THEODORE E. MCKELDIN, GOVERNOR 1241

bury shall sell said bonds at public sale by sealed bids, after
giving at least two weeks' notice thereof in one or more news-
papers published in the City of Salisbury, and in such other
newspapers as The Mayor and Council of Salisbury shall
direct, under the supervision of and at such times and in
such amounts as The Mayor and Council of Salisbury shall
order, but no bonds shall be sold by sealed bids, except at
prices approved by The Mayor and Council of Salisbury and
no bonds shall be sold at prices less than par. The Mayor and
Council of Salisbury shall have the right to reject any and
all bids. The said Clerk of Salisbury shall deliver said bonds
so sold to the purchaser or purchasers thereof, and receive the
money therefor, including any premiums thereon, and said
money, including said premiums, if any, shall be immediately
credited by the Clerk of Salisbury on his books to the "Salis-
bury, Maryland, Water Supply, Sewer and Storm Drainage
Bonds", to be applied only for the purposes specified in this
Act, except that all costs incident to the preparation and sale
of said bonds, including legal expenses, shall be paid from the
proceeds of the sale of said bonds. Provided, however, that
any balance of the proceeds of said bond issue not required
for the purposes hereinbefore specified shall be applied to the
redemption of said bonds.

SEC. 3. And be it further enacted, That The Mayor and
Council of Salisbury is hereby empowered to apply any surplus
revenues of the water department and sewer department of
the City to meet and pay the interest on said bonds so issued
and outstanding, and to meet and pay the principal of said
bonds as they shall severally become due from time to time. In
any year that any of said bonds are outstanding, and any
deficiency exists in the amount of the aforesaid surplus reve-
nues available for the payment of the maturing principal and
interest of said bonds, the Mayor and Council shall levy upon
all the assessable property liable to taxation in the City of
Salisbury at the regular tax levying period an amount suffi-
cient to meet and pay the interest maturing on said bonds
during any such year and to meet and pay the principal of
said bonds maturing during any such year, which tax shall be
levied and collected, and shall have the same priority rights,
bear the same interest and penalties and in every respect be
treated the same as other City taxes now are. Said amount so
levied and collected shall be used for the payment of said in-
terest and principal and for no other purpose whatsoever.

SEC. 4. And be it further enacted, That this Act is hereby
declared to be an emergency law and necessary for the imme-
diate preservation of the public health and safety, and hav-
ing been passed by a yea and nay vote, supported by three-