236 LAWS OF MARYLAND. [CH. 110

for under any such ordinance or ordinances, such bonds to be
issued in such manner, for such amounts, and to be payable at
such time, and to bear such rate of interest, as the Mayor and
Council of Brunswick shall by ordinance provide.

The Mayor and Council may, in their discretion, issue serial
bonds, which shall be redeemable, fall due or mature in series
or installments; and all bonds issued in pursuance of this Act
shall be exempt from County and Municipal taxation.

In case of the purchase of any stock in any water company
formed under the laws of this State or of any other State in the
United States which shall have for its object the furnishing
and supplying of water to the Town of Brunswick, as herein
provided, the Mayor and Council of Brunswick shall take all
of the stock in such water company except such shares as may
be necessary to allot to citizens of the United States to qualify
them as directors to act as such in any such company.

The provisions of this Act shall not limit the power of the
Mayor and Council of Brunswick to incur any indebtedness
for the improvement, repair and extension of its water sys-
tem, or building of reservoirs and acquiring title to land and
rights of way, within or without the State of Maryland, which
they now possess under the provisions of law.

Approved April 10th, 1918.

CHAPTER 110.

AN ACT to repeal and re-enact with amendments Sections 18
and 19 of Chapter 456 of the Laws of 1916, said sections
being entitled "Improvement of Water Works" and "Ac-
quiring Property for Water Works, " respectively, and con-
stituting parts of the charter of the Town of Brunswick,
Frederick County, as enacted by said Chapter 456 of the
Laws of 1916.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Sections 18 and 19 of Chapter 456 of the Laws of
1916 be and the same are hereby repealed and re-enacted with
amendments so as to read as follows:

Section 18. The Mayor and Council of Brunswick shall
have the right to enlarge, reconstruct, alter and improve the
water works system of the Town of Brunswick, with the power
from time to time to contract for, purchase, lease or hold, in
fee simple, or for a term of years, any real estate, right of way,