ELIHU E. JACKSON, ESQUIRE, GOVERNOR. 97

	CHAPTER 121.
	AN ACT to authorize the county commissioners of Prince George's
	county to issue bonds to an amount not exceeding eighty thou-
	sand dollars, bearing four per cent, interest and the same to be
	sold at not less than their par value; a part of the proceeds
	thereof not exceeding fif ty thousand dollars to be used f or the
	purpose of paying deficiencies due by said county f or the years
	eighteen hundred and seventy-four, eighteen hundred and
	seventy-five, eighteen hundred and seventy-six, eighteen hun-
	dred and seventy-seven, eighteen hundred and seventy-eight,
	eighteen hundred and seventy-nine, eighteen hundred and eighty
	and eighteen hundred and eighty-one, and the residue of said
	proceeds to be used for the purpose of paying the current ex-
	penses of said county.
	SECTION 1. Be it enacted ty the General Assembly of Maryland,
	That the county commissioners of Prince George's county, be and
	they are hereby authorized and empowered to issue coupon bonds to
	an amount not exceeding eighty thousand dollars in sums of not less than one hundred dollars nor more than one thousand dollars,
	to be signed by the president of said board of county commission- ers and countersigned by the clerk thereof, and under the cor-	Coupon bonds.
	porate seal of said commissioners, bearing interest at the rate of
	four per cent, per annum, payable semi-annually on the first day of
	January and the first day of July of each year; which bonds shall
	be exempt from county and municipal taxation; the coupons when
	they become due shall be received by the treasurer of said county
	in payment of county taxes.
	SEC. 2. And be it enacted, That said bonds shall be payable
	thirty years from their date.	Payable.
	SEC. 3. And be it enacted, That said county commissioners are
	hereby authorized and required to sell said bonds to the highest bid-
	der for cash at a public letting of said bonds to be held by said
	county commissioners after not less than twenty days advertisement in one or more newspapers in the cities of Baltimore and Washing-	To sell
	ton; provided, however, that said commissioners shall not sell any
	of said bonds for less than their par value; and provided, also,
	that any premium derived from the sale of said bonds shall be ap-
	plied to the payment of the interest first accruing thereon.
	SEC. 4. And be it enacted, That the money arising from the sale
	of said bonds shall be used for the following purposes : so much
	thereof as may be required, not exceeding fifty thousand dollars,
	shall be applied in settlement of the deficiencies existing and due by
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