606

LAWS OF MARYLAND.

	CHAP. 332	expense of the owner or occupant, so as to prevent its further use, and may provide by ordinance fines and penalties for the failure, neglect or refusal of the owners or occupants of such premises to clean out and fill up such wells, sinks, cesspools and receptacles, or to submit to the cleaning out and filling up the same at the expense of the owners or occupants. SEC. 5. And be it enacted, That the commissioners of Denton be and they are hereby authorized, empowered and directed
	Issue coupon bonds	to borrow on the credit of the town, and if necessary, to issue and sell at not less than par and accrued interest, coupon bonds therefor in sums of not less than one hundred dollars nor more than five hundred dollars. Said bonds shall be sealed with the corporate seal and shall be signed by the president of the board of commissioners and countersigned by the treasurer thereof, bearing interest at the rate of five per centum per annum, payable semi-annually on the first day of January and July in each year, to an amount not exceeding three thousand dollars, but the coupons for inter- est may be authenticated by the engraved, lithographed or printed signature of the treasurer alone. Said bonds shall be free of all county and municipal taxation in Mary- land. In order to obtain a fair price for said bonds,
	Sealed bids invited.	sealed bids for the purchase thereof shall be invited by the commissioners of Denton by notice to be published in one or more newspapers published in the town of Denton, and in such other newspapers published elsewhere as the said com- missioners of Denton may determine, giving at least two weeks' notice of the time and place for opening the bids. The bids shall be opened by the commissioners of Denton at the place, and as near as practicable at the time specified in said notice, and the said commissioners of Denton may accept the bid of the highest responsible bidder, if in their judgment the bid is adequate, and, if not, said bonds may then be sold by the commissioners of Denton at private sale, and in all said notices the right may be reserved to reject any and all bids. The purchase price accepted for said
	Purchase price paid to treasurer.	bonds shall be paid to said treasurer in his official capacity, and the bonds shall be delivered by him to the purchaser, and the proceeds of sale shall be kept as a separate fund for the purpose of establishing, constructing and extending said system of sewers, and the buildings, pipes and works and for