1160 LAWS OF MARYLAND.

CHAPTER 108.

AN ACT to authorize the County Commissioners of Talbot
County to issue bonds of said county to the amount of eight
thousand dollars, for the purpose of providing money to pay
the share of Talbot County for the construction of a bridge
over the Great Choptank river, connecting Talbot County
and Caroline County, and known as the Dover bridge, and to
levy a tax for the payment of said bonds.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the County Commissioners of Talbot County be and
they are hereby authorized and empowered to borrow, in their
discretion, on the credit of Talbot County, the sum of eight
thousand dollars, and to issue coupon bonds therefor in the
sum of five hundred dollars each, to be signed by the president
of the Board of said County Commissioners of Talbot County
and attested by the Treasurer of said county, and the corporate
seal of the County Commissioners of Talbot County shall be
affixed thereto, which said bonds shall be denominated "Dover
Bridge Construction Loan Bonds," and the said bonds shall
bear interest at the rate of four per centum per annum, pay-
able semi-annually, accounting from the date of the issuance
thereof, and the said bonds shall be sold by the said County
Commissioners of Talbot County for a sum of money not less
than the par value of the same.

SEC. 2. And be it enacted, That the said bonds to be issued
under this Act shall mature, one in each and every year, from
the date of issuing the same, and the said bonds, with interest
thereon, shall be paid and canceled by the said County Com-
missioners of Talbot County, one during each and every year,
until the whole of the said bonds have been paid, and the date
of issue shall be the same on all the bonds issues under this Act.

SEC. 3. And be it enacted, That to pay and cancel the said
bonds issued under this Act the said County Commissioners of
Talbot County shall annually levy upon the assessable property
of Talbot County a tax sufficient to pay the one bond maturing
during each and every year and interest on all the bonds issued
under this Act, outstanding and unpaid, and the amount of the
said tax shall be separately kept by the said County Commis-
sioners of Talbot County and designated as the Dover Bridge
Construction Loan Fund.

SEC. 4. And be it enacted, That the bonds hereby authorized
to be issued shall be exempt from all county and municipal tax-
ation in Talbot County, and that the coupons for the interest
thereon shall be receivable by the County Treasurer of Talbot
County in payment of county taxes.