Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1945-08-09
100000
,lunteer Fire Department Bonds
Dated September l, 1945l

1885, in sealed envelope addressed
to the County Commissioners Montgomery County
marked the outside Proposal Montgomery County
funding Bonds of 945 Series b. be accompanied by
certified check drawn to the order of the County
of Montgomery County for per (2 par
of the Issue to said County against any resulting
from the failure of the particular bidder comply
of his bid be allowed on the amount of
the deposit Checks deposited by bidders will be
returned to them when the bonds
bidder
Each bid for the 1915 Handale Volunteer Fire Department
Bonds be enclosed sealed envelope addressed to the
County Commissioners of Montgomery County marked
the outside Proposal for 1915 Handae Volunteer Fire
partment Bonds and must be accompanied certified check
drawn the order of the County Treasurer Montgomery
County for two cent eco of the value of the Issue
to said County against loss resulting from the failure
of the particular bidder to comply with the of his bid
No interest will be allowed the amount of the deposit
Checks deposited by bidders will be returned to
them when the bonds awarded
Bids for the two will be separately,
separate awards made
Accrued interest shall be adjusted to the of delivery of
the bonds and payment therefor.
The Montgomery County Refundng Bonds of 1896 Series
b. issued pursuant TO the authority Chapter Of
Acts of the General Assembly Maryland passed at its Jan
uary Session IN the of 1945 and the Handae
eer Fire Department Bonds issued the author
ty of Chapter 423 the General Assembly of Mary
land passed January in the year 1916 and each
Of said issues also issued with Ordinances duly
adopted by the County Commissioners of Montgomery County
The upon faith and credit Of the
County Commissioners of Montgomery County and said full
faith credit revocaby pledged for the payment
maturing principal and interest said existing
laws these bonds exempt from State county and municipal
taxation in the State of Maryland Under the provisions
said Chapter $50 of the Acts of 1916 the Ordinance adopted
by the County Commissioners Montgomery County provs
ion made for the levy of annual ad vaorem all
assessabe property Montgomery County sufficient pay
the principal and interest the Montgomery County
ing Bonds of 1945 Series they respectively become
and payable.
the provisions of said Chapter 42S of the Acts of
the the
Montgomery County, principal and interest the
Handae Volunteer Fire Department Bonds shall be
paid proceeds of the collection authorized to
be levied by Chapter $40 of the Acts of the General Assembly
Maryland passed the 194S Session. the described
therein provided however, that if said shall prove
insufficient the County Commissioners of Montgomery County
required levy ad assessable prop
erty Montgomery County sufficient make up the de-
fciency.
The bonds will delivered to the purchaser within
reasonable time after thereof the office of the
County Commissioners Montgomery County Rockville Mary
land any incorporated bank trust the Cities
Baltimore Maryland Washington d. c. New York. N "
expense the purchaser If the purchaser shall specify
any other place delivery such delivery shall be at the expense
of the purchaser
The legality of these will approved by Messrs
Miles, Barton Morrow Yos of Baltimore, Maryland and the
approving opinions of this firm will be delivered request
to the purchasers of the bonds, without charge.
Montgomery County organized 1876 approx
maey hundred ninety miles of suburban and rural
property adjacent Washington d. c. The assessed valuation
property 1916 1916 Hundred Eighty
six Million Two Hundred Seventy Thousand One Hundred
Fifythree Dollars (s1s6279153OO), of winch One Hundred
Ffty6ye Million One Hundred Fortyeght Thousand -Four
Hundred Seventy Dollars ($155484 7000) consists of
real estate Population last United States Census
1892. Present estimates exceed 10000. Net out
standing bonded debt including the above issues but excluding
bonds to be refunded Nine Million Nine Hundred
Thousand Dollars ($9943OO0OO which includes all school,
road election district and county bonds but does
include debts Of other subdivisions payable from their
and does not include anticipation other short
term notes All bonded indebtedness consists of serial bonds
maturity provided for yearly No sinking funds maintained
The County has defauted any debt If further details
they will be furnished upon with
the Clerk TO the County Commissioners, Rockville Maryland
ALFRED d. MOVES, President
WALTER =. JOHNSON,
WILLIAM H. PRESCOTT
RICHARD II. LANSDALE
HARVEY J. WHITE,
County Commissioners of Montgomery County
j. FOREST WALKER, Clerk 765