FREDERICK; COUNTY. 2609

bonds are used, to be determined by the amount of the bond to be matured
or redeemed that year, and after deducting all amounts in hand applicable
to payment of interest and principal on said bonds, as hereinafter pro-
vided, they shall determine the number of cents per $100 necessary to raise
the said amount, and the said Mayor and Council of Mt. Airy in its next
annual levy shall levy said tax on all land and improvements and any
other property assessed for purposes within said town of Mt. Airy, which
tax shall be levied and collected as the said town taxes now are, or may be
hereafter by law levied and collected, and have the same priority rights,
bear the same interest and penalties, and in every respect be treated the
same as said taxes for the town of Mt. Airy now are. The tax so levied
for the ensuing year shall be collected by the tax collecting authorities
and every sixty days the said tax collector shall remit the full amount of
the tax so collected to the Mayor and Council of Mt. Airy. From the
money so received, together with the amount in hand, to the credit of said
bond fund, said Mayor and Council of Mt. Airy shall first pay all interest
on said bonds as it matures, and shall then deposit in some bank or banks
in Mt. Airy in its name as a fund to be known as the "Water Supply Sink
ing Fund Account," if sinking fund bonds are used, or as a fund to be
known as the "Water Supply Bond Account," if serial bonds are used, the
amount so raised for payment of the principal of said bonds. Should
receipts from said taxes or other sources be inadequate to pay the principal
on said bonds, by reason of defaults or otherwise, such deficiency shall be
added to and collected in the next year's tax, if sinking fund bonds are
used, or such deficiency shall be made up by a special tax on all of the
property taxed as aforesaid, if serial bonds are used. The Mayor and
Council of Mt. Airy is authorized to pay the interest on any bonds that it
issues prior to the first tax levying period out of the proceeds of the sale
of said bonds, if necessary. In order that the prompt payment of interest
and the proper provision for the payment of the principal of said bonds
shall be assured, the failure upon the part of any person, persons, body
corporate or agent to pay over the said funds as required, or to use said
funds, or any part thereof, for any other purpose than for the payment of
the principal and interest on said bonds, is hereby declared a misdemeanor
and punishable as other misdemeanors are punishable, by Section 257 of
this sub-title.

1924, ch. 12'6, sec. 6.

595. Whenever the plans and specifications for said water supply sys-
tem for said town shall have been completed, and said Mayor and Council
of Mt. Airy shall have decided, after opportunity for a hearing has been
given, to proceed with the construction, it shall advertise by notice in
such manner as it may deem proper, for bids for the construction of said
system, in parts or as a whole, as in its judgment may appear advisable.
The contract shall be let to the lowest responsible bidder, or the Mayor
and Council of Mt. Airy may reject any or all bids, and, if in its discretion
the prices quoted are unreasonable, it may re-advertise the work or any
part of it, or may do any part or all of the work by day labor, provided