10 LAWS OF MARYLAND. [CH. 6

sell bonds to an amount not exceeding Two Hundred Thou-
sand ($200,000.00) Dollars; should a bond issue be decided
upon then the County Commissioners of Allegany County
are hereby directed to advertise, in such newspaper printed
and published in Allegany County as may be determined
by said County Commissioners, at least once a week for
four successive weeks, the sale of said bonds; said adver-
tisement shall state the time and place where bids, condi-
tioned as may be required, will be opened and said County
Commissioners shall reserve unto themselves the right to
reject any and all bids; said bonds shall be signed on behalf
of the County Commissioners of Allegany County by the
President and countersigned by the Clerk thereof and shall
bear the corporate seal of said Allegany County; they shall
bear interest payable semi-annually and at the rate of not
over five per centum (5%) per annum, for which interest
coupons are to be attached to said bonds; they shall be
in the denomination of One Hundred ($100.00) Dollars or
any multiple thereof and shall mature and become payable
not over fifteen years from the date thereof; and said bonds
and interest thereon shall be exempt from all state, county,
and municipal taxation in the State of Maryland; and
upon the procuring of said loan or the sale of said bonds,
the County Commissioners of Allegany County are hereby
authorized and directed to give all the proceeds of said
loan or sale to the Commission to be used by it in carrying
out the purposes and intentions of this Act and thereafter
they are hereby authorized and directed to make a special
tax levy upon the assessable property of said County annu-
ally from year to year so long as the same may be neces-
sary to meet all the interest and principal payments which
may become due upon said loan or bonds according to the
original tenor of either.

SEC. 2. And be it further enacted, That this Act shall
be declared an emergency Act and necessary to the imme-
diate preservation of the public health and safety, and be-
ing passed by a yea and nay vote supported by three-fifths
of all 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 8, 1936.