The Republican. [volume] (Oakland, Md.) 1877-current, 1916-05-25
PUBLIC LOCAL LAWS

fund for the redemption of said bonds
at their maturity, and the said Mayor
and Council of Grantsville shall, from
time to time, deposit the money
belonging to said sinking fund and the
increment thereof in some safe deposit
tory. which pays interest on deposits, or
shall invest the same in state or such
other bonds satisfactory to the Mayor
and Council of Grantsvil9 as to them
may seem best, or in the purchase or
redemption of said bonds as may be Of
fered for sale or redemption, and upon
the purchase of any such bonds by the
said Mayor and Council they shall be
Immediately cancelled by stamping
across their face Cancelled by sinking
fund.-, and no portion of said sinking
fund so levied shall ever be diverted to
any other purpose than to the purchase
and liquidation of said bonds. The
money collected each year by the treas
urer or tax collector on account of taxes
to the extra said sum of Two Hundred
and Fifty Dollars $3.50 shall be set
apart for said sinking fund, and sepa
rate account shall be kept thereof and
be deposited to the credit of said fund,
and no part of which shall be charge
able to insolvencies on account failure
of assessments or collections.
see. 5. And be it enacted, That
the money arising from the sale of said
bonds (which said bonds shall be sold
either at auction or by sealed bids, after
due advertisement thereof to the high
est responsible bidder, shall be deposit
ed in bank to the Mayor and Council of
Grantsville, and subject to their check,
and the clerk of said town shall keep
book, to be especially provided for the
purpose, of the names and addresses of
the purchasers of the bonds sold, and
the amount realized on the sales togeth-
er with the serial numbers of the bouds.
SEC. 6. And be 1t enacted. Thatin
any prosecution before a Justice of the
Peace under Section Of this Act, the
accused and the Mayor and Council of
Grantsville shall have the right to an
appeal to the Circuit Court for Garrett
County, within thirty days, and jury
trial. Any person or persons convicted
before a Jnstce of the Peace under Sec
ton of this Act who shall be held by
recognizance or be committed to the
county jail to appear before the next
regular Jury term to the Circuit Court
for Garrett County.
SEC. I. And be 1t enacted That
the Mayor and Council of Grantsville be
and they are hereby authorized and en-
powered to negotiate, sell and dispose
of the said bonds as hereinbefore pro-
vided in Section of this Act, or so many
thereof as so the Mayor and Council
may be deemed necessary for the pur-
poses of this Act. And the said Mayor
and Council are fully authorized to make
all necessary rules and regulations, and
to pass all necessary ordinances, with
penalties for their violations, lnd to do
all other necessary acts for the proper
managing, maintaining and repairing
said water works and sewerage systems
and for the protection thereof.
SEC. S. And be it enacted That
the funds realized from the sale of said
bonds shall be applied to the purposes
of this Act, and shall be paid by check
signed by the Mayor and President of
the Council and the Mayor and said
Council OF Grantsville are hereby author
lied and empowered to pass such orders
for the payment of money due for the
construction of said water works and
sewerage, or to the contractor or con-
az sbsii from ti,ne to tine bn dna ~
@arned nv the contractor ' nr co"tractoUs
~ nartio5 doing tbn vol, in tho $50
ort;or Of ssid Col and aIso f sl tiroa
~ Tine 70 mass orJars for Tho 0., T,,,t
If nronertv nnrchased or ror GJ mad
ord for ratariai fnrrisbaJ in
If The nrovisione Of t5is Az anJ -, rna,,
in r. d;scretion er,nIoy co %, tl,,y
b,.aroara1bicoI a,Criraar To 49,
tbe worF Of conStrnctirg ancb -a az
worl,s and SEWERAGE sI,gte,r
"C--'- '''l,' ~ III ~,
Or o. Gnu Gnu De II enacted, mat
Ga+a Of regpiar ,,o'1Iicrai elactia,, ~ 6n
baId in the town If CrsntsyilIa ,,oicb
nIection sbaE he hold in The sam man. NAM
/ - Al > .--....;-:..I 60 . -