J. MILLARD TAWES, Governor                       331

elected to each of the two houses of the General Assembly, the same
shall take effect from the date of its passage.

Approved April 14, 1966.

CHAPTER 141
(Senate Bill 75)

AN ACT to repeal and re-enact, with amendments, Sections 1 and 2
of Chapter 621 of the Acts of the General Assembly of the Regular
Session of 1965, to increase the amount of the State loan for the
purpose of aiding in the construction of jail facilities in Allegany
County in accordance with the change made by Chapter 914 of
the same session which raised the amount of the State's contribu-
tion for the cost of local jail construction projects.

section 1. Be it enacted by the General Assembly of Maryland,
That Sections 1 and 2 of Chapter 621 of the Acts of the General
Assembly of the Regular Session of 1965 be and they are hereby
repealed and re-enacted, with amendments, to read as follows:

1.

That the Board of Public Works is hereby authorized and directed
to issue a State Loan, to be known as the "Allegany County Jail
Loan of 1965", in the aggregate amount of [One Hundred Thou-
sand Dollars ($100,000.00)3 Two Hundred Thousand Dollars
($200,000.00).

The certificates evidencing said loan may be issued all at one time
or, in groups, from time to time, as hereinafter provided. All of
said certificates evidencing said loan, or any group thereof, shall
be issued according to what is known as the serial annuity plan so
worked out as to discharge the principal represented by said certifi-
cates within fifteen (15) years from the time of its issue; provided,
however, that it shall not be necessary to provide for the redemption
of any part of the principal represented by any certificates for the
first two (2) years from the time of the issuance of said certificates.

The Board of Public Works shall, and is hereby authorized and
empowered to, pass a resolution or resolutions from time to time,
determining and setting forth:

(a)  The proportion of the total loan authorized by this Act which
shall be issued at any particular time;

(b)  The form of the certificate representing the loan or any part
thereof so authorized to be issued at any particular time, including
any interest coupons to be attached thereto, and provisions for the
issuance of certificates in registered form, provisions for the regis-
tration of any coupon certificates as to principal of loan and for the
reconversion into coupon certificates of any certificates registered
as to principal.

(c)  The denomination or denominations of the certificates to be
issued at any particular time, which may be not less than One Hun-
dred Dollars ($100.00) but may be in sums of One Hundred Dollars