1214 LAWS OF MARYLAND [CH. 609

thereof, to be signed by the President of the Board of County
Commissioners of said County and countersigned by the
Clerk of said Board, to bear interest at a rate not exceeding
six per cent per annum, payable semi-annually on January
first and July first in each and every year during which said
bonds shall be outstanding and remain unpaid, and to be
exempt from State, Municipal and County taxation. The said
bonds shall have written on them a distinct reference to the
Act authorizing the issue, and shall be designated as Somerset
County Road Bonds.

SEC. 2. And be if further enacted, That, the said bonds
shall be issued at such time or times as the County Commis-
sioners may decide upon, and so issued that bonds to the
extent of four thousand ($4,000) dollars shall mature and
become payable five years from the date of issue thereof, and
four thousand ($4,000) dollars on the same date each year
thereafter until the entire issue of bonds shall have matured
and been paid; and said bonds shall be sold after due adver-
tisement to the highest bidder or bidders and said Commis-
sioners shall have the right to reject any or all bids.

SEC. 3. And- be it further enacted, That the proceeds of the
sale of said bonds shall be used for the construction of roads
in said county in accordance with the provisions of the State
Roads Law for the construction of State-aid or lateral roads.

SEC. 4. And be it further enacted, That the County Com-
missioners of Somerset County be and they are hereby author-
ized and directed to levy annually on the taxable property of
.said County a sum of money sufficient to pay the interest on
said bonds and to redeem said bonds as they mature and
become payable, and said taxes shall be collected in like man-
ner as other taxes in said County, and when collected shall
be applied to the payment of the interest on said bonds and
to the redemption of said bonds as they mature and become
payable.

SEC. 5. And be it further exacted, That this Act shall take
effect June 1, 1920.

Approved April 16, 1920.