PHILLIPS LEE GOLDSBOROUGH, ESQ., GOVERNOR. 1369

fioners over and above what has been actually required to
pay the existing creditors of the county.

Ibid. art. 16, sec. 66.

157. To redeem the bonds issued under the Acts of 1882,
Chapter 38; 1S90, Chapter 41; 1898, Chapter 257; 1904,
Chapter 220; 1904, Chapter 641; 1908, Chapter 114; 1910,
Chapter 672, the county commissioners shall annually levy
upon the assessable property of said county a tax sufficient to
pay the interest thereon, and the principal of such portion as
may mature in each year after the date of their issue as now
levied.

1892, ch. 455, sec. 1.

158. That whenever two-fifths of the capital stock of any
turnpike company in Montgomery county, chartered and organ-
ized from and after the passage of this act shall have been
subscribed for and taken by responsible bona fide stockholders,
the county commissioners of said county are hereby authorized
and empowered to subscribe for such portion of the remaining
three-fifths of the capital stock as they, in their discretion,
may deem proper in the name and for the benefit of said
county, and shall be entitled to be represented at all meetings
of the stockholders of said company by the county commis-
sioners for the time being, or by such person or persons as
may be duly authorized by them provided said roads or roads
so subscribed to shall be graded for a width of twenty feet,
fourteen of which shall be covered with stone of an average
depth of nine inches; provided also, that in accordance with
the provisions of Article three, section fifty-four, of the Con-
stitution, sees. 158 and 159 of this act shall be published in
the newspapers printed in said county for two months before
the next election for members of the House of Delegates, and
shall also be approved by a majority of all the members elected
to each House of the General Assembly of Maryland at its
next session after said election.

1892, ch. 455, sec. 2.

159. That the county commissioners of said county are
hereby authorized to issue the bonds of the county to the
amount of the stock so subscribed and to negotiate said bonds
upon the most favorable terms; provided they shall not be
sold for less than par; and the said county commissioners are
authorized to levy upon the assessable property of the county
an amount sufficient to pay the annual interest upon said bonds
and the principal at maturity.