972 LAWS OF MARYLAND. [CH. 470

WHEREAS, Public necessity requires the improvement of this
road promptly and the County Commissioners of Montgomery
County have requested this legislation and approved this
measure; now, therefore:

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the County Commissioners of Montgomery County,
State of Maryland, be and they are hereby authorized and
empowered to issue coupon bonds in an amount not to exceed
ten thousand dollars ($10,000), for the purpose of complet-
ing the improvement of the public road leading from the State
road near Glenmont to the village of Colesville, known as the
Kemp's Mill-Colesville road, and to levy and collect taxes on
the 13th Election District and the 5th Election District of said
County for the payment of said bonds and the coupons thereon
as hereinafter stated.

SEC. 2. And be it further enacted, That the said County
Commissioners of Montgomery County be and they are hereby
authorized and empowered to borrow on the credit of the said
County a sum not to exceed ten thousand dollars ($10,000) for
the purpose of completing the improvement of the public road
from the State road at Glenmont to northwest branch; and the
said County Commissioners shall issue coupon bonds under the
corporate seal of said County Commissioners for the amount
borrowed under the provisions of this Act, the said bonds to be
signed by the President of the Board of County Commissioners
and countersigned by the Clerk thereof, in sums not less than
one hundred dollars ($100.00), not more than five hundred dol-
lars ($500.00) ; the said bonds to 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, respec-
tively, for the interest due and payable thereon, and which
said bonds shall have printed on them a distinct reference to
this Act authorizing the issues.

SEC. 3. And be it further enacted, That all bonds issued
under the provisions of this Act shall be redeemed as follows,
that is to say, not less than one thousand dollars ($1,000)
thereof in one year from the date of their issue and thereafter,
annually, one thousand dollars ($1,000) 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 Commission-