1900. ] OF THE HOUSE OF DELEGATES. 521

and designate by lot which of said bonds to the amount
of $1, 000 shall be redeemed, and in like manner at the end
of ten years they shall determine and designate by lot
an additional twelve hundred dollars for such redemp-
tion, and in like manner at the end of fifteen years they
shall determine and designate by lot an additional fifteen
hundred dollars for such redemption; and in like manner
at the end of twenty years they shall determine and
designate by lot an additional eighteen hundred dollars
for such redemption, and in like manner at the end of
twenty-five years they shall determine and designate by
lot an additional two thousand dollars for such redemp-
tion, and in like manner at the end of thirty years the
balance of said bonds shall be redeemed; and the said
bonds so designated for redemption as aforesaid, shall
be redeemed from time to time as hereinbefore provided
out of the sinking fund hereinafter mentioned, and the
interest on the bonds so designated at the semi-annual
maturity thereof following the date of said designation
for redemption, shall cease and determine, but the said
corporation shall have the right after the expiration of
ten years from the date of the issue of said bonds and
public notice by advertisement of its intention so to do,
in the newspapers of said town once a week for four
successive weeks six months before the date fixed for
said purpose to call in and redeem all said issue of bonds.

Section 3. And be it enacted, That the said corpora-
tion shall levy annually upon the assessable property of
said town a tax sufficient to pay the annual interest on
all of said bonds remaining outstanding and then matured,
and also to provide a sinking fund sufficient to redeem
at the intervals hereinbefore mentioned the respective
amounts of said bonds hereby directed to be redeemed,
and the sums herein respectively directed to be raised by
taxation for the payment of the interest on said bonds
and the creation of the sinking fund shall be held sacred
by the said president and commissioners, and shall not
be used for any other purpose than that herein directed,
but the proceeds of said taxes herein directed to be levied
for the purpose of creating said sinking fund may be in-
vested by the said corporation with the approval of the
Circuit Court for Somerset county in such manner as