網頁圖片
PDF
ePub 版

OF THE LEVY COURT.

CHAPTER 50.

OF THE LEVY COURT.

AN ACT to amend Chapter 22, Volume 21, of the Laws of Delaware,

providing for payment of expenses for certain services of Levy Court Commissioners of Kent County in certain instances.

Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met:

Section 1. That Section 5 of Chapter 22, Volume 21, Chap. 22.dol. Laws of Delaware, be, and the same is hereby amended by inserting after the word “Treasurer”, where it appears in the forty-ninth line of said Section and before the word “that”, where it appears in the forty-ninth line of the said Section, the following to wit:

of

“Except, however, that the said Levy Court Commis- Actual expensioners shall be paid by the Levy Court of Kent County members of the actual expenses incurred by them for committee and Kent County inspection work performed by them outside of the Representative District from which they were elected.”

Approved March 26, A. D. 1913.

OF THE LEVY COURT.

CHAPTER 51.

OF THE LEVY COURT.

AN ACT to authorize the Levy Court of Sussex County to borrow

not more than thirty thousand dollars to be expended in the construction of two draw bridges over the proposed canal connecting Rehoboth Bay and Delaware Bay.

Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met:

Levy Court of
Sussex county

,

to construct drawbridges across canal

Location of bridges

Section 1. That the Levy Court of Sussex County be empowered to and is hereby authorized and empowered to borrow upon

the faith and credit of said County, as hereinafter provided, a sum not exceeding thirty thousand dollars, to be expended in the construction of two draw bridges across the proposed canal connecting the Rehoboth Bay and Delaware Bay; one of said bridges to be erected across said canal where said canal shall cross South Street in the town of Lewes, and the other across said proposed canal near Rehoboth at or near the point where Delaware, Maryland and Virginia Railroad crosses said canal; and with respect to said last mentioned bridge, the Levy Court of Sussex County is hereby authorized to appropriate and expend a necessary amount of the said sum of Thir

ty Thousand Dollars in the construction of either a sepStyle of bridge arate draw bridge for the use of the traveling public, or,

for the construction of a combination draw bridge to be used jointly by Delaware, Maryland, and Virginia Railroad Company and the traveling public; and the said

Levy Court of Sussex County is hereby authorized to Levy Courto enter into proper and necessary contracts and agree. authorized to ments either with Delaware, Maryland and Virginia Rail

road Company or with the United States respecting the construction of said combination bridge, should said Levy

enter into contracts &c.

OF THE LEVY COURT.

Court deem a combination bridge more beneficial to the interest of the public, and for its maintenance, management, and control.

The bridges hereby authorized shall be draw bridges and shall be constructed in conformity with the regulations and specifications of the war department of the United States.

For the purpose of securing the payment of the said sum of Thirty Thousand Dollars, the Levy Court of Sussex County is hereby authorized to issue bonds in the denomination of Five Hundred Dollars, which bonds shall bear interest at a rate not exceeding four and one half Rate of interper centum per annum as said Levy Court may deem expedient.

Section 2. Said bonds shall be divided into twenty Classes of classes and shall be paid at their face value as follows:

bonds and years of maturity

Class

A.
B.
C.
D.
E.
F.
G.
H.
I.
J.
K.
L.
M.
N.
0.
P.

Amount.
$1,500.00

$1,500.00
-$1,500.00

$1,500.00__
-$1,500.00_
$1,500.00----

$1,500.00----
$1,500.00---
$1,500.00
$1,500.00
$1,500.00__
$1,500.00
$1,500.00----
$1,500.00 ---
$1,500.00
$1,500.00

Year of Maturity.

1918 1919 1920 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933

OF THE LEVY COURT.

1934

Q.
R.
S.
T.

$1,500.00 --
_$1,500.00
_$1,500.00
$1,500.00

1935 1936 1937

Bonds may be

Said bonds may at the option of the Levy Court conredeened by tain a provision for the redemption thereof by the Levy after five years Court at any time after the expiration of five years from

the date thereof, at a premium not to exceed five per cent. The said bonds shall be exempt from taxation for State, County or municipal purposes.

Section 3. Said bonds shall be prepared under the supervision of the Levy Court Commissioners and shall be signed by the County Treasurer, the President of the Levy Court and the Clerk of the Peace of Sussex County, and shall be under the seal used by the Levy Court of Sussex County. It shall be the duty of such officers to

execute said bonds when directed by the Levy Court to Record to be

do so, and it shall be the duty of the County Treasurer kept of bonds and the Levy Court to keep a record of said bonds.

Signatures on bonds

Section 4. Said bonds, or any part thereof, may be sold when and as the said Levy Court Commissioners, by resolution shall determine, and until sold shall remain in

custody of the County Treasurer. Whenever in the judg. Te be sold on resolutions of ment of the Levy Court Commissioners it shall be deemSussex County ed desirable that any part or all of said bonds shall be

sold, said Levy Court Commissioners may sell and dispose of the same on the most advantageous terms possi. ble after having advertised the same in the public press at least once each week for at least two weeks. No com

mission or other compensation shall be charged or paid Advertisement

to any member of the Levy Court, or to said officers executing said bonds, for effecting the sale and negotiation of said bonds or the proper execution of the same.

for sale of bonus

OF THE LEVY COURT.

Section 5. Said bonds, principal and interest shall be Principal and payable at the Farmers Bank at Georgetown, Delaware, able at Farmin gold coin of the United States of America equal in Georgetown weight and fineness to the present standard, out of the money from time to time appropriated for that purpose by the Levy Court of Sussex County as hereinafter provided; and the said Levy Court is hereby authorized and directed to pay the interest on said bonds to the said Farmers Bank when the same shall fall due and to pay bayan Cerest. said bonds when and as the respective classes mature, in Farmer Bank accordance with the foregoing schedule. The said Levy Court in fixing the rate of taxation shall annually, until the first installment of said bonds shall become due and payable, provide for a sum equal to the amount of interest due each year upon said bonds, and as and when said To provide for bonds shall become due and payable, shall in like manner then the rest provide for a sum equal to the amount of such bonds in tax rate addition to the amount necessary to pay the interest on the unpaid bonds as before provided, which shall when collected and paid to the County Treasurer, be set apart by him in a separate account to be opened for that purpose; and the said County Treasurer shall apply the said sum annually to the payment of such part of said loan and interest thereon as may from time to time become due under the provisions of Section 2 of this Act.

ber of bonds.

Section 6. All of said bonds shall bear the same date Date and numand shall be numbered serially. All money received from the sale of any or all of said bonds, after the payment of the charges and expenses connected with the preparation and sale thereof, shall be deposited by the County Treasurer at the Farmers Bank at Georgetown to the credit of the Levy Court of Sussex County, in a separate account, All money de and payments therefrom shall be made in the same man- to be deposited ner as other payments by said Levy Court; provided that no part of the money thus obtained, except as in this section provided shall be used for any other purpose than

« 上一頁繼續 »