1780 LAWS OF MARYLAND. [CH. 930

light and power system, as herein defined; conferring powers
and imposing duties on the Mayor and Council of Crisfield
with reference to said municipal electric light and power
system; authorizing and empowering the Mayor and Coun-
cil of Crisfield to provide funds for paying the cost of
acquisition and purchase of said municipal electric light
and power system, as herein defined, by the issue and sale
of its revenue bonds, notes or certificates not exceeding Five
Hundred Thousand Dollars ($500, 000. 00) aggregate par
amount, payable as to principal and interest solely from
the earnings of said municipal electric light and power
system, providing that no debt of the Mayor and Council
of Crisfield shall be incurred or created in the exercise of
any of the powers herein granted nor shall the faith and
credit of said municipality be pledged, except to the extent
of the revenues derived from time to time from said munic-
ipal electric light and power system, nor shall the taxing
power of said municipality be pledged to any extent in the
issue of said revenue notes, bonds or certificates; providing
for the establishment of a scale of charges for the service
of said municipal electric light and power system and for
the collection of said charges and the application thereof
to the cost of maintenance, operation and repair of said
municipal electric light and power system and to the pay-
ment of principal and interest of said revenue bonds, notes
or certificates herein authorized; authorizing the said munic-
ipality to secure the payment of said principal and interest
by a conveyance of or mortgage on. said municipal electric
light and power system or by a pledge of the revenues
derived therefrom; authorizing said municipality to deter-
mine the form and tenor of said revenue bonds, notes or
certificates and the method and manner of the issue and
sale thereof; exempting said revenue bonds, notes or certifi-
cates from all taxation in this State; authorizing the issu-
ance of revenue refunding bonds, notes or certificates by the
Mayor and Council of Crisfield; suspending the power of1
said municipality to grant certain franchises while any of
said revenue bonds, notes or certificates are outstanding,
and providing that none of the powers herein granted shall
be exercised without the approval of the Public Service
Commission of Maryland first had and obtained in the
manner prescribed by law, and until after a referendum.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That twenty-four new sections be and they are hereby
added to Article 20 of the Code of Public Local Laws of Mary-
land (1930 Edition), title: "Somerset County", sub-title
"Crisfield", said new sections to be known as Sections 116A,