934 LAWS OF MARYLAND.

ment of the said interest and the redemption of the said bonds
at maturity.

SEC. 4. And be it enacted, That the County Commissioners
of said County shall levy from time to time on the assessable
property of the said company such sum or sums of money as
shall in their discretion be proper and necessary for the prompt
payment of the interest of said bonds and the principal, when
due.

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 St. Mary's County, or any other officer or officers
who shall be authorized by law to collect State taxes in said
County, or if there shall 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 collect
the County taxes in said County, and the said money when so
collected, shall be subject to the order of the County Commis-
sioners of St. Mary's County, and shall be by said County Com-
missioners deposited in the banking or financial institutions of
said County, authorizing to accept money on deposit in equal
and exact proportion as near as possible to ascertain same 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, to be certified to by the
cashiers of said financial or banking institutions where the sink-
ing fund is deposited, shall publish each year during the first
week in January in the papers doing the County's printing; or
the said County Commissioners may invest said sinking fund in
the purchase of the bonds hereby authorized to be issued, or the
stock and bonds of this State or of other States of the Union,
or of the City of Baltimore, or of the Counties or municipali-
ties of the State for the purpose of creating a sinking fund for
the redemption of said, bonds at maturity, and the interest, in-
come 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 may mature; and any person or persons either as public
officials or otherwise, who shall attempt to violate said sinking
fund, shall be guilty of a misdemeanor, and upon indictment
and conviction, shall be fined a sum not exceeding One Thou-
sand Dollars ($1,000), and confined in the County Jail for a
term not exceeding one year.