ALBERT C. RITCHIE, GOVERNOR. 685

payment of taxes due to said town. In the event that the said
net revenues shall not be sufficient in amount to pay the inter-
est on said bonds and the principal thereof as they shall become
due, the said Mayor and Council shall annually levy on all the
taxable property of the said town such sums of money as shall
in the judgment of the Mayor and Council of Snow Hill be
necessary for the prompt payment of the interest on said bonds
and the principal thereof when the same shall become due, and
any surplus on hand at any time arising from such revenues
and from such levy, or either of them, shall be by the said
Mayor and Council invested in some safe securities as a sink-
ing fund, which shall not at any time be diverted from the pur-
poses of this Act. The money arising from the sale of said
bonds shall be paid to the Mayor and Council of said town and
by the said Mayor and Council deposited in some safe bank
and shall only be drawn therefrom on checks signed by he
Mayor and countersigned by the Secretary and Treasurer.

SEC. 5. Be it further enacted as aforesaid. That the Mayor
and Council of Snow Hill shall select some depository in which
to deposit the money necessary for the payment of the princi-
pal and interest on said bonds when the same mature and be-
come due and shall designate said bank on said bonds and the
coupons thereto attached.

SEC. 6. Be it further enacted as aforesaid, That the money
arising from the sale of said bonds, or so much thereof as may
be necessary, shall be available for the purchase of the existing
electric light plant in Snow Hill and for improvements, re-
pairs and betterments thereto.

SEC. 7. Be it further enacted as aforesaid, That nothing in
this Act contained is intended or shall be taken or construed
as relieving the Mayor and Council of Snow Hill from any of
the provisions of Chapter 180 of the Acts of the General As-
sembly of Maryland of 1910, known as the Public Service
Commission Law, or any amendment thereto.

SEC. 8. Be it further enacted as aforesaid, That this Act
is hereby declared to be an Emergency Law and necessary for
the immediate preservation of the public safety, and being
passed upon a yea and nay vote supported by three-fifths of the
members elected to each of the two Houses of the General As-
sembly, the same shall take effect from the date of its passage.

Approved April 9, 1924.