PHILLIPS LEE GOLDSBOROUGH, GOVERNOR. 1007

the signature of the Clerk of the "Cbmmissioners of Hurlock"
printed or written thereon. Said bonds shall be dated the first
day of January A. D. 1915; shall bear interest from the date
thereof at a rate not exceeding 5% per annum, payable semi-
annually as aforesaid, and shall be exempt from County and
municipal taxation. The said bonds shall be numbered from
one to ninety, both inclusive, and shall be due and payable
on the 31st day of December, A. D. 1945, and whenever any of
said bonds shall have been paid or redeemed, they shall be can-
celled and destroyed by the '' Commissioners of Hurlock'' and a
note thereof made on the minute book of the office.

SEC. 3. And be it enacted. That when the said bonds shall be
properly prepared and duly executed as herein prescribed, the
said the "Commissioners of Hurlock" shall advertise the same
in at least one newspaper published in said town of Hurlock, in
at least one newspaper published in the town of Cambridge,
and in a newspaper published in Baltimore City, if they shall
deem it advisable, inviting sealed proposals for the purchase
of said bonds or any part thereof, with the privilege to the said
Commissioners to reject any or all bids; provided that no bids
shall be accepted at less than par, together with such interest,
if any, as may have accrued from the 31st day of December.
A. D. 1915, the date of said bonds. The "Commissioners of
Hurlock'' aforesaid may advertise the said bonds for such length
of time as in their discretion is adequate notice to the public,
and may offer all of said bonds for sale at the same time, or
may offer them at different intervals in such installments and
amounts as they may deem advantageous to the town in carrying
on the work of constructing or acquiring the property for
which the same are issued. The money arising from the sale
of said bonds shall be kept as a separate fund by the Town Clerk
to be exclusively used for the purposes of this Act, and all taxes
levied and collected, as hereinafter provided, for the payment
of the interest and principal of said bonds shall be likewise kept
as a separate fund by said officer.

SEC. 4. And be it enacted, That the "Commissioners of Hur-
lock" are hereby authorized, empowered and required to levy
annually upon the assessable property of the town of Hurlock,
a tax sufficient to pay the interest on said bonds by them to be
issued in pursuance of this Act, and they are also authorized,
empowered and required to levy annually upon the assessable
property of said town a tax sufficient to provide a sinking fund
of twelve hundred dollars per annum, which sinking fund shall