1286 LAWS OF MARYLAND [Cu. 675

thousand dollars ($14,000) of which shall be applied for the
construction of the said Jones Mill Road, and not more than
the remaining six thousand dollars ($6,000) of which shall be
applied for the construction of the said Friendship Heights
Road; and the said County Commissioners shall issue coupon
bonds under the corporate seal of 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 of not less than one hundeed dollars ($100) and not
more than five hundred dollars ($500) ; 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,
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 fol-
lows, that is to say, not less than one thousand dollars ($1,000)
thereof in one year from the date of their issue and thereafter
annually one thousand dollars ($1,000) 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 Commission-
ers shall issue the said bonds in series, redeemable in their
proper order; and the said bonds shall be sold after due adver-
tisement 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.

SEC. 4. And be it further enacted, That the said County
Commissioners shall cause to be levied upon and collected on
the assessable property of the Seventh Election District, an
additional tax annually sufficient to pay the said bonds and
interest, or coupons as they severally mature, as provided
herein, and the said special tax or levy shall be a lien upon
the taxable property of said Seventh Election District of said
county, and the said tax shall be collected in like manner as
other taxes levied in said county are collected, and when col-
lected shall be applied, as hereinafter provided, to the pay-
ment of said bonds as they severally mature and the interest
thereon, semi-annually, which said bonds and coupons, when