244 LAWS OF MARYLAND.

an annual sum to pay such bonds and the interest thereon as
they mature, and to appoint a commission for the building
and equipping of said public school house.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the County Commissioners of Kent County are hereby
authorized and directed to borrow on the credit of said County
an amount not exceeding Six Thousand Dollars, and to issue
coupon bonds therefor, in sums of not less than One Hundred
Dollars, nor more than One Thousand Dollars, to be signed by
the President of said Board of County Commissioners and
countersigned by the Clerk thereof, and under the corporate
seal of said Board of County Commissioners, to be designated as
"Kennedyvalle Public School Bonds," bearing interest at a
rate to be fixed by the County Commissioners of Kent County
not exceeding five per centum per annum, payable semi-annually
on the first day of July and on the first day of January of each
year, which bonds shall be exempt from all County and Munici-
pal taxation in Kent County, and the due or over-due coupons
for interest shall be received by the Treasurer of said County in
payment of County Taxes. Said bonds shall bear date as of
January 1, 1915, and be payable in sums of One Thousand
Dollars in each of the years beginning with nineteen hundred
and sixteen and each year thereafter until fully paid, said bonds
to be numbered consecutively and to be redeemed in the order
in which they are numbered.

SEC. 2. And be it enacted, That the County Commissioners
of Kent County are hereby authorized and directed to adver-
tise at least once a week for four successive weeks in two news-
papers published in Kent County and once a week for four
successive weeks in a newspaper published in Baltimore City
for sealed proposals for the negotiations of said bonds, and
on a certain day to be named in said advertisements, said County
Commissioners shall in their office in the Court House, in Ches-
tertown, open all the bids received and award the said bonds
to the highest bidder, provided no bid less than par shall be ac-
cepted.

SEC. 3. And be it enacted, That the County Commissioners
of Kent County shall in each and every year levy upon the
assessable property in Kent County such sums of money as
may be necessary to pay the interest on said bonds as said
interest shall become due, and also to levy such sums in addi-
tion as may be required to pay or redeem said bonds as the