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Session Laws, 1968
Volume 683, Page 210   View pdf image
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210                             laws of Maryland                     ch. 161]

by a yea and nay vote supported by three-fifths of the members
elected to each of the two houses of the General Assembly, the same
shall take effect May 1, 1968.

Approved April 10, 1968.

CHAPTER 160
(Senate Bill 577)

AN ACT to repeal and re-enact, with amendments, Section 1 of
Chapter 137 of the 1966 Laws of Maryland, to provide for an in-
crease in the interest rate on notes issued under said Chapter which
concerns the power of the County Commissioners of Carroll County
to borrow money.

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 1 of Chapter 137 of the 1966 Laws of Maryland, be and
it is hereby repealed and re-enacted, with amendments, to read as
follows:

1. The County Commissioners of Carroll County are hereby au-
thorized to borrow on the credit of Carroll County at such time or
times as they shall determine, such sum or sums of money not exceed-
ing the sum of Two Hundred Thousand Dollars ($200,000) and to is-
sue promissory notes therefor, with interest not exceeding [four] five
per centum [(4%)] (5%) and not less than Fifty Thousand Dollars
($50,000) of said notes shall mature and be paid each year and no
note shall be issued to mature more than five years after the first
note is issued. The money so borrowed shall be used for the purpose
of acquisition of lands for parks and recreation areas only, and no
part thereof shall be used for any other purpose.

Sec. 2. And be it further enacted, That this Act shall take effect
July 1, 1968.

Approved April 10, 1968.

CHAPTER 161
(Senate Bill 621)

AN ACT relating to the Washington Suburban Sanitary District,
repealing and re-enacting, with amendments, subsection (d) of
Section 83-71 of the Code of Public Local Laws of Prince George's
County (1963 Edition) and subsection (d) of Section 71-19 of
the Montgomery County Code (1965 Edition), being Articles
17 and 16, respectively, of the Code of Public Local Laws of
Maryland, titles "Prince George's County" and "Montgomery
County," subtitle "Washington Suburban Sanitary District," as
said subsection was last amended by Chapter 811 of the Acts
of 1963 the said subsection relating to the imposition of water

 

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Session Laws, 1968
Volume 683, Page 210   View pdf image
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