JOHN WALTER SMITH, ESQ., GOVERNOR.

811

and all said bonds shall be redeemable; provided, none of said
bonds shall run beyond twenty years from the date of issue,
but if a majority of the said legal and qualified voters shall
vote against the issue of said bonds, then this Act shall be
null and void. The judges and clerk at said election shall, at
the close of the polls on said election day, cast up the votes
and make certificate of the same in the usual form and file
said certificate with and return the ballots to the said Burgess
and Commissioners of Boonsboro, who shall announce the
result of said election in one or more newspapers published in
said county.

When
redeemable.

SEC. 3. And be it enacted, That if the result of said election
shall be in favor of the bond issue, for the purpose aforesaid,
the Burgess and Commissioners of Boonsboro be and they are
authorized and empowered to issue bonds upon the credit of
said town of Boonsboro, as hereinbefore provided, and to sell
said bonds at such time, in such manner, at public or private
sale, as the said Burgess and Commissioners may determine;
provided, that no bond shall be sold at a sum less than its par
value, and with the proceeds of said sale or said bonds to con-
tract or purchase a water-plant and system, as hereinafter

If election in
favor of.
Authority to
issue bonds,
and how
disposed of.

provided, and to appoint officers from among the resident tax-
payers of said Boonsboro to manage said water-works after
their construction or purchase, and to pass such town ordi-
nances as may be necessary for the purpose of this Act, and
manage and protect said water-works.

Management
of water-works

SEC. 4. And be it enacted, That for the purpose of paying
said bonds at maturity and the interest thereon, the Burgess
and Commissioners of Boonsboro are authorized and required
to levy such tax upon the property within the taxable limits
of said town as may be necessary to enable them, in connection
with the revenues arising from said works, to pay said bonds
and the interest thereon and the operating expenses and neces-
sary repairs to said works in each year, until said bonds shall
be paid off; the said taxes shall be paid to the Burgess and
Commissioners, or their proper officer appointed by them, and
the amount levied for this purpose shall be in addition to the
amount now authorized by law. The moneys from water

Payment of
bonds at
maturity and
interest.

Shall levy tax,
etc.

rents shall be applied, first, to payment of current expenses of
said works; secondly, to payment of interest on bonds, and
thirdly, as to any balance, to provide a sinking fund for the
payment of said bonds; and whenever any bond is paid off it
shall be immediately burned by the clerk to the Burgess and
Commissioners, in the presence of the Burgess and the fact
noted in the registration book, as hereinbefore required.

How money
from water
rents applied.