EMERSON C. HARRINGTON, GOVERNOR. 223

CHAPTER 137.

AN ACT to authorize and empower The Mayor and Aldermen
of Frederick to issue and sell serial coupon bonds for either
or both of the following purposes: First, for the purpose of
redeeming the bonds heretofore issued by the Corporation
of Frederick in pursuance of Chapter 44 and Chapter 195
of the Acts of the General Assembly of Maryland of 1888,
and in pursuance of an Ordinance enacted and ordained by
the Corporation of Frederick on the 28th day of May, 1888,
providing for the issuance of said bonds, under the pro-
visions of which the Corporation of Frederick issued and
sold bonds to the extent of Five Hundred and Twelve Thou-
sand Five Hundred Dollars, ($512, 500. 00); Second, for
the purpose of redeeming the bonds issued by the Corpora-
tion of Frederick in pursuance of Chapter 323 of the Acts
of the General Assembly of Maryland of 1894, and in pur-
suance of an Ordinance enacted and ordained by the Cor-
poration of Frederick on the 16th day of May, 1894, pro-
viding for the issuance of said bonds, under the provisions'
of which the Corporation of Frederick issued and sold bonds
to the extent of Thirty-Five Thousand Dollars, ($35, -
000. 00); and to provide for the payment of the interest on
said bonds, and for the payment of the principal thereof,
from the available net receipts derived from the Water Sys-
tem belonging to the Corporation of Frederick; provided,
however, that if the available net receipts derived from
water rents and applied to the payment of the interest and
the principal on said bonds is not sufficient for that pur-
pose, The Mayor and Aldermen of Frederick shall provide
for the levy and collection of all taxes necessary for the pay-
ment of the interest on said bonds and to redeem and pay
off said bonds as they mature,

SECTION 1. Be it enacted by the General Assembly of
Maryland, That The Mayor and Aldermen of Frederick is
hereby authorized and empowered to issue and sell serial cou-
pon bonds of the said Corporation for either or both of the fol-
lowing purposes: First, for the purpose of redeeming the
bonds heretofore issued by the Corporation of Frederick in pur-
suance of Chapter 44 and Chapter 195 of the Acts of the Gen-
eral Assembly of Maryland of 1888, and in pursuance of an
Ordinance enacted and ordained by the Corporation of Fred-
erick on the 28th day of May, 1888, providing for the issu-
ance of said bonds, under the provisions of which the Corpora-