Chap. 6.—An AcT to Authorize the Common Council of the Corpora-
tion of Winchester to Borrow Money.

Approved January 20, 1874.

1. Be it enacted by the general assembly, That the com-
mon council of the corporation of Winchester, in the county
of Frederick, be and is hereby authorized to borrow a sum or
sums of money, not to exceed in the aggregate the sum of fif-
teen thousand dollars, and at a rate of interest not to exceed
eight per centum per annum, the sum orsums 80 borrowed to be
used exclusively in the payment of debts, now owing by said
corporation which have already fallen due, and those that
may fall due previous to January first, eighteen hundred and
seventy-five. That for the sum or sums so borrowed, the
said common council be and is hereby authorized to issue
registered or coupon bonds or both in the name of the mayor
and commonalty of the town of Winchester, to be signed by
such officer or officers of said corporation as the ordinance or
ordinances of the council authorizing the loan or loans may
prescribe.

2. The principal of said bonds shall fall due within thirty- 5
one years from their respective dates, and the interest shall y
be payable either annually or semi-annually. )

3. This act shall be in force from its passage.