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Session Laws, 1969
Volume 692, Page 1562   View pdf image
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1562                              LAWS OF MARYLAND                       [CH. 706

possesses adequate funds or means to raise such funds without hav-
ing a detrimental effect on its rescue capability or endangering the
organization's financial stability.

K. The Charles County Rescue Squad shall be excluded from the
terms of this section until such time as a majority of its then active
members petition the County Commissioners for inclusion.

The Board of Fire and Rescue Commissioners shall submit to the
County Commissioners of Charles County advisory requirements de-
termined by the currently adopted formula for budget and guidance
purposes. Providing that at such time as this squad may desire in-
clusion in the formula distribution plan that they shall be in-
corporated into the plan and funds provided; therefore, in the same
manner and percentage as they are provided to other rescue squads.

125.

The County Commissioners are authorized to assume control of
and to maintain and operate the Charles County Rescue Squad. For
this purpose the Commissioners may provide for the construction
of a building to house the rescue squad, and are authorized to ap-
propriate for its maintenance and operation such sums as the
Commissioners may determine in their discretion. Providing, how-
ever, that the Charles County Rescue Squad membership may elect
to obtain funds for operation and maintenance as provided in Sec-
tion 124.

Sec. 2. And be it further enacted, That this Act shall take effect
July 1, 1969.

Approved May 14, 1969.

CHAPTER 706
(House Bill 930)

AN ACT to repeal and re-enact, with amendments, Section 3 of
Article 66 of the Annotated Code of Maryland (1968 Replace-
ment Volume), title "Mortgages," to allow savings and loan as-
sociations in Baltimore and Prince George's Counties to make
mortgages which will secure future advances.

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 3 of Article 66 of the Annotated Code of Maryland
(1968 Replacement Volume), title "Mortgages," be and it is repealed
and re-enacted, with amendments, to read as follows:

3.

In Baltimore and Prince George's counties no mortgage or deed
in the nature of a mortgage shall be a lien or charge on any estate
or property for any other or different principal sum or sums of
money than the principal sum or sums that shall appear on the face
of such mortgage and be specified and recited therein, and particu-
larly mentioned and expressed to be secured thereby at the time of
executing the same; this is not to apply to mortgages to indemnify the

 

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