1026 LAWS OF MARYLAND [CH. 325

not exceeding One Hundred Twenty-five Thousand Dollars
($125, 000. 00), in the aggregate, upon the faith and credit
of Caroline County for the construction, improvement,
renovation, alteration, repair and equipping of new and
existing school buildings in Caroline County and to issue
its promissory note or notes or other evidence or evidences
of indebtedness therefor.

SEC. 2. And be it further enacted, That said Board of
County Commissioners is hereby authorized and empow-
ered to borrow said monies from any source in its discre-
tion, and the proceeds of any loans so negotiated shall be
paid to the County Treasurer and shall be set apart by
him in an account or accounts to the credit of "Supple-
mental Public School Funds of Caroline County, " and shall
be disbursed by him only for the purposes herein author-
ized, and upon the joint order of the Board of County Com-
missioners and the Board of Education of Caroline County.

SEC. 3. And be it further enacted, That the Board of
Education of Caroline County, with the joint approval of
the Board of County Commissioners of Caroline County,
is hereby authorized and empowered to enter into all con-
tracts, including architects, contractors, builders, equip-
ment dealers or others necessary in the execution and com-
pletion of the projects for which said funds are herein
provided, and to do all acts and things necessary to carry
out the powers conferred by this section from time to time.

SEC. 4. And be it further enacted, That for the purpose
of paying the principal and interest of said funds bor-
rowed under the provisions of this Act, the Board of Coun-
ty Commissioners shall levy annually upon the assessable
property in said County an amount which shall be suffi-
cient to pay all interest due on said amounts borrowed,
and to repay the principal thereof from time to time as
may be deemed desirable and necessary.

SEC. 5. And be it further enacted, That this Act is here-
by declared to be an emergency measure and necessary for
the immediate preservation of the public health and safety
and having been passed by a yea and nay vote, supported
by three-fifths of all 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 13, 1951.