AN ACT TO AMEND CHAPTER 189, VOLUME 43, LAWS OF DELAWARE, ENTITLED "AN ACT CHANGING THE CORPORATE NAME OF THE COMMISSIONERS OF WYOMING' TO 'THE TOWN OF WYOMING' AND ESTABLISHING A CHARTER THEREFOR, BY PROVIDING FOR AN INCREASE IN THE LIMIT OF THE AMOUNT TO BE RAISED BY TAXATION.
Section 1. That the paragraph numbered 13 of Section 15, Chapter 189, Volume 43, Laws of Delaware, be and the same is hereby amended by striking out and repealing all of said paragraph 13 of Section 15 and inserting in lieu thereof a new paragraph 13, as follows:
13. The limit of the amount to be raised by taxation under this Section shall not exceed the sum of Ten Thousand Dollars ($10,000.00) in any one year clear of all delinquencies and expenses of collection, provided, however, that the Council of the said Town, whenever authorized by referendum vote duly held and conducted in all respects as provided for in Section 5 of this Act, may raise by taxation any amount above and exceeding the sum of Ten Thousand Dollars ($10,000.00). At such referendum one set of ballots used shall have written or printed thereon the words "for increased taxation" and another set of ballots shall have written or printed thereon the words "against increased taxation" and both sets of ballots shall specify thereon the amount proposed to be raised; when, however, any sum in excess of Ten Thousand Dollars ($10,000.00) shall have been authorized and approved at such referendum, it shall be lawful to raise by taxation such approved sum from year to year without the necessity of holding a referendum election each year, when, however, it shall be proposed to increase the sum to be raised each year by taxation above the amount approved at the last referendum when in order to authorize any such increase a new referendum shall be necessary and whenever any increased sum shall be authorized at any referendum said sum shall represent the maximum amount authorized to be raised from year to year by taxation until an increase shall have been authorized by referendum duly held as aforesaid.