The Republican. [volume] (Oakland, Md.) 1877-current, 1924-05-22
PUBLIC LOCAL LAWS

SO issued, said bonds to be dated the
first day of July, 1925, and to bear in
terast at a rate not exceeding five per
centum per anuum, payable semi-an-
nuaily on the first day of January
and the FIRST day Of July in each and
every year until maturity thereof,
and the said bonds shall mature as
follows: Ten thousand dollars (S10,-
000) thereof on July /, 1928, and an
nualy thereafter the sum of ten
thousand dollars 100000 in every
year until all Of said bonds shall have
matured
Sec. ?. and be it further enacted,
That said bonds shall have written or
printed on them a distinct reference
to the Act directing the issue Of the
same, and that said bonds when is
sued shall be exempt from state, mu-
nicipal and county taxation in Garrett
County, and they shall be sold after
due advertisement by the County Com
missloners to the highest bidder or
bidders.
Sec. 3. And be it further enacted,
That the said County Commissioners
! for Garrett County shall levy annu-
ally upon the assessable property of
said county tax sufficient to pay the
interest upon said bonds, and in the
year 1928 they shall levy the sum of
ten thousand dollars 100000 to meet
| the first maturing bonds issued, and
annually thereafter the said County
Commissioners shall levy upon the as
sessable property of said county the
sum of ten thousand dollars (S10,000)
for the payment of such bonds as an
nually mature until the maturity of
the last bonds by this Act authorized
to be issued.
Sec. 1. And be it further enacted.
That the clerk of the County Com
lmissioners of Garrett County shall re-
cord the said bonds when the same are
sold, showing to whom the same were
sold, what price was obtained there
for, the serial number thereof, and
shall keep record upon the books
Of said County Commissioners of all
bonds paid.
Sec. 5. And be it further enacted,
That the County Commissioners of
Garrett County shall, when notified
by the Garrett County School Build
ing Commission hereinafter created
that they desire to avail themselves
of the provisions of this Act and of
the amount of money they will re-
quire for the purpose aforesaid, the
said Board of County Commissioners
shall advertise and sell such proper
tomato part Of said bonds as above
provided to an amount sufficient to
produce the sum designated by the
said Garrett County School Commits
sion, but in no event in excess of the
sum Of twenty-five thousand dollars
1925, 000) annually, and shall pay over
the proceeds of the sale OF SAID bonds
to the said Garrett County School
Building Commission, who shall ac-
count for the some in the same man
ner as they account for other monies
passing through their hands.
Sec. 6. And be it further enacted
That George D. Browning, Robert L.
Wilson, Neville Speelman, Charles A.
Bender and Henry NJ. Speiciher, all Of
Garrett County, be and they shall con-
stitute commission to be known as
the Garrett County School Building
Commission. In case of a vacancy in
said commission because of death, re-
fusal to act, registration or otherwise,
Of any of the members thereof the
said vacancy shall be filled by a ma
jority Of the remaining members of
said commission. All of said mem
bers shall serve without compensa-
ton but they shall be reimbursed for
the actual expenses incurred in the
performance of the duties imposed
upon them by this Act
The said Garrett County School
Building Commission shall purchase
the sites and build or repair school
buildings under the provisions of this
Act, and eXpend all of the funds which
are paid over to said commission I'M
der Section 5 of this Act. The provis-
ions of this Act shall be construed as
additional and supplementary to, and
not IN substitution or in cofict with.
any of the provisions of the general
laws OF this State relating to public
schools, and the powers of the State
Superintendent of Schools, in regard
to plans, construction and erection of
public school buildings.
Sec. 7. And be it further enacted.
That at the general election in No
vember, 1924, there shall be submitted
to the qualified voters of Garrett coun-
ty the question whether the said bonds
shall be issued, and at such general
election the ballots used and cast upon
the question shall have printed or
written thereon the words "For the
Bond Issue and against the Bond
Issue" and if a majority of the votes
cast upon said question shall be For
the Bond ISSUE" the County
Commissioners for Garrett County
shall proceed to exercise the power
vested in them by this Act, and shall
issue the bonds as herein provided;
but if a majority of the votes cast
upon said question shall be against
the Bond ISSUE" then this Act shall
be null and void, and said bonds shall
not be issued.
Sec. 8. And be it further enacted.
That this Act shall take effect June
l, 1924.
Approved April 9, 1924.
CHAPTER 60.