1044 LAWS OF MARYLAND [CH. 508

81AZ. All Acts and parts of Acts inconsistent with the
provisions of this Act, be and the same are hereby repealed,
but nothing herein contained shall be construed to repeal ex-
isting sections of Article 25 of the Annotated Code of Mary-
land, title "County Commissioners," sub-title "Draining
Lands," as added to by Chapter 656 of the Acts of 1912, nor
to make void or invalid any of the proceedings taken or drains
established thereunder which said drains and ditches and the
proceedings establishing the same are hereby adopted and
legalized and they are to be continued and operate as if estab-
lished under this Act.

SEC. 2... And be it further enacted, That this Act shall take
effect from and after June 1, 1920.

Approved April 9, 1920.

CHAPTER 508.

AN ACT to authorize the creation of a State debt in the aggre-
grate amount of three million ($3,000.000) dollars, the
proceeds thereof to be used for the construction of rural
post roads, lateral roads and the extension of the State
roads system of Maryland, with the assistance of funds
from the United States Government, and the several coun-
ties of the State, providing generally for the issue and
sale of certificates of indebtedness evidencing such loan,
and providing the means for the several counties to raise
funds by bond issues, special assessments or otherwise,
to meet the funds to be contributed by the State.
SECTION 1. Be it enacted by the General Assembly of Mary-
land, That in order to provide for rural post roads and lateral
roads and for the extension of the State roads system of Mary-
land, a loan is hereby created to be known as the "Lateral and
Post Roads Loan of 1920," to the amount of three million
($3,000,000) dollars. One million five hundred thousand dol-
lars (1,500,000) of said loan shall be dated the 15th day of
August, 1920, and the remaining one million five hundred
thousand dollars ($1,500,000) of said loan shall be dated the
15th day of February, 1921. Said loan shall bear interest at
a rate to be fixed by the Governor of the State, Comptroller of
the Treasury and the Treasurer of the State, or a inajority of
them, not to exceed four and one-half (41 1/2%) per centum per
annum, and the said interest shall be paid semi-annually, and