HERBERT R. O'CONOR, GOVERNOR. 553

lected taxes for the preceding year, and to pay interest on
such loan at the lowest available rate; provided, however,
that in no case shall such interest rate exceed six (6%)
per cent, per annum. Said loan and the interest thereon
are to be repaid from said taxes as they are collected. If
said tax collections shall prove insufficient to retire all of
said indebtedness within the calendar year in which said
borrowing shall have taken place, said Council shall include
in the levy for the following year a sum sufficient to repay
the balance and the interest thereon.

SEC. 2. And be it further enacted, That any law, or
part thereof, inconsistent with this Act, be and it is here-
by repealed to the extent of such inconsistency.

SEC. 3. And be it further enacted, That this Act shall
take effect June 1, 1941.

Approved April 23, 1941.

CHAPTER 346.
(Senate Bill 305)

AN ACT to repeal and re-enact, with amendments, Sub-
section (9) of Section 13 and Section 27 of Article 2B
of the Annotated Code of Maryland (1939 Edition), title
"Alcoholic Beverages", sub-title "Licenses", relating to
statement in application for license as to previous con-
viction of certain law violations and procedure as to
renewals in such cases.

(Vetoed. )

CHAPTER 347.

(Senate Bill 321)

AN ACT to repeal and re-enact with amendments Sub-
section or Paragraph numbered, 5 of Section 301 of
Article I of the Code of Public Local Laws of Maryland,
under the title "Allegany County", sub-title "Alcoholic
Beverages", as the same was enacted by Chapter 5 of the