BALTIMORE COUNTY. 647

necessary or desirable by the County Commissioners of Baltimore County

shall be levied by said County Commissioners each year on the property
so benefited until said certificates and the interest thereon are paid; said
taxes so to be assessed and levied to be a lien upon the property of the
person so assessed and to be collected as county taxes are now collected by
law. In case the property benefited by any such system is insufficient to
pay said certificates as they mature or the interest thereon as the same
becomes payable, said County Commissioners shall annually levy a tax
upon the assessable property of Baltimore County sufficient to pay and
redeem said certificates as they mature and sufficient to pay the interest
thereon as the same may become due and payable. And all assessments of
benefits on the properties benefited by any such sewer system shall be
applied by said County Commissioners in payment of the certificates
(principal and interest) sold to build such system and for no other pur-
pose.

1924, ch. 45. B. Co. C. (1928), sec. 372.

372. For the purpose of providing additional funds to pay the expense
of the completion of the sewer system in the Towson Sewerage Area, and
to provide for the extension of said sewer system and the enlargement of
said Towson Sewerage Area, the County Commissioners of Baltimore
County are hereby authorized, empowered and directed to borrow a sum

of money not to exceed one hundred thousand dollars ($100,000) on the
faith and credit of Baltimore County, or so much thereof as may be neces-
sary to pay the expense of completion of said sewer system and to provide
for the extension of said sewer system from time to time, and to issue and

sell certificates of indebtedness of Baltimore County as evidence of such
loan, said certificates to be in good and sufficient form and to be in de-
nominations of five hundred dollars ($500.00) and multiples thereof, and
to be dated to mature at such time or times and in such amounts and to
bear such rate of interest, payable at such times or times as the County
Commissioners of Baltimore County may determine, said certificates to be
signed by the President of the County Commissioners of Baltimore Coun-
ty, and by the Treasurer of Baltimore County, and to have the corporate
seal of Baltimore County affixed thereto. This loan shall be designated as
part of "The First Sewerage Loan of Baltimore County, Maryland," and
said loan and the interest payable thereon shall be and remain exempt
from State, County and municipal taxes.

1924, ch. 45. B. Co. C. (1928), sec. 372A.

372A. For the purpose of paying said certificates of indebtedness when
and as they mature, and for the purpose of paying the interest thereon
when and as the same becomes due, a tax of one per cent, of the assessed
value of all property benefited by the Towson Sewer System within the
Towson Sewerage Area as it now exists, or as it is from time to time here-
after enlarged, or so much of one per cent, as may be deemed necessary or
desirable by the County Commissioners of Baltimore County, shall be