Saint Mary's beacon. [volume] (Leonard Town, Md.) 1867-1983, 1916-02-24

hthNAFt tbftf ptJ fnt1th ~ tNNkn <AUh& Ill
County Roads Commission, D
E i majority Of them are hereby d
! rected 70 advertise once d week 70
] three successive weeks in the coun
+ t. papers and 1T least one pape
published in the City IF Baltimore
that they will receive bids at sucl
place or places AZ may be named il
J said respective advertisements, fol
bonds OF certificates Of indebtedness
issued under the provisions Of thii
Act, under such regulations as mas
be made in the discretion of the
County Roads Commission, or {
majority o. them. and the accrued
interest between the date OF bonds
or certificates Of indebtedness and
and the time Of sale and delivery OF
and payment for said bonds OF
certificates, shall be adjusted with
the purchaser thereof under such
regulations as may be made in the
| discretion Of the County Roads
| Commission, or a majority Of
4 them; and npon the day mentioned
in SAID advertisement as the day for
opening the bids for the proposals
thereby called for they shall receive
such sealed PROPOSALS for the pur.
chase OF as many Of said certificates
lof Indebtedness as may be desig-
mated in said advertisement and
on the opening OF such sealed bids.
as many Of said certificates Of IL
debtadness al have been 80 bid for
shall be awarded by said County
Roads Commission OF n majority
OF them, to the highest responsible
bidder or bidders therefor for cash;
/ if the prices bid are inadequate, in
the Judgment of The County Roads
i Commission or a majority OF
them, and when two or more bid.
ders have made the same bid, and
such bid is The highest and the
certificates SO bid for BY the highest
responsible bidders are ii excess Of
thu whole amount Of the certificates
so offered for sale, such certificates
Of indebtedness shall be awarded
such highest responsible bidders
1 bidding tho same price III 4 ratabls
proportion; and il any of said certiti-
Gates 50 offered for sale are not bid
for. or il m insufficient price be bid
for them. they may subsequently b.
disDosed 81 under the direction Of
the said County Roads Commits
sion, Or . majority Of them, a
private sale upon the best terms
they can obtain for them provided
they shan not be sold At private sal,
Tor less than PAR and accrued inter
est.
sEa H. The actual cash pro
eeeds 70 be derived from the sale o
the certificates ~ indebtedness 10 b,
sold under the provisions Of thl
Act, shall BE- used BY the Count,
Roads Commission Of ST. Mary
County for the purposes hereil,be
fore, in this Act, setforth.
sEc. IL. Inasmuch as the par
poses contemplated bv this Act ma.
not necessitatc the sale, II any on
time or IL any one year, Of the tcta
amount Of the certificates Of in
debtedness as provided for in See
ton Of this Act. the said ''Coun
~ Roads Commission" Or ma
iorily of them, may issue adver
tisements from time 70 time, in &c
, cordaDce with the provisions 0
this Act. for such parts of sai'
loan, authorized IN any one year, a
may 10 the said County Road
Commission, Or majority 0
them, seem most wise and adyan
tageous.
SIC. Is. And be q enacted
That the term commission where
/ ever used in this Act shall be con
I strucfed to mean a majority Of th
{ members Of the Comfy Road
Commission Of 81. Mary's County
SIC. Il. And be it enacted
That Sections and Of Article 2
! OF the Code Of Public Genera
! Laws. title County Commission
+ ersn in 50 far as they relate to 81
Afary's County, be and the sem
|, are hereby repealed
SEC, IS, And be il further en-
1 acted, That this Act shall take 81
I from the FIRST day Of June. 1916.
] >
! Editor 81 the 81. Mary's BEACON:
n1.An GIN ~ hnra rean with rnIans