234

LAWS OF MARYLAND.

Seventh. A drain commencing on the west side of North

Mulberry street, at Broadway, and running- thence southeast-

ly, between Cannon avenue and Mulberry street to Jefferson

street, thence to East avenue, said drain in length to be about

sixteen hundred feet.

Eighth. A drain connecting at the culvert across North

Moneys un-
used.

Potomac street, near the Western Maryland Railroad, and run-

ning southeastwardly to the cast side of North Locust street,

such drain in length to be about five hundred feet. And should

there remain any part or portion of said money realized from

the sale of said bonds after the construction, improvement or

repair of the aforesaid drains, such part or portion so remain-

ing shall be used for the repair or improvement of any other

drains now existing in the corporate limits of the town of

Hagerstown.

SEC. 2. And be it enacted. That to provide for borrowing

Mayor's and

the monev as authorized by the preceding section, the Mayor

Council's
authority.

and Council is empowered to issue bonds in such denominations

as it may determine, said bonds to be signed by the Mayor

and attested by the Clerk of the Mayor and Council, with the

seal of the town attached, and registered in a book to be kept

by the said Clerk, and to bear interest at the rate of four per

centum per annum, payable on the first day of January and

July in each and every year, until the principal of said bonds

is paid ; said bonds to be sold at public auction at such times

and in such amounts as shall be requested of the Mayor and

Council by the Board of Street Commissioners ; provided, that

Bonds not to

the whole amount of said bonds issued shall not exceed seven

be taxed.

thousand dollars, and said bonds shall not be liable to county

and municipal taxation.

SEC. 3. And be it enacted. That to provide for the pay-

Providing for

ment of said bonds, as authorized bv Section I of this Act,

bonds as
they mature.

as they shall mature, and for the payment of the annual in-

terest thereon, there shall be levied by the Mayor and Coun-

cil annually for three years an amount sufficient to pay the

interest of the said bonds so issued, and at the expiration of

three years there shall be levied annually by the Mayor and

Council an amount sufficient to pay the interest on the debt

and one thousand dollars of the principal thereof; and the

said bonds so issued shall be made to fall due so as to be

payable as herein provided.

SEC. 4. And be it enacted. That said bonds when signed

by the Mayor and attested by the Clerk, as directed by Sec-