THEODORE R. MCKELDIN, GOVERNOR 1695

Maryland of 1918, be and it is hereby authorized and em-
powered to issue bonds of said Sanitary District in an aggre-
gate principal amount not exceeding Six Million, Five Hun-
dred Thousand Dollars ($6, 500, 000), which bonds shall be in
addition to any bonds authorized to be issued under said
Chapter 122, or any amendments thereof, or under any other
Act of the General Assembly of Maryland, and shall be regis-
tered or coupon bonds, in such denomination or denominations
as shall be determined by said Commission, and shall bear in-
terest at a rate or rates not exceeding four per centum (4%)
per annum, payable semi-annually, and shall be retired serially,
the last bond to be retired not later than forty (40) years from
the date of issue. Said Commission may offer for sale and
issue such bonds, from time to time, as its necessity requires.
Said bonds shall be executed and issued under the same pro-
visions, limitations and restrictions, applicable to the bonds
heretofore issued by said Commission under the provisions of
said Chapter 122, as amended, except that the said bonds shall
not be subject to the limitation in said Chapter 122, as
amended, on the amount of bonds that may be issued and shall
not be included in computing the amount of bonds that may
be issued under said Chapter 122, as amended, and said bonds
shall be forever exempt from taxation by the State of Maryland
and by the counties and municipalities in said State. The said
bonds shall be guaranteed, as to the payment of principal and
interest, by the County Council and by the County Commission-
ers of both Montgomery and Prince George's Counties, which
guarantee shall be in the form and under the provisions of Sec-
tion 5 of said Chapter 122, or any amendment thereof.

SEC. 2. And be it further enacted, That the proceeds of said
bonds shall be used for the purpose of enlarging, increasing
and augmenting the water supply of the area served by said
Commission, including the construction or enlargement of any
impounding reservoir, filter plant or pumping station, and all
the necessary pipe lines and accessories appurtenant thereto,
AND THE CONSTRUCTION OF MAJOR SUPPLY LINES
AND REINFORCING MAINS.

SEC. 3. And be it further enacted, That for the purpose of
retiring bonds authorized to be issued by this Act, and pay-
ment of the interest thereon, there shall be levied against all
of the assessable property within the Sanitary District, by the
County Council and by the County Commissioners of Mont-
gomery and Prince George's Counties, annually so long as said
bonds are outstanding and not paid, a tax sufficient to meet
the interest on said bonds, and to pay the principal thereof as
the said principal and interest mature or become due; said tax
shall be determined, levied, collected and paid over to said