ALBERT C. RITCHIE, GOVERNOR. 959
village or subdivision of Woodmont as defined in said Chapter
360 of the Acts of the Assembly of 1922, a special tax suffi-
cient to pay the interest as it becomes due and payable on all
such outstanding bonds issued and obligations or indebtedness
incurred or contracted, including the said indebtedness of ap-
proximately six thousand dollars to the said Farmers' Bank-
ing and Trust Company and the said Montgomery County
National Bank, under and by virtue of the provisions and te
carry out as aforesaid the purposes of said Chapter 360 of the
Acts of 1922 and of said Chapter 531 of the Acts of 1924,
and to pay annually an amount equal to at least one-sixth of
the present aggregate amount of all such outstanding bonds,
obligations and indebtedness on the principal of all such out-
standing bonds issued and obligations or indebtedness incurred
or contracted as aforesaid, including said indebtedness of ap-
proximately six thousand dollars to the said Banks, which tax
shall be levied and collected as County taxes now are or may
hereafter be by law levied and collected, and have the same
priority, rights, bear the same interest and penalties and in
every respect be treated the same as County taxes. All sums
so received from taxes levied as aforesaid shall be applied by
the County Commissioners of said Montgomery County in pay-
ment of the interest as it becomes due and payable on any
and all outstanding bonds issued and obligations or indebted-
ness incurred or contracted, including the indebtedness of ap-
proximately six thousand dollars to the said Banks, under and
by virtue of the provisions and to carry out the purposes of
said Chapter 360 of the Acts of 1922 and the said Chapter
531 of the Acts of 1924, and to pay annually on account of
the principal of all such outstanding bonds, obligations or in-
debtedness, including the said indebtedness of approximately
six thousand dollars to said Banks, an amount equal to at least
one-sixth of the present aggregate amount of such outstanding
bonds, obligations and indebtedness.
SEC. 3. And be it further enacted, That this Act is hereby
declared to be an emergency law and necessary for the imme-
diate preservation of the public health and safety, and being
passed upon a yea and nay vote, supported by three-fifths of
all of the members elected to each of the two Houses of the
General Assembly, the same shall take effect from the date of
its passage.
Approved April 5, 1927.
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