WM. PRESTON LANE, JR., GOVERNOR. 123
CHAPTER 103
(Senate Bill 204)

AN ACT to authorize and empower The Mayor and Coun-
cil of Salisbury to borrow upon the faith and credit of
Salisbury a sum or sums of money not exceeding Four
Hundred Thousand dollars ($400, 000. 00) and to issue
bonds for the payment of same and to use the proceeds
thereof for the purpose of acquiring and constructing
a sanitary sewerage system, sewage treatment plant,
garbage incinerator plant and the lands, improvements
and rights necessary therefor and all expenses inci-
dental thereto, to levy upon all assessable 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 acquisition,
construction, operation and maintenance of said projects
and the lands, improvements and rights necessary there-
for, establishing and appointing the "Salisbury Incin-
erator and Sewage Treatment Plant Commission" to
expend the proceeds from the sale of said bonds and pre-
scribing the powers and duties of said Commission and
repealing Chapter 890 of the Acts of the General Assem-
bly of Maryland, 1945 Session.

SECTION 1. Be it enacted by the General Assembly of Maryland,
That for the purpose of providing funds for the acquisi-
tion, construction, design, and establishment of a sewage
treatment plant and garbage incinerator plant, including
the machines, tanks, devices, pipe and all mechanical,
electrical and chemical equipment and supplies, lands, im-
provements, water courses, water rights and other prop-
erty 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 aggregate 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 and 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 denom-
inations as shall bear interest at a rate not exceeding four
per centum (4%) per annum, payable semi-annually, shall