502 LAWS OF MARYLAND. [CH. 267

SEC. 2. And be it further enacted, That this Act shall take
effect June 1, 1937.

Approved May 18, 1937.

CHAPTER 267.

AN ACT to repeal and re-enact with amendments Section 224
of Article 21 of the Code of Public Local Laws of Mary-
land, title "Talbot County", sub-title "Easton", as amended
by Chapter 476 of the Acts of the General Assembly of 1931,
and Chapter 493 of the Acts of 1933, to provide for payment
of operating profits from the municipal electric plant into
the general funds of Easton under certain circumstances.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Section 224 of Article 21 of the Code of Public Local
Laws of Maryland, title "Talbot County", sub-title "Easton",
as amended by Chapter 476 of the Acts of the General Assem-
bly of 1931, and Chapter 493 of the Acts of 1933, be, and the
same is hereby repealed and re-enacted, to read as follows:

224. The said Easton Utilities Commission shall be and is
hereby directed and required to apply all the water rents and
other revenues which may be derived from the water works and
the revenue from the sewers, electric plant, gas plant and any
other utility or utilities, if any there be, to pay the expenses of
properly keeping up and operating said systems or plants, re-
spectively, as directed by this Act, and shall, out of the gross
revenue of such of the said municipally owned revenue pro-
ducing utilities upon which there be a bonded indebtedness,
pay over to the Mayor and Council of Easton before the same
shall become due and payable such sum or sums as may, respec-
tively, be required for the payment of interest and for the
redemption of the bonds bearing against each system or utility,
which payments are to be continued through such period or
periods as there may be outstanding bonds bearing against
such system or utility; and if at any time the revenue shall be
insufficient, as may be determined by the said Easton Utilities
Commission, for conducting and operating the said water
works, sewerage system or electric plant, gas plant or other
utilities, then said Easton Utilities Commission shall have
authority and are hereby empowered to borrow for the utility
or utilities of which the revenues are insufficient from the
funds of any other utility having a surplus in hand and/or
to draft upon the Mayor and Council to meet such deficiency