PHILLIPS LEE GOLDSBOROUGH, GOVERNOR. 1757

SEC. 5. And be it enacted, That all sums levied on account of
the principal of said bonds shall be collected by the County
Treasurer of Anne Arundel County, or other officer or officers
who may be authorized by law to collect the State taxes in said
County, or if there should be at any time no State tax levied
by law, then in that case by such County Treasurer, collector
or other officer or officers as may be by law authorized to col-
lect the County taxes-in said County, and shall be subject to
the order of the County Commissioners of Anne Arundel Coun-
ty when collected and shall be by said County Commissioners
deposited in some savings bank or trust company to meet the
interest upon said bonds, and to create a sinking fund for the
redemption of said bonds at maturity, and a statement of the
condition of said sinking fund be certified to by the president
and secretary of the savings bank or trust company where said
sinking funds are deposited, shall be published each year dur-
ing the first week in January in the papers doing the County
printing or the said County Commissioners may invest said
sinking fund in the purchase of the bonds hereby authorized
to< be issued, or the stocks or bonds of this State or of other
State of the Union or of the City of Baltimore, or of any of
the Counties or municipalities of this State, for the purpose of
creating a sinking fund for the redemption of said bonds at
maturity. And the interest, income or dividends derived from
such investment shall also be from time to time so invested by
the County Commissioners, and the said sinking fund and the
investment thereof shall be kept sacred and inviolate for the
redemption of said bonds as they shall mature, and any person
or persons, either as public officials or otherwise, who shall di-
vert or attempt to divert said sinking fund, shall be guilty of
a misdemeanor and upon indictment and conviction shall be
fined a sum not exceeding one thousand dollars, and confined
in the County jail for a term not exceeding one year.

SEC. 6. And be it enacted, That until the payment in full of
the whole amount of the principal of said bonds all dividends
which may be declared by tho. said company upon the said stock
so to be subscribed for shall, so long as the said stock shall
continue to be owned by the County and held by the County
Commis-sioners, be paid by the said company to said County
Commissioners to be invested by them in the increase of said
sinking fund, is invested in stocks and bonds, as provided in
Section 5, it shall be the duty of the County Commissioners to
publish during the first week of January in each year, under
their hands and seals, in the newspapers published in Anne