CAROLINE COUNTY. 671

rata in the same proportion that at the time of such issue of a
portion of said bonds the total assessed value for purposes of
taxation of the property real and personal of the residents of
such election district bears to the total assessed value for pur-
poses of taxation of all the property real and personal of all
the residents of Caroline County. At the time of deciding
upon the first issue of a portion of said bonds, the County Com-
missioners in any application for State aid under the pro-
visions of Chapter 225 of the Acts of 1904, in building or re-
pairing roads of Caroline County, upon which any portion of
the proceeds of said bonds are to be expended, shall proceed
under Section 1 of said Chapter 225 of the Acts of 1904, and
the procedure thus made at the time of deciding upon the first
issue of said bonds shall be finding in the expenditure of the
proceeds of all the issues of said bonds whether authorized at
that time or any subsequent time. And the said County Com-
missioners in making all applications for State aid under said
Chapter 225 of'the Acts of 1904 shall proceed under the pro-
vision of Section 1 as determined by them when the first issue
of bonds was provided for; and the same method of applica-
tion for State aid in building or reparing said road shall be
made for all roads in any election district of the county, upon
which any portions of the proceeds of any of the said bonds
are so to be expended.

SEC. 4. And be it further enacted. That for the purpose of
redeeming the bonds issued under the authority of this Act.
at the time of their respective maturities, together with the
payment of interest thereon, semi-annually, the said County
Commissioners shall, at the time of making their annual levy
upon the assessable property in Caroline County, levy a tax
sufficient to raise a sum of money large enough to pay the
semi-annual interest on said bonds; and, in addition thereto,
to create a sinking fund sufficient to enable the said County
Commissioners to redeem and pay off, at their respective dates
of maturity, all of the bonds issued by them under this Act.

SEC. 5. And be it further enacted. That the money for the
sinking fund levied annually as provided in the preceding sec-
tion shall be deposited by the County Treasurer in such bank
or banks in Caroline County as shall be designated by the
County Commissioners, who shall have a due regard in the
said selection for the safety of said bank and the rate of inter-
est to be paid on said deposits; said deposits shall be made to
the credit of the sinking fund, and shall be drawn only on the
checks of the County Treasurer, countersigned by the Presi-
dent of the Board of County Commissioners, for the purpose of
redeeming and paying off the aforesaid bonds, and for no other