652                             LAWS OF MARYLAND                      [CH. 405

KENT, MONTGOMERY, PRINCE GEORGE'S, QUEEN ANNE'S,
TALBOT, WASHINGTON, WICOMICO AND WORCESTER
COUNTIES IN THE TOWNS OF NORTH BEACH AND CHESA-
PEAKE BEACH IN CALVERT COUNTY AND IN DORCHESTER
COUNTY.

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

Approved April 17, 1963.

CHAPTER 405
(House Bill 313)

AN ACT to authorize the issuance of bonds of the Washington
Suburban Sanitary District in an amount not exceeding $5,000,000
for enlarging, increasing and augmenting the water supply and
major distribution facilities of said District; to provide that said
bonds shall be guaranteed as to payment of principal and interest
by the County Council of Montgomery County and the County
Commissioners of Prince George's County, with a provision for
waiver of such guarantee at the option of the Commission; to
provide for the payment of said bonds and the interest thereon;
and to provide for the ratification and confirmation of any
guarantee made by the County Council of Montgomery County
and the County Commissioners of Prince George's County of any
water supply bonds of the Washington Suburban Sanitary District
heretofore issued.

Section 1. Be it enacted by the General Assembly of Maryland,
That the Washington Suburban Sanitary Commission, created by
Chapter 122, of the Acts of the General Assembly of Maryland of
1918, be and it is hereby authorized and empowered to issue! bonds of
said Sanitary District in an aggregate principal amount not exceeding
Five Million Dollars ($5,000,000), which bonds shall be in addition to
any bonds authorized to be issued under said Chapter 122, or any
amendments thereof, or under any other Act of the General Assembly
of Maryland, and shall be registered or coupon bonds, in such
denomination or denominations as shall be determined by said
Commission, and shall bear interest at a rate or rates not exceeding
five per centum (5%) per annum, payable semi-annually, and shall
be retired serially, the last bond to be retired not later than forty
(40) years from the date of issue. Said Commission may offer for
sale and issue such bonds, from time to time, as its necessity requires.
Said bonds shall be executed and issued under the same provisions,
limitations and restrictions, applicable to the bonds issued by said
Commission under the provisions of said Chapter 122, as amended,
except that the said bonds shall not be subject to the limitation in said
Chapter 122, as amended, on the amount of bonds that may be issued
and shall not be included in computing the amount of bonds that may
be issued under said Chapter 122, as amended, and said bonds shall
be forever exempt from taxation by the State of Maryland and by the
counties and municipalities in said State. The said bonds shall be
guaranteed, as to the payment of principal and interest, by the