PHILLIPS LEE GOLDSBOROUGH, ESQ., GOVERNOR. 1501

poses, or for any other purpose, a greater sum of money in any
one year than the aggregate amount of its receipts for such
school year, including the amount annually levied for school
purposes by the county commissioners of said county and the
amount annually received by said board from the Treasurer of
the State; and said Board of County School Commissioners
shall not borrow any sum or sums of money in any one year in
excess of their actual receipts and incomes for such school year;
and it shall not be lawful for said county school commissioners
to contract or pay any debt in excess of the receipts of said
board during any such school year; nor shall the county com-
missioners of said county assume or pay any debt or portion
thereof contracted in violation of the provisions of this act;
provided, however, that it shall not be unlawful for said Board
of County School Commissioners to borrow money sufficient to
pay its teachers and other school employees at or about the 1st
day of June in each year in anticipation of the installment or
installments of State appropriations in said school year there-
after due and payable; and should the necessary expenditures of
said Board of County School Commissioners exceed the bona
fide estimate thereof to the extent of not exceeding five thousand
($5,000) dollars, this section shall not be so construed as to
prevent said Board of County School Commissioners from
anticipating its revenues from the next succeeding school year
to the amount of such indebtedness of not exceeding five thou-
sand ($5,000) dollars or prevent the county commissioners from
taking into consideration any such possible or actual deficit to
the extent of not exceeding five thousand ($5,000) dollars in
making its levy for school purposes.

1898, ch. 451, sec. 1.

526. That the Board of School Commissioners of Montgom-
ery County be and they are hereby required hereafter to pay
the salaries of the teachers of public schools in said county
monthly; and that said teachers be and they are hereby required
to make their reports to the said Board of School Commissioners
of Montgomery County monthly instead of quarterly.

1908, ch. 48, sec. 1.

527. That the minimum salaries of principal teachers of the
white public schools of Montgomery county, in schools where
the average attendance is forty or more pupils and the corps of
teachers consist of a principal teacher and one regularly ap-
pointed teacher, subordinate to the principal teacher, shall be
five hundred ($500.00) dollars for a school year, and in schools
where the corps of teachers consist of a principal teacher and