The Republican. [volume] (Oakland, Md.) 1877-current, 1931-06-04
PUBLIC LOCAL LAWS

for the payment of the same at ma
turity. The said sum of one thous-
and dollars shall be held and invested
by the Mayor and Council of Grants
vile as sinking fund for the redemp-
ton of said bonds at their maturity;
and the said Mayor and Council of
Grantsville shall from time to time
deposit the money belonging to said
sinking fund and the increment there
of in some safe depository which pays
interest on deposits, or shall invest
the same in State or other bonds sat
isfactory to the Mayor and Council
of Grantsville as to them may seem
best, or in the purchase or redemption
of any of said bonds as may be offered
for sale and redemption, and upon
the purchase of any such bonds by the
said Mayor and Council they shall be
Immediately cancelled by stamping
across their face Cancelled by the
sinking fund.-, and no portion of said
sinking fund so levied shall ever be
| diverted to any other purpose than to
the purchase and liquidation of said
bonds. The money collected each year
| by the treasurer or tax collector on
account of taxes to the extent of said
sum of one thousand dollars shall be
set apart for said sinking fund, and
a separate account shall be kept
thereof and be deposited to the credit
of said fund, and no part of which
shall be chargeable to insolvencies on
account of failure of assessments or
collections.
Sec. 5. And be it further enacted,
That the money arising from the sale
of said bonds (which bonds shall be
sold either at auction or by sealed
bids or at private sale in the discre-
ton of the Mayor and CounciD shall
be deposited in banks to the credit of
said Mayor and Council of Grants
vile and subject to their check, and
the clerk of said town of Grantsville
shall keep book to be specially pro-
vided for the purpose of recording
the names and addresses of the pur-
chasers of the bonds sold and the
amount realized on the sales, together
with the serial number of the bonds.
Sec. 6. And be it further enacted,
That in any prosecution before JUS
tice of the Peace under Section 3 of
this Act, the accused and the Mayor
and Council of Grantsville shall have
the right to appeal to the Circuit
Court for Garrett County within thir-
ty days to jury trial. Any person
or persons convicted before a Justice
of the Peace under Section 3 of this
Act who shall pray an appeal to the
said Court, shall be held by recogni-
zance or be committed to the county
Jail to appear before the next regu-
lar jury term of the Circuit Court
for Garrett County.
Sec. Z. And be it further enacted,
That the Mayor and Council of
Grantsville be and they are hereby
authorized and empowered to negoti-
ate, sell and dispose of said bonds as
hereinbefore provided in Section 5 of
this Act, OR so many thereof as to the
Mayor and Council may be deemed
necessary for the purposes of this
Act, and the said Mayor and Coun-
Gil are fully authorized to make all
necessary rules and regulations and
to pass all necessary ordinances, with
penalties for their violation, and to
do all other necessary acts for the
proper managing, maintaining and
repairing the said water works sys-
tenn and for the protection thereof.
Sec. 8. And be it further enacted,
That the funds realized from the sale
of said bonds shall be applied to the
purposes of this Act and shall be paid
by check signed by the Mayor and
President of the Council, and the said
Mayor and Council of Grantsville are
hereby authorized and empowered. to
pass such orders for payment of mon
ey due for the construction of said
water works or to the contractor or
contractors for the construction of the
same, as shall, from time to time be
due or earned by the contractor or
contractors in The prosecution of said
works, and also from time to time
to pass orders for the payment of
property purchased or condemned, and
for material furnished in pursuance
of the provisions of this Act, and may
in its discretion employ a competent
Photographed engineer to superin-
tend the work of constructing such
water works.
Sec. 9. And be it further enacted,
That on the first Monday in April, in
the year 1881, at the regular election
] held in the town of Grantsville, the
l question as to whether this Act shall
take effect shall be submitted to the
legal voters of said town, and all bal
lots at said election shall have printed
on them the words "For Water
Works." and the words against
| Water Works." and all voters desiring
to vote for the provision of this Act
shall mark his or her ballot with an
(X) after the words "For Water
Works." and all other voters desiring
to vote against the provisions of this
Act shall mark his or her ballot with
an (X) after the words against
Water Works." And if the judges of
election shall decide that a majority
of the votes cast "For Water Works."
then this Act shall be in full force of
law, otherwise to be of no effect. The
judges of election shall, under their
hands, Immediately after said cleo
ton, certify to the Mayor and Council
of Grantsville the result of said cleo
ton.
| Sec. 10. And be it further enacted,
That all acts and parts of Acts incon-
sistent with the provisions of this.
Act be and the same are hereby re-
pealed to the extent of their incon-
sistency, provided that nothing here
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