1268 LAWS OF MARYLAND. [Ch. 769]

shall not be disposed of by the said County Commissioners at
less than their par value together with accrued interest thereon.

SEC. 6. And be it enacted, That the said bonds shall be
issued in series from one to twenty-five, inclusive, according to
the aggregate amount issued, each series consisting of three
thousand dollars of said amount, and shall be redeemable and
payable as follows: Three thousand dollars thereof on the first
day of July in the year 1913 and thereafter annually on the
first day of July in each and every year, three thousand dollars
thereof, until the whole amount so issued shall have been paid.

SEC. 7. And be it enacted, That for the purpose of redeem-
ing said bonds at their maturity and for securing the prompt
payment of the interest thereon, the said County Commission-
ers are hereby empowered and directed to annually levy on the
assessable property of the said county such sum or sums of
money as shall, in their discretion, be necessary for the prompt
payment of the interest on said bonds and the principal thereof
when the same shall become due, which said sum or sums thus
levied shall be strictly applied to the payment of said interest
and to the redemption of said bonds, as the same shall mature,
and to no other debts or obligations of the said county; and said
levy to be designated on the records of the office of the said
County Commissioners, and on the face of the said bonds, as the
"General Improvement Bond Fund"; said bonds shall have
printed on them a distinct reference to this act directing their
issue.

SEC. 8. And be it enacted. That the bonds authorized by this
act shall be exempt from taxation in Queen Anne's county and
the municipalities of said county; and the due or overdue cou-
pons for interest shall be received by the County Treasurer of
said county in payment of county taxes.

SEC. 9. And be it enacted, That no part of the proceeds of
the sale of any bonds herein authorized to be issued shall be
applied in any manner to the payment of any existing indebted-
ness due by Queen Anne's county at the time of the date of the
passage of this act.

SEC. 10. And be it enacted, That when the building and
improvement of the sand-clay, gravel and shell roads and the
building of new bridges and culverts wherever the County
Road Engineer of Queen Anne's county and the County Com-
missioners of said county deem it necessary, and the building of
new roads and bridges under the State aid or "Shoemaker Road
Law" (if any be built), shall have been finished and completed,
then the County Road Engineer for Queen Anne's county shall
at once furnish the County Commissioners of said county with