660 LAWS OF MARYLAND. [Ch. 463]

SEC. 12. Any teacher retired under the provisions of this
act shall continue as an employee of the Board of School Com-
missioners, but shall be compensated from the Teachers' Retire-
ment Fund provided for in this act, and it shall be the duty of
every teacher so retired to render, without extra compensation,
such teaching services and at such times as the Board of School
Commissioners shall direct; provided the Board of School Com-
missioners shall not direct any such retired teacher to perform
any teaching service except such as the board of trustees may
certify to the Board of School Commissioners to be in the rea-
sonable physical power of such retired teacher, and provided
further, that no such retired teacher shall be required to render
teaching service for a longer period than 15 days in any school
year.

SEC. 13. The board of trustees shall establish a permanent
fund, to the credit of which shall be put and deposited all gifts,
grants, devises and bequests, all other receipts for the first two
years during which this act shall have become operative, except
so much of such receipts as the board of trustees may require
during said two years to defray its expenses, and the unex-
pended balance remaining at the end of each fiscal year there-
after. And no part thereof shall be expended except the inter-
est and income thereof and therefrom; provided, however, that
one-half of the amount added to such permanent fund during
any year may be used, if necessary, during the year immedi-
ately following.

SEC. 14. This act shall not affect in any way the power of
the Board of School Commissioners to remove teachers from
service under the laws now in force.

SEC. 15. Upon the retirement of any teacher under section
8, the person so retired shall be entitled to receive a salary for
life out of the Teachers Retirement Fund equal to one-half of
his or her average annual salary for the five years immediately
preceding retirement, but no salary of any teacher shall be less
than $200.00 nor greater than $400.00 per annum, and the
board of trustees, subject to such reasonable rules or regula-
tions as the board may adopt, shall pay the salaries to the per-
son entitled thereto under this section and sections 8 and 9.

SEC. 16. Any person who shall cease to teach in the public
schools of said Allegany county before receiving any benefits
from said Teachers' Retirement Fund shall be entitled to the
return of one-half of the amount, without interest, which shall
have been paid into said Teachers' Retirement Fund by such
teacher; provided, however, should such teacher thereafter again