ALBERT C. RITCHIE, GOVERNOR. 1533

pose of adding another unit to, and extending, increasing and
improving the electric light and power plant constructed and
equipped by virtue of Chapter 177 of the Acts of the Gen-
eral Assebmly of Maryland, passed at the January Session
of 1920, and to issue coupon bonds therefor, and to pro-
vide for the payment of the same with interest thereon.

WHEREAS, By virtue of Chapter 177 of the Acts of the Gen-
eral Assembly of Maryland, passed at the January Session of
1920, the Commissioners of Oxford were authorized and em-
powered to borrow on the faith and eredit of said town the
sum of eighteen thousand dollars ($18,000) for the purpose
of constructing, equipping, maintaining and operating an elec-
tric light and power plant in said town; and

WHEREAS,, Said plant is now in operation and it has been
deemed advisable and necessary that an additional unit be
added to said plant in order to furnish sufficient power for the
uses and purposes for which it was erected; therefore,

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the Commissioners of Oxford be and they are here-
by authorized and empowered to borrow on the faith and credit
of said town of Oxford the additional sum of five thousand
dollars ($5,000), or so much thereof as the said Commission-
ers shall deem necessary for the purpose of extending, adding
to, improving and increasing the power and effectiveness of the
said electric light and power plant heretofore erected by them
by virtue of Chapter 177 of the Acts of the General Assembly
of Maryland, passed at the January Session of 1920, and to
issue coupon bonds therefor in sums of $500 each, to be signed
by the Commissioners of Oxford and countersigned by the town
clerk thereof, attested by the corporate seal of said town; said
bonds to be designated "Oxford Electric Extension Bonds" and
shall be consecutively numbered from 1 to 10, and shall bear
interest at the rate of 5 per centum per annum, payable
semi-annually on the first days of April and October in each
year; and shall be forever exempt from all taxation for State,
county and municipal purposes, and shall have printed on them
a distinct reference to this Act authorizing their issue.

SEC. 2. That the said bonds to be issued under this Act
shall mature, be paid and. cancelled by the Commissioners of
Oxford, in numerical order as follows: One bond, $500, on
October 1, 1924; one bond on October 1, 1926; one bond on
October 1, 1928, and one bond every other year thereafter un-