ELIHU E. JACKSON, ESQUIRE, GOVERNOR.

county purposes; and in case any real estate as-
sessed for state and county purposes be divided
by the town boundaries, the burgess and com-
missioners shall place a f air valuation upon that
part contained within the town limits and make
a just apportionment of said assessment; should
any property liable to be taxed for town pur-
poses be omitted in the county assessment, the
burgess and commissioners shall have power to
include said property in the town assessment and
impose a just valuation thereon.
SEC. 313A. The burgess and commissioners

541

shall annually levy on the assessable property
of the town all needful taxes, which shall be
legally due and collectable five months after
such levy has been made ; such taxes when levied
shall be a lien upon property, as now provided
by law, and shall be collected as state and county
taxes are collected unless the burgess and com-
missioners shall adopt some other mode by ordi-
nance for the collection of the same.
SEC. 313B. That for the purpose of defraying
the cost and expense of laying out or improving

Taxes bow
collected.

the streets, highways, squares, alleys, drains,
and water-courses of said town, or for the fur-
nishing of a supply of water for drinking and
other purposes for the use of the people of said
town of Smithsburg, the burgess and commis-
sioners are empowered to borrow an amount of
money, not to exceed thirty-five hundred dollars,
on the faith and credit of the town as hereinaf-
ter provided. The burgess shall give a bond,
good and sufficient to be approved by the com-
missioners, for an amount double the amount of
money borrowed.
SEC. 313C. The burgess and commissioners
are hereby authorized to issue bonds, with cou-
pons, in such denominations as they may deter-

May borrow.

mine ; said bonds are to be signed by the bur-
gess and attested by the clerk of the board, with
the seal of the town attached, and to be regis-
tered in a book to be kept by said clerk, and to
bear interest at a rate not greater than five per
centum per annum ; the interest on said bonds
to be paid semi-annually until the principal is
paid ; said bonds are to be sold by the burgess at
public auction at such times and in such amounts

Authorized to
issue bonds.