150

LAWS OF MARYLAND.

CHAP. 115

shall remain unpaid a sum less than two thousand dollars,
and thereupon an amount sufficient to pay the balance of
said debt, with the interest thereon, shall be levied by the
Mayor and Council, and the said bonds so issued shall be
made to fall due so as to be payable as herein provided.
SEC. 4. And be it enacted, That said bonds, when signed
by the Mayor and attested by the clerk, as directed by Sec-

Bonds given to
tax collector,
etc.

tion 2 of this Act, shall be handed over to the tax collector,
who shall receipt for the same, which receipt shall be filed
and safely kept by the clerk of the Mayor and Council, and
the bond of the tax collector shall be responsible f or the safe
keeping by the said tax collector of said bonds and the pro-
ceeds thereof. The tax collector shall sell said bonds at
public auction at such times and in such amounts as the
Mayor and Council shall order; he shall transfer and
deliver the same to the purchaser and receive the money
therefor, and shall report, under oath, to the Mayor and
Council his proceedings in the premises, with the names of
the persons to whom said bonds have been transferred,
together with the amounts received by him from said sales ;
said money shall be credited on the books of the tax col-
lector to the drainage fund and shall be paid out by him for
the purposes named in Section 1 of this Act, for which it is
received and in the manner provided.
SEC. 5. And be it enacted, That the Mayor and Council

Register of the
bonds kept.

shall cause to be kept careful register of the bonds so issued
and the transfer thereof, and as the same are called in and
paid off they shall be cancelled and a record of the cancel-
lation by numbers, amounts and names of the last holders
of said bonds shall be made and entered upon the books in
which said bonds are registered.
SEC. 6. And be it enacted, That at an election to be held
on the fourth Monday in March, 1906, the creation of the

Election to be
held.

debt herein provided for shall be submitted to the qualified
voters of Hagerstown, who shall cast their ballots, marked,
printed or written, "for series five of drainage bonds," or
" against series five of drainage bonds," respectively, as such
voters shall desire to vote in favor of or against said loan ;
and if a majority of the votes so cast shall be " for series
five of drainage bonds," then Sections 1, 2, 3, 4 and 5 of
this Act shall be in effect, and if a majority of the votes so
cast shall be "against series five of drainage bonds," the