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section, shall forthwith make reports to the County Commis-
sioners and School Commissioners of Anne Arundel county,
fully setting forth the terms and character of said contract or
contracts, and the debts incurred thereby, a synopsis of which
report shall be duly published in the usual manner of publish-
ing county expenditures.
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Reports to be
made.
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SEC. 5. And be it enacted, That for the purpose of erecting
and furnishing said school buildings and for the purchasing of
suitable lots for the same where necessary, and for paying off
the present indebtedness upon the school building at South
Baltimore, in the first precinct of said fifth election district of
Anne Arundel county, the School Commissioners of Anne
Arundel county are hereby authorized and directed to issue
bonds in the name of the School Commissioners of Anne
Arundel county, indorsed by the County Commissioner of Anne
Arundel county, (which indorsement said County Commis-
sioners are hereby authorized and required to give), to the
amount of twenty-five thousand dollars ($25,000), to be appor-
tioned as follows: fifteen thousand dollars for the purchase of
a lot (if necessary) and the erection and furnishing of the
school building at Brooklyn ; six thousand dollars for the pur-
chase of a lot (if necessary) and the erection and furnishing of
the school building between East Brooklyn or Wagner's Point
and Fairfield ; and two thousand dollars for the purchase of a
lot (if necessary) and the erection and furnishing of the new
school building at Glen Burnie ; and two thousand dollars for
the payment of the balance due on the public school building
at South Baltimore. Said bonds shall be issued in sums of not
less than one hundred nor more than one thousand dollars
each, and shall be signed by the president of the said Board of
School Commissioners and countersigned by the secretary of
said board, with the corporate seal of said board attached ; and
said bonds shall be dated the first day of July, eighteen, hun-
dred and ninety-eight, and shall bear interest at the rate of five
per centum per annum, payable on the first day of January
and July in each year, until the said bonds are respectively
paid ; for which semi-annual interest proper interest coupons
payable to the bearer shall be attached to said bonds, to be
signed by the president of the said Board of County School
Commissioners and countersigned by the secretary thereof.
Said bonds shall be made payable to the bearer, and shall be
forever exempt from all taxation other than taxation for State
purposes ; and shall have printed upon them a distinct refer-
ence to this Act as authorizing the issue thereof. Said bonds
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Bonds to be
Issued.
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