WM. PRESTON LANE, JR., GOVERNOR. 1579

Education of Washington County shall deem it advisable
to pay the balance owing on contracts for the completion
and equipment of additions now being made to Washing-
ton Street Junior High School in Hagerstown, Maryland,
and to repay the County Commissioners for sums hereto-
fore advanced by them for this purpose and to construct
and equip the North Street High and Elementary School
for Colored People in Hagerstown, Maryland, and/or to
construct, alter, recondition and enlarge other school build-
ings in the City of Hagerstown and in Washington County,
and to furnish and equip the same for school purposes,
including the purchase of land if necessary, the said Board
of Education of Washington County may by resolution or
resolutions duly passed request the County Commissioners
of said Washington County to issue bonds or certificates
of indebtedness of said County to pay for the same and
upon the receipt of a copy of such resolution or resolutions
duly passed by the Board of Education of Washington
County setting forth the purpose and the amount of money
required for the same, the County Commissioners of said
County may from time to time by resolution order the
issue of bonds or certificates of indebtedness as hereinafter
provided in such amount as may be necessary to meet said
requirements, but the total amount of bonds or certificates
indebtedness issued hereunder in different series from
time to time in accordance with such requests and resolu-
tions of the Board of Education of said County shall not
exceed in the aggregate the sum of One Million Five
Hundred Thousand Dollars ($1,500,000.00) and the pro-
ceeds shall be spent in accordance with the provisions
hereof.

SEC. 2. And be it further enacted, That such bonds or
certificates of indebtedness shall be issued in denominations
of One Thousand Dollars ($1000.00) each and shall have
semi-annual interest coupons attached and each issue shall
be in series lettered accordingly. The County Commis-
sioners in the aforesaid resolution or resolutions shall fix
the date of issue of each series; determine the maturity
thereof, not exceeding twenty-five (25) years after the
date of issue, and fix the amount to be paid each year;
and fix the rate of interest to be paid on said bonds or
certificates of indebtedness or designate how the rate of
interest may be determined when said bonds or certificates
are offered for sale, provided said interest rate shall not
exceed three per cent (3%) per annum, payable semi-
annually, in each year, during which said bonds or cer-
tificates of indebtedness shall be outstanding and remain