FRANK BROWN, ESQUIRE, GOVERNOR.

on the bonds hereby authorized to be issued, as well as for the
payment of said bonds at maturity, and shall create a sinking
fund and levy the necessary taxes for that purpose, not ex-
ceeding the provisions of the charter of the town, and the
amount collected annually for the sinking fund shall be
invested by the Mayor and Council in some safe interest-bear-
ing securities and remain intact for the purpose for which it is
intended.

433

SEC. 4. And be it enacted, That this act shall take effect
from the date of its passage.

Approved April 6th, 1894.

Effective,

CHAPTER 308.

AN ACT to repeal Section one hundred and eleven of
article twenty-three of the Code of Public General Laws of
Maryland, relating to electric light companies, as said section
was re-enacted by Chapter 588 of the Acts of the General
Assembly of Maryland of 1890, and to re-enact the same
with amendments.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That section one hundred and eleven of article
twenty-three of the Code of Public General Laws of Mary-
land, relating to electric light companies, as said section was
re-enacted by chapter 588 of the Acts of the General Assembly
of Maryland of 1890, be and the same is hereby repealed and
re-enacted so as to read as follows.

Repeal.

111. Any electric light company formed under this article
shall have full power to manufacture and sell, and furnish
such, quantities of electric light or electric power as may be
required or desired in any city or town of Kent, Talbot,
Somerset, Carroll, Montgomery or Washington counties, of
this State, in which or adjoining which the same may be
located, for lighting the streets, roads, public or private build-
ings or for motive power or other purposes; and such corpora-
tion' is hereby authorized and empowered to lay, construct
or build lines or conductors, under, along, upon or over

28

Electric light
companies.