640 LAWS OP MARYLAND [CH. 251

of this section shall be paid from the taxes levied for the gen-
eral purpose of Chevy Chase Village. Levying or collecting any
special tax for the payment of these notes or other evidences of
indebtedness is expressly prohibited. The notes or other evi-
dences of indebtedness issued under the provisions of this sec-
tion need not be submitted to a vote of the qualified voters of
Chevy Chase Village. They shall not be deemed to be included
under the 3% bond limit established by this Act.

84 (122-11). (Borrowing Power—Library Hall and Post Office
Building. ) The Board of Managers is authorized and empower-
ed to mortgage or incumber the library and post office build-
ings and property owned by the said Chevy Chase Village in
an amount not to exceed $25, 000 at any one time, said power
to so incumber the aforesaid property shall be continuing; said
Board of Managers shall pay the interest, on said loan and make
curtail thereon from rentals derived from the aforesaid build-
ings and property and from the general tax levy. Curtails on
said liens to be made at the discretion of the Board of Man-
agers. The money obtained from such mortgages or incum-
brances shall be used for maintaining, repairing and improving
the property held by the said Board of Managers in the public
interest of said Chevy Chase Village. The Board of Managers
is further authorized and empowered in case of the destruction
of the buildings on said library and post office property due
to any cause not covered by insurance which shall be main-
tained on same, to mortgage and incumber the said property
for the reconstruction of said buildings in an amount sufficient
for said purposes; provided, however, that prior to the placing
of a mortgage or incumbrance for the said reconstruction of the
buildings necessitated by their destruction due to causes not
covered in the insurance policies placed on said buildings, a
referendum meeting is held of all qualified voters after reason-
able notice thereof and a vote of the majority of the qualified
voters present and voting authorizes the placing of an incum-
brance or mortgage on said library and post office property for
the purpose of reconstruction as aforesaid.

85. (122-12). (Authority to Contract with Chevy Chase Club. )
The Board of Managers of Chevy Chase Village shall have the
authority to enter into a contract in writing with the Chevy
Chase Club, a corporation organized under the laws of the
District of Columbia, for the renewal or extension of an exist-
ing contract entered into in compliance with the provisions of
Section 9 of Chapter 610 of the Acts of the General Assembly
of Maryland of 1914, said renewal or extension agreement to
provide for the payment by said club of the sum of Two Thou-
sand Dollars ($2, 000. 00) annually for an additional period of