THEODORE R. MCKELDIN, GOVERNOR 35

WHEREAS, this question was in fact submitted to the
voters of the town at a special election held on May 5, 1951,
the question being carried in the affirmative by a vote of
200 "For" and 23 "Against"; and

WHEREAS, some question might arise concerning the
validity of this referendum vote held on May 5, 1951 by
reason of the fact that said Chapter 332 by its terms did
not become effective until June 1, 1951; and

WHEREAS, in order to remove any doubt about the effec-
tive power of the town of Woodsboro to borrow for the
purpose of constructing and installing a water supply
system for said town, it is desirable to re-enact the pro-
visions of Chapter 332 of 1951 and to validate any action
taken thereunder; now therefore

SECTION 1. Be it enacted by the General Assembly of
Maryland, That Chapter 332 of the Acts of the General
Assembly of 1951 be and the same is hereby repealed.

SEC. 2. And be it further enacted, That any and all acts
performed or action taken pursuant to the provisions of
said Chapter 332 of 1951 be and the same are hereby rati-
fied and confirmed as having been legally taken and per-
formed.

SEC. 3. Be it enacted by the General Assembly of Mary-
land, That the Burgess and Commissioners of Woodsboro
be and it is hereby authorized to borrow on the faith and
credit of said town an amount not to exceed One Hundred
Thousand Dollars ($100, 000. 00) and from time to time to
issue and sell serial coupon bonds therefor, said bonds to
be signed by the Burgess and countersigned by the Com-
missioners and with the seal of said town affixed thereto.
The entire proceeds of such bonds, after payment of costs
of engraving and all other incidental expenses connected
with the issuance of such bonds, shall be used for the
purpose of constructing and installing a water supply sys-
tem for said town.

SEC. 4. And be it further enacted, That said bonds if
issued shall be issued in such denominations as shall be de-
termined by the said Burgess and Commissioners, and
shall bear interest at a rate to be determined by said Bur-
gess and Commissioners, not in excess of four percent.
(4%) per annum. The issue of said bonds must comply
strictly with the provisions of Sections 35 and 36 of