Theodore R. McKeldin, Governor                     17

ment), title "Corporations—Municipal", sub-title "Home Rule",
sub-heading "Repeal of Charter", eliminating a superfluous word
from said Section 42.

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 42 of Article 23A of the Annotated Code of Maryland
(1956 Supplement), title "Corporations—Municipal", sub-title "Home
Rule", sub-heading "Repeal of Charter", be and it is hereby repealed
and re-enacted, with amendments, to read as follows:

42. Effect of repeal. The resolution or petition by Which the
proposal is initiated to repeal the charter of the* municipal corpora-
tion may provide for the disposition of the property and assets
thereof and the liquidation of its unpaid indebtedness. If no such
disposition is made, the board of county commissioners or the county
council shall succeed to full ownership, title and control of the prop-
erty and assets after the charter stands repealed and shall likewise
be responsible for payment of the debts and obligations of said
municipal corporation in accordance with the terms thereof. The
board or council also is authorized, in its discretion, to provide by
written agreement with the proper officers of the municipal corpora-
tion, while the charter remains in effect, for taking over some or
all of the property and assets or some or all of the liabilities and
obligations of the municipal corporation, at the time the repeal of
its charter becomes effective. The board or council shall establish a
special tax area with boundaries coincident with those of the munic-
ipal corporation for which a charter was repealed, and [to] tax or
assess the residents of such area in such manner as other residents
of the county may be taxed or assessed, in order to provide the
revenue necessary to defray any obligations or debts of the municipal
corporation as of the time the charter is repealed. Such taxes or
assessments shall be imposed and collected with the same powers and
procedures as exist for general county taxation; the proceeds thereof
are to be applied only to such obligation or debt, and the tax or
assessment shall be discontinued when all such obligations or debts
have been paid in full.

Sec 2. And be it further enacted, That this Act shall take effect
June 1, 1957.

Approved January 28, 1957.

CHAPTER 14
(Senate Bill 56)

AN ACT to repeal and re-enact, with amendments, Section 182 of
Article 81 of the Annotated Code of Maryland (1951 Edition),
title "Revenue and Taxes", sub-title "Arbitration of Death Taxes",
providing for the maximum percentum per annum of 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.