JAS. BLACK GROOME, ESQUIRE, GOVERNOR. 475

ally on the tenth days of January and July in each
year, and the principal of said bonds to be made re-
deemable at any time within thirty years from the
date thereof.
SEC. 3. And be it enacted, That it shall be the duty
of the President and Directors of said company to
provide for the payment of the interest of said bonds as it shall become due, and annually to lay aside from	Create Bulking fund
the rents and profits of said water works, as a sink-
ing fund, a sum sufficient in the aggregate to secure
the payment of all bonds issued under this act, at
their maturity.
SEC. 4. And be it enacted, That all moneys raised
by the sale of the bonds, issued under this act, shall
be appropriated to and used exclusively for the in-	Used exclu-
crease and extension of the water supply as aforesaid;	sively
and it shall not be lawful for the President and Di-
rectors of said company, or any agent by their order,
to sell or dispose of any of said bonds, for a less sum
than nine-tenths of their par value.
SEC. 5. And be it enacted, That this act shall take
effect from the date of its passage.	In force
Approved April 11th, 1874.

CHAPTER 331.
AN ACT to incorporate the Lonaconing Bank of
Lonaconing, Maryland.
SECTION 1. Be it enacted by the General Assembly of
Maryland, That John S. Combs, Henry Hanehamp,
G. Ellis Porter, John Douglas Sr., John Pregan,
O. D. Robbins, P. S. Tully, Alexander Sloan, A.
Jackson Clark, and their successors, shall be and	Incorporated
they are hereby constituted a body politic ; by the
name of the Lonaconing Bank, and by that name
shall have perpetual succession, and be capable in
law to hold and dispose of property, to sue and be