J. MILLARD TAWES, Governor                      531

tificates or temporary bonds, with or without coupons, exchangeable
for definitive bonds when such bonds or obligations have been
executed and are available for delivery, provided, however, that any
such interim certificates or temporary bonds shall be issued in all
respects subject to the restrictions and requirements set forth herein.
The County may, by appropriate resolution, provide for the replace-
ment of any bonds issued hereunder which shall have become muti-
lated or be destroyed or lost upon such conditions and after receiv-
ing such indemnity as the County may think it proper and necessary
to stipulate and require.

Sec. 8. And be it further enacted, That any and all obligations
issued pursuant to the authority of this Act, their transfer and
the income therefrom (including any profit made on the sale thereof)
shall at all times be free from taxation by the State of Maryland or
by any of its political subdivisions, or by any town or incorporated
municipality or by any other public agency within the State of
Maryland.

Sec. 9. And be it further enacted, That the authority to borrow
money and issue bonds conferred on the County by this Act shall
be deemed to provide an additional and alternative authority for
borrowing money and shall be regarded as supplemental and ad-
ditional to powers conferred upon the County by other laws and
shall not be regarded as in derogation of any power now existing;
and all Acts of the General Assembly of Maryland heretofore passed
authorizing the County to borrow money are hereby continued to
the extent that the powers contained in such acts have not heretofore
been exercised, and nothing herein contained shall be construed to
impair, in any way whatsoever, the validity of any bonds which
may have been issued by the County under the authority of any of
said Acts, and the validity of said bonds is hereby ratified, confirmed
and approved.

Sec. 10. And be it further enacted, That this Act shall take effect
June 1, 1966.

Approved April 29, 1966.

CHAPTER 260
(Senate Bill 286)

AN ACT to repeal and re-enact, with amendments, Section 122A of
Article 81 of the Annotated Code of Maryland (1965 Replacement
Volume), title "Revenue and Taxes", subtitle "Tax Sales"; to re-
peal and re-enact, with amendments, Sections 503, 505, 512 and
516 of the Code of Public Local Laws of Harford County (1965
Edition, being Article 13 of the Code of Public Local Laws of
Maryland), title "Harford County", subtitle "Taxes and County
Treasurer"; and to repeal Sections 507, 508, 509, 510, 511, 512,
514 and 515 of the said Code of Public Local Laws of Harford
County and the said subtitle, providing that the so-called State-
wide tax sales law shall apply to certain property taxes levied
and imposed by or in Harford County, eliminating from the Local
Laws of Harford County certain provisions concerning tax sale