THEODORE R. MCKELDIN, GOVERNOR 437

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 issuance and sale of said bonds may be
paid out of said proceeds.

SEC. 3. And be it further enacted, That for the purpose
of paying the principal and interest of said bonds as they
respectively mature and become payable, The Mayor and
Council of Easton shall levy annually upon all the assess-
able property in the Town of Easton a tax, the amount
of which, together with any special assessment taxes,
sewer rentals, water rentals and other income, shall be
sufficient to pay the interest on all of said bonds out-
standing 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 Sec-
tions 169, 203, 204 and 206 of Article 21 of the Code of
Public Local Laws of Maryland.

SEC. 4. And be it further enacted, That the bonds is-
sued under the authority of this Act and the interest there-
on shall be exempt from State, County and Municipal tax-
ation in the State of Maryland.

SEC. 5. And be it further enacted, That this Act shall
take effect June 1, 1951.

Approved March 24, 1951.

CHAPTER 172
(Senate Bill 164)

AN ACT to amend the Charter of Easton by adding six
new sections to Article 21 of the Code of Public Local
Laws of Maryland (1930 Edition), title "Talbot

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EXPLANATION: Italics indicate new matter added to existing law.

[Brackets] indicate matter stricken from existing law.
CAPITALS indicate amendments to bill.
Strike out indicates matter stricken out of bill.