PRINCE GEORGE'S COUNTY. 3953

not exceeding ten thousand dollars, and to issue the registered bonds of
said town in payment of the sum so borrowed. The said bonds shall be
for sums not less than one thousand dollars nor more than one thousand
each, to be signed by the Mayor and countersigned by the clerk to the
City Council, with the corporate seal of said town there to be affixed, and
to be registered by said clerk and the treasurer of said town in a separate
book, to be specially provided for the purpose. The said bonds shall be
issued at such time as the said Mayor and City Council shall determine,
provided that the date of the issue thereof shall not be later than the first
day of January, nineteen hundred and one; they shall bear interest at
the rate of four per cent, per annum, said interest to be paid semi-annually
beginning six months from the date of their issue; shall be payable as to
the principal thereof in forty years from the date of their issue; shall be
forever exempt from all county and municipal taxation for any purpose,
and shall have printed on them a distinct reference to the Act of Assembly
authorizing the issue thereof.

Waters v. Laurel, 93 Md. 221.

1900, ch. 169, sec. 2. 1912 Code, sec. 419.

676. The Mayor of the said town and the three members of the City
Council elected and hereafter to be elected to represent the three wards,
together with Charles H. Stanley, Henry C. Frost, Philip P. Castle and
John W. Whiteside, citizens and taxpayers of said town, shall be and they
are hereby constituted the Water Board of Laurel, and as such Water
Board, they are hereby authorized and empowered to construct and erect
water works for the said town, and to contract for the purchase in fee sim-
ple or lease for a term of years, renewable at their pleasure, and land,
real estate, spring, brook and watercourse, and to use and occupy forever
or for a term of years any land, real estate, spring, brook or watercourse
which they may deem expedient and necessary for the purpose of furnish-
ing said town with water, and they are hereby vested with all the rights
and powers necessary for the introduction of water in said town. If for
any cause the said Water Board of Laurel shall be unable to agree with
any owner of real or leasehold, spring, brook, water or watercourse or any
other material which partakes of or is a part of realty, or for any right-of-
way which they may find necessary for the conduits of said water in its
entry into said town, or if such owner is under any disability or incapacity
to contract, or absent, or unknown, the said Water Board of Laurel is
hereby clothed with the power of condemnation under the right of eminent
domain, as provided in section 203 of Article 23 of the Code of Public
General Laws of Maryland as fully as if said section had been herein in-
corporated; and their manner and procedure in condemnation for the
purpose of this Act shall in all particulars be the same as is provided by-
said section 203 of said Article 23. The four citizens' names in this act
shall serve one for one year, one for two years, one for three years and