814 LAWS OF MARYLAND. [CH. 477

may be made registerable as to principal. Such bonds shall
be issued upon a twenty-year serial maturity plan and a
portion thereof shall be retired annually. Such bonds shall
be exempt from all State, County and municipal taxation and
shall have printed on them a distinct reference to the Act
authorizing their issuance.

SEC. 3. And be it further enacted, That such bonds shall
be signed by the Mayor of Frederick, countersigned by the
City Register, and the corporate seal of the city shall be at-
tached thereto by the clerk to the Aldermen, and the interest
coupons attached to each of such bonds shall bear the fac-
simile signature of the City Register printed, lithographed
or engraved thereon.

SEC. 4. And be it further enacted, That any bonds issued
under the provisions of this Act shall be issued and sold in
the manner prescribed by Sections 35 and 36 of Article 31
of the Annotated Code of Maryland (1939 Edition), and any
amendments thereto at such time or times as the Mayor and
Aldermen of Frederick may deem proper.

SEC. 5. And be it further enacted, That after the issuance
of such bonds authorized by this Act and until all the bonds
so issued have matured and been redeemed, the Mayor and
Aldermen of Frederick shall annually levy a special tax on
the assessable property of said City sufficient to pay the in-
terest on said bonds outstanding and the principal of bonds
maturing during the succeeding year. Said tax shall become
a lien upon the property assessed and shall be collected in the
same manner as other taxes.

SEC. 6. 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 having
been passed by a yea 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 April 16, 1947.

CHAPTER 477.
(House Bill 869)

AN ACT to repeal and re-enact, with amendments, Sub-sec-
tion (Frederick County) of Section 100 of Article 52 of the
Annotated Code of Maryland (1943 Supplement), as said