MARVIN MANDEL, Governor                        267

following the close of such fiscal year, in one daily newspaper pub-
lished in the county.

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

Approved April 9, 1969.

CHAPTER 92
(House Bill 926)

AN ACT to repeal and re-enact, with amendments, Section 8-19 of
the Code of Public Local Laws of Frederick County (1959 Edition,
being Article 11 of the Code of Public Local Laws of Maryland),
title "Frederick County," subtitle "Finance and Taxation," sub-
heading "In General," as added, last amended by Chapter 825 of
the Acts of 1963, providing for an increase in the ceiling on the
amounts of money that the County Commissioners of Frederick
County can borrow in any one year.

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 8-19 of the Code of Public Local Laws of Frederick
County (1959 Edition, being Article 11 of the Code of Public Local
Laws of Maryland), title "Frederick County," subtitle "Finance and
Taxation," subheading "In General," be and it is hereby repealed and
re-enacted, with amendments, to read as follows:

8-19.

The County Commissioners shall not after the first day of July,
1920, create any obligation or liability on the part of or on the credit
of the county which shall be a floating debt, nor issue any certifi-
cates of indebtedness, nor shall the Board borrow any money what-
soever for any purpose, without special legislative authority to make
the loan. In case of any deficiency in revenue and taxation to meet
the amounts provided in the estimates, there shall be a prorata
abatement of all appropriations, except for the payment of the State
taxes, the principal and interest of the county debt and salaries and
obligations fixed by law. In case of any surplus arising in any fiscal
year by reason of excess income received from the estimated revenue
over the expenditures for such year or by reason of unexpended
appropriations for unexpended emergency fund for such year or from
increment from the sale of bonds or other reason, the surplus shall
be passed by the Board of County Commissioners to a fund which
shall be a part of the revenue for the ensuing fiscal year; provided,
that the County Commissioners are authorized to borrow temporarily,
on promissory notes during any one year, a sum of money not to
exceed the sum of fifty thousand dollars, to pay the interest on the
bonded indebtedness of the county, such temporary notes to mature
and be paid not later than December thirty-first of the same calendar
year in which such sum may be borrowed, and provided further,
that in addition to the authority to borrow, the County Commis-