Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1918-05-24
Local Laws,

AN ACT to repeal Chapter 296 of the
Acts of the General Assembly of Mary
land of 1916. authorizing and directing
the County Commissioners of Montgomery
county to issue bonds to an amount not
to exceed fifteen thousand dollars ($i5,-
000) for the purpose of building, improv
ing and relocating portion Of the public
road known as the Dickerson- Martinsburg
Road, in said Montgomery county, and to
re- enact the same with amendments; auth
orizing and directing the County Commits
sioners of Montgomery county to issue
bonds to an amount not to exceed TWEEN
ty-two thousand ($22, OOO) for the purpose
of building, improving and relocating por-
ton of the public road known as the DECKER
-Martinsburg Road from the Monocacy
School House Corner by way of the Iron
Ridge Road to the Poolesville- Whites
Ferry Road. and from said point easterly
to the GAINESVILLE Station Road in the
Town of Poolesville. and westerly from
said point of intersection of the Iron
Ridge Road and the Poolesville. Whites
Ferry Road to C. S. Fields store, dis
lance of about seven miles; provided, that
certain donations be made. as hereinafter
provided. to the said County Commission
ers to be applied by them for the purposes
herein; and to collect and levy taxes in
the Third Election District of said county
for the payment of said bonds and inter-
est coupons thereon.
Section 1. Be it enacted by the General
Assembly of Maryland, That Chapter 298
of the Acts of the General Assembly of
Maryland of 1916 be and the same is
hereby repealed and rs-enacted. with
amendments. so that the same shall be,
and read. as follows
Section 1. Be 1t enacted by the General
Assembly of Maryland. That the County
Commissioners of Montgomery county be
ard they are hereby authorized and d.
rected to issue bonds in an amount not to
exceed twenty-five thousand dollars esq.,
OOO) for the purpose of building and i'm
proving a portion Of the public road
known as the Dickerson-M artinsburg Road
from the Monocacy School House Corner
by way Of the Iron Ridge Road to the
Poolesville- Whites Ferry Road, and east
erly from said point to the GAINESVILLE
Station Road in the Town of Poolesville.
and westerly from said point of intersec-
ton Of Iron Ridge Road and the Pooles-
Vile Whites Ferry Road to Fields store,
distance of about seven 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 twenty
two thousand dollars ($22,OO0 for the
purpose of building and improving por-
ton of the public road known as the Dick
erson- Martinsburg Road from Monocacy
School House by way Of the Iron Ridge
Road to the GAINESVILLE Station Road in |
the Town Of Poolesville,and to Fields store
on the Poolssville- Whites Ferry Road, a |
distance of about seven miles, as herein
provided; and the said County Commits
sioners shall issue coupon bonds under |
the corporate seal of said County Commits |
sioners for the amount borrowed under
the provisions Of this Act, the said bonds |
to be signed by the President of the Board |
of County Commissioners and counter
signed by the Clerk thereof, in sums not
less Than one hundred dollars ($100) and |
not more than five hundred ($500), the |
said bonds to bear interest from the date
Of issue thereof at the rate of not more
than five (5) per centum peHannum, pay
able semi-annually. and which said inter-
est to the maturity of each of said bonds |
shall beNprovided for aud set for 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 distinct
reference to this Act authorizing their |
issue.
Sec. 3. And be 1t further enacted, That
all bonds issued under the provisions of |
this Act shall be redeemabe as follows, |
that is to say. not less than five hundred |
dollars ($500) thereof in one year from
the date of their issue. and thereafter
annually five hundred dollars ($5O9) 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
Commissioners shall issue the said bonds
in series. redeemable in their proper order,
and the said bonds shall be sold after due
advertisement at public or private sale in
the discretion Of the said County Com
missioners, and none of said bonds shall
be sold for less than par and accrued In
terest.
Sec. 4. And be it further enacted, That
the said County Commissioners shall
cause to be levied upon and collected
from the taxable property of the Third
Election District of said county all 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
a 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 and coupons
when issued shall be lien upon the tax
able property Of the said Montgomery
county and shall be nom contestable for