ALBERT C. RITCHIE, GOVERNOR. 607
nances, not exceeding, however, five per cent (5%) per annum.
If such stock or certificates are issued in series maturing at
stated periods and a proportion of the principal is made pay-
able annually, the Mayor and City Council of Baltimore shall
annually raise by taxation the amount of money required to
meet the interest and the proportion of the principal payable
in each year. If such stock or certificates are not issued in
series, any premiums realized above the par value of the
whole amount of such stock or certificates shall constitute
a part of the sinking fund created for the purpose of pay-
ing the loan herein authorized; if said stock or certificates are
issued in series the net premiums resulting from the sale
of the entire loan shall be placed to the credit of any existing
sinking funds established for the payment of any loans of
the Mayor and City Council of Baltimore.
SEC. 4. And be it further enacted, That this Act shall take
effect June 1st, 1929.
Approved April 2, 1929.
CHAPTER 221.
AN ACT to repeal and re-enact with amendments Sections
225 and 231 of Article 22 of the Code of Public Local Laws
of Maryland (1910 Edition), title "Washington County, "
sub-title "Hancock, " Section 225 having been amended by
Chapter 233 of 1914, and Section 231 by Chapter 207 of
1924, and to add one new section to said Article, to be
known as Section 241S, said amendments and new section
relating to the election of certain town officers, fixing the
powers and duties of the Burgess and Commissioners to sell
and convey real estate within the corporate limits of Han-
cock, not needed in the opinion of the Burgess and Com-
missioners for said town, the registration of voters, the com-
pensation of the Burgess and other officers, and to amend
the charter of the town of Hancock generally.
SECTION 1. Be it enacted by the General Assembly of
Maryland, That Sections 225 and 231 of Article 22 of the
Code of Public Local Laws of Maryland (1910 Edition), title
"Washington County, " sub-title "Hancock, " Section 225 hav-
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