960                              Laws of Maryland                       [Ch. 638

land; and to continue the authority to issue bonds under the terms
of Chapter 10 of the Acts of the General Assembly of Maryland
passed at its Extraordinary Session in the year 1956.

Section 1. Be it enacted by the General Assembly of Maryland,
That the County Commissioners for Prince George's County, a body
politic and corporate of the State of Maryland (hereinafter referred
to as the "County") is hereby authorized and empowered to borrow
at such time or times as the Board of County Commissioners for
Prince George's County may decide, upon the full faith and credit
of the County, a sum or sums of money not to exceed Seven Hundred
Fifty Thousand Dollars ($750,000.00) for the purpose of financing
the construction and equipping of an addition or additions to the
Prince George's General Hospital to be built on the present hospital
grounds in Cheverly, Prince George's County, Maryland, including
the preparation of plans, drawings, and specifications for such project.
In evidence of such borrowing the County is hereby authorized to
issue and sell its serial maturity general obligation coupon bonds
in an amount not to exceed Seven Hundred Fifty Thousand Dollars
($750,000.00) upon the terms and conditions hereinafter set forth.
Such bonds may be issued, from time to time, in one or more groups
or series if funds for the project specified in this Act become neces-
sary, provided, however, that the total debt which may be incurred
pursuant to this Act shall not exceed Seven Hundred Fifty Thousand
Dollars ($750,000.00).

Sec. 2. And be it further enacted, That before borrowing any money
or issuing any bonds pursuant to the Authority of this Act, the
Board of County Commissioners for Prince George's County shall
adopt a resolution describing the projects described in Section 1 here-
of for which said borrowing or indebtedness is intended, the amount
needed to finance said projects and determining to borrow money or
incur indebtedness for all or a part of the amount so needed and to
issue its bonds to evidence such borrowing or indebtedness. Each
series or group of said bonds shall be issued to mature in annual
serial installments, the last installment to mature not later than
thirty (30) years from the date of issue of said group or series. In
said resolution, said Board of County Commissioners shall fix the
annual serial maturity plan with respect to the bonds to be issued
thereunder and said annual serial maturities shall be so fixed as to
conform to the general financial plans of the County but need not
be in equal par amounts or in consecutive annual installments. Said
County shall have and is hereby granted full and complete authority
and discretion to fix and determine, in said resolution, the form and
tenor of any such bonds, the rate or rates of interest payable thereon,
or the method of arriving at the same, the date or dates upon which
said bonds shall respectively mature and be payable, the manner of
selling said bonds at public sale, and generally all matters incident
or necessary to the issuance, sale and delivery thereof. The bonds
of each such issue shall be dated, shall bear interest at such rate
or rates not exceeding six per centum (6%) per annum, payable
semi-annually, shall mature at such time or times as may be de-
termined by said resolution, and said bonds may, by said resolution
be made redeemable before maturity, at the option of the County,
at such price or prices and under such terms and conditions as may
be fixed by said Board of County Commissioners, either in said