WASHINGTON COUNTY. 4819

lars, or as much thereof as may be necessary, upon the faith and credit of
Hagerstown, as hereinafter provided, and to issue and sell coupon bonds
to raise said sum of money, which issue of bonds shall be known and
designated as Series 2 of Park Bonds, and the money arising from the
sale of said bonds shall be applied and used exclusively for the purpose
of building, constructing and equipping a lake upon the lands within the
City Park belonging to the Mayor and Council of Hagerstown.*

1920, ch. 56, sec. 5.

426. The Park Commission of Hagerstown shall have power and
authority to adopt such rules and regulations governing the management

of said lake as it may deem necessary, and also the power to enter into

contract with persons or corporations, upon the approval of the Mayor
and Council of Hagerstown, for the purpose of raising revenue thereou,
and all such sums of money derived from such contract shall be placed in
the hands of the Tax Collector of Hagerstown and by him credited to the
Park Fund, the same to be paid out by him only on warrants signed by
the chairman of the Park Commission, attested by its secretary for the
purposes herein set forth.

1920, ch. 56, sec. 6.

427. To provide for the sum of money necessary to pay the costs and
expenses of conducting and operating said lake, in the event that the
revenues derived therefrom shall not be sufficient for said purposes, the
Mayor and Council of Hagerstown is hereby authorized and empowered
to levy annually on every one hundred dollars worth of assessable property
in Hagerstown an amount sufficient to meet such deficiency, and the sum
of money collected from said levy shall constitute a part of the aforemen-
tioned fund, to be known as the Park Fund, and to be applied to the pay-
ment of costs and expenses of conducting and operating said lake and to
and for no other purpose whatever. It is hereby expressly provided, how-
ever, that this levy shall never be made unless the revenues derived from
the operation of said lake shall prove inadequate to pay the necessary ex-
penses of the operation and maintenance of said lake.

1920, ch. 56, sec. 7.

428. If the revenues derived from the operation of said lake shall at
any time exceed the sum of money necessary to pay the costs and expenses
of operating and maintaining said lake and making reasonable repairs and
improvements thereto, the sum of money remaining on the first day of
April in the hands of the Park Commission shall be paid by it to the
Mayor and Council of Hagerstown, to be appropriated by said Mayor and
Council toward the payment of interest on said bonds issued under the
provisions of this Act, and for the redemption of said bonds when due
and payable, and when said bonds are paid they shall be forthwith can-
celled.

*The other sections of ch. 56, 1920, related to the issuing of the bonds and sub-
mitting the Act to the voters. The Act was approved when submitted.