ALBERT C. RITCHIE, GOVERNOR. 285
CHAPTER 95.

AN ACT to add a new section to Article 6 of the Code of
Public Local Laws of Maryland (1930 Edition), title
"Caroline County, " sub-title "County Commissioners, "
said new section to be known as Section 106GH and to
follow immediately after Section 106GG of said Article,
as said section was enacted by Chapter 356 of the Acts
of 1933, authorizing and empowering the County Com-
missioners of Caroline County to borrow money to meet
the current expenses of said County, in anticipation of
the collection of taxes and to issue "Tax Anticipation
Notes" therefor.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That a new section be and the same is hereby
added to Article 6 of the Code of Public Local Laws of
Maryland (1930 Edition), title "Caroline County, " sub-
title "County Commissioners, " said new section to be
known as Section 106GH, to follow immediately after Sec-
tion 106GG of said Article, as said section was enacted by
Chapter 356 of the Acts of 1933, and to read as follows:

106GH. In addition to the powers already possessed by
the County Commissioners of Caroline County, and not in
limitation thereof, the said County Commissioners are
hereby authorized and empowered to borrow from time to
time, whenever they shall deem it necessary to meet the
current expenses of said County, money in an amount not
to exceed sixty per centum (60%) of the taxes levied but
uncollected at the time of said borrowing, and to issue
notes therefor bearing interest at a rate not to exceed six
per centum (6%) per annum, said notes to be designated
"Tax Anticipation Notes, " with the tax levy year also
designated thereon, to be signed by the President of said
County Commissioners of Caroline County and to be coun-
tersigned by the County Treasurer with the seal of said
County Commissioners affixed.

Said notes shall be in such denominations and shall ma-
ture at such periods as may be determined by said County
Commissioners, and, except as herein otherwise provided,
shall be in such form as may be determined by said County
Commissioners. Provided, however, that said notes shall
be paid for out of said uncollected taxes when collected;
and that any and all "Tax Anticipation Notes" issued
under the authority of this Act, or any renewal thereof,
shall be paid or definite provision for payment made within