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538
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LAWS OF MARYLAND.
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Redeemed.
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SEC. 6. Be it enacted, When a bond shall be re-
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deemed, its date, amount and the name of holder
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shall be entered on the minutes, and the date of
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payment with rate of discount ; and the said bond
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shall be taken by the Commissioners or their clerk
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to the Clerk's office, and then be destroyed in the
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presence of the Clerk of the Circuit Court or his
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deputy; and the clerk shall note the date, amount,
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holder and day of "destruction on the minutes of the
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court.
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Advantageous.
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SEC. 7. Be it enacted, If at any time proposals shall
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be so advantageous that the County Commissioners
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shall desire to accept more of the bonds than they
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have money to use, and they have outstanding in-
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vestment which can be used, converted and used for
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that purpose, and the Commissioners shall think it
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judicious, they are empowered so to use said in-
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vestments.
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Partially paid.
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SEC. 8. Be it enacted, If a bond be duly, partially
paid, the date, amount and holder of the bond shall
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be entered on their minutes, with the amount and
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date of payment, and the partial payment shall be
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also entered on said bond, and attested by the Clerk
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of the Commissioners under the seal of the Com-
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missioners, and in such case the coupons shall all be
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cut off and destroyed as cancelled bonds, and in the
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same presence; and the bond shall have interest on
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balance from the date of credit, endorsed as other
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bonds having no coupons attached, but said interest
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shall be payable semi-annually as before, at the office
of the County Commissioners; but no holder of a
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bond shall be compelled to accept a partial payment
at a rate of abatement proposed, unless he shall have
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so offered in his proposal.
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Shall always
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SEC. 9. Be it enacted, The County Commissioners,
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exhibit
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with their annual publication of county receipts and
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expenditures, shall always exhibit what has been
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done in pursuance of this act.
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In force.
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SEC. 10. Be it enacted, That this act shall take effect
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from the date of its passage.
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Approved April 11th, 1874.
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