HERBERT R. O'CONOR, GOVERNOR. 407
of four per cent. (4%) per annum, payable semi-annually,
shall be dated on the date of their issue and shall mature not
exceeding thirty years from the date of their issue, or may be
retired serially as said Mayor and City Council may determine.
Said bonds shall be exempt from all state, county and munic-
ipal taxation. They shall be signed by the Mayor and counter-
signed by the Treasurer, and attested by the clerk to the City
Council with the corporate seal of the town of Laurel attached.
SEC. 3. And be it further enacted, That the Mayor and City,
Council of Laurel be and it is hereby authorized and directed
to levy each year so long as said bonds are outstanding and
not paid a tax sufficient to redeem the same at their maturity
and to pay the interest thereon, the proceeds of said tax to be
kept in a special fund and in no case to be used for any other
purpose. In case such bonds shall be issued in any year after
the making of the regular levy for that year, then the Mayor
and City Council of Laurel is authorized and directed to pay
any and all interest coming due before the next levy out of any
other funds in its disposal and to levy at the next succeeding
levy, to reimburse such other funds.
SEC. 4. And be it further enacted, That the Mayor and City
Council of Laurel be and it is hereby authorized and empowered
to do all acts and things necessary to issue and sell said bonds,
to have the same registered if necessary, and to do all things
necessary to carry out the purposes of this Act, even though
the same may not be specifically mentioned herein or in the
charter of the town of Laurel or in any other Act relating to
the said town.
SEC. 5. And be it further enacted, That the bonds author-
ized to be issued under this Act shall be in addition to any
bonds authorized to be issued by the Mayor and City Council
of Laurel under the terms of Chapter 814 of the Acts of 1941.
SEC. 6. And be it further enacted, That this Act shall take
effect June 1, 1943.
Approved May 7, 1943.
CHAPTER 369.
(House Bill 488)
AN ACT to repeal and re-enact, with amendments, Section 20
of Article 51 of the Code of Public General Laws> of Mary-
land (1939 Edition), title "Juries", relating to the pay of
Montgomery County jurors.
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