2368 ARTICLE 10.

tain and operate the said systems, to purchase or condemn whatever prop-
erty, rights of way, water rights or other facilities that may be required;
and to do all other corporate acts, including the employment of engineer-
ing and other services, that may be necessary for carrying out the provi-
sions of this Act.

1922, ch. 423, sec. 2.

548. "The Commissioners of Vienna" are authorized, empowered and.
directed to borrow money on the faith and credit of said town not to
exceed in the aggregate the sum of twenty thousand dollars ($20,000.00),
and to issue coupon bonds of said towr. in payment of said sum and inter-
est to accrue, provided, however, that the question of the issuing of said
bonds shall be submitted to the voters of said town qualified to vote for
the Commissioners of Vienna at the election to be held in said town, as
hereinafter provided. The said bonds shall be issued in the denomina-
tions of five hundred dollars ($500.00): each shall have coupons attached
for the interest thereon, payable semi-annually at the rate not exceeding
6% per annum. The bonds shall be signed by "The Commissioners of"
Vienna" with the corporate seal of said Commissioners affixed and shall
be registered by the clerk of said Commissioners in a book to be kept for
that purpose. The coupons attached to said bonds shall be signed by the
clerk of the said Commissioners. Said bonds shall be issued at such time
as "The Commissioners of Vienna" shall determine, subject to the pro-
visions of this Act. The bonds shall be designated as the "Vienna Water
Bonds" and numbered consecutively from one to forty inclusive, and shall
be redeemable in the order in which they are numbered in sums of five
hundred dollars ($500.00) in each and every year beginning two years
from the date said bonds are issued, the first bond redeemable at said date
being Bond No. 1 for the said sum of five hundred dollars ($500.00), and
one bond for the said sum of five hundred dollars ($500.00) according to
consecutive number, shall be paid each year thereafter until all of said
bonds shall have been paid. The said bonds shall be exempt from State,
county and municipal taxation and shall have printed on them a reference
to the Act of Assembly authorizing their issue.

1922, ch. 423, see. 3.

549. The said bond shall be sold only to the highest responsible bid-
der, upon the receipt of sealed bids, after due and proper advertisement
in the public press; provided, however, that "The Commissioners of
Vienna" may reject all bids, if they shall deem such action advisable.
"The Commissioners of Vienna" may sell all of said bonds at one time
or thev may sell them in more than one series, as they may deem advan-

tageous in carrying on the work for which the same are issued. The money
arising from the sale of said bonds shall be kept as a separate fund by
"The Commissioners of Vienna," to be exclusively used for the purpose
of designing, installing and constructing the water supply system pro-
vided for by this Act, and all taxes and assessments levied and collected,