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Session Laws, 1957
Volume 640, Page 677   View pdf image (33K)
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Theodore R. McKeldin, Governor                    677

by the President or Chairman of the Board of County Commissioners
and countersigned by the Treasurer or the Deputy Treasurer of
Harford County. A certified copy of the resolution authorizing the
issuance of said note or notes, certified to be a true copy by the clerk
of said Board under the seal of the Board and reciting the insuffi-
ciency of tax funds to meet current expenses and that the Board of
County Commissioners deem it necessary to exercise the emergency
borrowing powers under this section for the protection of the public
credit, health, morals, or safety of the people of Harford County,
shall be conclusive proof of the facts so recited in any proceeding
involving the validity of any note or notes issued under this section,
said note or notes shall bear such rate or rates of interest and shall
be payable at such time or times as may be specified in the resolution
or resolutions authorizing their issuance, but shall not exceed the
rate of six per centum.

The County Commissioners are further hereby authorized to levy
annually on the assessable property of said county over such period,
as in their judgment may seem expedient and proper, such taxes as
are needed to repay funds borrowed hereunder, together with interest
as above provided. Nothing herein shall prevent the County Commis-
sioners from repaying said notes from subsequent tax receipts within
the year of borrowing.

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

Approved April 10, 1957.

CHAPTER 454
(Senate Bill 162)

AN ACT making appropriations for the support of the State Govern-
ment and for the aid of sundry schools and institutions and for
other purposes for the fiscal year ending June 30, 1958.

Section 1. Be it enacted by the General Assembly of Maryland,
That subject to the provisions hereinafter set forth and subject to
the Public General Laws of Maryland relating to the Budget pro-
cedure, the several amounts hereinafter specified, or so much thereof
as shall be sufficient to accomplish the purposes designated, are
hereby appropriated and authorized to be disbursed for salaries,
wages, technical and special fees and all other expenses for the de-
partments, boards, commissions and officers of the State, and to the
respective schools and institutions, and for the several purposes
specified for the fiscal year beginning July 1, 1957, and ending June
30, 1958 as hereinafter indicated.

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, 1957
Volume 640, Page 677   View pdf image (33K)
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