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Session Laws, 1953
Volume 606, Page 463   View pdf image (33K)
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THEODORE R. MCKELDIN, GOVERNOR 463

provement herein designated. Nothing herein shall be
construed as preventing said joint boards from contracting
to have any of said improvements made or done at less
than the sum herein appropriated therefor.

SEC. 5. And be it further enacted, That for the purpose
of paying the principal and interest on said bonds as they
respectively become payable and mature, the County Com-
missioners of Wicomico County shall levy, for the first year
following the date of the issue of said bonds, and annually
thereafter until all of said bonds shall mature and be paid,
an ad valorem tax upon all the property in Wicomico
County, Maryland subject to assessment for taxation by
the County Commissioners of Wicomico County sufficient
to pay the annual interest on said bonds outstanding from
time to time, and to pay the principal of said bonds as they
mature, said taxes to be collected as other taxes levied in
said County are collected, and to be used for no other pur-
pose. Said tax shall be in addition to all other taxes author-
ized or limited by law.

SEC. 6. And be it further enacted, That all bonds issued
under the authority of this Act shall be exempt from taxa-
tion by the State of Maryland and by the counties and
municipalities of said State.

SEC. 7. And be it further enacted, That this Act is hereby
declared to be an acute emergency measure and necessary
for the immediate preservation of the public health and
welfare and having been passed by a yea and nay vote,
supported by three-fifths of all of the members elected to
each of the two Houses of the General Assembly, the same
shall take effect from the date of its passage.

Approved March 31, 1953.


CHAPTER 255
(House Bill 549)

AN ACT to repeal and re-enact, with amendments, Section
33B of Article 14 of the Code of Public Local Laws of

——————

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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Session Laws, 1953
Volume 606, Page 463   View pdf image (33K)
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