FREDERICK COUNTY. 851

tion, and together with said coupons, shall be sigend by the
President of the Board of Commissioners and countersigned
by the clerk or register of said town; provided, however, that
said bonds shall not be sold for less than par or the face value
thereof.

SEC. 3. And be it enacted, That it shall be lawful for the
said Commissioners of Thurmont to deliver to the holders of
stock in the said The Citizens' Electric Light and Power Com-
pany, the bonds to be issued under the provisions of this Act at
the par value of such bonds to an amount equal to the full-
paid shares of stock held severally by the stockholders of said
company in pursuance of the terms of the agreement and the
provisions of the ordinance authorizing the said The Citizens'
Electric Light and Power Company, to erect said plant and
use the streets, lanes and alleys of said town in connection
with the operation thereof.

SEC. 4. And be it enacted, That the proceeds of the sale of
the bonds hereby authorized to be issued shall be applied to
the purchase, equipment and maintenance of said electric
light and power plant.

SEC. 5. And be it enacted. That the said the Commissioners
of Thurmont shall have power and authority, and are hereby
required to levy all necessary taxes upon the property within
the taxable limits of said corporation of Thurmont for the
payment of the interest on the bonds hereby authorized to be
issued, as well as for the payment of the said bonds at ma-
turity, and shall create a sinking fund for that purpose and
levy the necessary taxes therefor.

SEC. 6. And be it enacted, That before this Act shall be-
come operative to authorize the said the Commissioners of
Thurmont to issue said bonds, the question shall be submitted
to the qualified voters of Thurmont at the regular general elec-
tion to be held in April, 1910, for approval or rejection by such
qualified voters and in pursuance of the provisions of an ordi-
nance to be passed therefor, of which election and the fact that
the question is to be submitted to the voters notice shall be
given for at least ten days previous to such election, posted in
five or more public places in said town, and also by at least
one insertion in a newspaper published in said town, explain-
ing to the qualified voters the question to be submitted, at
which election the qualified voters of Thurmont shall deter-
mine by ballot whether the bonds hereinbefore provided for
shall be issued or not, and at which election there shall be
written or printed on the ballots of said voters the words
"For Issue of Bonds" or "Against Issue of Bonds," and if a
majority of the ballots cast shall contain the words "For Issue