690 LAWS OF MARYLAND [CH. 266
WHICH ALL RECEIPTS FROM THE TAX IMPOSED
BY THIS SUB-TITLE SHALL BE CREDITED ON THE
BOOKS OF THE COUNTY TREASURER OF GARRETT
COUNTY.
(B) THE NATURAL GAS FUND SHALL BE ALLO-
CATED AND PAID OUT FOR THE FOLLOWING PUR-
POSES AND IN THE ORDER HEREIN SET OUT: (1)
FIFTEEN PER CENT (15%) OF THE RECEIPTS
FROM THE TAX RECEIVED FROM GAS PRODUCED
WITHIN THE CORPORATE LIMITS OF ANY INCOR-
PORATED TOWN IN GARRETT COUNTY SHALL BE
PAID TO CORPORATE OFFICIALS OF SAID TOWN;
(2) THE FIRST FIFTY THOUSAND DOLLARS ($50, -
000. 00), OR AS MUCH THEREOF AS SHALL BE RE-
CEIVED EACH YEAR, SHALL BE USED TOWARDS
THE LIQUIDATION OF THE PRESENT INDEBTED-
NESS OF GARRETT COUNTY FOR PUBLIC SCHOOL
BUILDING PURPOSES; (3) THE NEXT TWENTY-
FIVE THOUSAND DOLLARS ($25, 000. 00) OF RE-
CEIPTS FROM SAID TAX, OR SO MUCH THEREOF
AS SHALL BE RECEIVED EACH YEAR, SHALL BE
USED TOWARDS THE PAYMENT OF THE EX-
PENSES OF MAINTENANCE AND OPERATION OF
THE GARRETT COUNTY MEMORIAL HOSPITAL;
(4) THE BALANCE, IF ANY, OF SAID RECEIPTS
EACH YEAR SHALL BE PLACED IN A NEW SCHOOL
BUILDING REPAIR AND/OR ADDITION FUND TO
BE EXPENDED BY THE COUNTY COMMISSIONERS
AND THE BOARD OF EDUCATION OF GARRETT
COUNTY AS THEY MAY DEEM EXPEDIENT AND
NECESSARY, SUBJECT TO THE APPROVAL OF THE
STATE SUPERINTENDENT OF SCHOOLS.
SEC. 2. AND BE IT FURTHER ENACTED, THAT
THIS ACT SHALL TAKE EFFECT JUNE 1, 1951.
Approved March 31, 1951.
CHAPTER 266
(Senate Bill 187)
AN ACT to add a new Section to Article 31 of the Anno-
tated Code of Maryland (1939 Edition), title "Debt—
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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.
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