EMERSON C. HARRINGTON, GOVERNOR. 991

directed to borrow on the credit of said County a sum not to
exceed Forty Thousand Dollars ($40, 000. 00) for the purpose
of building and improving the public road from, the State Road
at Olney to the improved road from Laytonsville to Gaithers-
burg, known as the Olney-Laytonsville Road, as herein pro-
vided. The said County Commissioners shall issue coupon
bonds, under the corporate seal of said County, for the amount
borrowed under the provisions of this Act, the said bonds to
be signed by the President of the Board of County Commis-
sioners and the Clerk thereof, in sums of not less than One
Hundred Dollars ($100. 00) and not more than Five Hundred
Dollars ($500. 00); said bonds to bear interest from the date
of issue thereof, at a rate of not more than Five (5) per cent,
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 respec-
tively for the interest due and payable thereon and which said
bonds shall have printed on them a distinct reference to this
Act authorizing the issue.

SEC. 3. And be it further enacted, That the bonds issued
under the provisions of this Act shall be redeemed as follows:
that is to say: Not less than One Thousand Dollars thereof
in one year from the date of their issue and thereafter annu-
ally One Thousand Dollars each and every year until the whole
amount of said bonds and coupons 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 Commission-
ers, and none of said bonds shall be sold for less than par and
accrued interest.

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 First and Eighth Election Districts
an additional tax annually, sufficient to pay the said bonds and
interest, as the said bonds and interest coupons may severally
mature as herein provided, and the said additional tax shall
be levied: Forty (40) per cent, in the First Election District
and Sixty (60) per cent, in the Eighth Election District of
said County and the said special tax or levy shall be a lien
upon the taxable property of the said First and Eighth Elec-
tion Districts and the said tax shall be collected in a like man-
ner as other taxes levied in said County are collected and when