1518 LAWS OF MARYLAND.
a sufficient amount of money to create a sinking fund for the
redemption of said bonds at their maturity, and are hereby au-
thorized and empowered to purchase from the proceeds of said
sinking fund any of the said bonds as may be offered for sale;
and upon the purchase of any such bonds or the redemption of
same at maturity, the County School Commissioners shall have
said bond or bonds immediately cancelled by stamping across
their face the word "Cancelled," and no portion of said sinking
fund so set apart shall ever be diverted to any other purpose
than to the liquidation of said bonds; and should the said Super-
intendent or the County School Commisisoners or any other per-
son having charge of said sinking fund, suffer or permit the same
or any part thereof to be diverted from or applied to any other
purpose than the investment thereof for the purchase of said
bonds, and the purchase and redemption of the same, then the
person or party so offending shall be deemed guilty of a misde-
meanor and upon conviction thereof shall be subjected to a fine
of not less than twice the amount so misapplied or diverted.
SEC. 6. And be it enacted, That the County Superintendent
of Schools shall keep a separate account of the money applied
each year to the payment of interest on said bonds, as well as
the amount of money deposited each year to the creation and
support of the sinking fund to meet the principal of said bonds
at maturity.
SEC. 7. And be it enacted, That the money arising from the
sale of said bonds as provided in said Section 4 of this Act shall
be paid to the Superintendent of Schools of Prince George's
County, and that it may be applied to the purpose set forth
in this Act, the funds so realized shall be paid by the said County
Superintendent of Schools to the contractor or contractors or
architect employed by the said School Board in accordance with
the terms of their said contract, upon the order of said School
Board, such sum or sums of money as such contractor or con-
tractors are entitled to in the performance of their contracts,
and he shall pay the cost of plans and specifications of the work
proposed to be done, the salary of the supervising architect and
such other expenses as may be incurred.
SEC. 8. And be it enacted, That this Act shall take effect
from the date of its passage.
Approved April 16th, 1914.
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