JOHN WALTER SMITH, ESQ., GOVERNOR.

25

CHAPTER 20.

AN ACT to authorize and empower the "Burgess and Com-
missioners of Williamsport" of Washington county, Mary-
land, to borrow money on the credit of the said town for
the purpose of supplementing, enlarging, increasing and
adding to the Electric Light Plant and System now belong-
ing to and operated by the said town, as p'rovided for by
Chapter 27 of the Acts of the General Assembly of Mary-
land passed at its January Session, A. D. 1898, and to issue
bonds for the payment of the same, and to levy on the
assessable property of the said town to redeem said bonds
and to pay the interest on the same.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That for the purpose of supplementing, enlarging,
increasing and adding to the Electric Light Plant and System
now belonging to and operated by the said Town of Williams-
port, as provider] for by chapter 27 of the Acts of the General

CHAP 20.

Assembly of Maryland passed at its January Session A. D.
1898, the Burgess and Commissioners of Williarnsport,
Washington comity, Maryland, be and they are hereby
authorized and empowered and directed to borrow money on
the credit of the said town of Williamsport to an amount not
exceeding five thousand dollars and to issue registered coupon
bonds of said town in payment of the said sum and the

Authorized
to borrow
money.
Bonds to be
issued.

interest to accrue ; provided, however, that the question of the
issue of the said bonds shall be submitted to the legal and
qualified voters of the said town of Williamsport at the
election held in said town next succeeding the passage of this
Act. The said bonds shall be issued in sums of five hundred
dollars each, shall have coupons attached for the interest
thereon, payable semi-annually at the rate not exceeding four
per cent, per annum ; they shall be signed by the Burgess, and
countersigned by the clerk to the Burgess and Commissioners
of said town with the corporate seal of said Burgess and
Commissioners affixed, and shall be registered by the said
clerk in a book kept for the purpose. Said bonds shall be
designated as Supplemental Electric Light Bonds. The said
bonds shall be issued at such time as the Burgess and Com-
missioners aforesaid shall determine subject to the provisions
of this Act, provided that the date of issue shall not be later
than the first day of May, A. D. 1902. The said bonds shall
be issued in series of one thousand dollars each, to be desig-
nated as series A, series B, series C, series D, and series E,
respectively, and the bonds of each series shall be numbered

Proviso.