258 LAWS OF MARYLAND. [CH. 153

534A. That for the purpose of preserving the sanitary con-
dition of the City of Westminster the Mayor and Common
Council of Westminster be, and it is hereby authorized to
borrow money temporarily up to such amount as may be
necessary not exceeding the amount of the obligations or
indebtedness of property owners to it for the purpose of pro-
viding the Mayor and Common Council of Westminster with
the necessary funds to make sewer connections of properties
with the sewerage system of the City of Westminster, the
Mayor and Common Council of Westminster is hereby
authorized for the purpose of borrowing such money to give
its note to be signed on behalf of the Mayor and Common
Council of Westminster by the Mayor and the Clerk, and to
pledge as collateral the obligations or indebtedness of prop-
erty owners so connected to the Mayor and Common Council
of Westminster to an amount equal to the amount of the
loan, and to renew such note in whole or in part from time
to time, not exceeding the maturity of the collateral. The
method of pledging such indebtedness from said owners of
property as collateral for such loan shall be as follows:

The City Clerk shall give a certificate over his hand that
there is due to the Mayor and Common Council of Westmin-
ster a certain sum for such connections from the following
property owners, giving the number of the property and the
name of the owner, and the amount due on each, and that said
indebtedness is not pledged for any other loan. Said certifi-
cate attached to and delivered with the note of the Mayor and
Common Council of Westminster, as above provided, shall
constitute a pledge of the indebtedness of said parties to the
Mayor and Common Council of Westminster as collateral
security for the said note, or any renewal thereof as above
provided. The Mayor and Common Council of Westminster
shall collect such indebtedness just the same as if it were not
pledged, but shall pay over to the holder of any note given
under this Act all collections of any of the indebtedness
pledged as collateral therefor, and such holder shall credit all
such payments on such note; and that every indebtedness
accruing to the Mayor and Common Council of Westminster
from any property holder in said city arising out of said con-
nections, as aforesaid, is hereby declared to be a lien upon the
property of such property owner, until paid, and interest
shall be chargeable on said indebtedness after thirty days
from the time of completion of connection and that the same
shall be collected, after the maturity of the note of said prop-
erty owner, or of any renewal thereof, and which renewal
shall be in the discretion of the Mayor and Common Council
of Westminster, as other municipal taxes of said Mayor and
Common Council of Westminster.