1134                      LAWS OF MARYLAND.                  [CH. 447

mediate preservation of public health and safety and having
been passed upon 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 17, 1931.

CHAPTER 447.

AN ACT to authorize and direct the Commissioners of Cam-
bridge, a municipal corporation, in Dorchester County, to
borrow money upon the credit of the said municipal corpo-
ration, and issue negotiable interest bearing coupon bonds in
the principal amount of fifty thousand dollars, ($50, 000);
and to levy and collect annual taxes upon all the assessable
property of said municipal corporation, to pay the principal
and interest upon said bonds when due; and to use the pro-
ceeds of sale of said bonds to pay for certain permanent
municipal improvements now, or hereafter, to be made; and
to authorize the acquiring of the necessary property, real
and personal, within the corporate limits of the City of
Cambridge, for the making of the said permanent municipal
improvements, and ratifying and confirming the acts of the
Commissioners of Cambridge in heretofore acquiring cer-
tain "real estate within the said corporate limits, for the mak-
ing of the said improvements.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That the Commissioners of Cambridge, a municipal
corporation, in Dorchester County, be and they are hereby
authorized and directed to borrow, on the credit of the said
municipal corporation, the sum of fifty thousand dollars ($50, -
000), and to issue its negotiable, interest bearing coupon bonds
therefor, said bonds to be issued in denominations of one thou-
sand dollars ($1, 000) each, to bear interest at such rate, not
exceeding five and a half per cent. (5%%), as is determined
by the Commissioners of Cambridge, the interest payable semi-
annually, the bonds to be dated as of such date as the Com-
missioners of Cambridge determine, said bonds, to be signed
by the Mayor of Cambridge and sealed with the seal of the said
municipal corporation, duly attested by the Town Clerk or