420 LAWS OF MARYLAND [CH. 92

including those heretofore issued, shall be forever exempt
from taxation by the State of Maryland and by the counties
and municipalities in said State.

They shall be issued under the hand and seal of said Com-
mission and shall be guaranteed as to payment of principal
and interest by the County Council or the County Commis-
sioners of both Montgomery and Prince George's Counties,
which guaranty shall be endorsed on each of said bonds in the
following language: "The payment of interest when due and
the principal at maturity is guaranteed by Montgomery and
Prince George's Counties, Maryland." The bonds of the Sani-
tary Commission shall be signed by the Chairman and the
Secretary-Treasurer of the Commission or, if the Commission
shall so provide, by any two of its members and the official
seal of the Commission shall be impressed upon the bonds.
Said guaranty or endorsement by the County Council or the
County Commissioners shall be signed on each of said bonds
on behalf of each County by the Secretary or Clerk of the
County Council or the Board of County Commissioners or by
any officer designated for such purposp by the County Council
or the Board of County Commissioners, within twenty days
after the bonds are presented by said Commission for the
signing of such endorsement. In the event of any liability
under the above guaranty, such liability for each county shall
be in such proportion as the assessable basis of that part of
either county within the Sanitary District bears to the assess-
able basis of the whole of said District.

The County Council of Montgomery County or the Board of
County Commissioners of Prince George's County may at any
time in person or by either of their duly authorized agents
audit and examine the books and records of the said Com-
mission. Provided, however, that such audit or examination
shall be without cost to said Commission.

SEC. 2. And be it further enacted, That Chapter 541 of the
Acts of the General Assembly of 1949 be and the same is
hereby repealed.

SEC. 3. And be it further enacted, That this Act is hereby
declared to be an emergency measure and necessary for the
immediate preservation of the public health and safety, and
having been passed by a yea and nay vote, supported by three-
fifths of all of the members elected to each of the two Houses
of the General Assembly of Maryland, the same shall take
effect from the date of its passage.

Approved March 28, 1950.