274 LAWS OF MARYLAND. [CH. 316

said section was amended by Chapter 4 of the Acts of the
Special Session of 1944, be and it is hereby repealed and
re-enacted, with amendments, to read as follows:

, 77A.

(5) All net profits arising from the operation of
said dispensaries and branch dispensaries, as aforesaid,
shall be first applied toward payment of any and all sums,
advanced to or borrowed by the Liquor Control Board. After
such sums have been paid, the said Liquor Control Board
shall be authorized to create and maintain a reserve fund
not to exceed Twenty Thousand ($20, 000. 00) Dollars in-
cluding the total inventory of such stock and supplies on
hand, to provide adequate working capital and to meet
any losses that may be sustained by said Board in the
operations of such dispensaries. Sixty-six and two-thirds
(66 2/3%) per cent, of all net profits in excess of the above
shall belong to and be paid over to the County Commis-
sioners of Kent County on or before December 31 of each
and every year, the remaining thirty-three and one-third
(33 1/3%) per cent, of all net profits shall on or before
December 31 of each and every year, be paid to the gov-
erning body of each of the several incorporated towns of
Kent County in which dispensaries are located, pro rata,
in the proportion that the profits derived from the sale of
alcoholic beverages in said incorporated towns bears to
the total amount to be paid over to said incorporated towns.
The governing body of the Town of Betterton shall use its
share of the receipts from the dispensary located in said
town for improving the sewerage system and when these
improvements have been completed, then for improving
the water supply system, and such receipts shall not be
used for any other purpose until the said improvements
have been made. The governing body of the Town of
Galena shall use its share of the receipts from the dis-
pensary located in said town for installing water mains
and contracting for securing water or for purchasing a
water supply, and such receipts shall not be used for any
other purpose until the said improvements have been made.

SEC. 2. And be it further enacted, That this Act is
hereby declared to be an emergency law and" necessary for
the immediate preservation of the public health and safety,
and being passed upon a yea and nay vote, supported by
three-fifths of all of the members elected to each of the
two Houses of the General Assembly, the same shall take
effect from the date of its passage.

Approved March 24? 1945.