ALBERT C. RITCHIE, GOVERNOR. 69
CHAPTER 30.

AN ACT to authorize and empower the County Commissioners
of Baltimore County to borrow upon the faith and credit
of said County, a sum not to exceed Two Million Dollars
($2, 000, 000), and to issue and sell coupon bonds therefor,
and the proceeds thereof to be paid to the Treasurer of
Baltimore County, and to be paid out by said Treasurer
for the erection and equipment of new public school build-
ings and the purchase of land necessary therefor, and the
permanent improvement of old public school buildings in
Baltimore County, upon the orders of the County Commis-
sioners of Baltimore County, which orders shall be issued
upon orders of The Board of Education of Baltimore
County; providing generally for the time, terms and man-
ner of said bond issue; and providing that this Act be
passed as an emergency measure.

WHEREAS, there is an urgent and immediate need for the
construction and improvement of school buildings and the
purchase of additional land therefor, in the aid of the public
school system of Baltimore County, and it is essential to the
public welfare and convenience of said County that the sum
of Two Million Dollars ($2, 000, 000) be provided for imme-
diately relieving said situation.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That the County Commissioners of Baltimore
County, a body corporate, is hereby authorized and empowered
to borrow money on the faith and credit of said County, and
to issue and sell coupon bonds therefor to an amount not to
exceed Two Million Dollars ($2, 000, 000), in denominations
of One Thousand Dollars ($1, 000. 00), to bear interest at
such rate as the County Commissioners of Baltimore County
may determine, not exceeding five per centum per annum,
said interest to be payable semi-annually on the first days of
June and December in each and every year, coupons to be
attached to said bonds for each of said semi-annual interest
payments, to be signed by the President of the said County
Commissioners, the said signature to said coupons to be
printed thereon, the said bonds also to be signed by the said
President and by the Treasurer of Baltimore County, and to
have the corporate seal of said County affixed thereto, and
said loan and every part thereof and the interest, payable