PHILLIPS LEE GOLDSBOROUGH, GOVERNOR. 1165

cording to number, shall be due and redeemable on the first day
of July in each and every succeeding year, thereafter, until all
of the said bonds shall have been redeemed.

SEC. 7. Be it enacted, That after the said bonds shall have
been properly prepared and executed as hereinbefore pre-
scribed, the County Commissioners of Dorchester County, are
hereby directed to sell the said bonds at such times and in such
numbers as may be necessary for the objects and purposes of
this Act, either at private or public sale to the best advantage,
in the discretion of the County Commissioners, on such notice
as the County Commissioners may deem expedient, provided
that the said bonds shall be sold on competitive bids by sealed
offers, reserving to the County Commissioners the right to reject
and and all bids; provided, however, that only so many of said
bonds shall be issued and sold as is necessary to construct,
operate and maintain the said canal, and provided also, that
none of the said bonds shall be sold for less than par.

SEC. 8. Be it enacted, That all money arising from the sale
of the said bonds shall be kept in a separate fund for the pur-
pose of this Act, and shall be deposited in some bank or banks
in the City of Cambridge, and be paid out only on the order of
the County Commissioners of Dorchester County, for the pur-
pose of this Act, and for no other purpose. The Clerk of the
County Commissioners of Dorchester County shall keep a full
registry of said bonds, with the names of the purchaser thereof,
and the amount realized from the sales of the same, with the
date of the maturity of each bond. When any of the said bonds
have been redeemed, the same shall, at once, be cancelled on
the face thereof and also on the book of registry and shall
not be issued again.

SEC. 9. Be it enacted, That the County Commissioners shall
cause to be levied upon and collected from the taxable property
of Dorchester County an additional tax annually sufficient to
pay the said bonds and interest as the said bonds mature and
the interest becomes payable as herein provided, and the spe-
cial tax, levied as aforesaid, shall be a lien on the taxable prop-
erty of the said County in the same manner and to the same
extent as other County taxes are collected, and when so col-
lected, the said special tax shall be applied as hereinbefore pro-
vided to the payment of the said bonds as they severally ma-
ture, and interest thereon semi-annually as hereinbefore pro-
vided. The said bonds and coupons, when issued as provided
in this Act, shall be non-contestable and shall be exempt from