110 LAWS OF MARYLAND. [Ch. 54]

SEC. 4. And be it enacted, That for the purpose of raising
the necessary money for building said brick school building,
including said heating apparatus, the building committee be
and they are hereby authorized and directed to sell the school
buildings now in the said Town of Vienna, either at public or
private sale, as they should deem most advantageous, for cash,
the proceeds derived from the sale of said buildings to be paid
over by the said building committee to the Treasurer of the
Board of County School Commissioners to be applied by them
as hereinbefore provided; and that the said School Commis-
sioners for Dorchester County be and they are hereby author-
ized and directed to issue bonds in the name of the Board of
County School Commissioners of Dorchester County, with the
endorsement thereon of the County Commissioners of Dorches-
ter County, which endorsement said County Commissioners are
hereby authorized and required to give, to the amount of ten
thousand dollars, or so much thereof as the building committee
shall require; that said bonds shall be exempt from county and
municipal taxation in Dorchester county, and be issued in sums
of not less than one hundred dollars nor more than five hundred
dollars each, and to be signed by the President of the said Board
of School Commissioners and countersigned by the secretary of
said board, with the corporate seal of said board attached. That
said bonds shall be dated the first day of July, 1912, and shall
bear interest at the rate of five per cent, per annum, payable
on the first day of January and July in each year, until said
bonds are respectively paid; for which semi-annual interest,
proper interest coupons, payable to the bearer, shall be attached
to said bonds to be signed by the President of the Board of
County School Commissioners and countersigned by the secre-
tary thereof; said bonds shall be made payable to the bearer and
shall have printed on them a distinct reference to this act as
authorizing the issue thereof, which said bonds shall be endorsed
by the County Commissioners of Dorchester County; that the
credit of said county shall be pledged thereby for the payment
of the said principal and interest; that such endorsement shall
be by the President of the Board of County Commissioners of
Dorchester County, as such signing the same and the clerk of
said County Commissioners countersigning the same with the
corporate seal of said County Commissioners attached thereto.

SEC. 5. And be it enacted, That the said bonds shall be
issued in ten series, each consisting of one-tenth of the amount
of the bonds to be issued by the said School Commissioners
under this act, and shall be paid and redeemed, both principal
and interest, by the County Commissioners of Dorchester