568 LAWS OF MARYLAND. [CH. 205
CHAPTER 205

(Senate Bill 92)

AN ACT to repeal and re-enact; with amendments, Section
5 of Chapter 15 of the Acts of the General Assembly of
Maryland, passed at its Extraordinary Session in the
year 1948, to clarify certain of the provisions of said
Chapter 15 and to make possible the application of cer-
tain funds therein referred to, in excess of the amounts
needed to pay principal and interest on the bonds there-
by authorized, to the maintenance of public schools and
roads.

WHEREAS, by the provisions of Chapter 15 of the Acts
of the General Assembly of Maryland, passed at its Ex-
traordinary Session in the year 1948, the County Commis-
sioners of Carroll County were authorized and empowered,
at their discretion, to issue school bonds and road bonds
not exceeding for each the amount of One Million Five
Hundred Thousand Dollars ($1, 500, 000. 00); and

WHEREAS, by Section 5 of said Act the County Commis-
sioners of Carroll County were directed to apply to the
payment of the interest and principal of the school bonds
and the road bonds all of certain moneys received under
the provisions of other Acts; and

WHEREAS, it now appears that there will be surplus in
the funds established with moneys received under said
other Acts, in excess of the amounts needed annually for
debt service on the bonds authorized by said Chapter 15,
and it is desirable that such excess funds be available for
the purposes set forth in such other Acts, including cur-
rent construction and maintenance; and

WHEREAS, amendment of said Chapter 15 to clarify said
Section 5 thereof so as to permit such use of said excess
funds will not change the substance of said Chapter 15 as
approved by the qualified voters of Carroll County at the
election on November 2, 1948, as provided by said Chapter
15; therefore

SECTION 1. Be it enacted by the General Assembly of Maryland,
That Section 5 of Chapter 15 of the Acts of the General
Assembly of Maryland, passed at its Extraordinary Session
in the year 1948, be and the same is, hereby repealed and
re-enacted, with amendments, to read as follows:

5. The bonds hereby authorized shall constitute, and
they shall so recite, an irrevocable pledge of the full faith