LEVY COURT OF SUSSEX COUNTY.
AN ACT to amend Chapter 43 of the Revised Code of the State of Delaware, by increasing the amount which can be borrowed by the Levy Court of Sussex County.
Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met:
Section 1. Amend Chapter 43 of the Revised Code of the State of Delaware as amended by Chapter 76 of Volume 28, Laws of Delaware, by repealing all of 1048 A. Section 36 A. and inserting in lieu thereof the following to be known as "1048 A. Section 36 A."
"1048 A. Section 36 A. The Levy Court shall have the power from time to time to borrow money in such amounts as they may find necessary to promptly pay the county warrants issued by them, and to issue certificates of indebtedness as evidence thereof. Any money so borrowed shall be applied to the particular fund for which it shall be borrowed, and shall be repaid from the taxes apportioned to such fund, as said taxes shall be collected, provided, that the amount of money borrowed as aforesaid shall not, at any one time, exceed the sum of twenty-five thousand dollars, and provided that if the taxes apportioned to any fund, as to which money shall be borrowed, shall not, in any year, be sufficient to pay such money, the deficiency shall be considered in making up the annual estimate for the next year, and a rate shall be levied and apportioned sufficient to equalize such deficiency."
Approved April 9, A. D. 1917.