1144 LAWS OF MARYLAND. [Ch. 697]

applied by them for the purposes of building, improving and
relocating said roads as hereinbefore mentioned.

SEC. 2. And be it further enacted, That the said County
Commissioners be and they are hereby directed upon the execu-
tion and assurance by satisfactory evidence in writing upon such
terms and conditions as said County Commissioners may pre-
scribe and determine for the payment by donation of a sum of
five thousand dollars, as herein provided, to borrow on the credit
of said county the sum of thirty-five thousand dollars, or so
much thereof as may be necessary, and the said County Com-
missioners shall issue coupon bonds therefor under the corporate
seal of said County Commissioners signed by the president of
the Board of County Commissioners and countersigned by the
Clerk thereof, in the sum of one thousand dollars each in series
numbering from one to thirty-five, inclusive, or so many thereof
as may be necessary; and the said bonds to bear interest from
the date of issue thereof at not more than the rate of five per
centum per annum, payable annually, and which said interest
to the maturity of each of said bonds shall be provided'for and
set forth in the coupons attached to to each of said bonds, respec-
tively, for the interest due and payable thereon, and which said
bonds shall have printed on them a distinct reference to this
act authorizing the issue.

SEC. 3. And be it further enacted, That all bonds issued
under the provisions of this act shall be redeemable as follows,
that is to say, one thousand dollars ($1,000.00) thereof in one
year from tie date of their issue and thereafter annually one
thousand dollars ($1,000.00) each and every year until the
whole amount of said bonds and interest coupons shall have
been fully paid; and to this end the said County Commis-
sioners shall issue the said bonds in 35 serials, or so many
thereof as may be necessary, redeemable in their proper order.
The last bond of said serial to be redeemable in 35 years from
the date of issue; and the said bonds issued shall be sold after
due advertisement at public or private sale, in the discretion of
the County Commissioners.

SEC. 4. And be it further enacted, That the said County
Commissioners shall cause to be levied upon and collected from
the taxable property of the Fourth Election Rockville District
and the Sixth Election Darnestown District of said county an
additional tax annually sufficient to pay the said bond and inter-
est, as said bonds or interest coupons may severally mature as
herein provided, the amount to meet the principal of the bonds
and the interest thereon; and the said special tax or levy shall
be a lien upon the taxable property of each of said election dis-