Section 39: Payment of loan
82 words·~1 min read·
/ma/part-i/title-xviii/chapter-126/39·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 39. The county commissioners, at the time of authorizing each loan, shall provide for the payment thereof in accordance with the preceding section; and a sum sufficient to pay the interest as it accrues and to make such payments on the principal as may be required under said section shall be levied annually thereafter, as a part of the county tax of the county, in the same manner as other county taxes, until the debt incurred by said loans is extinguished.