Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1945-08-16
Montgomery County Refunding Bonds Of 1885, Series
100000.
Dated September l, 1945)

1945 Series must be enclosed sealed envelope addressed
to the County Commissioners of Montgomery County and
marked the outside Proposal for Montgomery County
funding Bonds 1896 Series b. accompanied by
certified check drawn to the order of the County Treasurer
of Montgomery County, per 2es par
of the Issue to said County against any resulting
from the failure of the particular bidder comply
terms of his bid No interest will be allowed
the deposit Checks deposited by bidders will
returned them when the bonds
bidder
Each bid for Hiandae Volunteer Department
be enclosed in sealed envelope addressed the
County Commissioners of Montgomery County and marked
the outside Proposal for 945 Handae Volunteer Fire De-
parment Bonds and must be accompanied by certified check
drawn the of the County Treasurer Montgomery
County, per (2e) the par
said County against loss resulting from the failure
of the particular bidder comply with the terms of his bid
No interest will be allowed the deposit
Checks deposited by unsuccessful bidders will be returned
them when the bonds awarded the successful bidder
Bids for the two issues will be considered separately and
separate awards made.
adjusted to the date of delivery of
the bonds and payment therefor.
The Montgomery County Refunding Bonds of 945 Series
are issued pursuant to the authority of Chapter $50 Of the
Acts of the General Assembly of Maryland passed Jan
Session in the of 194 and the Handac Voun
eer Fire Department Bonds issued pursuant
y of Chapter 423 the Acts Assembly Mary
land passed at its January Session the year 1885,
o SAID issues also issued accordance with Ordinances duly
adopted by the County Commissioners Montgomery County
The bonds issued upon the full faith credit of
County Commissioners of Montgomery County said full
faith credit revocaby pledged
principal and interest said bonds Under existing
laws these bonds exempt State county municipal
taxation in the State of Maryland Under provisions
said Chapter $50 of the Acts the Ordinance adopted
by the County Commissioners Montgomery
ion is made for the levy of annual ad all
assessabe property Montgomery County pay
the principal interest the Montgomery County Refund
ing Bonds of 1945 Series they respectively become due
and payable.
Under the provisions Chapter the Acts of
1915 and the Ordinance adopted by the County
the
1916 Handale Volunteer Fire Department Bonds shall be
paid the the collection of authorized
be by Chapter $40 of the of the General Assembly
Maryland passed Session. the described
therein provided however, that if the said shall
insufficient the County Commissioners Montgomery County
required levy ad vaorem all assessabe
ery in Montgomery County sufficient make up the de-
fcency
The bonds will be delivered to the purchaser within
reasonable time after the sale thereof at the office of the
County Commissioners of Montgomery County, Rockville Mary
land any Incorporated bank in the Cities
Baltimore, Maryland Washington, D. C, New York N w.
expense the purchaser If the purchaser shall specify
other delivery such delivery shall be at the expense
of the purchaser.
The legality of these approved by Mesrs
Miles, Barton Morrow Yost of Baltimore Maryland and the
approving opinions of this firm will be delivered request
the purchasers of the bonds, without charge.
Montgomery County, organized 1776 of approx
maey four hundred ninety miles of suburban and rural
property adjacent Washington D. c. The assessed valuation
of property for the levy 19451946 One Hundred Eighty
Hundred Seventy Thousand One Hundred
Fifty three Dollars $1S6279 159OO) which Hundred
Fiftyhve Million One Hundred Fortyeight Thousand -Four
Hundred Seventy Dollars ($15514S,470OO) consists of
real estate Population last United States Census was
1892 Present estimates exceed 100000 Net out
standing bonded debt including the above issues but excluding
bonds be refunded Nine Million Nine Hundred Forythree
Thousand Dollars ($9943000O0), which includes all school,
road election district and county bonds but does not
payable their
and does include anticipation other short
term notes. All bonded indebtedness consists of serial bonds
maturity provided for yearly No sinking funds maintained
The County has deauted debt If further details
they will be furnished upon communication with
the Clerk to the County Commissioners Rockville Maryland
ALFRED d. MOVES, President
WALTER P. JOHNSON,
WILLIAM H. PRESCOTT,
RICHARD H. LANSDALE
HARVEY j. WHITE,
County Commissioners of Montgomery County
j. FOREST WALKER Clerk. 765