ALBERT C. RITCHIE, GOVERNOR. 1455

ever exempt from all taxation for state, county, municipal and
county school purposes, and shall have printed on them a dis-
tinct reference to this Act authorizing their issue.

SEC. 2. And be it enacted, That said bonds shall be issued
and paid upon the serial annuity plan hereinbelow specified,
and all within twenty-six years after the issuance thereof and

each series as issued shall be dated July 1, 1922, and lettered
beginning with the letter "A" and so ou down the alphabet
until the said amount of four hundred thousand dollars ($400,-
000) shall have been issued, so that the entire principal sum
shall be reedemable as follows:

Series A............ $16,000 July 1, 1924

Series B............ 16,000 July 1, 1925

Series C............ 16,000 July 1, 1926

Series D............ 16,000 July 1. 1927

Series E............ 16,000 July 1, 1928

Series F............ 16,000 July 1, 1929

Series G............ 16,000 July 1, 1930

Series H............ 16,000 July 1, 1931

Series I............ 16,000 July 1, 1932

Series J............ 16,000 July 1, 193S

Series K............ 16,000 July 1, 1934

Series L............ 16,000 July 1, 1935

Series M............ 16,000 July 1, 1936

Series N............ 16,000 July 1, 1937

Series O............ 16,000 July 1, 1938

Series P............ 16,000 July 1, 1939

Series Q............ 16,000 July 1, 1940

Series R............ 16,000 July 1, 1941

Series S............ 16,000 July 1, 1942

Series T............ 16,000 July 1, 1943

Series U............ 16,000 July 1, 1944

Series V............ 16,000 July 1, 1945

Series W............ 16,000 July 1, 1946

Series N............ 16.000 Julv 1, 194T

Series Y............ 16,000 July 1, 1948

and the same shall be sold after the said County Commissioners
shall have advertised twice a week for four successive weeks
in one newspaper published in Anne Arundel County and in
one newspaper published in Baltimore City, that they will be
in readiness to receive sealed bids at such place and time as
may be named in said advertisement, for the purchase of such