1236                             LAWS OF MARYLAND                        [CH. 724

CHAPTER 724
(House Bill 196)

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AN ACT TO AUTHORIZE AND DIRECT THE STATE ROADS
COMMISSION TO REDEEM "STATE HIGHWAY CONSTRUC-
TION BONDS, SERIES B" TO PROVIDE FOR THE ISSUANCE
OF "STATE HIGHWAY CONSTRUCTION BONDS" FOR THE
PURPOSE OF REDEEMING "STATE HIGHWAY CONSTRUC-
TION BONDS, SERIES B", AND DIRECTING THAT AFTER
DECEMBER 1, 1955, THE PATUXENT RIVER BRIDGE
SHALL BE OPEN TO FREE PUBLIC USE, AND REPEALING
SO MUCH OF THE PROVISIONS OF CHAPTER 74 OF THE
ACTS OF 1949 AS IS IN CONFLICT WITH THIS ACT.

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEM-
BLY OF MARYLAND, THAT THE STATE ROADS COMMIS-
SION IS HEREBY AUTHORIZED AND DIRECTED TO REDEEM
ON DECEMBER 1, 1955, ALL OF THE OUTSTANDING BONDS
KNOWN AS "STATE HIGHWAY CONSTRUCTION BONDS,
SERIES B" IN ACCORDANCE WITH THE TERMS AND CON-
DITIONS OF SAID BONDS AND TO DO ALL ACTS AND TAKE
ALL SUCH STEPS AS ARE NECESSARY FOR SUCH REDEMP-
TION. THE STATE ROADS COMMISSION IS FURTHER AU-
THORIZED AND DIRECTED TO ISSUE AND SELL PURSUANT
TO THE PROVISIONS OF SECTIONS 162A ET SEQ. OF ARTICLE
89B OF THE ANNOTATED CODE OF MARYLAND (1951 ED.
AND 1954 SUPP.) AND WITHOUT THE APPROVAL OF THE
BOARD OF PUBLIC WORKS, "STATE HIGHWAY CONSTRUC-
TION BONDS" IN A PRINCIPAL AMOUNT SUFFICIENT TO
PAY IN FULL THE PRINCIPAL, ACCRUED INTEREST AND

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.