1272 LAWS OF MARYLAND [CH. 652
SESSABLE BASIS USED IN SUCH POLITICAL SUB-
DIVISION FOR THE PURPOSE OF CALCULATING
THE AMOUNT OF EQUALIZATION AID AND INCEN-
TIVE FUND AID FOR SCHOOL CONSTRUCTION
PURPOSES WHICH SUCH POLITICAL SUB-DIVI-
SION MAY BE ENTITLED TO RECEIVE, AND FOR
THE PURPOSE OF DETERMINING THE AMOUNT
OF FINANCIAL SUPPORT FROM SUCH POLITICAL
SUB-DIVISION TO MEET THE REQUIREMENTS
FOR PARTICIPATION IN THE EQUALIZATION AND
INCENTIVE FUNDS.
SEC. 2. And be it further enacted, That this Act shall
take effect July 1, 1953.
Approved April 27, 1953.
CHAPTER 652
(Senate Bill 566)
AN ACT to authorize the Mayor and City Council of
Cumberland, Maryland, to issue and sell coupon bonds
in the amount of One Hundred and Fifty Thousand
($150, 000. 00) Dollars, and to provide for the payment
of the interest thereon and the payment of the principal
thereof at maturity, to be known as "Cumberland Indus-
trial Highway Bonds of 1953", and to provide for the
use of the levying of a tax for the payment of the inter-
est thereon and the principal of said bonds at maturity,
and to provide for the expenditure of the proceeds from
the sale of said bonds, and to repeal all Acts or parts of
Acts inconsistent with the provisions, of this Act.
SECTION 1. Be it enacted by the General Assembly of Maryland,
That the Mayor and City Council of Cumberland be and it
is hereby authorized and empowered to issue bonds in the
amount of One Hundred and Fifty Thousand ($150, 000. 00)
Dollars, payable serially in such amounts annually as the
said Mayor and City Council shall by ordinance determine,
and to sell the same in whole or in parts and to apply the
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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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