. 1488 LAWS OF MARYLAND. [CH. 619

repealed and re-enacted with amendments so as to read as
follows:

1286. The County Commissioners of Prince George's County,
for the purpose of making any of the above mentioned im-
provements in any special improvement district or for the
maintenance of any municipal functions within any such dis-
trict, are hereby given full power and authority to borrow,
upon the faith and credit of Prince George's County, such
sum or sums as may be needed for the purposes above men-
tioned; to fix the maturity or maturities of any such debt;
the interest rate or rates, not exceeding five per centum (5%)
per annum, and manner and place of payment; and in each
instance to issue their bonds, notes or other evidences of in-
debtedness for the amount of the money so borrowed. Said
bonds, notes or other evidences of indebtedness shall be issued
in groups or series, each such group or series to be appropri-
ately identified with the special improvement district for the
improvement of which said money is being borrowed, and
said bonds, notes or other evidences of indebtedness may be
sold by the County Commissioners of Prince George's County
from time to time at public sale or by, private negotiation,
notwithstanding the provisions of Section 35 of Article 31 of
the Code of Public General Laws of Maryland (1939 Edition),
as amended. None of said bonds, notes or evidences of in-
debtedness shall be issued to mature over a longer period
than ten (10) years from date of issue, and they shall be
issued on an annual serial maturity plan so arranged as to
correspond as nearly as possible in amounts with the aggre-
gate amounts of special assessments and ad valorem taxes
levied in the district with respect to which they are issued,
as above provided, and the County Commissioners of Prince
George's County shall, by a proper resolution in each case,
provide for the issuance of said bonds, notes or evidences of
indebtedness and for the liquidation thereof and the interest
thereon by the application of the receipts of the special assess-
ments or ad valorem taxes levied in and received from the
special improvement district with respect to which said bonds,
notes or evidences of indebtedness are issued, and the County
Commissioners of Prince George's County shall, also, by said
resolution provide, in each case, that in the event the proceeds
of the collection of such special assessments or ad valorem
taxes are in any year insufficient for the purpose of paying
the principal and interest maturities of any such bonds, notes
or evidences of indebtedness, such deficiency shall be made up
by the County from the proceeds of unlimited ad valorem
taxes which it is hereby authorized and directed to levy upon
all assessable property within the corporate limits of the