888 LAWS OF MARYLAND. [CH. 421

1. Bonds issued by the Federal Farm Loan Board, or
by any Federal Land Bank or any Joint Stock Land Bank,
or the Federal Home Loan Bank Board, or the Home
Owners Loan Corporation, (a corporation created by an
Act of the Congress of the United States, approved June
13, 1933), mortgages or bonds or notes secured by mort-
gage or trust deed insured by the Federal Housing
Administrator, debentures issued by such Administrator,
and obligations of National Mortgage Associations, shall be
lawful investments for all fiduciary and trust funds, for
the funds of trust, bonding and insurance companies, build-
ing and loan associations, savings and loan associations,
and for the workmen's compensation fund, or other public
monies subject to investment, in this State.

SEC. 2. And be it further enacted, That this Act is
hereby declared to be an emergency law and necessary for
the immediate preservation of the public health and safety,
and being passed upon by a yea and nay vote, supported by
three-fifths of all of 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 May 27, 1939.

CHAPTER 421.
(Senate Bill 431)

AN ACT to repeal and reenact, with amendments, Section
166 of Article 10 of the Code of Public Local Laws of
Maryland (1930 Edition), title "Dorchester County",
subtitle "Treasurer", reducing the penalty on uncollected
taxes.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That Section 166 of Article 10 of the Code of
Public Local Laws of Maryland (1930 Edition), title "Dor-
chester County", subtitle "Treasurer", be and the same is
hereby repealed and reenacted, with amendments, to read
as follows:

166. The County Commissioners of said county shall
have power and authority to make levies of taxes for State
and county purposes including public schools, and it shall
be their duty to make such levy in each and every year;
the taxable year to be from January first to December