MARVIN MANDEL, Governor 3725
face amount of $250,000 and dated July 1, 1956, [said]
THE funds to be expended either for the improvement and
development of Little Falls Branch Park, as originally
intended at the time of the issuance of the Bonds, or, in
the discretion [and at the election] of the Commission
for [such] ANY other purposes for which it is authorized
by law to issue bonds, including among others the
acquisition of lands or other property.
[46. ] 6-103.
All of [said] THE bonds and notes shall be issued on
the full faith and credit of the Commission and upon the
full faith and credit of the county guaranteeing them.
The principal and interest maturing thereon shall be
payable from the proceeds of the collection of the taxes
authorized in this [subheading] TITLE. In the event of
the inadequacy of [said] THE taxes for [such] THIS
purpose, there shall be levied by the county guaranteeing
[said] THE bonds, in each year that [any such] AN
inadequacy [shall exist] EXISTS, an additional tax upon
all assessable property within the portion of the
District in [said] THAT county sufficient to make up [any
such] THE inadequacy [and if]. IF the proceeds of [such]
THE additional tax shall likewise be inadequate, then
[said] THE county shall levy [for said purpose] a tax
upon all the assessable property within the corporate
limits of [such] THE county sufficient to make up the
inadequacy or deficiency in the revenues available for
principal and interest maturities on the bonds or notes.
Nothing contained in this Section or elsewhere in this
[subtitle] ARTICLE [shall] MAY be deemed or construed as
increasing or decreasing or otherwise modifying the
limitations on the powers of the Commission to issue
bonds or notes as contained in Sections [44] 6—101, [45]
6-102 and [48] 6-10 5 of this [subtitle] TITLE or in any
other law.
[47.] 6-104.
[Said] THE bonds or notes [hereby] authorized, and
the interest payable thereon, in the hands of the persons
entitled thereto from time to time, shall be and remain
forever exempt from all state, county, and municipal
taxation of every kind and nature whatsoever in the State
of Maryland.
[48.] 6-105.
(a) Authorized. [In the event] IF any of the
bonds or notes authorized to be issued hereinabove in
this [subheading shall be] TITLE ARE issued and delivered
to the National Capital Planning Commission in part
payment for any park lands acquired under Subsections (a)
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