ALBERT C. RITCHIE, GOVERNOR. 1297

the property now known as No. 101 West Ostend Street, in the
City of Baltimore, State of Maryland, dated September 27th,
1923, and recorded among the Land Records of Baltimore City
in Liber S. C. L. No. 4084A, folio 95, etc.

(104) To the conveyance by the Mayor and City Council
of Baltimore, a municipal corporation, to the Trustees of
Catonsville Station of the Methodist Episcopal Church in Bal-
timore County, State of Maryland, a body corporate, of certain
property described in a deed dated August 22nd, 1923, and
recorded among the Land Records of Baltimore County, in
Liber W. P. C. No. 580, folio 399.

Approved April 9, 1924.

CHAPTER 533.

AN ACT to authorize the creation of a State debt in the ag-
gregate amount of seventy-five thousand dollars ($75, 000),
the proceeds thereof to be used for such repairs, improve-
ments and additions to the Hospital and other buildings of
the University of Maryland in Baltimore City as may be
necessary for the safety and protection thereof, and provid-
ing generally for the issue and sale of certificates of indebt-
edness evidencing such loan.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the Board of Public Works is hereby authorized
and directed to issue a State loan, to be known as the "Uni-
versity Hospital Loan of 1924, " in the aggregate sum of sev-
enty-five thousand dollars ($75, 000); the same to be dated
the loth clay of August, 1924. Said loan shall bear interest
at a rate to be fixed by the Governor, the Comptroller of the
Treasury and the Treasurer of the State, or a majority of
them, not to exceed four and one-half per cent. (4½%) per
annum, and the said interest shall be paid semi-annually, and
the said loan and every part thereof and the interest payable
thereon shall be and remain exempt from State, county and
municipal taxation, and the principal amount of said loan shall
be paid upon the serial annuity plan hereinbelow specified
and all within fifteen years after the issuance thereof.

SEC. 2. And be it further enacted, That in issuing the cer-
tificates of indebtedness for said loan as herein specified in
Section 1, the Governor, the Comptroller of the Treasury and