ALBERT C. RITCHIE. GOVERNOR. 715

Clerk of the said Commissioners in a book kept for that
purpose.

SEC. 2. And be it enacted, That the said bonds shall be
issued in sums of one thousand dollars ($1,000.00) with cou-
pons attached thereto for the payment of interest thereon semi-
annually on first days of July and January, in each and every
year until the maturity thereof. Said coupons to bear the
signature of the President of the Commissioners of Millington
printed or written thereon. Said bonds shall be dated the first
day of July, in the year nineteen hundred and twenty, shall
bear interest from the date thereof at a rate not to exceed 6
per cent per annum, payable semi-annually and shall be
exempt from municipal and county taxation, provided, that if
for any reason the commencement of the work of constructing
the water supply and sewerage system, as provided by this
Act, shall be delayed beyond July 1, 1920, then the said Com-
missioners of Millington are authorized and directed to date all
of said bonds at such period of any year, in which the work of
constructing said systems shall be started, as may be suitable,
and to fix the maturity of said bonds at 57 years from this
date, said bonds and the coupons thereon to be payable in the
same manner as herein provided. Said bonds shall be num-
bered consecutively and shall be redeemable in the order in
which they are numbered, in the sum of one thousand dollars
($1,000) in each year beginning two years from the date said
bonds are issued and one bond shall be paid each year there-
after until all said bonds shall be paid. When the said bonds
shall be executed as herein prescribed the said Commissioners
of Millington shall advertise the same in at least two news-
papers published in Kent County, and if they deem it advisable
in one newspaper published in the City of Baltimore, inviting
sealed proposals for the purchase of said bonds or any part
thereof, with the privilege to said Commissioners of Millington
to reject any or all bids. The Commissioners of Milling-ton
aforesaid may advertise the said bonds for such length of time
as in their discretion is adequate notice to the public and
may offer all of said bonds for sale at the same time, or may
offer them at different intervals in such installments and
amounts as they may deem it advantageous to said town in
carrying on the work of construction or acquiring the property
for which the same are issued. The money arising from the
sale of said bonds shall be kept as a separate fund by the Com-