570 LAWS OF MARYLAND. [CH. 280

shall be for sums not less than One Hundred dollars ($100)
each, nor more than Five Hundred dollars ($500) each, to be
signed by the Mayor and President of the Council and counter-
signed by the Clerk of said Council with the corporate seal of
said town there to be affixed, bearing interest at not less than
Five per centum per annum, payable semi-annually in each
and every year and dated on the first day of their issue; the
said bonds shall be numbered serially. Bond No. 1 shall be due
and payable Two years after date of issue, and thereafter each
bond shall mature and be payable each consecutive year from
the maturity of Bond No. 1, in the order of their consecutive
numbers; provided, however, the Mayor and Council of Grants-
ville axe hereby given the option to redeem any or all bonds
outstanding Five years from date of issue or at any interest
period thereafter; that all of said bonds issued as aforesaid
shall be due and payable within Sixty years from the date of
their issue, and shall be forever exempt from all county and
municipal taxation for any purpose, and shall have printed on
them a reference to the Act of Assembly authorizing the issue
thereof.

SEC. 2. And be it enacted, That the Mayor and Council
of Grantsville are hereby authorized and empowered to con-
struct and erect water works and sewerage for said town and
to contract for the purchase in fee simple or lease for a term
of years, renewable at their pleasure, any land, real estate,
springs, brooks, water courses or streams, and to use or occupy
forever or for a term of years, any land, real estate, springs,
brooks, water courses or streams, which they may deem expe-
dient or necessary for the purpose of furnishing said town with
water and maintaining said sewerage, and they are hereby in-
vested with all the rights and powers necessary for the induc-
tion of water into the said town and the maintenance of said
sewerage system. If for any cause the said Mayor and Council
of Grantsville shall be unable to agree with any owner of real
or leasehold property, springs, brooks, streams or water courses
or any other material which partake of or is a necessary part
of realty, or for any right of way which they may find necessary
for the conduit of said water and sewerage in its entry into or
in said town or if such owner is under any disability or inca-
pacity to contract or absent out of the county or unknown the
said Mayor and Council of Grantsville is hereby clothed with
the power of condemnation under the right of eminent domain
as provided in Section 251 of Article 23 of the Code of Public