E. LOUIS LOWE, ESQUIRE, GOVERNOR.

1852.

CHAPTER 267.

AN ACT to authorise the Mayor, Aldermen and
Common Council of Frederick, to borrow Money
on the credit of said Corporation, for the purpose

of introducing an additional supply of Water into
said city.

CHAP. 267.

Passed May
25, 1852.

WHEREAS, it is represented to this General Assem-
bly, by the mayor, aldermen and common council of
Frederick, that the supply of water to said city, by the
existing water works, is insufficient, and that said defi-
ciency can be supplied for the sum of twenty thousand
dollars; Therefore,

Preamble.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That the mayor, aldermen and common
council of Frederick, be, and they are hereby autho-
rised and empowered to borrow, on the credit of the
corporation of Frederick, any sum or sums of money,
not exceeding in the whole the sum of twenty thou-
sand dollars, for the purpose of introducing an addition-
al supply of water into said city, in such manner, and
on such, terms as they from time to time shall deem
proper and necessary; and it shall be lawful for any of
the banks of this State to make such loan or loans ;
and for the payment of such sum or sums of money,
the said mayor, aldermen and common council, be,
and they are hereby authorised and empowered, from
time to time, to levy upon the assessable property with-
in the taxable limits of Frederick, any sum or sums of
money which may be necessary to pay and discharge
the principal and interest of such loan or loans, and
collect the same as other corporation taxes are collected ;

Authority to
borrow mo-
ney.

Provided, that not more than two thousand dollars
shall be levied and collected for the purpose in anyone
year:

Proviso.

SEC. 2. And be it enacted, That this act shall lake
effect from the date of its passage.

In force.