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Session Laws, 1947
Volume 411, Page 1026   View pdf image (33K)
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1026 LAWS OF MARYLAND. [CH. 502

(3) years from the last day of the year of collection, the
unspent portion of such year's deduction shall revert to
the State as part of its general funds, and shall be paid
over promptly by the Commission to the Comptroller.
Provided, however, that due to the present war emer-
gency, such deductions of any licensee for the calendar
years 1944, 1945 and 1946 may be expended or binding
commitments entered into for its expenditure at any time
prior to December 31, 1950.

Notwithstanding anything contained in this section to
the contrary, the deductions made by the Maryland
Jockey Club at the joint meetings held at Pim-
lico during the year 1944, for which it held a license, and
the deductions made by the Maryland State Fair at the
joint meeting in 1944, for which it held a license, shall
be considered and treated for the purposes of this
Section, as having been made, as agents of the Commis-
sion, one-fourth by the Maryland Jockey Club, one-fourth
by the Maryland State Fair, one-fourth by the Southern
Maryland Agricultural Association, and one-fourth by the
Harford Agricultural and Breeders Association; and the
Racing Fund, as constituted on May 4th, 1945, shall be sub-
ject to expenditure by each of said four Racing Organiza-
tions, equally, in the manner and to the extent hereinabove
set forth, and, for the purposes of this Section, each shall be
considered as having deducted from the mutual pool one-
fourth of said Racing Fund as so constituted as agents
aforesaid. If, hereafter, the Commission shall issue a
license for the conduct of racing to one of the said four
Racing Organizations, for the purpose of enabling a joint
meeting to be held in which one or more of the others of
the above-mentioned Racing Organizations participate, the
deductions made by the licensee of said meeting shall be
considered and treated as having been made, for the pur-
poses of this Section, by each of said Racing Or-
ganizations participating in said meeting, as agents afore-
said, in the proportion in which it shared the profits and
losses of that particular meeting, and such deductions shall
be subject to expenditure from the Racing Fund by the
Racing Organization considered and treated herein as hav-
ing made such deduction, in the manner and to the extent
hereinabove set forth.

14. In addition to licensing racing, as hereinbefore pro-
vided, the Racing Commission is authorized to issue li-
censes to the following organizations: Agricultural and
Mechanical Association of Washington County, Cumber-
land Fair Association, Inc., Pocomoke Agricultural Fair

 

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Session Laws, 1947
Volume 411, Page 1026   View pdf image (33K)
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