232 LAWS OF MARYLAND. [CH. 108

bers elected to each of the two Houses of the General Assem-
bly, the same shall take effect from the date of its passage.

Approved April 10th, 1918.

CHAPTER 108.

AN ACT to authorize and direct the County Commissioners
of Allegany County to borrow money on the credit of said
County to pay for the erection of new school buildings and
for additions to and improvements of school buildings in
Allegany County, and to issue bonds therefor, and to levy on
the assessable property in Allegany County an annual tax
sufficient to pay said bonds as they mature and to pay the
interest thereon as it becomes due.

WHEREAS owing to the increase in attendance in the public
schools of Allegany County, additions to and improvements of
said schools are absolutely necessary in order to enable all the

children of said County to receive an education; therefore,

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the County Commissioners of Allegany County, in
order to provide funds necessary for the erection of new school
buildings and for additions to and improvements of school
buildings in said County, are hereby authorized and directed
to borrow money on the credit of said County, and to issue and
sell bonds therefor to an amount not exceeding seventy-five
thousand dollars ($75, 000. 00), under the corporate seal of
said Board of County Commissioners, to be signed by the Pres-
ident of said Board of County Commissioners and to be coun-
tersigned by the clerk thereof, in denominations of one hun-
dred dollars ($100. 00), five hundred dollars ($500. 00) or one
thousand dollars ($1, 000. 00) each, as may seem most advis-
able to the said County Commissioners of Allegany County,
said bonds to be dated July 1st, nineteen hundred and eighteen,
and to bear interest from date, payable semi-annually at a rate
not exceeding five per cent. (5%) per annum to be deter-
mined by said County Commissioners; said bonds when issued
shall have written or printed on them a distinct reference to
the Act directing the issue of the same and shall be designated
"Allegany County School Bond Issue of 1918, " and the said
bonds when issued shall be exempt from municipal and County
taxation in Allegany County.