PHILLIPS LEE GOLDSBOROUGH, ESQ., GOVERNOR. 551

treasurer of Anne Arundel county, or other officer or officers
who may be authorized by law to collect the State taxes in
said county, or if there should be at any time no State tax levied
by law, then in that case by such county treasurer, collector
or other officer or officers as may be by law authorized to collect
the county taxes in said county, and shall be subject to the
order of the County Commissioners of Anne Arundel County
when collected, and shall be by said County Commissioners
deposited in some savings bank or trust company to meet the
interest upon said bonds, and to create a sinking fund for the
redemption of said bonds at maturity, and a statement of the
condition of said sinking fund to be certified to by the presi-
dent and secretary of the savings bank or trust company where
said sinking funds are deposited, shall be published each year
during the first week in January in the papers doing the
county printing or the said County Commissioners may invest
said sinking fund in the purchase of the bonds hereby author-
ized to be issued, or the stock or bonds of this State or of other
States of the Union, or of the City of Baltimore, or of any of
the counties or municipalities of this State, for the purpose of
creating a sinking fund for the redemption of said bonds at
maturity. And the interest, income or dividends derived from
such investment shall also be from time to time so invested
by the County Commissioners, and the said sinking fund and
the investment thereof shall be kept sacred and inviolate for
the redemption of said bonds as they shall mature, and any
person or persons, either as public officials or otherwise, who
shall divert or attempt to divert said sinking fund, shall be
guilty of a misdemeanor, and upon indictment and conviction
shall be fined a sum not exceeding one thousand dollars, and
confined in the county jail for a term not exceeding one year.

SEC. 6. And be it enacted, That until the payment in full
of the whole amount of the principal of said bonds all dividends
which may be declared by the said company upon the said stock
so to be subscribed for shall so long as the said stock shall con-
tinue to be owned by the county and held by the County Com-
missioners, be paid by the said company to said County Com-
missioners to be invested by them in the increase of said sink-
ing fund, is invested in stocks and bonds, as provided in section
5, it shall be the duty of the County Commissioners to publish
during the first week of January in each year, under their
hands and seals, in the newspapers published in Anne Arundel
county doing the county printing a full statement of the exact
condition of said sinking fund.