ART. 2. ] ANNE ARUNDEL COUNTY. 375

to said sinking fund to be used in the purchase of any of said
bonds that may be offered for sale and for the redemption
thereof at maturity, and upon the purchase of any of such
bonds, or the redemption of the same at maturity by the County
School Superintendent, they shall be immediately cancelled by
stamping across their face and upon each coupon thereof "can-
celled by the sinking fund; " and no portion of said sinking
fund so set apart shall ever be diverted to any other purpose
than to. the purchase and liquidation or redemption of said
bonds; and should the said County School Superintendent, or
any other person having charge of said sinking fund, suffer or
permit the same, or any part thereof, to be diverted from or
applied to any other purpose than the investment thereof for
the purchase of said bonds, and the purchase and redemption of
the same, then the person or party so offending shall be deemed
guilty of a misdemeanor, and on conviction thereof, shall be
subject to a fine of not less than the amount so misapplied or
diverted, or to imprisonment in the House of Correction for a
period of not less than six months nor more than three years,
or to both such fine and imprisonment at the discretion of the
court.

SEC. 8. And be it enacted, That the said County School
Superintendent shall keep a separate account of the money
collected each year by him for and applied toward the payment
of the interest, and deposited to meet the principal of said
bonds at maturity, and no part thereof shall be chargeable
with insolvencies allowed the treasurer on account of failure of
assessments or collections.

SEC. 9. And be it enacted, That the money arising from the
sales of said bonds, as provided in section six of this Act, shall
be paid to the County School Superintendent of said county,
who shall keep in a book for that purpose, a registry of the
bonds, and the names of the purchasers and the amounts real-
ized, and the payment of the coupons, and redemption and can-
cellation of the principal thereof.

SEC. 10. And be it enacted, That the fund realized from the
sale of said bonds shall be applied to the purposes set forth in
this Act, and to no other purpose, and shall be paid by the said
County School Superintendent, upon the order of the said build-
ing committee, from a warrant book especially authorized by
said committee, with said warrants numbered consecutively;
and the said building committee is hereby authorized and direc-
ted to pay the contractor or contractors employed by said
building committee, in accordance with the terms of their said
contract, upon the warrant of said building committee, such