1110 LAWS OF MARYLAND.

after payment, the said party or parties so offending shall be
deemed guilty of a misdemeanor and shall be subject to impris-
onment by Article 27 of the Code of Public General Laws of
Maryland for embezzlement, and shall be held liable for the
amount equal to that of the coupon or bond so reissued, and
the costs of the suit.

SEC. 4. And be it enacted, That the said corporation shall
levy annually upon the assessable property of said town a
special tax over and above and in addition to the annual tax as
now limited by law, sufficient to pay the annual interest on all
of said bonds remaining outstanding and not then matured,
and also to provide a sinking fund sufficient to redeem at the
intervals hereinbefore mentioned the respective amounts of
said bonds hereby directed to be redeemed, and the sums here-
inbefore respectively directed to be raised by taxation for the
payment of the interest on said bonds, and the creation of the
sinking fund shall be deposited in some safe and reliable bank-
ing institution of Somerset County, and shall be used for no
other purpose; and the proceeds arising from the sale of said
bonds shall be applied to the payment of the expenses incurred
as hereinafter provided in repairing, reconstructing and extend-
ing the system of waterworks for the protection of the property
of the town of Princess Anne against damage and destruction
by fire and for the construction of a sewerage system in said,
town; but no part of the proceeds of said bonds shall be pay-
able except upon the order of the commissioners hereinafter
appointed to contract for and superintend the improvements
and construction aforesaid.

SEC. 5. And be it enacted, That the said bonds authorized
and directed to be issued by this Act shall be sold by the said
president and commissioners of Princess Anne for not less
than the par value thereof, and said bonds shall be disposed of
at public auction at the courthouse door in said town to the
highest bidder for cash, after notice by advertisement in all the
newspapers in said town once a week for four successive weeks
prior to the date of sale.

SEC. 6. And be it enacted, That before the said bonds may
be issued the president and commissioners shall cause the ques-
tion of the issue of said bonds to be submitted to the qualified
voters of said town at the next regular election thereof; and,
should the said question be determined in favor of said issue
at said election, then the said president and commissioners of
said town are authorized and directed to proceed with the
issue of said bonds as hereinbefore provided, and the said
president and commissioners are hereby authorized and di-
rected to provide by ordinance for the submission of said ques-