ROBERT M. McLANE, ESQUIRE, GOVERNOR.

229

able at the pleasure of the said board of county commis-

sioners at or before their maturity, and none of the

How vedeem-

said bond shall be issued to mature before the first

able.

day of June, in the year eighteen hundred and eighty-

five.

SEC. 4. And be it enacted, That to redeem said

bonds the board of county commissioners of Garrett

county shall annually levy upon the assessable prop-

erty of said county a tax sufficient to pay the interest

Bonds— how

upon the bonds so issued under the provisions of this

redeemed.

act, and so much of the principal thereof as shall

annually mature according to the respective tenor of

the aforesaid bonds, and the said levy shall be desig-

nated as the Garrett county school debt.

SEC. 5. And be it enacted, That the proceeds aris-

ing from the sale of the aforementioned bonds shall

be, as soon as realized, paid over by the county com-

missioners of said county to the treasurer of the board

Proceeds of
bonds— how sup-

of county school commissioners of Garrett county,

plied.

who shall immediately apply the same to the pay-

ment of the aforesaid indebtedness now due by said

board of county school commissioners, and no other

purpose.

SEC. 6. And be it enacted, That hereafter the board

of county school commissioners of Garrett county

Amount ex-

shall not expend for school purposes, or for any other

ponded in one

purpose, a greater sum of money, in any one year,

year.

than shall have been levied by the county commis-

sioners for said county for the same year, in addition

to the sum or sums annually received by the said

board of county school commissioners of said county

from the treasurer of the state; and the said board of

county school commissioners of Garrett county is

hereby absolutely prohibited from borrowing from any

Prohibited

source whatever, or for any purpose, any sum or sums

from borrowing

of money which shall be in excess of the moneys

which it, the said board, shall be entitled to receive

from the sources mentioned in this section; and it

shall not be lawful for the board of county school

commissioners of Garrett county to contract or pay

any debt or debts in excess of the annual revenue

provided for them by law for school purposes; nor

shall the county commissioners of said Garrett county

assume or pay any debt, or any portion of any such

debt, as shall or may be contracted in violation of the

provisions of this act.