LLOYD LOWND)ES, ESQUIRE, GOVERNOR.

manner and according to the requirements and provisions of
section ten, chapter 275 of the Acts of the General Assembly
of Maryland, 1896 ; except that the sum of two thousand dol-
lars ($2,000.00) of said f und, which shall be paid by the School
Examiner, as provided in section sixteen of this Act ; and
the further sum of one thousand dollars ($1,000.00,) which
shall be paid by him, as provided in section seventeen of this
Act.
SEC. 11. And be it enacted, That for the purpose of con-

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tributing towards the erection and furnishing of said additions
to said school building, the Mayor, Counsellor and Aldermen of
the city of Annapolis, be and they are hereby authorized and
directed to issue bonds, or to borrow money in the name of
said municipal corporation to an amount not exceeding three
thousand dollars ($3,000.00,) subject to similar forms, pro-
visions and requirements as those contained in section
eleven of chapter 275 of the Acts of the General Assem-
bly of Maryland of 1896, except as to the date and amount
thereof.

Bonds to be,
Issued.

SEC. 12. And be it enacted. That said bonds, if issued for
the purposes aforesaid, shall be issued by the Mayor, Coun-
sellor and Aldermen of the city of Annapolis, as required by
section twelve of chapter 275 of the Acts of the General
Assembly of Maryland of 1896, and without submitting the
question of their issue to a vote of the qualified voters of said
city.

How issued.

SEC. 13. And be it enacted, That the money arising from
the sale of said municipal bonds of the city of Annapolis, if
issued, or said sum of three thousand dollars if otherwise pro-
vided by said Mayor, Counsellor and Aldermen shall be paid
to the treasurer of said city, who shall keep and apply said
money and the registry of said bonds, if issued, as required by
section thirteen of chapter 275 of the Acts of the General
Assembly of Maryland of 1896. The coupons of said bonds
shall be. receivable in payment of taxes of said city, and the
rate of interest of such municipal bonds, if issued, shall be
five per centum per annum.

Money to be
paid to
treasurer.

SEC. 14. And be it enacted, That for the purpose of more effect-
ually securing the payment of said municipal bonds of the
corporation of Annapolis, if issued as aforesaid, at the matu-
rity thereof, and the prompt payment of the interest thereon,
the treasurer of said city shall, in each year, set apart from the
money collected by him under the annual levy of said city, a

62

Sum of
money set
apart.