PHILLIPS LEE GOLDSBOROUGH, GOVERNOR, 493

cent, per annum from date of notice to date of maturity and
at the rate of eight per cent, per annum from date of maturity
to date of payment; all interest shall be payable annually from
date of notice of the issuance of tax bills. If any instalment
of any such special tax bills, or any interest on any instalment,
be not paid when due, then, at the option of the holder thereof,
all remaining instalments shall become due and collectible, to-
gether with interest thereon as aforesaid. Suits may be brought
to enforce the payment of such special tax bill, or any instalment
or instalments thereof, with any interest due on any instalment,
in the manner herein provided for the bringing of such suits on
other special tax bills.

Whenever any special tax bill issued heretofore, or hereafter
to be issued, shall be paid, it shall be entered satisfied on the
register and plats in the treasurer's office, and the lien of any
bill so issued that is not entered satisfied within two years after
its maturity, unless proceedings in law shall have been com-
menced to collect the same within that time, and shall still
be pending, shall be destroyed, and of no effect against the
land charged therewith; provided, however, that when bills
are not paid in instalments, the lien thereof shall terminate
within two years after their date, unless such proceeding shall
have been commenced within that time and be still pending.

Special tax bills and the liens thereof shall be assignable.
Every transfer of special tax bills shall be registered in the
office of the county treasurer, and no transfer thereof shall be
valid and effectual until it is so registered. Every transfer shall
be in writing, and witnessed by the treasurer personally, or by
one of his deputies, duly acknowledged before a notary public, or
other officer authorized to take acknowledgments and in each
transfer there shall be designated the name of some bank or
trust company located in and doing business in said County,
to whom payment of the said tax bill, or any of the instalments
thereof, or of any interest on any instalment thereon, may be
made at or after maturity; and payment made to the designated
bank or trust company, shall be sufficient to procure the partial
or total entry of satisfaction of such bill, as the case may be,
in the office of the treasurer on presentation to the treasurer
of the tax bill, duly receipted, by such designated bank or trust
company showing such payment.

SEC. 4. And be it further enacted, That said District of Sil-
ver Spring Park is defined as follows: To include the property
covered by and known as R. Holt Easly's Sub-Division of Silver