476 LAWS OF MARYLAND. [CH. 169
that no such debt shall be incurred and no such certificate of
indebtedness issued except as follows: The Council shall, by
ordinance passed by yeas and nays, specify the particular pur-
pose or purposes for which the indebtedness is to be created,
the amount, the rate of interest and the manner of payment;
they shall then, provide in said ordinance for submitting the
question of the creation of such debt to the resident taxpayers
of the town at a special municipal election to be called by the
Council for that purpose, notice of which shall be published in
some newspaper of general circulation therein once a week
for Two weeks next preceding such election; the notice and
publication shall recite the ordinance and describe the in-
debtedness to be created. The ballots shall be printed "For
the Debt, " and "Against the Debt. " If two-thirds of the resi-
dent taxpayers of the town, so voting at such election, shall
vote in favor of the debt, and not otherwise, the Council may
incur such debt and issue the amount of certificates of indebt-
edness so specified; provided, however, that the payment of
dog tax shall not constitute any person a taxpayer within the
intent of this section; and provided further, that a residence of
three months in said town shall be necessary to qualify a tax-
payer to vote under the provisions of this section.
(H) The Council may issue certificates of indebtedness,
bearing interest not to exceed in amount the annual revenue
of the town, less the amount of all sinking funds previously
provided for, said certificates and interest to be paid only
from such revenue and within one year from the date of their
issue; and such certificates may be issued in pursuance of an
ordinance duly passed without submitting the question to a
vote of the taxpayers.
(I) The Council shall have the same powers as the State
Board of Health of this State, restricted, however, to the limits
of the town.
(J) The Council shall keep and annually publish a tabu-
lar statement of the receipts and expenditures of the funds
of the corporation, and such other matters connected with the
government and regulations of the town affairs as they may
deem necessary and proper.
8. (A) Prior to the beginning of each fiscal year the Coun-
cil shall prepare and adopt an annual budget covering the
estimated receipts and disbursements of the general revenues of
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