1982 WASHINGTON COUNTY. [ART. 22.

to be paid annually, upon the cost of making plans, surveys and
estimates, the cost of purchasing lands, buildings, water-rights,
rights of way, the cost of erecting and constructing buildings and
machinery, laying mains and pipes, and erecting reservoirs and
plugs for fire purposes, and the entire cost of completing water-
works of sufficient capacity to supply the demands of all the
inhabitants of Hagerstown for domestic and manufacturing pur-
poses, and for the extinguishment of fires and protection of prop-
erty in said town.

1880, ch. 457.

207. The mayor and council, in making contracts with said
joint stock water company, shall bind the said company to use its
revenues, incomes and receipts, except the money received from
the mayor and council, to pay the interest as hereinbefore men-
tioned upon the cost of constructing the said water works, in the
following manner and order of disbursements: first, to pay from
said receipts the working expenses and expenses of keeping the
said water works in complete repair, and thereafter with any un-
expended balance from said receipts, upon the order of the mayor
and council, to lay such additional water mains or pipes, and erect
such additional fire-plugs or hydrants, and make such improve-
ments as the mayor and council may direct; and any unexpended
balance thereafter shall be credited to the account of the mayor
and council and shall be deducted from the amount to be paid
the said joint stock water company on account of interest upon
the cost of construction as hereinbefore mentioned.

Ibid.

208. They shall also bind the said company to keep said water
works in complete repair and working order, and continue their
working at such periods and intervals as will furnish and fully
supply with water the demands of the corporation and inhabi-
tants thereof at all times and all hours; and said joint stock
water company shall not receive said amount of four thousand
dollars, nor any part thereof, unless they comply fully with the
provisions of sections 206 to 217, inclusive.

Ibid.

209. They shall also bind said company to make an itemized
statement, annually, of all their receipts, expenditures and indebt-
edness, and exhibit the same to the mayor and council.