15-12 LAWS OF MARYLAND. [CH. 644

or more subsequent referenda all or any part of the authority
hereby conferred.

SEC. 10. And be it further enacted, That this Act is hereby
declared to be an emergency law and necessary for the im-
mediate preservation of the public health and safety, and
having been passed upon by 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 of Maryland, the same
shall take effect from the date of its passage.

Approved April 29, 1949.

CHAPTER 644
(House Bill 730)

AN ACT relating to the County Commissioners of Baltimore
County; authorizing and empowering said county to borrow
money from time to time, and at any time, to finance the con-
struction, acquisition, improvement or extension of certain
public facilities as herein defined, and to effect such borrow-
ing by the issuance and sale to the highest bidder or
bidders at public sale of its bonds upon its full faith and
credit, subject to the limitations that certain of said bonds
shall be subject to referendum and that at no time shall
the total par value of bonds issued and proposed to be issued
under this Act plus the par value of certain other authorized
or outstanding bonds of the county exceed an amount equal
to seven per centum (7%) of the then assessed value of all
taxable real and personal property in said county; em-
powering said county to fix and determine, by resolution,
the form, tenor, interest rate or method of arriving at the
same, terms, including redemption and registration pro-
visions, conditions, maturities, and all other details in-
cident or necessary to the issuance, public sale and de-
livery of said bonds, without reference to any other law
heretofore enacted; prescribing the method and manner of
selling said bonds at public sale; empowering said county,
subject to certain limitations, to sell said bonds, at, above
or below the par value thereof; empowering said county to
refund any of said bonds purchased or redeemed in ad-
vance of maturity; empowering said county to contract to
levy or to levy, impose or fix unlimited ad valorem taxes,
to provide funds for the payment of maturing principal
and interest on said bonds and said refunding bonds;