1176 LAWS OF MARYLAND. [CH. 678

tion of said bonds or certificates of indebtedness and for the
proper expenses for the negotiation for and the acquisition of
the property and for the planning, construction and develop-
ment of the same. The Mayor and Town Council of Berwyn
are hereby authorized and empowered to do all acts not specifi-
cally mentioned herein which may be necessary to issue and sell
said bonds or certificates of indebtedness, provide for the pay-
ment thereof, and the interest thereon. The bonds or certifi-
cates of indebtendess hereunder shall be the direct obligation
of the Town of Berwyn, and the said municipal corporation
shall be responsible therefor. All bonds or certificates of in-
debtedness issued hereunder shall mature in annual install-
ments, and the first installment shall fall due and be payable
not later than two years after the date of issue, and such
bonds and interest thereon shall be exempt from all State,
County and municipal taxation in the State of Maryland.

SEC. 29. At any time after a bond issue has been authorized,
the town may borrow money for the purposes for which bonds
are to be issued, in anticipation of the receipt of the proceeds
of the sale of the bond issue. Such loan shall be due and pay-
able not later than three years after the time of taking effect
of the ordinance authorizing the bonds upon which they are
predicated, but the limit of the life of the bonds as prescribed
in the proceeding section of this Charter shall be construed to
include the term of such temporary loan.

SEC. 30. The Mayor and Town Council may by ordinance
passed by unanimous vote authorize the issuance of notes or
other evidences of indebtedness in anticipation of the collec-
tion of taxes of the current year or of special assessments, for
current expenses only. Such notes or other evidences of in-
debtedness shall mature within thirty days after such taxes
or assessments become collectable. The total issue of said
notes shall not exceed the total current taxes and special
assessments anticipated for that year.

SEC. 31. The Mayor and Town Council shall have power to
levy between January 1st and March 31st of each year, the tax
year commencing on the first day of January, a tax not to ex-
ceed $. 20 per $100. 00 assessed value of all real and personal
property within the town based upon the County assessments,
provided however, that the Mayor and Town Council shall
have power by ordinance to exempt not to exceed $500. 00 of
household goods of each person from taxation. The fiscal
year shall be the calendar year but the Mayor and Town Coun-
cil may levy sufficient funds to meet the anticipated expenses
of the town until the next years tax money is available. Such
taxes shall be due and payable on the first day of April and