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Session Laws, 1950
Volume 587, Page 356   View pdf image (33K)
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356 LAWS OF MARYLAND [CH. 61

SEC. 4. And be it further enacted, That The Mayor and
Council of Salisbury shall annually levy upon all the assess-
able property liable to taxation in the City of Salisbury
at the regular tax levying period an amount sufficient to
meet and pay the interest on said bonds so issued and out-
standing, and to meet and pay the principal of said bonds
as they shall severally become due from time to time, which
tax shall be levied and collected, and shall have the same
priority rights, bear the same interest and penalties and
in every respect be treated the same as other City taxes
now are. Said amount so levied and collected shall be kept
in a sinking fund and used for the payment of said inter-
est and principal and for no other purpose whatsoever.

SEC. 5. And be it further enacted. That this Act is hereby
declared to be an emergency law, necessary for the immediate
preservation of the public health and safety and having been
passed by yea and nay vote supported by three-fifths of all
the members elected to each of the two Houses of the General
Assembly of Maryland, the same shall take effect from the
date of its passage.

Approved March 28, 1950.

CHAPTER 61

(Senate Bill 158)

AN ACT to add ten new sections to Article 77 of the
Annotated Code of Maryland (1947 Supplement), title
"Public Education", sub-title "University of Maryland",
said new sections to be known as Sections 235A-235J, in-
clusive, and to follow immediately after Section 235 of
said Article, creating the University of Maryland Build-
ing Authority, authorizing said Authority to construct
buildings for the University of Maryland at College Park
and in Baltimore City and to impose charges or fees for
the use thereof, authorizing the issuance of revenue bonds
of said Authority, to be payable solely from the fees,
charges and other revenues imposed by said Authority
for the use of said buildings constructed under the powers

EXPLANATION: Italics indicate new matter added to existing law.

[Brackets] indicate matter stricken from existing law.
CAPITALS indicate amendments to bill.
Strike-out indicates matter stricken out of bill.


 

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Session Laws, 1950
Volume 587, Page 356   View pdf image (33K)
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