474                              Laws of Maryland                      [Ch. 204

study preparatory to the construction of an additional Court House
and additional library facilities, as herein defined, and to finance
the acquisition of options to purchase realty for such construction,
and to effect such borrowing by the issuance and sale to the high-
est bidder at public sale of its general obligation, serial maturity
coupon bonds in like par amount; empowering said County to fix
and determine, by resolution, the form, tenor, interest rate or
method of arriving at the same, terms, including redemption and
registration provisions, conditions, maturities and all other details
incident or necessary to the issuance, public sale and delivery of
said bonds, without reference to the provisions of Sections 9, 10,
and 11 of Article 31 of the Code of Public General Laws of Mary-
land; prescribing the method and manner of selling said bonds at
public sale; empowering said County, subject to certain limita-
tions, to sell said bonds at, above or below the par value thereof;
empowering said County to refund any of said bonds purchased
or redeemed in advance of maturity; empowering and directing
said County apply to the payment of principal and interest of
said bonds and said refunding bonds any funds received from the
State of Maryland and the United States of America, which may
be properly allocable to said purpose; empowering and directing
said County to contract to levy and to levy, impose and collect
annually ad valorem taxes which, in addition to the State and
Federal allotments, if any, will provide funds sufficient for the
payment of said maturing principal and interest; exempting said
bonds and said refunding bonds and the interest thereon from all
State, county and municipal taxation in the State of Maryland.

Section 1. Be it enacted by the General Assembly of Maryland,
That, as used herein, the term "County" shall mean the body politic
and corporate of the State of Maryland known as the County Commis-
sioners of Frederick County, and the term "study preparatory to the
construction of an additional Court House and additional library
facilities" shall include the cost of architectural and engineering
services, preparation of plans, drawings and specifications, and the
cost of acquiring options to purchase realty upon which construction
might be made, and the cost of other necessary services or supplies
prior to the actual purchase of realty and construction materials but
shall not include the cost of purchasing realty or construction
materials.

Sec. 2. And be it further enacted, That the County is hereby
authorized and empowered to finance a study preparatory to the
construction of an additional Court House and additional library
facilities as defined in Section 1 of this Act, and, in order to make
such financing possible said County is hereby granted the power and
authority to borrow money and incur indebtedness for such purpose,
from time to time, in an amount not exceeding the sum of One
Hundred Thousand Dollars ($100,000.00) and to evidence such bor-
rowing by the issuance and sale upon its full faith and credit of its
serial maturity, general obligation coupon bonds in like par amount,
upon the terms and conditions hereinafter set forth. Such bonds may
be issued from time to time, in one or more groups or series, as funds
for such study become necessary, provided, however, that the total
debt which may be incurred pursuant to the authority of this Act
shall not exceed One Hundred Thousand Dollars ($100,000.00).