WM. PRESTON LANE, JR., GOVERNOR.

ditions upon which any bonds which may become mutilated,
destroyed or lost after issuance thereof may be replaced.

SEC. 3. And be it further enacted, That any money bor-
rowed, or the proceeds of any bonds issued hereunder, pur-
suant to the authority hereof, shall be paid to the Clerk and
Treasurer of the City of Takoma Park, who shall disburse
the same only for the purpose of paying for the capital im-
provements defined in Section 1 hereof upon vouchers ap-
proved by the Mayor and Council of the City of Takoma
Park at any regular or special meeting of said Mayor or
Council.

SEC. 4. And be it further enacted, That the bonds hereby
authorized to be issued, and the interest paid thereon, in
the hands of the persons entitled thereto, from time to time,
shall be and remain exempt from all State, county and
municipal taxation of any kind and nature whatsoever in
the State of Maryland.

SEC. 5. And be it further enacted, That in order to pro-
vide for the payment of the principal and interest of any
bonds issued by the City hereunder as and when said principal
and interest, respectively, mature and are payable, the City
shall levy upon all property subject to assessment for taxa-
tion within its corporate limits, ad valorum taxes sufficient
in rate and amount to provide the money necessary to pay the
principal and interest when due on any of the outstanding
bonds authorized hereby. Said taxes shall be levied without
regard to any limitations on the powers of taxation of the
City and shall have the same priority of lien, and shall: be
levied and collected in the same manner as other City taxes
are levied and collected, and the payment thereof shall be
enforced in the same manner as payment of other City taxes.

SEC. 6. And be it further enacted, That the Mayor and
Council of the City of Takoma Park, may, by one ordinance,
submit the whole of this loan to the voters possessing the
qualifications of voters in State and County elections, at one
time, or it may, by one or more separate ordinances, submit
a part of said loan to the qualified voters of the City at
different times, provided, however, that no such debt shall be
incurred except as follows: The Council shall, by ordinance
passed by yeas and nays, specify the particular purpose or
purposes for which the indebtedness is to be created, the
amount, the rate of interest and the manner of payment; they
shall then provide in said ordinance for submitting the ques-
tion of the creation of such debt to the voters as hereinabove
provided at a special municipal election to be called by the
Council for that purpose, notice of which shall be published
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