A. W. BRADFORD, ESQUIRE, GOVERNOR

laws or resolutions existing at the time of the
adoption of this act, subject to the conditions an-
nexed thereto, or until a high school shall be
established in the county or city in which such
academies are located.

299

Sec. 4. Real and personal estate, granted, con-
veyed, devised or bequeathed for use of any parti-
cular county or any school district, shall be held
in trust by the State Board of Education for the
benefit of such county or school district, and such
bequests, shall be free from all State, county and
school taxes.

Trust.

Sec. 5. Funds now invested and forming a part
of the public school fund of any county, shall be
inviolably appropriated to the support of the pub-
lic schools in said county, and such funds shall
be invested in the State's bonds, which are hereby
vested in the County Board of School Commission-
ers; but such moneys as have been invested prior
to the passage of this act shall be excepted from
such re-investment, to be held in trust for the ben-
efit of the public schools of the counties to which
they belong, and shall be exempt from State,
county and local taxation.

State Board
of Education to
hold county
school funds.

Sec. 6. As soon as the Comptroller shall have
received from the city of Baltimore and the several
counties a return of the amount of the State school
tax levied in each, he shall certify the same and
the sum thereof to the State Superintendent of
Public Instruction, who shall immediately there-
after apportion the amount of whole levy among
the several counties and the city of Baltimore, in
proportion to their respective populations, between
the ages of five and twenty years, and shall trans-
mit the whole apportionment to the Comptroller,
and the amount apportioned to each county and
the city of Baltimore to the Treasurers of the several
Boards of School Commissioners of the counties
and the city of Baltimore.

Comptroller
to certify
amount of
school tax levi-
ed.

Sec. 7. On the fifteenth day of June, the first
day of October, the first day of January and the
fifteenth day of March, in each year, the Comptrol-
ler shall apportion the amount of school tax re-
ceived by the Treasurer among the several counties
and the city of Baltimore in proportion to the
whole amount apportioned to each by the State

Times when
school tax
shall be appor-
tioned.