ALBERT C. RITCHIE, GOVERNOR. . 373

countersigned by the County Treasurer with the seal of
the County Commissioners of Carroll County affixed, and
bearing interest at a rate not exceeding four and one-half
per centum, payable annually on the first day of January,
in each year; twenty-five of said bonds are to mature and
be payable on January 1, 1935, in the consecutive order of
their number; Bonds Nos. 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12,
13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, falling due
January 1, 1935; and thereafter i twenty-five of said bonds
(Bonds Nos. 26 to 50, both inclusive), in their order shall
mature and be payable on January 1, 1936; and thereafter
twenty-five of said bonds (Bonds Nos. 51 to 75, both in-
clusive), in their consecutive order shall mature and be
payable on January 1, 1937; and thereafter twenty-five of
said bonds (Bonds Nos. 76 to 100, both inclusive), in their
-consecutive order shall mature and be payable on January
1, 1938; and) thereafter twenty-five of said bonds "(Bonds
Nos. 101 to 125, both inclusive), in their consecutive order
shall mature and be payable on January 1, 1939; and there-
after twenty-five of said bonds (Bonds Nos. 126 to 150,
both inclusive), in their consecutive order shall mature
and be payable on January 1, 1940; and thereafter twenty-
five of said bonds (Bonds Nos. 151 to 175, both inclusive),
in their consecutive order shall mature and be payable on
January 1, 1941; and thereafter twenty-five of said bonds
(Bonds Nos. 176 to 200, both inclusive), in their consecu-
tive order shall mature and be payable on January 1, 1942.
The bonds shall be sold at public auction for such price,
in such manner and amount and on such terms and con-
ditions as the County Commissioners of Carroll County
may deem advisable, but not for less than their par value
and accrued interest.

SEC. 3. And be it further enacted, That the money de-
rived from the sale of said bonds shall be used and applied
exclusively (a) to the payment of all warrants and/or cer-
tificates of indebtedness issued for road purposes now out-
standing, including the repayment of the unpaid balance
of one hundred and fifty thousand dollars borrowed under
the authority, conferred by Chapter 519 of the Acts of

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