ART. 8.] CECIL COUNTY. 72T

And in case any such bonds shall be sold at different periods,
whatever excess thereof remains unsold at any time, or from
time to time, shall be placed in a safe deposit vault with a dupli-
cate key, one of which is to be held by the president of the
Board of County Commissioners and one by the County Treas-
urer, and the said vault shall not be opened at any time for the
purpose of sale or delivery except upon an order of the County
Commissioners, in open session, to be duly entered upon their
minutes of proceedings, and should there be bonds remaining
unsold from time to time, the coupons thereon shall be cut off
and publicly burned, and no levy as hereinafter provided shall
be made for the purpose of paying the coupon interest on bonds
unsold.

SEC. 6. And be it enacted, That for the purpose of redeeming
said bonds at their maturity or for securing the prompt pay-
ment of the interest coupons, the said County Commissioners
shall, for the year 1908, and annually thereafter, until the
maturity of the last of the bonds, issued under the authority of
this Act, levy a tax on the assessable property of said county
sufficient to pay the annual interest on said bonds sold and un-
paid; and also, in addition thereto, for the sinking fund, they
shall levy an amount which, with accumulated interest thereon,
will enable them to meet the several series of bonds issued in
this Act, as they shall severally become due.

SEC. 7. And be it enacted, That the money for the sinking
fund levied annually as provided in the preceding section shall
be deposited by the County Commissioners in some saving in ti-
tution or trust company paying interest thereon, and they shall
require from such saving institution or trust company a good
and sufficient bond in the penalty of no less than ten per cent,
above the amount of money so deposited; and the money so de-
posited to the credit of said sinking fund shall be drawn only
on cheques signed by the president of the Bo'ard of County
Commissioners and the County Treasurer; and said sinking
fund may be used at any time in the purchase and redemption
of any of said bonds, when the purchase price shall secure a
rate of interest greater than that paid by the depository or de-
positories wherein the said money shall be deposited; and after
the purchase and redemption of any such bonds by the said
County Commissioners from the deposits to the credit of the
sinking fund, the same shall be immediately destroyed, and no
portion of the said sinking fund shall be diverted to any other
purpose than liquidation of said bonds; and should said
County Commissioners or any other person having charge of
said sinking fund suffer the same to be diverted or applied to
any other purpose than the purchase or redemption of the said'