100-i LAv\-s OF MARYLAND. [Cir. 4S5

and each of said series of bonds shall be issued and sold as
of the first day of July or the first day of January in any
year; and said bonds shall bear attached thereto coupons
as hereinbefore provided for the said semi-annual payments
of interest accruing after the date of the selling of said
bonds; and each of said series of bonds shall mature arid be
redeemable within a period not exceeding thirty years from
the date of issue; and under such conditions as shall be de-
termined by resolution by the said Board of County Com-
missioners, and said Commission; and provided that all of
said bonds shall mature and be redeemable not later than
thirty years from the date of issue.

SEC. 4. And be it further enacted, That when the said Board
of County Commissioners, and the Commission shall have been
notified by the Board of Education of Howard County of its de-
sire to avail itself of the provisions of this Act and of the new
public school building or buildings it proposed to erect and
equip, or old public school building, or buildings which it pro-
poses to enlarge and equip or permanently improve and of the
amount of money that it will require for the erection, enlarg-
ing and equipping each of said buildings, and when the con-
tract therefor shall have been awarded as hereinafter pro-
vided, said Board of County Commissioners and said Commission
shall advertise and sell said bonds as hereinbefore provided, or so
many thereof as may be necessary to produce the sum of money
designated by said Board of Education, but in no event shall
the credit of the County be pledged to an amount in excess of
Sixty Thousand Dollars ($60,000) for said purpose; and the
said Board of County Commissioners and said Commission shall
pay over to said Board of Education the entire proceeds of
the sale of said bonds, less the amount expended in payment
of the expense of engraving, printing and other outlays in
connection with the issue of the loan hereby authorized and for
the payment of the advertising directed by this Act, and all
other incidental expenses connected with the execution of its
provisions in connection with said loan; and the said Board of
Education shall account for the same and the expenditure
thereof in the same manner as it accounts for other monies
passing through its hands.

SEC. 5. And be it further enacted, That said Board of Edu-
cation shall award the contract for the work of erecting new
school buildings and equipping the same with heating plant,