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Session Laws, 1955
Volume 620, Page 499   View pdf image (33K)
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THEODORE R. McKELDIN, GOVERNOR                    499

lating the maximum amount of debt which may be incurred by
the municipal corporation of Sykesville pursuant to the provisions
of Section 5 of Article 11E of the Constitution of Maryland.

SECTION 1. Be it enacted by the General Assembly of Maryland,
That Section 362A of Article 7 of the Code of Public Local Laws of
Maryland (1930 Edition), title "Carroll County", sub-title "Sykes-
ville", said section having been added by Chapter 308 of the Acts of
1931, be and it is hereby repealed and re-enacted, with amendments,
to read as follows:

362A. The Mayor and Common Council of Sykesville be and they
are hereby authorized and empowered, whenever in their judgment
the needs of the town require, to borrow on the faith and credit of
the said town of Sykesville, sums [not to exceed in the aggregate
the sum of fifteen thousand dollars,] to be used for the municipal
purposes and to secure the same by the notes of the said the Mayor
and Common Council of Sykesville, executed on its behalf by the
Mayor and attested by the Clerk of the said Mayor and Common
Council of Sykesville, at the lowest rate of interest which they may
be able to secure. But every resolution passed by the Mayor and
Common Council of Sykesville providing for the borrowing of any
sums hereby authorized shall set out in particular the purposes for
which the money so borrowed is to be used, and said money so bor-
rowed shall not be used for any other purpose whatsoever than that
which is set out in the resolution providing for the borrowing of
the same.

SEC. 2. And be it further enacted, That the effectiveness of this
Act shall be subject to the requirement of Section 5 of Article 11E
of the Constitution of Maryland that no such local law shall become
effective in regard to a municipal corporation until and unless it
shall have been approved at a regular or special municipal election
by a majority of the voters of that municipal corporation voting on
the question.

SEC. 3. And be it further enacted, That this Act is hereby
declared to be an emergency measure and necessary for the imme-
diate preservation of the public health and safety and having been
passed by a yea and nay vote, supported by three-fifths of all the
members elected to each of the two Houses of the General Assembly
of Maryland, the same shall take effect from the date of its passage.

Approved April 11, 1955.

CHAPTER 327
(Senate Bill 529)

AN ACT to repeal and re-enact, with amendments, Section 107 (c)
of Article 52 of the Annotated Code of Maryland (1954 Supple-

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, 1955
Volume 620, Page 499   View pdf image (33K)
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