1674 JOINT RESOLUTIONS.

SEC. A. And be it enacted, That the County Commissioners
of said County shall levy from year to year on the assessable
property of said County such sum of money as shall in, their
discretion be deemed necessary for the prompt payment of the
principal and interest of said bonds.

SEC. 5. And be it enacted, That all sums levied on ac-
count of the principal of said bonds shall be collected by the
County Treasurer of Calvert County, or other officer or officers
who may be authorized by law to collect the State tax 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 Calvert County,
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 to be certified to by the Presi-
dent and Secretary of the savings bank or trust company where
said sinking funds are deposited, shall be published each year
during the first week in January in the papers doing the
County printing; or the said County Commissioners may in-
vest said sinking fund in the purchase of the bonds hereby
authorized to be issued, or the stock or bonds of this State, or
of other States of the Union, or of the City of Baltimore, or
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, investments 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 divert, 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 divi-
dends which may be declared by the 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