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Sec. 54. No County of this State shall contract any
debt, or obligation, in the construction of any Railroad,
Canal, or other Work of Internal Improvement, nor
give, or loan its credit to or in aid of any association,
or corporation, unless authorized by an Act of the Gen-
eral Assembly, which shall be published for two months
before the next election for members of the House of
Delegates in the newspapers published in, such County,
and shall also be approved by a majority of all the
members elected to each House of the General As-
sembly, at its next session after said election.
Baltimore & Brum Point Railroad Company v. Pumphrey, 74
Md. S6. Baltimore & Eastern Shore R. Co. v. Spring, So Md.
,510.
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Counties for-
bidden to
contract
debts with-
out author-
ity.
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Sec. 57. The Legal rate of Interest shall be six per
cent. per annum, unless otherwise provided by the Gen-
eral Assembly.
Bandel v. Isaac, 13 Md. 202. Birmingham v. Md. Land and
Perm. Homestead Association of .Balto. Co., 45 Md. 541. Cit-
izens' Land Co. v. Uhler, 48 Md. 455.
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interest.
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Sec. 59. The office of "State Pension Commissioner"
is hereby abolished; and the Legislature shall pass no
law creating such office, or establishing any general
pension system within this State.
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Pension sys-
tem abolish-
ed.
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