FREDERICK COUNTY. 846

balance of the indebtedness incurred in the improvements and
additions made to the water works of said town.

SEC. 3. And be it enacted, That the said Burgess and Com-
missioners of Middletown are hereby authorized and empow-
ered, after they shall have prepared and signed the said bonds
authorized to be issued in this Act to sell and dispose of said
bonds in the manner they shall deem best, at not less than the
par value thereof, to raise the money to carry into effect the
provisions of this Act.

SEC. 4. And be it enacted, That nothing contained in this
Act shall be construeji to authorize said municipal corporation
to issue bonds for any other purpose than that herein specified.

SEC. 5. And be it enacted, That the said Burgess and Com-
missioners of Middletown are hereby authorized and empow-
ered to levy a tax annually upon the assessable property of
said town sufficient to pay the interest on the bonds issued un-
der the provisions of this Act, and provide for a sinking fund
to pay and redeem said bonds at maturity.

SEC. 6. And be it enacted, That the bonds hereby author-
ized to be issued shall be exempt from all county and municipal
taxation in Frederick county.

SEC. 7. And be it enacted, That this Act shall take effect
from the date of its passage.

Approved April 1, 1910.

CHAPTER 23.

AN ACT to authorize and empower the Mayor and Aldermen
of Frederick to issue and sell bonds for a sum of money not
exceeding sixty-four thousand two hundred and fifty dollars
($64,250.00), for the purpose of bonding the floating indebt-
edness of said corporation and to provide for the levy and
collection of all taxes necessary for the payment of the inter
est on said bonds, and to create a sinking fund for their
payment upon maturity.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the Mayor and Alderman of Frederick is hereby
authorized and empowered to issue and sell bonds of the said
corporation for a sum of money not exceeding sixty-four thou-
sand two hundred and fifty dollars ($64,250.00), for the pur-
pose of bonding the floating indebtedness of said corporation.
SEC. 2. And be it enacted, That the bonds authorized to be
issued under the provisions of this Act, shall be issued in sums
not less than fifty dollars nor more than five thousand dollars,