952 LAWS OF MARYLAND. [CH. 306

said new section to follow immediately after Section 147 and
to be known as Section 147A, and to read as follows:

SEC. 147A. Any partner who shall with fraudulent intent
convert or appropriate to his own use any money, securities,
assets or property of a partnership, or who shall with fraudu-
lent intent make, or cause to be made, any false entry of any
partnership transaction in the books or records of such partner-
ship, or who shall with fraudulent intent fail or omit to make,
or cause to be made, any entry in the partnership books or
records to show the true state of any transaction relating to
the partnership business or involving the use or disposition of
partnership funds or property, shall be guilty of a misdemeanor,
and upon conviction thereof, shall be imprisoned in the Peni-
tentiary or House of Correction for a term of not exceeding
ten years, or shall be fined not more than five thousand dollars,
or both fine and imprisonment, as the Court may in its discre-
tion determine.

SEC. 2. And be it further enacted, That this Act shall take
effect from and after June 1st, 1924.

Approved April 9, 1924.

CHAPTER 366.

AN ACT to authorize the creation of a State debt in the aggre-
gate amount of one hundred and twenty-five thousand ($125, -
000) dollars, the proceeds thereof to be used for the con-
struction and equipment of a Science Building at Western
Maryland College, and providing generally for the issue
and sale of certificates of indebtedness evidencing such loan.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That, in order to provide for the construction of a Science
Building at Western Maryland College, a loan is hereby created
to be known as the "Western Maryland College Loan of 1924, "
to the amount of one hundred and twenty-five thousand ($125, -
000) dollars. The said loan shall be dated the first day of July,
1927, and shall bear interest at a rate to be fixed by the Governor
of the State, the Comptroller of the Treasury, and the Treasurer
of the State, or a majority of them, not to exceed four and one-
half (4½) per centum 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