WM. PRESTON LANE, JR., GOVERNOR. 497

Chapter 465 of the Laws of Maryland, 1945, to follow imme-
diately after Section 21, and to read as follows:

21A. The authority to construct roadbeds, sidewalks, curbs,
gutters, and street improvements, given in the foregoing sec-
tion, shall be deemed to include the authority to resurface or
to reconstruct such roadbeds, sidewalks, curbs, gutters, and
street improvements.

SEC. 2. And be it further enacted, That Section 23 of the
Charter of the Town of Landover Hills, enacted as Chapter
465 of the Laws of Maryland, 1945, be and it hereby is re-
pealed and re-enacted, with amendments, to read as follows:

23. To effectuate the improvements named in the preceding
sections, the Mayor and Town Council of Landover Hills are
hereby authorized and empowered to borrow from time to
time on the faith and credit of the town, a sum or sums of
money sufficient to pay the costs thereof, which shall not, how-
ever, exceed in amount at any one time the total sum of eight
per centum of the assessed valuation of all real and personal
property in the town appearing on the assessment books of
Prince George's County, Maryland; and to issue bonds or
certificates of indebtedness therefor, which shall be payable
within ten years from the date of issuance in twenty equal
semi-annual installments with interest not to exceed the rate
of six per centum per annum, payable semi-annually, unless
of shorter duration, then at the maturity of said obligation.
The funds derived from the sale of said bonds or certificates
of indebtedness shall be deposited by the Mayor and Town
Council of Landover Hill in some safe banking institution
in the State of Maryland, to be determined by them, and be
subject to withdrawal by the check of the Town Treasurer,
only when countersigned by the Mayor. Out of said funds
shall be paid only the proper expenses for the negotiation,
sale, and liquidation of said bonds or certificates of indebted-
ness, and for the planning and construction of the roadbeds,
sidewalks, curbs, gutters, and street improvements as pro-
vided for herein.

The Mayor and Town Council of Landover Hills is hereby
further authorized and empowered to borrow from time to
time on the faith and credit of the town, and under limitation
of eight percentum of the assessed valuation of real and per-
sonal property set forth herein, a sum or sums of money not
exceeding twenty-five thousand dollars ($25,000.00) unpaid
principal at any time for the purpose of paying for storm water
or surface drainage improvements. For this purpose, the
Mayor and Town Council may issue bonds or certificates of