PHILLIPS LEE GOLDSBOROUGH, GOVERNOR. 1517

Heights and its vicinity, free from any charges for instruction
therein whatsoever.

SEC. 2. And be it enacted, That for the purpose of paying
for said lot or lots and for the erection and furnishing of said
public school building, the School Commissioners for Prince
George's County, are hereby authorized and directed to borrow
On the endorsement of the County Commissioners of Prince
George's County, who are hereby directed to endorse such bonds
on the faith and credit of said County, an amount not exceeding
the sum of twenty thousand dollars, and to issue coupon bonds
therefor in sums of not less than one hundred dollars ($100) and
not more than one thousand ($1,000) dollars each, to be signed
by the President of said Board of School Commissioners, and
countersigned by the County Superintendent of Schools with the
seal of said Board attached, and to be registered by the said
County Superintendent of Schools of Prince George's County
in a separate book kept for that purpose, and said bonds shall
bear interest at the rate of five per cent, per annum, payable
semi-annually on the first day of May and the first day of
November each year until said bonds shall be paid, and said
bonds shall be forever exempt from all taxation for any pur-
pose, and shall have printed on them: "Reference to this Act
as authorizing the issue thereof."

SEC. 3. And be it enacted, That the County Commissioners
for Prince George's County, are hereby authorized and directed
to levy each and every year, as a separate fund, a sufficient
amount of money to meet the interest and to create a sinking
fund to pay the principal of said bonds as they mature until
the last of said bonds issued under this Act shall have been
paid and cancelled.

SEC. 4. And be it enacted, That the first bonds issued under
this Act shall be dated the first day of May, 1914, and be pay-
able, as to principal, in thirty years from the date of their
issue; and said bonds shall be advertised for sale in two daily
newspapers published in the City of Baltimore, to be selected by
the School Board, and sold to the highest bidders for cash and
for not less than their face value by the School Commissioners
of Prince George's County.

SEC. 5. And be it enacted, That the County School Com-
missioners of Prince George's County shall annually deposit
in some savings institution in the State of Maryland, on interest,