HARRY W. NICE, GOVERNOR. 571

centum of alcohol by volume, upon which the tax imposed by
this Article has been paid, and to import such beverages into
this State and to sell and deliver same in sealed packages or
containers at such prices as may be determined by the Liquor
Control Board, to all licensed dealers in Worcester County
who are authorized to sell or resell such beverages; and to sell
and ship outside of the State of Maryland such packages or
containers of alcoholic beverages if such shipment is not pro-
hibited by law applicable in the place where shipment is con-
signed; provided, however, that alcoholic beverages containing
less than fourteen per centum alcohol shall not be sold at
retail by any County Liquor Dispensary or branch dispensary;
provided further that the Liquor Control Board shall not sell
beer at a profit in excess of 10 cents per case or $1. 00 per
barrel.

(8) It shall be unlawful for any Liquor Dispensary or
branch dispensary in Worcester County to remain open or
sell any alcoholic beverages after the regular closing hours.

The Liquor Control Board shall keep accurate records of all
purchases of alcoholic beverages, which records shall be open
to inspection by the Comptroller or any of his Deputies during
all regular business hours, and shall also prepare and forward
to the Board of County Commissioners, a report for the
period ending on April 30th, in each year, which report shall
contain a full and complete statement of the business trans-
acted by the Board and the results of the operation of the
dispensaries or branch dispensaries established under the
authority of this section.

All net profits arising from the operation of said dispen-
saries shall be first applied towards the payment of any and
all sums advanced to or borrowed by the Liquor Control
Board. After such sums have been paid, the said Board shall
be authorized to create and maintain a reserve fund not to
exceed $5, 000. 00, to provide adequate working capital and to
meet any losses that may be sustained by the Board in the
operation of such dispensaries. Fifty per centum (50%) of
all net profits in excess of the above shall belong to and be paid
paid over to the County Commissioners of Worcester County
on or before June 1st, in each and every year, and the remain-
ing fifty per centum (50%) shall, on or before June 1st each
year, be paid to the Mayor and City Council of Berlin, Ocean
City, Pocomoke City and Snow Hill in proportion to the net
profits on total sales of the dispensaries in each of said towns.

The amounts paid to the Mayor and Council of Berlin,
Ocean City and Snow Hill shall be used for general municipal
purposes.

The amount paid to the Mayor and Council of Pocomoke
City shall be used to pay the interest and principal of bonds