130 LAWS OF MARYLAND. [CH. 28

so borrowed and all interest thereon, as and when the same
shall be due and payable; and, provided also, that if taxes
levied, collected or due for the current fiscal year in which
such sum or sums of money were borrowed shall be paid
after the payment of the sum or sums so borrowed, the re-
ceipts therefrom shall be applied to the general funds of the
, said Mayor and City Council of Cumberland.

f B. ORDINARY BORROWING POWER

And be it further enacted, that said Mayor and City
Council of Cumberland shall have the power and authority
in the operations of the Water Department of the City of
Cumberland (which shall include the operations of the
Evitts Creek Water Company) to borrow such sum or sums
as may be necessary for such operation, for interest, and
to meet sinking fund or serial bond requirements, and to
pledge the faith and credit of the city therefore; provided,
however, that such sum or sums of money hereby author-
ized to be borrowed shall not exceed in the aggregate the
total of the estimated water rentals accrued or accruing for
the current fiscal year; and provided further that any sum
or sums so borrowed in pursuance of the authority so given
shall be repaid out of the water rentals charged for said
fiscal year and thereafter collected; and provided further
that in the event the receipts from water rentals charged
for said fiscal year and thereafter collected shall be insuffi-
cient to pay such sum or sums so borrowed, with all interest
due thereon, the said Mayor and City Council of Cumber-
land are authorized and directed to levy a tax against all of
the assessable property in the City of Cumberland sufficient
to pay such sum or sums of money so borrowed and all in-
terest thereon, as and when the same shall be due and pay-
able; and, provided also, that if water rentals charged for
the current fiscal year in which such sum or sums of money
were borrowed shall be paid after the payment of the sum
or sums so borrowed, the receipts therefrom shall be ap-
plied to the general funds of the said Mayor and City Coun-
cil of Cumberland.

SEC. 2. And be it further enacted, That this Act is an
emergency law necessary for the immediate preservation
of the health and general welfare of the residents of the
City of Cumberland, and three-fifths of the members
of each House of the General Assembly concurring therein,
by yea and nay vote, the same shall be effective from the
date of its passage.

Approved December 15, 1933.