EMERSON C. HARRINGTON, GOVERNOR. 847

bear interest from the date of issue thereof at the rate of not
more than five per centum per annum, payable semi-annually,
and which said interest to the maturity of each of said bonds
shall be provided for and set forth in the coupons attached to
each of said bonds, respectively, for the interest due and pay-
able thereon, and which said bonds shall have printed on them
a distinct reference to this Act authorizing thefr issue.

SEC. 3. And be it further enacted, That all bonds issued
under the provisions of this Act shall be redeemable as follows,
that is to say, not less than Five Hundred ($500) Dollars
thereof in one year from the date of their issue and there-
after annually Five Hundred ($500) Dollars each and every
year until the whole amount of said bonds and coupons shall
have been fully paid; and to this end the said County Com-
missioners shall issue the said bonds in series, redeemable in
their proper order; and the said bonds shall be sold after due
advertisement at public or private sale in the discretion of the
said County Commissioners and none of said bonds shall be
sold for less than par and accrued interest.

SEC. 4. And be it further enacted, That the said County
Commissioners shall cause to be levied upon and collected
equally from the taxable property of the Third Election Dis-
trict and the Eleventh Election District of said County an
additional tax, annually sufficient to pay the said bonds and
interest as the said bonds and interest, or coupons, may sev-
erally mature, as provided herein; and the said special tax or
levy shall be a lien upon the taxable property of the said Third
Election District and the Eleventh Election District, and the
said tax shall be collected in a like manner as other taxes levied
in said County are collected, and when collected shall be ap-
plied as hereinafter provided, to the payment of said bonds
as they severally mature -and the interest thereon, semi-anmi-
ally, which said bonds and coupons, when issued, shall be a
lien upon the taxable property of the said Montgomery County
and shall be noncontestable for any cause whatsoever, and the
said bonds and coupons, so issued, when redeemed, whether
before or at maturity, shall be cancelled, and it shall be the
duty of the said County Commissioners to immediately cancel
the same.

SEC. 5. And be it further enacted, That when said State-
Aided Highway shall have been put in good repair, satisfac-
tory to the State Roads Commission of Maryland, then the