824 DEBT——PUBLIC. [ART. 31

hundred and eleven at one cent on each one hundred dollars ($100)
of its assessable property, and annually thereafter, at one cent on each
one hundred dollars ($100) of its assessable property, to be collected
according to law, to meet the interest and create a sinking fund for
redemption of the "State Insane Hospital Loan," created under the
provisions of sections 14 to 19.

1910, ch. 250, sec. 7 (p. 237).

19. The treasurer of the State on the warrant of the comptroller,
shall pay the said sum or sums of money herein appropriated for the
objects and purposes herein specified, to or upon the order of the person
or persons, or body politic or corporate, to which they are respectively
entitled to receive, to wit: Springfield State Hospital at Sykesville, two
hundred and seventy thousand dollars ($270,000); Maryland Hospitai
for the Insane at Catonsville, eighty thousand dollars ($80,000); Mary-
land Asylum and Training School for Feeble-Minded at Owings Mills,
one hundred and fifty thousand dollars ($150,000), and the "Hospital
for the Negro Insane of Maryland," one hundred thousand dollars
($100,000).
This section is identical with art. 59, sec. 59.

1910, ch. 411, sec. 1 (p. 240).

20. For the purpose of erecting additional buildings, providing addi-
tional equipment, and for improving the grounds of the Maryland
Tuberculosis Sanatorium in Frederick county, a loan is hereby created,
to be called the "Sanatorium Loan," to the amount of one hundred
thousand dollars. The said loan hereby created shall in all its parts
bear date the first day of January, 1911, and shall bear interest at
the rate to be fixed by the governor, the comptroller of the treasury
and the treasurer of this State, or a majority of them, not to exceed
three and one-half per cent, per annum, payable on the first day of
July and January in each year, and the said loan and every part
thereof, and the interest payable thereon, shall be and remain exempt
from State, county and municipal taxation; and the principal amount
of said loan shall be redeemable fifteen years from the date thereof.

1910, ch. 411, sec. 2 (p. 240).

21. The governor, comptroller of the treasury and treasurer, or a
majority of them, are hereby authorized and directed to have prepared
proper certificates of indebtedness of the State, in good and sufficient
form, to aggregate in amount the sum of one hundred thousand dollars,
as evidence of such loan; such certificate of indebtedness shall each bear
date the first day of January, 1911, and shall not be issued in less sums
than one hundred dollars or some multiple thereof, except in cases where
the due execution of the provisions of sections 20 to 25 may require the
issue of a certificate or certificates of indebtedness expressing in part
a fraction or fractions of one hundred dollars; each of said certifi-
cates shall be signed by the treasurer of the State and countersigned