WM. PRESTON LANE, JR., GOVERNOR. 591
Section 154, Chapter 317 of the Acts of 1945, of Article
10, of the Code of Public Local Laws of Maryland (1930
Edition), title "Dorchester County", sub-title "Board of
Estimates", as amended by Section 153, Chapter 178 of
the Acts of 1947, and Section 154, Chapter 317 of the Acts
of 1945, be, and they are hereby, repealed and re-enacted,
with amendments, to read as follows:
153. The Board of County Commissioners of Dorches-
ter County shall not after the first day of May, 1916,
create any obligation or liability on the part of or on the
credit of the county, which shall be a floating debt, and
no temporary loan shall be made to pay any deficiency
arising from a failure to realize sufficient income from
revenue and taxation to meet the amounts provided for
in the said list of estimates; but the Board of County
Commissioners may temporarily borrow money on promis-
sory note or notes on the faith and credit of Dorchester
County, for the use of the county in anticipation of the
receipt of taxes levied for any year, provided that they
shall not in the manner and for the purpose aforesaid
borrow in the aggregate more than one hundred and
twenty-five ($125, 000. 00) thousand dollars, and such sum
or any part thereof so borrowed shall all be repaid and
such demand fully satisfied on or before the first day of
December following the beginning of the fiscal year in
which said money is so borrowed, and the said Board of
County Commissioners shall not borrow any money for
any purpose between the first day of December and the
thirty-first day of December ensuing, or the close of the
said fiscal year, except, however, such certificates of
indebtedness that may be issued from time to time by the
said County Commissioners upon the faith and credit of
Dorchester County (1) for the maintenance and support
of the public schools of said county and (2) for the main-
tenance and repairs of the county roads, bridges and
ferries therein, not exceeding two hundred and twenty-
five ($225, 000. 00) thousand dollars in any one fiscal year
as provided by the succeeding Section 154 of this Article.
In case of any deficiency in revenue and taxation to meet
the amount provided in the said estimates, there shall be
a pro-rata abatement of all appropriations except for the
payment of the State taxes and the principal and interest
of the county debt, and in case of any surplus arising in
any fiscal year, by reason of excess of income received
from the estimated revenue over the expenditures for such
years, the said surplus shall be passed by the Board of
County Commissioners to a fund which shall be a part
of the revenue for the ensuing fiscal year.
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