Ch. 187                             MARVIN MANDEL, Governor                                  267

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 payable 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 of said bonds or notes becomes 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 declared
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, 1973.

CHAPTER 187
(House Bill 1457)

AN ACT to repeal and re-enact, with amendments, Section 155(p) of Article 2B of
the Annotated Code of Maryland (1968 Replacement Volume), title "Alcoholic
Beverages," subtitle "Boards of License Commissioners," to provide that, in
Montgomery County, the salaries of the members of the Board of License
Commissioners shall be three thousand dollars ($3,000.00) per annum.

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section 155(p) of Article 2B of the Annotated Code of
Maryland (1968 Replacement Volume), title "Alcoholic Beverages," subtitle
"Boards of License Commissioners," be and it is hereby repealed and re-enacted,
with amendments, to read as follows:

155.

(p) In Montgomery County, each member of the board of license commissioners
shall receive [two] THREE thousand dollars [($2,000.00)] ($3,000.00) PER

ANNUM.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take
effect July 1, 1973.

Approved April 26, 1973.