520 JOURNAL OF PROCEEDINGS [Feb. 27

and accommodation of the inhabitants of said town, and
towards providing, establishing and maintaining a sys-
tem of sewerage for the benefit of said town, and said
inhabitants thereof. "

AMENDMENT PROPOSED.

Strike out all of said original bill after the words "a
bill, " and insert the following:

Entitled "An Act to authorize and empower the Presi-
dent and Commissioners of Princess Anne, in Somerset
county, to issue bonds and to appropriate the proceeds
arising from the sale thereof towards providing addi-
tional fire protection and establishing and maintaining a
sewerage system and other improvements in said town,
and to submit the question of the issue of said bonds to
the qualified voters thereof for determination. "

Section 1. Be it enacted by the General Assembly of
Maryland, that the President and Commissioners of
Princess Anne, in Somerset county, be and they are
hereby authorized and empowered in their discretion
provided the election hereinafter directed results fav-
orably thereto, to make and issue at such time or times
as the said President and Commissioners may deem
necessary bonds, either coupon or registered, to be called
'Princess Anne Improvement Bonds, ' to an amount not
exceeding ten thousand dollars, in sums of not less than
one hundred nor more than five hundred dollars each, to
be signed by the President of said corporation and coun-
tersigned by the clerk thereof, with the seal of said cor-
poration affixed, and to bear interest at a rate not to ex-
ceed five per cent per annum, payable semi-annually on
the first days of September and March, in each and every
year after the date of said bonds, and the coupons or in-
terest on said bonds shall be received in payment of
taxes due said town, and the said bonds shall be exempt
from all county and municipal taxation. "

Sec. 2. "And be it enacted that said bonds shall be
issued to mature as follows, that is to say, not before
five years and from time to time not later than thirty
years from the date of issue thereof, with the privilege
to the said corporation of redeeming the same as fol-
lows: At the expiration of five years from the date of
issue the said corporation shall in open session determine