864 LAWS OF MARYLAND.

SEC. 4. And be it further enacted, That said Act shall take
effect from the date of its passage.

Approved April 10th, 1914.

CHAPTER 515.

AN ACT to validate and to authorize and empower the County
Commissioners of Montgomery County to fund certain indebt-
edness contracted by the Board of County School Commis-
sioners of Montgomery County and a deficiency in the cost
of the public schools for the current school year and to issue
bonds of said County therefor, and to levy a tax for the
payment of the same.

WHEREAS, The Board of County School Commissioners for
Montgomery County became indebted for certain sums of money
at different times to maintain the public schools of and to pro-
vide and equip certain school houses for said County, which
said indebtedness is represented by notes or other evidences of
indebtedness of said Board of County School Commissioners of
said County held by the First National Bank of Gaithersburg
in the principal sum of fifteen thousand ($15,000) dollars, the
Farmers' Banking and Trust Company in the principal sum
of fifteen thousand ($15,000) dollars, the Poolsville National
Bank in the principal sum of three thousand five hundred
($3,500) dollars, and by an advance or advances from the
Treasurer of said County on the direction of said County Com-
missioners of said County in the further aggregate sum of ten
thousand ($10,000) dollars, and by an estimated outlay in ex-
cess of the estimated income of said Board of County School
Commissioners for the school year ending July 31, 1914,
amounting to about fifteen thousand ($15,000) dollars; and

WHEREAS, It is desirable that said indebtedness and deficiency
should be provided for so as to be paid off gradually;

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the action of the Board of County School Commis-
sioners of Montgomery County in incurring the indebtedness
and the deficiency in this Act recited and of the County Com-
missioners in making the advances therein specified, be and
the same are hereby ratified and confirmed and the indebtedness
incurred, be and the game is, hereby declared to be valid and
subsisting.