FRANK BROWN, ESQUIRE, GOVERNOR.

CHAPTER 66.

AN ACT to authorize the County Commissioners of Alle-
gany County to issue bonds to the amount of seventy-five
thousand dollars ($75,000), to fund the floating debt of said
county.

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SECTION 1. Be it enacted by the General Assembly of
Maryland, That the County Commissioners of Allegany
county be and are hereby authorized to issue the coupon
bonds of said county to an amount not exceeding seventy-
five thousand dollars ($75,000), and to sell the same at not less
than par, and to apply the proceeds thereof to the payment of
the floating debt of said county.

May issue
bonds.

SEC. 2. And be it enacted. That said bonds shall be denomi-
nated "Allegany County Consolidated debt bond?," and shall
bear interest at a rate not exceeding five per cent, per annum,
payable semi-annually on the first days of April and October
in each and every year said bonds may remain unpaid; and
said bonds shall be issued in amounts not exceeding one thous-
and dollars ($1,000) nor less than one hundred dollars ($100)

Name of
bonds.

each, to be signed by the president of the said board of
County Commissioners, sealed with its corporate seal, attested
by the signature of the clerk of said board, and dated the first
day of April, eighteen hnndred and ninety-four; and the
coupons for interest on said bonds shall be receivable by the
collectors of taxes for said county, in payment of county taxes,
and said bonds shall be exempt from county taxation.

Interest cou-
pons receiv-
able for
taxes.

SEC. 3. And be it enacted, That said bonds shall be issued
so as to mature at such dates as shall require the payment of
the sum of five thousand dollars ($5,000) of the same in each
and every year, and so that the first series of said bonds, to the
amount of five thousand dollars ($5,000), shall become due
and payable on the first day of April, in the year nineteen
hundred and fifteen, and a like series of a like amount on the
first day of April in each and every year thereafter, so that
the last series of said bonds of five thousand dollars ($5,000)
shall fall due on the first day of April, nineteen hundred and
twenty-nine, but shall be redeemable at the pleasure of said
Coumty Commissioners at any time before their maturity.

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

to pay the interest thereon, the County Commissioners of

When bonds
to mature.