HARRY W. NICE, GOVERNOR. 603

issued under the provisions of this section. The term "capi-
ital stock" as used in this Article shall mean the amount of
common stock plus the amount of preferred stock outstanding.

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

Approved May 18, 1937.

CHAPTER 313.

AN ACT to add a new section to Article 89B of the Annotated
Code of Maryland (1935 Supplement), title "State Roads
Commission", said new section to be known as Section
7AC and to follow immediately after Section 7AB of said
Article, authorizing and directing the State Roads Com-
mission to pay a certain portion of the gasoline tax to the
Mayor, Counselor and Aldermen of the City of Annapolis
out of Anne Arundel County's share of said tax.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That a new section be and it is hereby added to Article
89B of the Annotated Code of Maryland (1935 Supplement),
title "State Roads Commission", said new section to be known
as Section 7AC, to follow immediately after Section 7AB of
said Article, and to read as follows:

7AC. The State Roads Commission of Maryland is hereby
authorized and directed to pay to the Mayor, Counselor and
Aldermen of the City of Annapolis, one-eighth of the funds
allocated to Anne Arundel County by said State Roads Com-
mission from the one and one-half cent lateral road gasoline
tax or from any other fund arising from gasoline taxes.

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

Approved May 18, 1937.

CHAPTER 314.

AN ACT to repeal and re-enact with amendments Sub-section
(a) of Section 3 of Article 95A, title "Unemployment Com-
pensation", sub-title "Benefits", sub-title "Payment of
Benefits"; to repeal and re-enact with amendments, Sub-sec-