WM. PRESTON LANE, JR., GOVERNOR. 73

purposes, as if they had remained in office until such
delivery.

SECTION 2. And be it further enacted, That the Mayor
and Council of Easton shall offer said bonds for sale in
all respects subject to the provisions of Sections 34 to 36
inclusive of Article 31 of the Annotated Code of Maryland,
as amended, but shall have the privilege of additional
advertising than that provided for in said sections, and
no bid shall be accepted at less than par and accrued inter-
est. The entire issue of bonds may be offered at one time,
or they may be offered in varying amounts at different
intervals, as may appear most advantageous to The Mayor
and Council of Easton; and no part of the money arising
from the sale of said bonds shall be used for any other pur-
poses than those designated and provided for in this Act,
except that any accrued interest shall be set aside for the
payment of the first maturing coupons, and that the cost of
the engraving or printing of said bonds, advertising costs,
legal fees, and any other expenses incidental to the issu-
ance and sale of said bonds may be paid out of said pro-
ceeds.

SECTION 3. And be it further enacted, That for the pur-
pose of paying the principal and interest on said bonds as
they respectively mature and become payable, The Mayor
and Council of Easton shall levy annually upon all of the
assessable property in the Town of Easton a tax sufficient
to pay the annual interest on all of said bonds outstanding
from time to time and to pay the principal of said bonds
as they mature, said taxes to be collected as other taxes
levied in said Town are collected. Said taxes shall be in
addition to all other taxes authorized by law and shall not
be subject to any existing limitations upon the taxing power
of The Mayor and Council of Easton and are expressly
exempted from the provisions of Sections 169, 203, 204
and 206 of Article 21 of the Code of Public Local Laws
of Maryland.

SECTION 4. And be it further enacted, That the bonds
issued under the authority of this Act and the interest
thereon shall be exempt from State, County and Municipal
taxation in the State of Maryland.

SECTION 5. And be it further enacted, That this Act is
hereby declared to be an emergency law, and necessary
for the immediate preservation of the public health and
safety, and being passed upon a yea and nay vote sup-
ported by three-fifths of all the members elected to each