HARRY W. NICE, GOVERNOR. 489

(52) $35, 000 Montgomery County Funding Bonds of 1934,
Series B, dated May 15, 1934, issued under Chapter 25 of
the Acts of 1933, Special Session, and maturing $20, 000 on
May 15, 1938 and $15, 000 on May 15, 1939.

(53) $20, 000 Montgomery County Funding Bonds of 1934,
Series A, dated May 15, 1934, and issued under Chapter
25 of the Acts of 1933, Special Session, and maturing
$10, 000 on May 15, 1938, and $10, 000 on May 15, 1939.

(54) $2, 000 Thirteenth Election District Road Bonds, dated
June 1, 1924, issued under Chapter 122 of the Acts of
1924, and maturing f 1, 000 on June 1, 1938, and $1, 000 on
June I, 1939.

(55) $10, 000 Montgomery County Court House Bonds, dated
June 1, 1928, issued under Chapter 385 of the Acts of
1927, and maturing $5, 000 on June 1, 1938, and $5, 000 on
June 1, 1939.

(56) $10, 000 Montgomery County School Gymnasium Bonds,
dated June 1, 1928, issued under Chapter 481 of the
Acts of 1927, and maturing $5, 000 on June 1, 1938, and
$5, 000 on June 1, 1939.

(57) $5, 000 Montgomery County Court House Site Bonds, dated
June 15, 1931, issued under Chapter 156 of the Acts of
1931, and maturing on June 15, 1939.

(58) $6, 000 Montgomery County School Funding Bonds, dated
June 15, 1931, issued under Chapter 193 of the Acts of
1931, and maturing $3, 000 on June 15, 1938, and $3, 000
on June 15, 1939.

(59) $16, 000 Montgomery County Road Construction Bonds of
1931, dated June 15, 1931, issued under Chapter 194 of the
Acts of 1931, and maturing $4, 000 on June 15, 1938, and
$12, 000 on June 15, 1939. Provided, however, that if the
assessable basis of the County for the fiscal year begin-
ning July 1, 1938, and ending June 30, 1939, shall exceed
the assessable basis of the County for the current fiscal
year ending June 30, 1937, the amount of refunding bonds
which may be issued hereunder for the purpose of refund-
ing bonds described above which mature after June 30,
1938, shall be reduced by an amount equal to 1%% of the
amount by which the assessable basis of the County for
the fiscal year beginning July 1, 1938 and ending June 30,
1939 exceeds the assessable basis of the County for the
current fiscal year ending June 30, 1937.

SEC. 2. And be it further enacted, That said Board shall
have full authority by resolution to carry out all of the powers
conferred by this Act, and any such resolution shall be in force
and effect from and after its passage. Said Board shall by
resolution determine the rate or rates of interest to be paid on