916 LAWS OF MARYLAND.

the clerk of said Commissioners. Said bonds shall be issued
at such time as the Commissioners aforesaid shall determine,
subject to the provisions of this Act; provided, that the date
of issue shall not be more than sixty days after the date of the
election held, as hereinafter provided. The bonds shall be
designated as Chestertown Water Bonds, "Second Series,"
and numbered consecutively, and shall be payable in sums of
five hundred dollars in each of the years, beginning with the
tenth day of July, 1915, and one bond shall be paid each
year thereafter until fully paid; but said bonds shall be re-
deemable, however, at the option of said Commissioners after
ten years from the date of this issue. They shall be exempt
from municipal and county taxation, and shall have printed
on them a reference to the Act of Assembly authorizing their
issue. The said Commissioners are directed to advertise at
least once a week for three successive weeks in three newspa-
pers published in Kent County, for sealed proposals for the
negotiation of said bonds, on a certain day to be named in said
advertisement; they shall, in the presence of such persons as
may be interested in said bids, open all bids received, and
award the bonds to the highest bidders: provided, no bid less
than par shall be accepted.

SEC. 2. And be it enacted, That at the next regular election
for a Commissioner of Chestertown there shall be submitted to
the voters qualified to vote at said election for Commissioners
of Chestertown, the question whether the said bonds shall be
issued, and at such election the ballots cast upon the question
shall have printed or written thereon the words, "For the
Bond Issue," or "Against the Bond Issue;" and if the majority
of the votes "cast upon said question shall be "For the Bond
Issue," then the Commissioners of Chestertown, or a ma-
jority of them, shall proceed to execute the power vested in
them by this Act and shall issue the bonds as herein provided;
but if the majority of votes cast shall be "Against the Bond
Issue," then this Act shall be null and void.

SEC. 3. And be it enacted, That if the result of said election
shall be in favor of said bond issue, then all the proceeds from
the sale of said bonds shall be turned over to the Water Board
of said town holding office under the provisons of Chapter 289
of the Acts of the General Assembly of Maryland passed at the
January Session, 1908. The said Water Board shall receive
said money and deposit same in some bank in Chestertown
to be designated by said Water Board, and shall disburse
the same on the order of said Water Board by check, to be
signed by the president and treasurer thereof, in supplement-
ing, enlarging, increasing and adding to the waterworks and
system, in strict accordance with the recommendation of a com-