THEODORE R. MCKELDIN, GOVERNOR 563
notes and/or bonds therefor for the purpose of con-
structing an addition to the Garrett County Memorial
Hospital.
SECTION 1. Be it enacted by the General Assembly of Maryland,
That the County Commissioners of Garrett County be and
they are hereby authorized to borrow upon the faith and
credit of said county the sum of Two Hundred Thousand
Dollars ($200, 000. 00) at a rate of interest not to exceed
three per centum (3%) per annum, and to issue notes
and/or bonds therefor, for the purpose of constructing an
addition to the Garrett County Memorial Hospital.
SEC. 2. And be it further enacted, That the said County
Commissioners are hereby authorized to borrow under the
provisions of this Act, from such bank, banker or trust
company, or from any other source, as they shall from time
to time select. The said County Commissioners are author-
ized to execute and deliver negotiable promissory notes,
certificates of indebtedness, or bonds of the County Com-
missioners of Garrett County, to be signed by the President
of said County Commissioners and the Treasurer of Gar-
rett County, with the seal of the said County affixed
thereto, in such denomination or denominations, payable at
such place and at such date or dates as the said County
Commissioners shall by resolution provide and/or to issue
and sell said notes, certificates of indebtedness, or bonds
upon the faith and credit of the County in such amount or
amounts as said Commissioners shall determine, but the
total amount of such notes and bonds issued under this Act
shall not exceed Two Hundred Thousand Dollars
($200, 000. 00).
The said notes, certificates of indebtedness and/or bonds
shall bear interest at such rate or rates, not exceeding
three per centum (3%) per annum, as shall be provided by
resolution of the County Commissioners, and in the event
of issuance of bonds to be evidenced by semi-annual coupons
attached to said bonds and bearing the facsimile signature
of the Treasurer of Garrett County. If bonds are issued,
the provisions of Sections 33 and 34 of Article 31 of the
Annotated Code of Maryland (1951 Edition), shall be
complied with. Said County Commissioners are authorized
to borrow under the provisions of this Act by selling the
negotiable promissory notes, certificates of indebtedness
and/or bonds herein authorized, at a discount less than the
principal amount thereof, provided that such discount shall
not exceed three per cent. (3%) per annum on the prin-
cipal of said loan. The said loan and every part thereof
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