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Session Laws, 1931
Volume 580, Page 897   View pdf image (33K)
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ALBERT C. RITCHIE, GOVERNOR.                  897

that at no time or times shall the Mayor and City Council bor-
row any sum or sums of money exceeding in the aggregate an
amount equal to one-half of one per cent, of the assessable basis
of said city without first obtaining the consent of a majority
of the legally qualified voters of said city, except the bonds
herein specially provided for in Sections 304 and 335; any
bonds or other evidences of indebtedness, claim or demand for
any sum or sums of money in excess of the amount as aforesaid,
hereinafter issued or existing on account of any sum or sums;
of money borrowed by said city in excess of the aforesaid
amount without having first obtained the consent of a majority
of the legally qualified voters of said city as aforesaid, shall
be absolutely void and of no effect, and shall be unenforceable
in the hands of the holder or holders thereof whosoever he or
they may be.

SEC. 2. And be it further enacted, That it is hereby de-
clared that this is an emergency law and necessary for the
immediate preservation of the public health and safety, and
being 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 data
of its passage.

Approved April 17, 1931.

CHAPTER 354.

AN ACT to add a new paragraph to Section 7 of Article 81
of the Annotated Code of Maryland (1929 Supplement),
title "Revenue and Taxes, " sub-title "Ordinary Taxes, " sub-
heading "What Shall Be Taxed and Where, " said new para-
graph to be known as Paragraph (32) and to follow imme-
diately after Paragraph (31) of said section, exempting the
building, equipment and furniture of hospitals, asylums,
churches, places of worship, charitable and benevolent in-
stitutions, or the grounds appurtenant thereto, from the pay-
ment of any assessment for the opening, grading and paving
of any road or street and to cancel any such existing but

uncollected assessments.
29

 

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Session Laws, 1931
Volume 580, Page 897   View pdf image (33K)
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