J. MILLARD TAWES, Governor                         119

of stick bonds or other obligations, monies in an amount which
(together with any other monies irrevocably committed to the pay-
ment of principal and interest on such bonds or other obligations)
will suffice to pay the principal of such bonds or other obligations
with interest to maturity thereon, which monies under the terms of
said agreement are required to be used for the purpose of paying the
principal of and the interest on such bonds or other obligations at
their maturity. Such bonds and other obligations shall be authorized
security for all public deposits. It is the purpose of this section to
authorize any persons, political subdivisions and officers, public or
private, to use any funds owned or controlled by them for the pur-
chase of any such bonds or other obligations. Nothing contained in
this section with regard to legal investments shall be construed as
relieving any person of any duty of exercising reasonable care in
selecting securities.

11. Separability

If any provision of this sub-heading, or the application thereof to
any person or circumstances, is held invalid, the remainder of the sub-
heading and the application of such provision to persons or circum-
stances other than those as to which it is held invalid, shall not be
affected thereby. The powers conferred by this sub-heading shall be
in addition and supplemental to the powers conferred by any other
law.

Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1963.

Approved March 14, 1963.

CHAPTER 71
(Senate Bill 153)

AN ACT to add 11 new sections under the new sub-heading "Re-
development—Urban Renewal", to the Charter of the Town of
Havre de Grace as said Charter is contained in the Code of Public
Local Laws of Harford County (1957 Edition, being; Article 13 of
the Code of Public Local Laws of Maryland), title "Harford
County", sub-title "Havre de Grace", to authorize and empower the
Mayor and City Council of Havre de Grace to carry out urban
renewal projects, the redevelopment, rehabilitation of slum or
blighted areas, including the acquisition of property for such pur-
poses with certain provisions in regard to such acquisition by the
exercise of the power of eminent domain; declaring such activities
to constitute functions in furtherance of which the Mayor and
City Council of Havre de Grace may exercise the power of taxation,
spend public funds and extend public credit; granting to the Mayor
and City Council of Havre de Grace certain additional powers and
authority necessary or proper to carry into full force or effect the
powers hereinabove mentioned and place certain restrictions and
limitations on certain powers granted.

Section 1. Be it enacted by the General Assembly of Maryland,
That 11 new sections under the new sub-heading "Redevelopment—
Urban Renewal", be and they are hereby added to the Charter of the