J. MILLARD TAWES, Governor                     813

SEC. 2. AND BE IT FURTHER ENACTED, THAT THIS ACT
IS HEREBY DECLARED TO BE AN EMERGENCY MEASURE
AND NECESSARY FOR THE IMMEDIATE PRESERVATION OF
THE PUBLIC HEALTH AND SAFETY AND HAVING BEEN
PASSED BY A YEA AND NAY VOTE SUPPORTED BY THREE-
FIFTHS OF ALL THE MEMBERS ELECTED TO EACH OF
THE TWO HOUSES OF THE GENERAL ASSEMBLY, THE
SAME SHALL TAKE EFFECT FROM THE DATE OF ITS PAS-
SAGE.

Approved April 29, 1966.

CHAPTER 497
(House Bill 830)

AN ACT to authorize the creation of a State debt in the aggregate
amount of Two Million Five Hundred and Fifteen thousand Dollars
($2,515,000.00) ONE MILLION EIGHT HUNDRED THOUSAND
DOLLARS ($1,800,000.00) for the purpose of acquiring certain
properties and the improvements thereon located in or near the
City of Annapolis as more particularly described herein, and for
the razing of any improvements thereon, and providing generally
for the issue and sale of certificates of indebtedness evidencing
this loan.

Section 1. Be it enacted by the General Assembly of Maryland,
That the Board of Public Works is hereby authorized and directed to
issue a State loan to be known as the "Legislative and Judicial Facili-
ties Loan of 1966," in the aggregate sum of Two Million Five Hundred
and Fifteen Thousand Dollars ($2,515,000.00) ONE MILLION
EIGHT HUNDRED THOUSAND DOLLARS ($1,800,000.00).

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 certificates 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, de-
termining 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 registra-
tion of any coupon certificates as to principal of loan and for the
reconversion into coupon certificates of any certificates registered
as to principal.