WM. PRESTON LANE, JR., GOVERNOR. 87
CHAPTER 27.
(Senate Bill 31)

AN ACT to repeal Chapter 19 of the Special 1936 Session
of the General Assembly of Maryland and to authorize the
County Commissioners of Allegany County, Maryland, to
borrow money and to issue therefor coupon bonds, to be
known as ''Allegany County Flood Protection Bonds", in
an amount not exceeding $1, 000, 000. 00, and to provide for
the payment of the interest thereon and the principal
thereof at maturity; and to provide for the use of the
proceeds from the sale of said bonds by paying all or
any part of said proceeds over to the Mayor and City
Council of Cumberland, Maryland, to be used by it for
the acquisition of land and the construction of any and
all works needed or necessary for flood protection in and
around the City of Cumberland and particularly for the
control of the flood waters in Wills Creek and the Potomac
River in said Allegany County, Maryland, near their junc-
tion.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That The County Commissioners of Allegany County,
a body corporate of the State of Maryland, is hereby author-
ized and empowered at any time hereafter to borrow money
upon the faith and credit of Allegany County, to an amount
not exceeding $1, 000, 000. 00, and to use all or part of said
sum of money by paying it over to the Mayor and City
Council of Cumberland, Maryland, a municipal corporation,
in such amounts and at such times as the Board of County
Commissioners in their discretion may deem advisable, to
be used by said Cumberland municipal corporation for the
purpose of acquiring land and constructing such works of
any kind or character, within or without the City Limits,
or within or without the State of Maryland, as may be neces-
sary to protect the inhabitants of Allegany County, Mary-
land, from floods occuring in Wills Creek. or the Potomac
River, and for the payment of expenses incident to carrying
out said work; and, for the purposes specified in this Act,
to issue and sell coupon bonds not in excess of $1, 000, 000. 00,
bearing interest not to exceed 3% per annum, which shall
be free of all State, County and municipal taxes.

SEC. 2. And be it further enacted. (A) The Board of
County Commissioners of Allegany County shall, by resolu-
tion, prescribe the form and tenor of such bonds; the date
of issue; and the time and place at which interest is to be
paid. The said bonds shall be in coupon form in denomina-
tions of One Hundred Dollars ($100. 00) or any multiple