KENT COUNTY. 917

mittee of citizens of Chestertown made to said Water Board
and by said board approved and adopted on the 16th day of
February, 1910, and now filed in the office of the Commission-
ers of Chestertown.

SEC. 4. And be it enacted, That after repairs, maintenance
and running expenses are paid out of the water rents from
said waterworks, all surplus from said waterworks accruing
from year to year shall constitute a sinking fund, which said
Water, Board is hereby directed to create and maintain for the
payment of interest and for redemption of said water bonds
when redeemable, and any excess thereof shall be expended
under the direction of said Water Board for any extraordi-
nary expenses in maintaining and improving said waterworks,
and said Water Board shall on or before the 30th day of June
and the 31st day of December in each and every year pay to
the Commissioners of Chestertown out of said sinking fund a
sum sufficient to pay the semi-annual interest on said bonds;
and on the 30th day of June of each year an additional sum
for the redemption of the one-twentieth part of the principal
of said bonded debt, as the same shall mature, so that the semi-
annual interest and the whole of said bonds may be provided
for and paid in the time hereinbefore limited, and the sum
of money so received by the Commissioners of Chestertown
shall be applied to the. payment of the interest on said bonds
and to the redemption of said bonds when redeemable. And,
should said water rents or revenues be insufficient to pay the
interest on said bonds and the one-twentieth part of the
bonded debt as it matures, the said Commissioners of Chester-
town are hereby authorized and directed to levy and collect
annually a tax upon the taxable property in Chestertown for
a sum as will, with the net water rents and revenues from
waterworks, provide for the payment of the interest on said
bonds as same matures and one-twentieth part of the principal
of said bonded debt.

SEC. 5. And be it enacted, That this Act shall take effect
from the date of its passage.

Approved April 11, 1910.

CHAPTER 412.

AN ACT to repeal Sections 4, 7, 8 and 9 of Chapter 289 of the
Acts of the General .Assembly of Maryland passed at the
January Session of 1908, entitled an Act to provide for the
franchise of waterworks for the town of Chestertown, in
Kent County, Maryland, and to authorize the appointment