Evening capital and Maryland gazette. (Annapolis, Md.) 1910-1922, 1922-07-15

An ACT 10 authorize the Mayor,
Counselor and Aldermen of tn,
City of Annapolis to issue bond
to the amount of $4,000 for tn,
purpose of general improvement
within the limits of Annapolis
and to submit the question of tn
issuance of said bonds to tn
voters of said city, and to pro
vide for the advertisement an
sale of said bonds and the pay
ment of interest thereon and thei
redemption when due.
Section /. Be it enacted by the
General Assembly of Maryland,
That the Mayor. Counselor and
Aldermen of the City of Annapolis
he and ii is hereby authorized and
empowered to issue bonds on the
credit of the said Mayor, Coun-
saor and Aldermen of the City of
Annapolis to the amount of $72,-
600, and said bonds shall be ex-
empt from state, county and NUM-
cipal taxation; said bonds to be
signed by the Mayor of Annapolis
and attested by the City Clerk
thereof. with the corporate seal
Of said city attached thereto; said
bonds to bear interest OF not over
six percentum per annum as de-
termined by the Mayor, Counselor
and Aldermen of the City of An
napolis, said interest to be pay
able semi-anndally upon the pres
entation of interest coupons which
are to be attached to said bonds,
and said Mayor. Counselor and
Aldermen are herewith authorh-
ed and empowered to determine
all other matters connected with
the character of said bonds and
the method and incidents of their
issue, not in conflict with the pro-
visions of this Act; said bonds are
to mature and shall be payable by
the Mayor, Counselor and Alder
men of the City of Annapolis as
follows: $4,000 in the year 1925;
$4,000 in the year 1926 $4,000 in
the year 1927; $4,000 in 1928; $4,-
600 in 1929; $4,000 in 1880; $4,-
600 IN 1881; $4,000 in 1882; $4,000
in 1888; $4,000 in 1894; $4,000 in
1886; $4,000 in 1886; $4,000 in
1897; $4,000 in 1888; $4,000 in
1890; $4,000 in 1910: $4,000 in
1871; $4,000 in 1912; provided
that the voters of the City of An
napOlis shall decide that said
bonds shall issue, as hereinafter
set cut.
Sec 2. And be it enacted, That
the Mayor, Counselor and Alder
men of the City of Annapolis shall
call a special election to be held
in the City of Annapolis within
sixty days of the passage OF this
Act, at which time it shall be de-
termined by the qualified voters OF
that city whether or not said
bonds shall be issued; and the
said Mayor, Counselor and Alder
men of the City of Annapolis are
herewith authorized to hold such
election, to fix the time thereof
within the limits herein prescrib-
ed and to do all things neces-
sary for the conduct of such cleo
ton, giving due notice of the time
when it shall be held and the
voting places; there shall be
placed upon the ballots to be
used in said election, the words.
For Improvement Bonds" and
the words, Against Improvement
Bonds" in such a manner that the
voter may indicate by marking in
square opposite such words
whether or not he or she desires
the bonds herein mentioned to
issue; II the majority of the vote
ers decide in favor of the isSu.
ance of the bonds, the Mayor,
Counselor and Aldermen of the
City Of Annapolis shall proceed
to carry out the provision of this
Act conditioned upon such ap-
prevail by the majority of the vOt-
ers; Ii the majority of the voters
decide against the issuance of