1694 ARTICLE 6.

dated on the day of their issue, and the same shall be exempt from county
and municipal taxation iu Caroline County.

1912, ch. 578, sec. 41.

515. The proceeds of sale from the said bond issue of twenty thou-
sand dollars ($20,000.00), or so much thereof as may be necessary for-
this purpose, shall be, by the said Commissioners of Ridgely, used and
applied exclusively to the payment of the cost and expense of installing
and constructing a system of sewers and disposal works for the Town of
Ridgely as the said Commissioners may order and direct, and the said
bonds are hereby declared to be first lien upon the taxable property situate
within the corporate limits of the said Town of Ridgely.

1912, ch. 578, sec. 42.

516. For the purpose of raising the: funds necessary to pay the interest
upon the aforesaid bonds and to redeem them when they become due, the
Commissioners of Ridgely are hereby authorized, empowered and directed
to annually levy and collect a special tax of not exceeding fifteen (15)
cents on every hundred dollars of taxable property within the corporate
limits of the Town of Ridgely. The proceeds of such tax shall be col-
lected by the Commissioners, and forthwith applied by them to the pay-
ment of interest upon and redemption of said bonds as it and they shall
become payable and redeemable, and the said taxes are hereby inviolably
dedicated to the payment of said interest and principal of said bond issue.
Said tax to be levied and collected as other taxes are now by law levied
and collected for said town.

1912, ch. 578, sec. 43.

517. In addition to the funds raised as specified in the foregoing sec-
tion, the Commissioners of Ridgely are hereby authorized, empowered and
directed to raise additional funds for the purpose of paying the interest
and principal of the bonds issued under this Act in the following described
manner, to wit: The Commissioners of Ridgely, from the approximate esti-
mate of the whole cost of constructing any sewer or system of sewers, in
accordance with any plan now, or that may hereafter from time to time be
adopted, shall apportion the said cost to each lineal foot of sewer to be
built in accordance with aforesaid system, said cost to be apportioned
alike upon each size of sewer, be it lateral or trunk sewer. The said cost,
thus determined, shall be paid by the property abutting upon the streets,
highways, lanes or alleys in which said sewers are constructed, at the
time of completing each sewer, and the aforesaid property shall be assessed
for said costs per lineal foot as follows, to wit:

1912, ch. 578, sec. 44.

518. All assessments shall be made upon the property abutting upon
that portion of any street, highway, lane or alley in which any public-
sewer may be constructed under this provision at the rate of seventy cents-