LLOYD LOWNDES, ESQUIRE, GOVERNOR.

as the work of construction of said railway may progress, as
hereinafter more particularly set out and prescribed.
SEC. 7. And be it enacted, That the question of the subscrip-

1107

tion to the capital stock of the said railway company, and the
issue of the county bonds in payment thereof shall be submit-
ted to the voters of Caroline county at the next general election
to be held in said county for the members of the House of
Delegates, and at said election there shall be printed upon the
ballots after the list of candidates the words " For railroad sub-
scription " and "Against railroad subscription," so set forth as
to give each voter a clear opportunity to express by a cross-
mark "X" in a sufficient margin at the right of such submitted
question, his answer thereto, and the said vote so cast for rail-
road subscription or against railroad subscription shall be accu-
rately counted by the judges of election, and duly returned by
them as part and portions of the returns of said election to the
clerk of the Circuit Court of said county, who shall, within
twenty days after the receipt of said returns, announce the
result of said vote by proclamation inserted in the newspapers
published in said county of Caroline. And if it appears that
of the number of ballots cast for and against said railroad sub-
scription, a majority shall be for railroad subscription, then all
the provisions of this Act shall immediately take and go into
effect, and the County Commissioners shall make said subscrip-
tion and payment therefor in the bonds of the county author-
ized to be issued in accordance with the provisions of this Act.
SEC. 8. And be it enacted, That for the purpose of meeting
said subscription, in case the same shall be voted for by the

Submitted to
the voters
of Caroline
county.

voters of said Caroline county aforesaid, the said County Com-
missioners are empowered and directed to issue bonds in the
name and on behalf of said county, in denominations of five
hundred dollars each, bearing interest at the rate of four per
centum per annum, and payable fifty years after date, with
coupons for interest attached, payable semi-annually, which said
coupons shall be receivable in payment of any county taxes by
the County Commissioners of said county. And said bonds
shall be exempt from county and municipal taxation ; and the
faith of Caroline county is pledged for the redemption thereof,
both principal and interest. And the said bonds shall be deliv-
ered in payment of the subscription of said county for the
stock of said railroad company, as above authorized, but only
at the rate of twenty-five hundred dollars per mile for each
mile of railway between the point of beginning and Federals-
burg, when and as the same may be completed ready for opera-

Bonds to be
Issued.