TALBOT COUNTY. 4619

the credit of the Oxford Utilities Commission. He shall keep a separate
and accurate account of all receipts and disbursements, and shall annually
on or before the first day of February make a complete and detailed report
for the fiscal year which shall begin on. January 1st and end December
31st of each year, which shall be audited by such committee of persons
as may be appointed by the Commissioners of Oxford; and at such other
times as he may be required to do so by this Commission or by the Com-
missioners of Oxford he shall make such report and furnish such other
information as may be desired.

The Treasurer shall give bond, in the penalty of such sum as the Com-
missioners of Oxford shall require for the faithful performance of his
duties, the cost of which shall be paid by the Commission, and at the
expiration of his term of office shall turn over all money, books and papers
belonging to his office to his successor. That said Utilities Commission
shall have full power and authority to install electric wiring and fixtures
in the town of Oxford and vicinity, to purchase material and employ the
necessary labor for such work, to buy and sell electric materials and fix-
tures and to borrow money from time to time upon a note or notes of the
Commission, (which note or notes shall be binding upon the town of
Oxford and enforceable as such) such sum of money as may be necessary
to enable said Commission to carry on such work, such loans however shall
at no time exceed in the aggregate the sum of five hundred ($500) dol-
lars, provided a separate account shall be kept of the moneys expended
or received for and on account of such work, and that said Commission
apply at frequent periods, excess cash in hand from said work, to the
reduction of said loans if any be made.

1920, oh. 177, sec. 13.

357. The salary of each member of said Utilities Commission shall be
twenty-five ($25) dollars per annum, and each Commissioner before
assuming the duties of his office shall take the same oath as now prescribed
for other officers of the town of Oxford, and said Commission shall meet
for the transaction of business at least once a week, and at such other
times as may be deemed necessary, and shall keep a complete and accu-
rate account of its proceedings and of its receipts and disbursements and
shall report the same to the Commissioners of Oxford once a month or
oftener if required.

1920, ch. 177, sec. 14.

358. The said Utilities Commission shall be and they are hereby di-
rected and required to apply all revenues from the electric plant for pay-
ing the expenses of properly keeping up and operating said plant, and pay
over the surplus if any remains, the Commissioners of Oxford semi-
annually on or before the 31st day of May and the 30th day of November
in each and every year, which shall be used by the Commissioners of
Oxford for the payment of interest and for the redemption of the bonds
or notes bearing against said electric plant, herein authorized to be issued.