THEODORE R. MCKELDIN, GOVERNOR 291

period an amount sufficient to meet and pay the interest
on said note, notes or other evidence of indebtedness so
issued and outstanding and to meet and pay the principal
of said note, notes or other evidence of indebtedness as they
shall severally become due from time to time, which tax
shall be levied and collected and shall have the same prior-
ity rights, bear the same interest and penalties and in every
respect be treated the same as other City taxes now are.

SEC. 4. And be it further enacted, That this Act is here-
by declared to be an emergency law and necessary for the
immediate preservation of the public health and safety and
having been passed upon by a yea and nay vote, supported
by three-fifths of all the members elected to each of the two
Houses of the General Assembly of Maryland, the same
shall take effect from the date of its passage.

Approved March 27, 1953.

CHAPTER 144
(House Bill 443)

AN ACT to authorize and empower the Mayor and Council
of Easton to borrow upon the faith and credit of the
Town of Easton a sum not exceeding Five Hundred
Thousand Dollars ($500, 000. 00) at a rate of interest
not exceeding Five (5%) per cent and to issue and sell
coupon bonds therefor, and to provide generally the
terms of said bonds and the terms and manner of the
sale thereof; to provide that the proceeds thereof shall
be used for the purpose of providing additional equip-
ment, for making improvements, replacements, addi-
tions and repairs to the electric system and plant of the
Town of Easton; exempting said bonds from State,
County and Municipal taxes and from the provisions of
Sections 169, 203, 204 and 206 of Article 21 of the Code
of Public Local Laws of Maryland; and to provide for
the payment of said bonds, both principal and interest,
by the levy of taxes upon all taxable property in the
Town of Easton.

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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.