WM. PRESTON LANE, JR., GOVERNOR. 727

SEC. 3. And lie 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. 4. And be it further enacted, That in order to provide
for the payment of the principal and interest of said bonds as
and when the same rsepectively mature and are payable, the
Town shall, in each year that any of said bonds are outstand-
ing, levy upon all property subject to assessment for taxation
within the corporate limits of the Town, ad valorem taxes
sufficient in rate and amount to provide the moneys necessary
to pay said principal and interest when due. Said taxes shall
be levied without regard to any limitations on the powers of
taxation of the Town and shall have the same priority and
lien and shall be levied and collected in the same manner as
other Town taxes and the payment thereof shall be enforced in
the same manner as payment of other Town taxes are enforced.

SEC. 5. And be it further enacted, That before borrowing
or contracting to borrow any funds or issue any bonds pur-
suant to the authority, hereof, the Town shall, by appropriate
resolution, submit to a referendum of the qualified voters
of the Town, the question whether or not the authority hereby
conferred shall be exercised. For the purpose of submitting
said question, the Town is hereby empowered to order a
special election at such time and place, within the corporate
limits of Hurlock, as said Town may by resolution determine.
Public notice of such special election shall be given by publi-
cation in at least one newspaper published in Dorchester
County, Maryland, in each of two successive weeks next pre-
ceding the date of such special election and by such other
notice as said Town by resolution may determine. The
method of selecting judges of election, the hours during which
voting shall be permitted, the qualifications of voters and the
returns from such election shall all be handled in accordance
with existing law governing the conduct of municipal elec-
tions in said Town. The notice of said referendum shall
clearly state that the voters are being called upon to deter-
mine whether or not the Town shall exercise the authority
conferred by this Act to incur indebtedness and issue bonds
for the purposes hereinabove described. The Town shall
have available for examination by interested voters at some
appropriate place printed copies of this Act at the time of the
first publication of such notice and until said referendum is
held. The ballots used at said referendum shall have printed