ALBERT C. BITCHES, GOVERNOR. 321

hereby declared to be an emergency law and necessary for the
immediate preservation, of the public health or safety, and,
having been passed upon a yea and nay vote, supported by
three-fifths of all the members elected to each of the two
Bouses of the General Assembly, the same shall take effect
from the date of its passage.

Approved March 26, 1920.

CHAPTER 172.

AN ACT to authorize and empower the Mayor and City Coun-
cil of Laurel to borrow twenty thousand dollars and issue
its bonds therefor, for the purpose of installing a new
power unit in the electric light plant, for other improve-
ments and repairs thereto, and for new equipment for the
electric light system.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the Mayor and City Council of Laurel be, and they
are hereby, authorized and empowered to borrow on the credit
of the town of Laurel and issue its coupon bonds therefor the
sum of twenty thousand dollars for the purpose of installing
a new power unit in the electric light plant, for other improve-
ments and repairs thereto, and for new equipment for the
electric light system.

SEC. 2. And be it enacted, That the said bonds shall be
issued in denominations of five hundred dollars, payable at
such time or times as the said Mayor and City Council may
direct and shall bear interest at the rate of five per cent per
annum, and be exempt from all county and municipal tax-
ation ; provided that no bonds shall be issued payable at any
longer period than thirty years, and shall not be sold at less
than the par value of the same which said bonds shall be
signed by the Mayor, countersigned by the Treasurer, and at-
tested by the Clerk to the City Council, with the corporate seal
of the town of Laurel attached.

SEC. 3. And be it enacted, That for the purpose of redeem-
ing the said bonds at their maturity and for the purpose of
securing the prompt payment of the interest thereon, the
Mayor and City Council of Laurel shall for the year of the
issue of said bonds and annually thereafter, until the maturity