1076

LAWS OF MARYLAND.

and the said County Commissioners shall from time to time

invest the moneys belonging to said sinking fund in any safe

investment or in the purchase of any of said bonds that may

be offered for sale and redemption. And upon the purchase of

any such bonds or the redemption of the same at maturity by

the County Commissioners, they shall be immediately cancelled

by stamping across their face "Cancelled by the Sinking Fund,"

and no portion of said sinking fund so levied shall ever be di-

verted to any other purpose than to the purchase and liquida-

tion of said bonds ; and should the said County Commissioners

or any other person having charge of said sinking fund suffer

or permit the same or any part thereof to be diverted from or

applied to any other purpose than investment thereof for the

Penalty for di-

purchase of said bonds, and the purchase and redemption of

verting uses
of funds.

the same, then the person or persons or party so offending

shall be deemed guilty of a misdemeanor, and on conviction

thereof shall be subject to a fine of not less than the amount

so misapplied or diverted.

SEC. 9. And be- it enacted, That from the money collected

Stun to be set

each year on account of the taxes by the Treasurer the said

apart for
fund.

sum of one thousand dollars shall be set apart for said sinking

fund and a separate account of the same be kept by the Treas-

urer and deposited to the credit of said fund, and no part of

which shall be chargeable with insolvencies allowed the Treas-

urer on account of failure of assessment or collections.

SEC. 10. And be it enacted, That the money arising from

the sale of said bonds, as provided in this Act, shall be paid

Registry and

to the Treasurer of said county, who shall keep in a book for

number of the

the purpose, a full registry of the bonds sold, the different

bonds sold.

series, the numbers of the bonds and the names of the pur-

chasers and amounts realized on sales and any transfers or as-

signments of the same.

Transporting

SEC.II. And be it enacted, That said County Commissioners

persons, ve-

shall, before the work of repairing said bridge actually begins,

hicles, etc.,
during bridge

if said work shall render travel impossible upon said bridge,

rebuilding.

make all proper arrangements for transporting persons, ve-

hicles and beasts across the Severn river while said bridge is

being repaired.

SEC. 12. And be it enacted, That the fund realized from the

Fund to be ap-
plied to pur-

sale of said bonds shall be applied to the purposes set forth in

poses set

this Act and for no other purpose, except that any surplus may

forth in this
Act

be used to defray the cost of transporting persons, beasts and

vehicles across said river while said bridge is being repaired,

and any balance shall be turned into the sinking fund, and the