HARRY W. NICE, GOVERNOR. 503

and said Mayor and Council shall honor the same out of any
funds in their hands unappropriated to special purposes, and
should the Mayor and Council not have the necessary funds
or provision therefor to meet such drafts, then the Mayor and
Council are authorized and empowered to borrow on the faith
and credit of the town or raise by special tax the funds neces-
sary to meet the deficiency. The said Easton Utilities Com-
mission shall be and they are hereby further directed and re-
quired to so revise from time to time the rates, or the rate
schedule, so far as may be found practical, that the gross
revenue from each of the municipally owned revenue pro-
ducing utilities, except the sewerage system, will be adequate
for the cost and the expenses of properly keeping up, operating
and providing for the indicated normal increase in demand, of
the said utility, and to repay with interest, within a period of
five years any amount that may be advanced or may have been
heretofore advanced by the Mayor and Council, or advanced
from the funds of any other utility, for the purpose of meeting
a deficiency as above outlined; and to provide for an annual
return to the Mayor and Council, a sum equal to five per
centum of the invested capital in the electric department of
said utilities; and said Commission shall likewise so revise
from time to time the rates, or the rate schedule, of each of
the municipally owned utilities that funds will not accumu-
late beyond the reasonable requirements of properly keeping
up, operating and providing for the indicated normal increase
in demand of the said utility; and the payment of the annual
return to the Mayor and Council of Easton, of five per centum
on the invested capital in the electric department, as afore-
said, which said sum shall be paid into the general funds of
the Mayor and Council of Easton on or before the 31st day of
December, of each year, beginning December 31, 1933; the said
payment to be calculated upon the sum of f 225, 000, which sum
shall be deducted from the accumulated net gain of the electric
department, now amounting to $247, 263. 49, as shown on the
audit of said Utilities Commission for the year ending Decem-
ber, 1932, duly filed among the records of the Public Service
Commission, and set upon the books of the said Utilities Com-
mission as "Invested Capital"; and the sum remaining of the
said net gain in the amount of f 22, 263. 49 shall be carried upon
the books of said Utilities Commission in an account to be
known as "Reserve for the Payment of Interest on Invested
Capital", and to this account each year shall be added the
operating profits that may accrue to the electric department,
and from it shall be deducted the operating losses should any
occur in said department, and the annual payment to the
general funds of the Mayor and Council of Easton in the
amount of $11, 250, provided, however, that at the end of each