Evening capital and Maryland gazette. (Annapolis, Md.) 1910-1922, 1920-09-30
CHAPTER $50.

or Education or Anne Arundtl county
90 borrow money upon the credit 81
said county 10 lay the erection Of new
public school buildings aud additions "a
public school buildings, and the equippine
81 such new buildings. or additions ~
Anne Arundel County; 10 Issue ponds
therefor, endorsed by the County Com.
miaslDners 81 Anne Arundel County, and
aud authorizing and directing SAID
County Commissioners 10 levy tax SUI
lclfnt IN each aud every year To create
sinking fund 10 pay said bonds at
maturity aud 10 pay the semi-annual IN
terest thereon; and providing Tor the
expenditure Of the proceeds 81 said bond
issue for public school buildings and
equipment
whereas. The need Of new and modern
public school buildings In certain Localities
la Anne Arundel County and Of remodel
Ing or enlarging existing structures, ~ lin .
perntives and AL the children of shld
cOunty--Of school age should have oppor-
tunities as equal as may be 10 receive pub
lic school Instruction ia beautiful and com
Portable buildings, ana
Whereas. II II to the public interest and
for the direct benefit Of the whole citizen
ship Of said county that an adequate fund
under proper control as 70 expenditure,
should be provided by authority OF the
present session Of the General Assembly Of
MARYLAND. for the construction or en-
larging Of public school buildings IN Anne
Arundel County and that wastefui ana un-
Just methods of erecting or improving
said bindings should be eliminated ana
whereas, Whenever consolidation Of
public schools Ia any particular section o.
the said county may be practicable ana
necessary, unreasonable delay IN eject
ing such consolidation would result by
direct taxation imposing too heavy bur
den on the taxpayers
Section l. BE Il enacted by the General
Assembly ~ MARYLAND, That the Board OF
Education Of Anne Arundel County, in or
der 90 provide necessary funds for the
erection OF new public school buildings
and for additions 10 public school build
ings and for furnishing and equip
ping the same ia said county, is hereby
authorized and directed 10 borrow money
on the credit ~ said county, and 70 Is
sue aud sell bonds therefor in the aggre-
gate sum of one hundred and nifty thous-
and lSi5000O) dollars; said bonds 10 be
endorsed by the County Commissioners OF
Anne Arundel County. which endorsement
the said Board of County Commissioners
Of Am Arundel County, Is hereby author
ICED aud required 90 give. Each of said
bonds shall be In the sum OF one Thousand
dollars $1,000, and they shall be number
ed from One % To One Hundred aud Fifty
$50 both inclusive. aud bear date the
first day of July. In the year nineteen
hundred and twenty U920l aud be payable
thirty 500 years from the date of issue.
Said sbbnds snall be signed by the Presi
kent ID the Board OF Education or Anne
Arundel County and couHtersigned Ivy the
County Superintendent of schools, as the
executive officer OF said Board with the
corporate seal Of said Board attached. aud
the endorsement thereof by the County
Commissioners of Anne Arundel County
shall he signed by the President of said
County Commissioners. ana cOuntersigncd
by the clerk thereof. with the corporate
seal Of the said County Commissioners at
tached. and said bonds are expressly de-
olared To he "A direct obligation upon Anne
Arundel County.
See p And be it further enacted, That
the said bonds shall bear interest at an
annual rate ana not exceeding five per
cent O. per cent? payable semi Annually
upun the first day of January and July In
each year, and said bonds shall be exempt
from taxation for county and municipal
purposes when held by citizens of the
State Of Maryland. The bonds shall be
known as Anne Arundel County Public
school Building Bonds" ana this shall be
printed or-lithographed on each bond, with
reference To this Act as authorizing the
same. The Board OF Education OF Anne
Arundel County and the County Commis-
st5ners of 'Amue Arundel County are here
by expressly authorized 60 do any and al.
acts and things in connection with said
bond issue that may be proper 10 give
validity TO said bonds. The Board OF Edu-
cation OF Anne Arundel County Is hereby
directed aud empowered TO sell and dis
pose OF the bonds herein authorized, 1T
public sale To the highest bidder or bid
drrs therefor for cash. after thirty 1907
days public notice by advertisement, pro-
Vided the said bond issue or any. part
thereof shall not be sold for less than par
and accrued interest. and the sale or part
or all of said bonds shall be made AZ such
time and i'm such amount ms the said Board
shall deem advisable to carry out the OBJ
tects Of this Act
See. p Aud be Il, further enacted, That
the said County Commissioners of Anne
Arundel County are hereby authorised ana
required To levy upon the asSessable prop
erty Of said county at the period 81 max
ing the annual levy, in each ami every
wear. while the said bond issue is out
standing. sum sufficient To- pay the In
terest thereon rs il may be due aud pay.
able. and the further sum Of three thous-
and ($l0O000 dollars to create sinking
fund TO redeem and retire the said bonds
az maturity. The said sinking fund shall
de divided and deposited in such proper
ton as the Public School Building Com
mission may designate in the Farmers
National Bank of Annapolis the Annapolis
Savings Institution. the Annapolis Bank
lug and Trust Company and the Anna
polls Rank OF the Eastern Shroe Trust
Company. The said banks shall allow in
terest on the amount of the sinking fund
Go deposited in the respective banks at the
rate OF not less than tour az per cehtulh
Der anuum from the date of such deposit
which interest shall be added 10 and he
come part of the sinking fund herein
created.
See l. And be Il further enacted. That
for the purpnse of designating what public
school building shall be erected i'm said
county or alterations. additions or repairs
exceeding cost 81 three hundred 5000
dollars shall be made to existing school
buildings. there is hereby created COM
mission 10 he known rs the Public School
Commission tRuilding) Of Anne Arundei
County" 20 be composed as follows: or
the seven members of the said Board OF
County Commissioners. or the successors
80 any 81 them. three CD members OF the
Board Of Education or the successors Of
any of them; one person resident in the
Firth Election District Of said county, In
~. selected by the ten members Of the
Commission. the County superintendent of
schools shall be secretary. said commits
sion. shalI organize as soon as conveniently
may be after the passage OF this Act. anc
shall name an executive committee OF four.
including two members OF the Board ei
County Commits Il 1ners. che member OF IN"
Comfy Board of Education and the mem
her Of the Building Commission from the
Fiffh District. of which said executive
committee the County superintendent of
Schools shalt be secretary.
Sex. :. And be Il further enacted. That
IL shall be the duty OF the said executive
committee to Inspect proposed sites. FOR
luulate plans of buildings and Of iul-
movements. receive n open meeting formal
statements of school patrons and taNpay
ers whenever such open meetings may be
requested by substantial number OF inter
eSted parties. and collate data hearing
upon proposed expenditures: and IL shall
make comprehensive reports Of Informal
ton gathered by il and submit its recon-
mendatinns therein to the Public School
building Commi ssipa II Anne Arundel