788

LAWS OF MARYLAND.

and "The Rockville and Bethesda Turnpike Company," between
Rockville and the line of the District of Columbia, and to
construct a public county road before the first day of January,
in the year eighteen hundred and ninety nine, upon and along
said road, not less than forty feet in width, and all bridges and
culverts necessary therefor, the acclivity and declivity of which
road shall in no case exceed six feet in the hundred, and at
least twenty feet in width thereof, shall be covered with broken
etones of a size which will go through a two-inch ring, and to
the depth of at least twelve inches, and shall be thoroughly
rolled with a steam roller before it is opened to travel, and the
said road, after the completion thereof, shall be maintained
and kept by said County Commissioners as a public road and
highway.

Directed to
borrow
money.

SEC. 2. And be it enacted, That in order to provide the nec-
essary funds for the construction of said road and the expense
incident thereto, the said County Commissioners be and they
are hereby authorized and directed to borrow on the credit of
eaid county an amount not exceeding twenty-five thousand
dollars, and to issue coupon bonds therefor under the corporate
seal of said County Commissioners, signed by the president of
the Board of County Commissioners and countersigned by the
clerk thereof, in sums of not less than one hundred dollors nor
more than five hundred dollars, and bearing interest from the
date of the issue thereof at the rate of four per centum per
annum, payable semi-annually, which bonds shall be exempt
from all taxation whatsoever, and shall have printed on them
a distinct reference to the Act authorizing their issue.
SEC. 3. And be it enacted, That the said bonds shall be

How Issued.

issued in fifty series or less, each series being for the sum of
five hundred dollars, and shall be redeemable as follows, that
is to say, five hundred dollars thereof in one year from the
date of their issue, and thereafter annually five hundred dollars
in each and every year in their proper serial order or number
until the whole amount so issued shall have been fully paid,
and said bonds shall be sold atter due advertisement, at public
or private sale in the discretion of said County Commissioners
for cash ; provided, however, that none of said bonds shall be
sold for less than par.

Levy a tax.

SEC. 4. And be it enacted, That the County Commissioners
of Montgomery county shall cause to be levied upon and collect
from the taxable property of said county a tax annually,which
shall be sufficient to pay three-fifths of the said bonds as the
same shall severally mature, and the interest thereon as the