784 LAWS OF MARYLAND.
CHAPTER 349.

AN ACT authorizing and directing the County Commissioners
of Dorchester County, in the State of Maryland, to issue
coupon bonds to the amount of fifty thousand dollars ($50,-
000), for the purpose of building, grading, draining, bridg-
ing and improving the public roads and highways of the
said county, and to levy and collect taxes in said county for
the payment of the said bonds and interest.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the County Commissioners of Dorchester County,
in the State of Maryland, be and they are hereby authorized
and directed to issue coupon bonds to the amount of fifty thou-
sand dollars ($50,000) for the purpose of building, grading,
draining, bridging and improving the public roads and high-
ways of the said county, and to levy and collect taxes in the
said county for the payment of the said bonds and interest, as
hereinafter provided.

SEC. 2. And be it enacted, That the said County Commis-
sioners be, and they are hereby authorized and directed to
issue said bonds in the denominations hereinafter provided,
the same to be signed by the president of the Board of County
Commissioners and countersigned by the clerk thereof, with
the seal of the said County Commissioners attached, the said
bonds to be issued in the denomination of five hundred dollars
($500) each, on the faith and credit of the County of Dorches-
ter aforesaid, and to bear interest from the date of the issue
thereof at the rate of not more than five per centum per an-
num, payable semi-annually, which said interest to the ma-
turity of each of said bonds shall be provided for and set forth
in the coupons attached to each of said bonds, which said
bonds shall be numbered consecutively and shall have printed
on them, and on the coupons attached to them, a distinct ref-
erence to this Act authorizing the issue thereof.

SEC. 3. And be it enacted, That the said bonds shall be re-
deemable as follows, that is to say: Twenty-five hundred dol-
lars ($2,500) thereof on the first day of January, in the year
nineteen hundred and twelve, and thereafter annually twenty-
five hundred ($2,500) dollars on the first day of January in
each and every year until the whole amount of said bonds
shall have been fully paid.

SEC. 4. And be it enacted, That all of said bonds shall be
dated the first day of July, nineteen hundred and ten, and bear
interest from the date thereof at the rate of five per centum
per annum, said interest to be payable on the first days of
January and July in each year to the maturity of each of said