WM. PRESTON LANE, JR., GOVERNOR. 79

on the bonds or notes issued under this Act as such principal
and interest may become due and payable until all of the
bonds or notes shall mature and be paid. The "Town Drain-
age Tax" levied hereunder shall be a lien against the property
against which it is assessed and shall be collected in the same
manner as other Town taxes.

SEC. 5. And be it further enacted, That this Act is hereby
declared to be an emergency law and necessary for the imme-
diate preservation of the public health and safety, and being
passed by a year and nay vote, supported by three-fifths of
all the members elected to each of the two Houses of the
General Assembly of Maryland, the same shall take effect
from the date of its passage.

Approved November 10, 1947.

CHAPTER 25.
(Senate Bill 29)

AN ACT relating to the Board of Education of Anne Arundel
County; authorizing and empowering said Board, from
time to time, to borrow money in order to finance the con-
struction, improvement or extension of public schools as
herein defined, or in order to fund notes issued for that pur-
pose, and to effect such borrowing. by the issuance and sale
to the highest bidder or bidders at public sale of its bonds
upon its full faith and credit and upon the full faith and
credit of the County Commissioners of Anne Arundel
County, subject to the limitation that the total debt which
may be incurred hereunder and under Chapter 434 of the
Acts of the General Assembly of Maryland, passed at its
January Session in the year 1947, shall not exceed Seven
Million Dollars ($7, 000, 000. 00) in the aggregate; empower-
ing said Board to fix and determine, by resolution, the form,
tenor, interest rate or method of arriving at the same, terms,
including redemption and registration provisions, condi-
tions, maturities, and all other details incident or necessary
to the issuance, public sale and delivery of said bonds,
without reference to any other law heretofore enacted; pre-
scribing the method and manner of selling said bonds at
public sale; empowering said Board, subject to certain
limitations, to sell said bonds at, above or below the par
value thereof; empowering said Board to refund any of
said bonds purchased or redeemed in advance of maturity;
empowering and directing said Board and said County to
apply to the payment of principal and interest of said bonds
and said refunding bonds any funds received from the State