HARRY W. NICE, GOVERNOR. 1173

as hereinafter provided for or out of such moneys as shall
be duly appropriated from time to time for that purpose by
the General Assembly of Maryland, or out of the receipts
from tolls as hereinafter provided for.

78. The money borrowed pursuant to the terms of this
Act, or the proceeds from the sale of any promissory notes,
bonds or other evidences of indebtedness under the provi-
sions of this Act, shall be paid to the Treasurer of Mary-
land upon the warrant of the Comptroller of Maryland, and
so much thereof as may be necessary shall be paid by the
Treasurer of the State, upon the warrant of the Comp-
troller, out of the proceeds of such sale, for the payment
of the expense of engraving, printing, and other outlay in
connection with the said loan or said issue of securities,
and all other incidental expenses in connection therewith.
The balance of the said proceeds shall be expended by the
State Roads Commission for the construction, reconstruc-
tion, relocation, widening and improving of State Roads
and Bridges within the boundaries of the State of Mary-
land.

79. There shall be laid and collected an annual tax suf-
ficient to pay the principal of and interest on the said prom-
issory notes, bonds or other evidences of indebtedness is-
sued pursuant to the provisions of this Act as the same
shall fall due. Such annual tax shall consist of such part
of the license fees and franchise taxes with respect to
trucks and commercial vehicles required to be paid by Arti-
cle 56 of the Code of Public General Laws of Maryland
(after deducting therefrom so much thereof as shall be
necessary to pay the interest on and principal of the series
of $4, 000, 000 of State Roads Commission 4% Bonds issued
pursuant to the provisions of Sections 69 to 74, both in-
clusive, of said Article 89B as enacted by Chapter 463 of
the Acts of the General Assembly of Maryland at its 1933
regular session, as amended by Chapter 93 of the Acts of
said General Assembly at its 1933 extraordinary session)
and such part of one and four-tenths mills (. 0014c) of the
two cent (2c) gasoline tax required to be paid pursuant to
the provisions of Section 212 of Article 56 of the Code of
Public General Laws of Maryland (the proceeds of said
one and four-tenths mills (. 0014c) tax is estimated to pro-
duce $266, 000 of revenue each year), as shall be necessary
to pay such interest and principal as it falls due, and to pro-
vide for the creation and maintenance of a reserve fund of
not less than $150, 000, such reserve fund to be kept separate