1886 LAWS OF MARYLAND. [CH. 769

the purposes specified in this Act, to issue and sell coupon
bonds not in excess of Two Hundred and Fifty Thousand Dol-
lars ($250,000) bearing interest not to exceed three per cent,
per annum which shall be free of all Maryland, State, County
and Municipal taxes.

(B) The Board of County Commissioners of Allegany County
shall by resolution prescribe the form and tenor of such bonds;
the date of issue; and the time and place at which interest is-
to be paid. The said bonds shall be in coupon form in de-
nominations of One Hundred Dollars ($100.) or any multiple
thereof. Such bonds shall be issued upon the serial maturity
plan in such manner that bonds in the amount of Ten Thou-
sand Dollars ($ 10,000.) shall mature and becme payable at
the end of the first year after the date of issue and at the end
of each year thereafter until all the bonds have been paid
and retired.

(C) Such bonds shall be designated County Infirmary and
Nursing Home Bonds and when issued shall be signed by the
President of the County Commissioners of Allegany County,
duly attested by the Clerk of the County Commissioners, and
the Corporate Seal of the County Commissioners shall be at-
tached thereto. The interest coupons attached to each of said
bonds shall bear the facsimile signature of the President of the
County Commissioners of Allegany County printed, litho-
graphed or engraved thereon.

(D) That all of the bonds authorized by this Act shall be
sold in the manner prescribed by Section 35 of Article 31 of
the Annotated Code of Maryland (1939 Edition) and any of
the proceeds of said bonds remaining after the acquisition of
a site and the acquiring, erection and equipping of the herein
mentioned County Infirmary and Nursing Home shall be
turned over to the County Treasurer of Allegany County and
shall be used to pay the interest on or in redeeming and paying
any of said bonds.

SEC. 3. And be it further enacted, That until all of the bonds
issued under this Act have matured and been paid, the County
Commissioners of Allegany County shall annually levy a tax
upon the assessable property of Allegany County sufficient to
pay the interest on the bonds outstanding and the principal
of the bonds maturing during the succeeding year.

SEC. 1. And be it further enacted, That Chapter 661 of the
Acts of 1943 be and it is hereby repealed.

SEC. 5. And be it further enacted, That this Act is hereby
declared to be an emergency measure and necessary for the