HERBERT R. O'CONOR, GOVERNOR. 1131

sand Dollars ($400, 000. 00) and to issue bonds for the pay-
ment of same and to use the proceeds thereof for the pur-
pose of acquiring and constructing a sanitary sewerage sys-
tem, sewage treatment plant, garbage incinerator plant
and the lands, improvements and rights necessary therefor
and all expenses incidental thereto, to levy upon all assess-
able property in the City of Salisbury and collect taxes
thereon in an amount sufficient to pay the principal and
interest on said bonds, to authorize and provide for the ac-
quisition, construction, operation and maintenance of said
projects and the lands, improvements and rights necessary
therefor, to provide for the maintenance and operation of
said projects, in part, from water funds, exempting this Act
and the bonds issued thereunder from the provisions of Sec-
tions 33-36, inclusive, of Article 31 of the Annotated Code
of Maryland (1939 Edition), and directing that the ques-
tion as to the issuance of said bonds be submitted to the
voters of the City of Salisbury, and appointing a Commis-
sion, to expend the proceeds from the sale of sail bonds.

SECTION 1. Be it enacted y the General Assembly of Mary-
land, That for the purpose of providing funds for the acquisi-
tion, construction, design and establishment of a sanitary
sewerage system, sewage treatment plant and garbage inciner-
ator plant, including the machines, tanks, devices, pipe and all
mechanical, electrical and chemical equipment and supplies,
lands, improvements, water courses, water rights and other
property necessary therefor, and all other expenses incidental
thereto, either within or outside the corporate limits of the
City of Salisbury, The Mayor and Council of Salisbury be, and
it is hereby authorized and empowered to borrow from time
to time a sum or sums of money not exceeding in the aggre-
gate Four Hundred Thousand Dollars ($400, 000. 00), upon
the faith and credit of the City of Salisbury, and to issue and
sell serial bonds therefor, which said bonds shall be known as
"Salisbury, Maryland, Incinerator & Sewage Treatment Plant
Bonds".

SEC. 2. And be it further enacted, That the said bonds to
be issued 'from time to time under this Act shall be either
registered or coupon bonds, issued in such denominations as
shall be determined by the Mayor and Council of Salisbury by
ordinance, shall bear interest at a rate not exceeding four per
centum (4%) per annum, payable semi-annually, shall all be
serial type bonds, and shall all mature in not exceeding thirty-
five (35) years from the date of issue, and shall be forever
exempt from State, County and Municipal taxation. Said
bonds shall be signed by the Mayor of Salisbury or the Presi-
dent of the Council of Salisbury, with the seal of the City at-