PHILLIPS LEE GOLDSBOROUGH, GOVERNOR. 119

dollars nor more than five hundred dollars; the said bonds to
bear interest from the date of issue thereof at the rate of not
more than five per centum per annum, payable semi-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
each of said bonds, respectively, for the interest due and pay-
able 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 in one series and be
redeemable as follows, that is to say, not less than one thou-
sand dollars ($1,000.00), thereof in one year from the 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 coupons shall have been fully paid; and to this
end the said County Commissioners shall issue the said bonds
in serials, redeemable in their proper order; and the said bonds
shall be sold after due advertisement at public or private sale,
in the discretion of the said County Commissioners, and none
of said bonds shall be sold for less than par.

SEC. 4. And be it further enacted, That the said County
Commissioners shall cause to be levied upon and collect from
the taxable property of the seventh, fourth and thirteenth elec-
tion districts of said county, an additional tax annually suf-
ficient to pay the said bonds and interest as the said bonds and
interest or coupons may severally mature, as provided herein,
the amount so assessed to be equally divided between the three
election districts as aforementioned; according to the mileage
of said road or roads within each district, and in computing
such road mileage of any part of the said road or roads consti-
tuting a boundary line between two districts, each district shall
be charged with one-half of the mileage constituting such
boundary line; and the special tax or levy shall be a lien upon
the taxable property of each of the said election districts upon
which it so levied, and the said tax shall be collected in like-

manner as other taxes levied in said county are collected, and

when collected shall be applied as hereinbefore provided, to
the payment of the said bonds as they severally mature and the
interest thereon semi-annually, which said bonds and coupons
when issued shall be non-contestable for any cause whatsoever,
and the said bonds and coupons so issued when redeemed,
whether before or at maturity, shall be cancelled, and it shall
be the duty of the County Commissioners to immediately cancel
the same.