CHAPTER 63 - APPROPRIATION FOR THE PAYMENT OF CERTAIN SCHOOL BONDS

AN ACT MAKING APPROPRIATIONS FOR THE PAYMENT OF CERTAIN SCHOOL BONDS MATURING DURING THE FISCAL YEARS BEGINNING JULY 1, 1937, AND ENDING JUNE 30, 1939.

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

Section 1. That there is hereby appropriated, out of any monies in the State Treasury to the credit of the School Fund not otherwise appropriated, the sum of One Hundred Thirty-nine Thousand Nine Hundred and Thirty-two Dollars ($139,932.00), or so much thereof as may be necessary, for the purpose of paying the principal of certain school bonds issued by certain of the School Districts and Special School Districts of this State, and maturing during the fiscal year beginning July 1, 1937, and ending June 30, 1938; and there is hereby further appropriated, out of any monies in the State Treasury to the credit of the School Fund not otherwise appropriated, the sum of One Hundred Twenty-four Thousand Nine Hundred Thirty-two Dollars 0124,932.00), or so much thereof as may be necessary, for the purpose of paying the principal of certain school bonds, issued by such School Districts or Special School Districts and maturing during the fiscal year beginning July 1, 1938, and ending June 30, 1939.

Section 2. The names of said School Districts and Special School Districts and the respective amounts of the bonds maturing during said two fiscal years respectively, referred to in Section 1 of this Act, for which said monies are appropriated, are as follows:

Name of School

District or Special

School District

Year of

Issue

Amount of principal of bonds maturing during fiscal year beginning July 1, 1937 and ending June 30, 1938

Amount of principal of bonds maturing during fiscal year beginning July 1, 1938 and ending June 30, 1939

NEW CASTLE COUNTY

Arden

1924

$ 500.00

$ 500.00

Christiana

1934

1,000.00

1,000.00

Claymont

1922

11,000.00

11,000.00

Claymont

1928

4,000.00

4,000.00

Delaware City

1929

1,000.00

1,000.00

Eden

1934

500.00

500.00

Hockessin

1931

1,000.00

1,000.00

Marshallton

1931

1,000.00

1,000.00

Middletown

1928

2,832.00

2,832.00

Mt. Pleasant No. 2

1931

3,000.00

3,000.00

Newark

1923

6,000.00

6,000.00

New Castle

1928

2,000.00

2,000.00

Newport

1932

1,000.00

1,000.00

Oak Grove No. 130

1927

1,800.00

1,800.00

Odessa

1934

1,000.00

1,000.00

Richardson Park

1924

3,400.00

3,400.00

Rose Hill

1928

1,000.00

1,000.00

Stanton

1928

1,000.00

1,000.00

Townsend

1932

1,000.00

1,000.00

Yorklyn

1931

1,000.00

1,000.00

KENT COUNTY

Caesar Rodney

1916

1,000.00

1,000.00

Caesar Rodney

1929

1,500.00

1,500.00

Clayton

1929

1,000.00

1,000.00

Dover

1923

8,000.00

8,000.00

Dover

1925

1,000.00

1,000.00

Farmington

1929

300.00

300.00

Felton

1928

1,000.00

1,000.00

Frederica

1930

1,000.00

1,000.00

Harrington

1911

2,000.00

2,000.00

Harrington

1928

500.00

500.00

Harrington

1933

1,000.00

1,000.00

Kenton

1932

500.00

500.00

Leipsic

1929

200.00

200.00

Magnolia

1934

500.00

500.00

Milford

1928

3,000.00

3,000.00

Smyrna

1929

2,500.00

2,500.00

SUSSEX COUNTY

 

Bridgeville

1929

2,000.00

2,000.00

Delmar

1927

1,000.00

1,000.00

Delmar

1934

1,000.00

1,000.00

Ellendale

1928

1,000.00

1,000.00

Georgetown

1928

3,000.00

3,000.00

Georgetown

1934

1,000.00

1,000.00

Greenwood

1930

1,000.00

1,000.00

Gumboro

1927

500.00

500.00

John M. Clayton (Frankford-Dagsboro Consolidation)

1931

1,000.00

1,000.00

Laurel

1927

2,000.00

2,000.00

Lewes

1922

2,000.00

2,000.00

Lincoln

1930

700.00

700.00

Lord Baltimore

1931

2,000.00

2,000.00

Millsboro

1927

1,000.00

1,000.00

Milton

1931

2,500.00

2,500.00

Rehoboth

1924

500.00

500.00

Roxana

1934

400.00

400.00

Selbyville

1926

--------

-------

Selbyville

1931

2,000.00

2,000.00

Sycamore

1934

300.00

300.00

Wilmington

1915

15,000.00

(None)

Wilmington

1924

30,000.00

30,000.00

Wilmington

1925

(None)

(None)

Total

 

$139,932.00

$124,932.00

Section 3. The State Treasurer is hereby authorized and directed to pay the several sums hereby appropriated to the holders of bonds described in Section 2 hereof when and as the same shall fall due within the respective fiscal years referred to, upon presentation to him of said bonds.

Section 4. No part of the monies hereby appropriated shall be used for the payment of any interest of any of said bonds, or for any purpose other than the payment of the principal, of the bonds listed and described in Section 2 of this Act.

Section 5. The several Boards of Education and other taxing bodies, if any, of the several School Districts and Special School Districts listed in Section 2 of this Act are hereby expressly relieved from the duty of levying and collecting any taxes for the purpose of paying the principal amount of the said bonds listed and described in Section 2 of this Act; and no such tax shall be levied or collected for the purpose of paying the principal of the bonds mentioned and described in said Section 2 during the two fiscal years aforesaid; provided that nothing herein contained shall be construed as relieving said School Districts or Special School Districts of the payment of interest upon said bonds.

Approved April 12, 1937.