
counted ana made.
SEC. 2. And be it enacted, That the
| qualified voters of said town, desiring
to vote on said question at said election.
| shall indicate their choice of said propo-
sition for which they desire to register
| their vote.
SEC. 3. And be it enacted, That if it
shall be found by the return of the
! judges of said election that a majority
| of the votes cast tor and against the
issue of said bonds, are for the issue of
| the same, then it shall be the duty of
| the said Mayor and Council of Loeb
| Lynn Heights, and they are thereby
| authorized. directed and empowered to
| forthwith issue said bonds in the name
of the Mayor and Council of Loeb Lynn
| Heights, in sum not exceeding Fifteen
| Hundred Dollars Isl, 500 0O), or so much
| thereof as may be necessary, for the
purpose aforesaid; each of said bonds
so issued, shall be for the sum of One
Hundred Dollars (Sl00.00) bearing in
terest at the rate of per cent. per
annum, interest payable semi annually
on the first day of September and the
first day of March in each and every
year that said bond shall run; said bonds
shall be signed by the Mayor and at
tested by the Clerk with the seal of said
town attached thereto; shall be payable
as follows: One bond on the first day of
September, 1917, and two bonds each
year thereafter on the first day OF Sep
TENDER, until the entire issue of said
bonds is taken up and redeemed; re-
serving the opinion to the Mayor and
Council aforesaid, to take up and re-
deem at any interest period after five
years any and all of said outstanding
bonds running more than five years, at
the face value thereof, with accrued
interest; said bonds shall be exempt
from all taxation for County and NUM-
cipal purposes.
SEC. a. And be it enacted, That the
Mayor and Council aforesaid are hereby
authorized and empowered to negotiate.
sell and dispose of said bonds, either at
public auction or by sealed bids, after
due notice of such sale shall be given
through one of the newspapers publish
ed in Garrett County by at least two in
sertions of said notice in said paper be-
fore the day of sale, and said bonds, or
any one of them, shall be made to the