CARROLL COUNTY. 1781

time after ten days after the return and recordation of the verdict or award
in said proceedings, the said Mayor and Common Council may enter and
take possession of the property so condemned, upon first paying to the
Clerk of the Court the amount of said award and all costs taxed to date,
notwithstanding any appeal or further proceeding upon the part of the
defendant; at the time of said payment, however, they shall give their
corporate undertaking to abide by and fulfill any judgment on such appeal
or further proceeding.

1924, ch. 93, sec. 3.

193. The said bonds shall be issued in such denominations as the
Mayor and Common Council of Manchester deem best, with coupons at-
tached thereto, for the payment of interest thereon semi-annually on the
first days of January and July in each and every year until the maturity
thereof, said coupons to bear the signature of the Mayor and the Clerk to
the Mayor and Common Council of Manchester printed or written thereon.
Said bonds shall be dated the first day of July, 1925, shall bear interest
from the date thereof at a rate not to exceed 5 per cent, per annum,
payable semi-annually, and shall be forever exempt from municipal,
county and state taxation. The said bonds may be either serial bonds or
sinking fund bonds, and if serial bonds, shall be so issued as to mature in
thirty years from their date; but if said bonds are sinking fund bonds,
they shall be so issued as to mature in forty years from their date. Pro-
vided, that if for any reason, the commencement of the work of constructing
the water supply system shall be delayed beyond July 1, 1925, that the
said Mayor and Common Council of Manchester are authorized, em-
powered and directed to date all of said bonds at such period of any year
in which the work of construction is being started, as may be suitable, and
to fix the maturity of said bonds at thirty years from their date if serial
bonds, and at forty years from their date if sinking fund bonds; and
provided further, that the Mayor and Common Council of Manchester
may, at their option, redeem any or all of said bonds at any time after
thirty years from their date of issue.

1924, ch. 93, sec. 4.

194. When said bonds shall be executed as herein prescribed, the said
Mayor and Common Council of Manchester shall advertise the same in at
least one newspaper published in Carroll County, and in one newspaper
published in the City of Baltimore, inviting sealed proposals for the pur-
chase of said bonds, or any part thereof, with the privilege of said Mayor
and Common Council of Manchester to reject any or all bids. The Mayor
and Common Council of Manchester aforesaid may advertise the said bonds
for such length of time as in their discretion is adequate notice to the pub-
lic, and may offer all of said bonds for sale at the same time, and may
offer them at different intervals, in such installments and amounts as they
may deem advantageous to said town in carrying on the work of con-
structing or acquiring the property for which the same are issued. The
money arising from the sale of said bonds shall be kept as a separate fund