ART. 24.] WORCESTER COUNTY. 1183

of 1896, and other purposes, as more particularly hereinafter
set out. The Mayor and Council of Snow Hill are hereby au-
thorized, in their discretion, to borrow upon the credit of the
town of Snow Hill an amount not exceeding eighteen thousand
dollars, and to issue coupon bonds therefor in sums not less
than one hundred dollars and not more than one thousand dol-
lars each, to be signed by the Mayor of said town, and to be
countersigned by the treasurer of said corporation, with the
seal of said town attached; said bonds shall bear interest at
the rate of five per centum per annum, payable semi-annually,
on the first day of January and July in each and every year,
until the said bonds are paid; said bonds shall be forever
exempt from county and municipal taxation, and shall have
printed on them a distinct reference to the Act directing their
issue.

SEC. 2. And be it enacted, That said bonds shall be issued
in series of from one to eighteen, inclusive, according to the
aggregate amount issued, each series consisting of one thou-
sand dollars of said amount, and shall be redeemable and pay-
able as follows: One thousand dollars thereof on the first day
of July in the year nineteen hundred and twenty-four; one
thousand dollars thereof on the first day of July in the year
nineteen hundred and twenty-five; one thousand dollars there-
of on the first day of July in the year nineteen hundred
and twenty-six; one thousand dollars thereof on the first
day of July in the year nineteen hundred and twenty-seven;
one thousand dollars thereof on the first day of July in
the year nineteen hundred and twenty-eight; and on the
first day of July in the year nineteen hundred and twenty-
nine, one thousand dollars, or such an amount shall be re-
deemable and payable as may have been issued of the sixth
series of bonds above referred to, and on the first day of July
in the year nineteen hundred and thirty, one thousand dollars,
or such an amount as may have been issued of the seventh
series of bonds above referred to; and on the first day of July
in the year nineteen hundred and thirty-one, one thousand
dollars, or such an amount as may have been issued by the
eighth series of bonds above referred to; and on the first day of
July in the year nineteen hundred and thirty-two, one thousand
dollars, or such an amount as may have been issued by the ninth
series of bonds above referred to; and on the first day of July
in the year nineteen hundred and thirty-three, one thousand dol-
lars, or such an amount as may have been issued of the tenth
series of bonds referred to; and on the first day of July in the
year nineteen hundred and thirty-four, one thousand dollars, or
such an amount as may have .been issued of the eleventh series