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912.2 Act of the Massachusetts legislature "To authorize the Town of Lexington to refund a portion of its debt," January 1896
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912.2 Act of the Massachusetts legislature "To authorize the Town of Lexington to refund a portion of its debt," January 1896
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912.2 Act of the Massachusetts legislature "To authorize the Town of Lexington to refund a portion of its debt," January 1896
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i' <br /> 2 TOWN OF LEXINGTON. [Jan. '96. <br /> 12 from the date of issue, and shall bear interest at a rate <br /> 13 not exceeding six per cent. per annum. They shall be <br /> 14 signed by the treasurer and countersigned by the select- <br /> 15 men of the town and may be sold or negotiated at public <br /> 16 or private sale upon such terms and conditions and in <br /> 17 such manner as said town may deem proper. <br /> y <br /> 1 SECT. 2. For the purpose of providing for the pay- <br /> 2 ment of said bonds said town shall not be required to <br /> 3 establish a sinking fund under the provisions of chapter <br /> 4 twenty-nine of the public statutes, but instead thereof <br /> 5 shall raise by taxation each year in which any of said <br /> 6 bonds are to become due a sufficient amount to meet the <br /> 7 payment thereof and appropriate the same for that <br /> 8 purpose. <br /> 1 SECT. 3. This act shall take effect upon its passage. <br />
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