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Session Laws, 1972
Volume 708, Page 415   View pdf image
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Marvin Mandel, Governor                         415

to time for periods not exceeding one year, but such notes, including
renewals, shall mature and be paid not more than five years from
the date of the note or notes, first issued. Such notes shall bear
interest at a rate or rates not exceeding eight per centum (8%)
per annum, the interest to be payable at such time or times on or
before the maturity of the notes as the Commission shall determine.
Such notes shall be in such form and shall be executed in such
manner as the Commission shall provide. Such notes shall be pay-
able from the proceeds of the bonds in anticipation of which they
shall be issued; provided, however, that the Commission may, in its
discretion, in lieu of retiring such notes by means of bonds, retire
such notes from any funds available for the payment of bonds
authorized hereunder for the project or projects for which such
notes were issued, in which event the maximum amount of bonds
which may be issued under the provisions of this Section shall be
reduced by the amount of such notes so retired.

Sec. 2. And be it further enacted, That in the event the first or
second maturing interest payment on any said bonds or notes be-
comes due before the levy and collection of the taxes herein authorized,
the Commission may advance the interest due at said first or second
interest paying period out of the proceeds of the sale of said bonds or
notes.

Sec. 3. And be it further enacted, That this Act is hereby de-
clared 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 passage.

Approved April 26, 1972.

CHAPTER 138
(House Bill 480)

AN ACT to repeal Sections 18-1 and 18-4 of the Code of Public Local
Laws of Washington County (1970 Edition, being Article 22 of the
Code of Public Laws of Maryland), title "Washington County,"
subtitle "Jurors," to remove the provisions regarding the levy-
ing of a charge by the County Commissioners to pay for the costs
of jurors in the Circuit Court and removing the provisions which
establish the method of selecting the jurors for the grand and petit
juries of the Circuit Court for Washington County.

Section 1. Be it enacted by the General Assembly of Maryland,
That Sections 18-1 and 18-4 of the Code of Public Local Laws of
Washington County (1970 Edition, being Article 22 of the Code of
Public Local Laws of Maryland), title "Washington County," subtitle
"Jurors," be and they are hereby repealed to read as follows:

[18-4.

Instead of causing the names to be written upon ballots and placed
in and drawn from a box as provided in Section ten of Article 51 of

 

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Session Laws, 1972
Volume 708, Page 415   View pdf image
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