502 LAWS OF MARYLAND. [Ch. 345]

and by the treasurer of said county, and which shall be sealed
with the corporate seal of the said County Commissioners,
said bonds to be designated "Baltimore County Road Bonds"
and to be numbered and issued in denominations of one thou-
sand dollars ($1,000) each, said bonds to be numbered con-
secutively from one to fifteen hundred, inclusive, -and to bear
interest at the rate of 4 1/2 per centum per annum payable
semi-annually on the first day of January and July in each
year, at some bank, banking house or trust company, or its
agency in Baltimore county or Baltimore City, designated
by the Good Roads Commission of Baltimore County, which,
bonds shall be forever exempt from all county and municipal
taxes of and in Baltimore county. The coupons to be attached
to such bonds shall be authenticated by the lithographed or
engraved fac simile signature of the present treasurer, or of
any future treasurer of Baltimore county, and the County
Commissioners of Baltimore County may adopt and use for
that purpose the lithographed or engraved fac simile signa-
ture of any person who shall have been such treasurer, not-
withstanding the fact that he may have ceased to be such
treasurer, at, the time when such bonds shall be actually certi-
fied and delivered. Bonds Nos. 1 to 300, inclusive, aggre-
gating three hundred thousand dollars ($300,000), shall be
issued and dated the first day of July, 1912, and shall bear
interest from the date thereof, at the rate of 4 1/2 per centum
per annum, payable semi-annually as "aforesaid; Bonds Nos.
301 to 600, inclusive, aggregating three hundred thousand dol-
lars ($300,000), shall be issued and dated the first day of
July, 1913, and shall bear interest from the date thereof, at
the rate of 41/2 per centum per annum, payable semi-annually
as aforesaid; Bonds Nos. 601 to 900, inclusive, aggregating
three hundred thousand dollars ($300,000), shall be issued
and dated the first day of July, 1914, and shall bear interest
from the date thereof at the rate of 4 1/2 per centum per annum,
payable semi-annually as aforesaid; Bonds Nos. 901 to 1200,
inclusive, aggregating three hundred thousand dollars ($300,-
000), shall be issued and dated the first day of July, 1915,
and shall bear interest from the date thereof, at the rate of
41/2 per centum per annum, payable semi-annually as afore-
said, and Bonds Nos. 1201 'to 1500, inclusive, aggregating
three hundred thousand dollars ($300,000), shall be issued
and dated the first day of July, 1916, and shall bear interest
from the date thereof at the rate of 41/2 per centum per
annum, payable semi-annually as aforesaid; and all of said
bonds shall be so issued, that one hundred thousand dollars