36 Laws of Maryland [Chs. 4, 5
neers, attorneys, construction and financial experts and such other
employees and agents as may be necessary in the opinion of its
Board of Regents and to fix their compensation; provided that all
such acts and agreements shall be payable solely from the proceeds
of revenue bonds issued under the provisions of this sub-title or
from revenues otherwise provided;
(f) To receive and accept from the United States of America or
any agency thereof grants for or in aid of the construction of the
project authorized to be constructed in Baltimore, or any part there-
of, and to receive and accept in connection therewith aid or contri-
butions from any source of either money, property, labor or other
things of value, to be held, used and applied only for the purpose for
which such grants and contributions may be made; and
(g) To do all acts and things necessary or convenient to carry out
the powers expressly granted in this sub-title.
Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1956.
Approved March 26, 1956.
CHAPTER 5
(Senate Bill 5)
AN ACT authorizing and empowering the County Commissioners
of Harford County to borrow upon the faith and credit of Harford
County a sum of money not to exceed One Million Five Hundred
Thousand Dollars ($1,500,000.00) at a rate of interest not to ex-
ceed five per cent, and to issue notes and/or bonds therefor, for
the purpose of erecting and equipping school buildings and build-
ing additions to existing school buildings, and equipping same;
and providing for the levying of taxes by said County Commis-
sioners to repay the loan and interest thereon, and providing that
said loan and every part thereof and the interest payable thereon,
shall remain exempt from State, County and municipal taxation.
Section 1. Be it enacted by the General Assembly of Maryland,
That the County Commissioners of Harf ord County be and they are
hereby authorized and empowered to borrow at such time or times
as they may decide, upon the faith and credit of Harf ord County, a
sum or sums of money not to exceed One Million Five Hundred
Thousand Dollars ($1,500,000), at a rate of interest not to exceed
five per cent (5%) per annum, for the purpose of erecting new
school buildings, purchase of land for said buildings, architect and
other professional fees in connection with said buildings, alterations
of existing school buildings, and equipping said school buildings in
Harford County.
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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