ALBERT C. RITCHIE, GOVERNOR. 211
provisions thereof shall go into effect immediately; and if
there be a majority of votes cast against said loan, then this
Act shall be null and void, and the said bonds shall not be
issued. The provisions of the General Election Laws of the
State of Maryland shall apply in all respects to the election
held hereunder.
SEC. 13. And be it further enacted, That this Act shall
be declared to be an emergency law and necessary for the
immediate preservation of the public health and safety, and
being passed upon 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 December 15, 1933.
(CHAPTER 61.
AN ACT to repeal and re-enact, with amendments, Sections
1 and 2 of Article 49A of the Code of Public General
Laws of Maryland, Edition of 1924, title "Investments, "
and to add a new section to said Article, to follow imme-
diately after Section 2, and to be known as Section 3,
authorizing investments in bonds of the Federal Home
Loan Board, or the Home Owners Loan Corporation.
SECTION 1. Be it enacted by the General Assembly of
Maryland, That Sections 1 and 2 of Article 49A of the Code
of Public General Laws of Maryland, Edition of 1924, title
"Investments, " be, and the same are hereby repealed and
re-enacted, with amendments, so as to read as follows:
1. Bonds issued by the Federal Farm Loan Board, or by
any Federal Land Bank or any Joint Stock Land Bank, or the
Federal Home Loan Bank Board, or the Home Owners Loan
Corporation, (a corporation created by an Act of the Con-
gress of the United States, approved June 13, 1933), shall
be lawful investments for savings bank deposits, for all
fiduciary and trust funds, for the funds of trust, bonding
and insurance companies, building and loan associations,
savings and loan associations, and for the workmen's com-
pensation fund, or other public monies subject to invest-
ment, in this State.
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