354 LAWS OF MARYLAND. [CH. 193

half (3 1/2) miles, more or less, as herein provided; and the
said County Commissioners shall issue coupon bonds under the
corporate seal of the said County Commissioners for the amount
borrowed under the provisions of this Act, the said bonds to be
signed by the President of the Board of County Commissioners
and countersigned by the Clerk thereof, in sums not lees than
One Hundred ($100. 00) Dollars and not more than Five Hun-
dred ($500. 00) Dollars; the said bonds to bear interest from
the date of issue thereof at the rate of not more than, five per
centum per annum, payable semi-annually, and which said
interest to the maturity of each of said bonds shall be provided
for and set forth in the coupons attached to each of said bonds,
respectively, for the interest due and payable thereon, and
which said bonds shall have printed on them a distinct refer-
ence to this Act authorizing their issue.

SEC. 3. And be it further enacted, That all bonds issued
under the provisions of this Act shall be redeemable as follows,
that is to say, not less than Five Hundred ($500. 00) Dollars
thereof in one year from the date of their issue and thereafter
annually not less than Five Hundred ($500. 00) Dollars each
and every year until the whole amount of said bonds and cou-
pons shall have been fully paid, and to this end the. said County
Commissioners shall issue the said bonds in series, redeemable
in their proper order; and the said bonds shall be sold after
due advertisement at public or private sale, in the discretion
of the said County Commissioners and none of said bonds shall
be sold for less than par and accrued interest thereon.

SEC. 4. And be it further enacted, That the said County
Commissioners shall cause to be levied upon and collected
from the taxable property of the Sixth Election District of said
County an additional tax, annually sufficient to pay the said
bonds and interest as the said bonds and interest, or coupons,
may severally mature, as provided herein; and the said special
tax or levy shall be a lien upon the taxable property of the
said Sixth Election District, and the said tax shall be collected
in a like manner as other taxes levied in said County are col-
lected, and when collected shall be applied as hereinafter pro-
vided, to the payment of the said bonds as they severally ma-
ture and the interest thereon, semi-annually, which said bonds
and coupons, when issued shall be a lien upon the taxable
property of the said Montgomery County and shall be non-
contestable for any cause whatsoever, and the said bonds and
coupons, so issued, when redeemed whether before or at ma-