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Session Laws, 1937
Volume 412, Page 724   View pdf image (33K)
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724 LAWS OF MARYLAND. [CH. 368

any municipality and any Federal agency, no municipality
shall borrow any money or issue any bonds pursuant to the
provisions of this sub-title after June 1, 1939. It is the purpose
of this sub-title to enable municipalities to secure the benefits of
any agency of the Federal Government engaged in a works pro-
gram, to encourage public works, to reduce unemployment and
thereby to assist in the national recovery and promote the pub-
lic welfare, and to these ends municipalities shall have power
to do all things necessary or convenient to carry out said
purpose in addition to the express powers conferred in this
sub-title; this sub-title is remedial in nature and the powers
hereby granted shall be liberally construed.

SEC. 2. And be it further enacted, That it is hereby declared
to be the legislative intent and purpose by this Act to extend
and continue in full force and vigor until June 1, 1939,
each and all of the provisions of Sections 9 to 24 inclusive of
Article 31 of the Annotated Code of Maryland (1935 Supple-
ment), so as to empower all municipalities of this State, as
defined in said Section 9, to meet the current emergency by
continuing the financing and construction of public works in
the manner and subject to the limitations prescribed by said
sections of said Article above referred to, up to and including
June 1, 1939.

SEC. 3. And be it farther enacted, That this Act shall take
effect June 1, 1937.

Approved May 18, 19S7.

CHAPTER 368.

AN ACT to authorize the creation of a State debt in the
aggregate amount of not exceeding One Million Dollars
($1, 000, 000), the proceeds thereof to be used for the pur-
pose of erecting and equipping a new State Office Building
in Annapolis, the Capital of the State, and to provide
generally for the issue and sale of Certificates of Indebted-
ness evidencing such loan.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the Board of Public Works is hereby authorized
and directed to issue a State Loan, in the aggregate sum of
not exceeding One Million Dollars ($1, 000, 000), to be known
as the -"State Office Building Loan of 1937". One Hundred
Thousand Dollars ($100, 000. 00) of said loan shall be dated
June 15th, 1937 and Nine Hundred Thousand Dollars

 

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Session Laws, 1937
Volume 412, Page 724   View pdf image (33K)
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