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Maryland Manual, 1959-60
Volume 168, Page 448   View pdf image (33K)
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448 MARYLAND MANUAL [Art. 8, Sec. 34]

the sale of real estate, belonging to minors, or other persons
laboring under legal disabilities, by executors, administra-
tors, guardians or trustees; giving effect to informal, or in-
valid deeds or wills; refunding money paid into the State
Treasury, or releasing persons from their debts, or obliga-
tions to the State, unless recommended by the Governor, or
officers of the Treasury Department. And the General As-
sembly shall pass no special Law, for any case, for which
provision has been made by an existing General Law. The
General Assembly, at its first Session after the adoption
of this Constitution, shall pass General Laws, providing for
the cases enumerated in this section, which are not already
adequately provided for, and for all other cases, where a
General Law can be made applicable.

SEC. 34. No debt shall be hereafter contracted by the
General Assembly unless such debt shall be authorized by
a law providing for the collection of an annual tax or
taxes sufficient to pay the interest on such debt as it falls
due, and also to discharge the principal thereof within
fifteen years from the time of contracting the same; and
the taxes laid for this purpose shall not be repealed or ap-
plied to any other object until the said debt and interest
thereon shall be fully discharged. The credit of the State
shall not in any manner be given, or loaned to, or in aid of
any individual association or corporation; nor shall the
General Assembly have the power in any mode to involve
the State in the construction of works of internal improve-
ment, nor in granting any aid thereto which shall involve
the faith or credit of the State; nor make any appropriation
therefor, except in aid of the Construction of works of in-
ternal improvements in the counties of St. Mary's, Charles
and Calvert, which have had no direct advantage from such
works as have been heretofore aided by the State; and pro-
vided that such aid, advances or appropriations shall not
exceed in the aggregate the sum of five hundred thousand
dollars. And they shall not use or appropriate the proceeds
of the internal improvement companies, or of the State tax,
now levied, or which may hereafter be levied, to pay off the
public debt (or) (1) to any other purpose until the interest
and debt are fully paid or the sinking fund shall be equal
to the amount of the outstanding debt; but the General As-
sembly may, without laying a tax, borrow an amount never
to exceed fifty thousand dollars to meet temporary defici-
encies in the Treasury, and may contract debts to any
amount that may be necessary for the defence of the State.
And provided further that nothing in this section shall be

i Written thus in Chapter 327, Acts of 1924.

 

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Maryland Manual, 1959-60
Volume 168, Page 448   View pdf image (33K)
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