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Session Laws, 1933 Session
Volume 421, Page 262   View pdf image (33K)
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262 LAWS OF MARYLAND. [CH. 154

on, before the maturity of all such notes not later than
June 1, 1935, provided, however, that in the event it be
necessary to provide funds for the payment of such notes
so issued under the provisions of this Act by any such gen-
eral levy that nothing herein contained shall be construed
as in any manner to alter or amend any law providing for
the payment of obligations of any such county, municipal
or public corporation, special district and/or political sub-
division of this State becoming due and payable before
June 1, 1935 by taxation or otherwise, provision for the
payment of which by borrowed money is temporarily made
under this Act; and provided further that the proceeds of
any general or special levy imposed by law for the purpose
of providing funds for the payment of any such obligations
may, upon the receipt thereof, be applied to the payment
of notes issued under the provisions of this Act, or in the
event the same become available after such notes are paid,
then to the general funds of such county, municipal or
public corporation, special district and/or political sub-
division of this State so issuing such notes under the pro-
visions of this Act.

SEC. 4. And be it further enacted, That nothing in this
Act contained shall be construed to repeal or in any manner
to modify any statute of this State heretofore enacted au-
thorizing any designated county, municipal or public cor-
poration, special district and/or political sub-division of
this State to provide in any manner whatsoever for the
payment of any of its obligations as they mature, but the
same shall be and remain in full force and effect.

SEC. 5. And be it further enacted, That the powers
granted by the terms of this Act shall cease and terminate
from and after June 1, 1935.

SEC. 6. And be it further enacted, That this Act is
hereby declared to be an emergency law and necessary for
the immediate preservation of the public health and safety
and, having been passed by a yea and nay vote supported
by three-fifths of all the members elected to each of the
two Houses of the General Assembly, the same shall take
effect from the date of its passage.

Approved March 31, 1933.

 

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Session Laws, 1933 Session
Volume 421, Page 262   View pdf image (33K)
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