WM. PRESTON LANE, JR., GOVERNOR. 27

town, a sum or sums of money which shall not, however,
exceed in amount at any one time the total sum of ten per
centum of the assessed valuation of all real and personal
property in the town appearing on the assessment books of
Prince George's County, and to issue bonds or certificates of
indebtedness therefor, which shall be payable on or before
ten years from the date of issuance, with interest not to
exceed the rate of six per centum, payable semi-annually,
unless of shorter duration, then at the maturity of said
obligation. The funds derived from the sale of said bonds or
certificates of indebtedness shall be deposited by the Mayor
and Town Council of Edmonston, Maryland, in, some safe
banking institution in the State of Maryland, to be deter-
mined by them, and to be subject to the check of the Town
Treasurer only when countersigned by the Mayor and two
members of the Town Council. Out of said funds shall be
paid only the proper expenses for the negotiation, sale and
liquidation of said bonds or certificates of indebtedness and
for the planning and construction of the roadways, alleys,
curbs, sidewalks, and gutters as provided for herein.

SEC. 3. And be it further enacted, That the Mayor and
Town Council of Edmonston, Maryland, be and they are
hereby authorized to do all acts not specifically mentioned
herein which may be necessary to issue and sell said bonds
or certificates of indebtedness, provide for the payment
thereof, and the interest thereon, and to arrange for and
construct the roadways, alleys, curbs, sidewalks and gutters
as provided for herein. The bonds or certificates of indebted-
ness hereunder shall be the direct obligation of the Mayor
and Town Council of Edmonston, Maryland, and the said
corporation shall be responsible therefor.

SEC. 4. And be it further enacted, That the Mayor and
Town Council of Edmonston, Maryland, shall have power to
assess against the abutting property and collect from the
owners thereof the cost of roadways, alleys, curbs, sidewalks
and gutters, assessment being in proportion to the number of
assessable front feet owned, abutting on the streets where
same are constructed or about to be constructed; provided
that where property fronts or abuts on two or more streets,
where such improvements are made, or about to be made, the
abutting front feet shall be computed for the purpose of
assessment hereunder, as one-half of the total front feet
abutting on said improvements.

SEC. 5. And be it further enacted, That such assessments
when made, shall constitute a tax or lien upon such abutting
property with priority over all liens recorded after the pass-
age of this Act, and shall be payable in ten equal annual
installments from the date of said assessment, said install-