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ALBERT C. RITCHIE, GOVERNOR. 379
shall be issued, as determined by said Commissioners; and bi-
ennially thereafter in numerical succession a bond with the
interest thereon shall be redeemed and cancelled by said Com-
missioners until the whole of said bonds and interest are finally
paid.
The said bonds, or so many thereof as may be deemed neces-
sary by said Commissioners, shall be advertised and sold to the
highest bidder, or bidders, for cash, provided that they shall
not be sold for less than their par value and accrued interest,
the said Commissioners to have the right to reject any and all
bids.
SEC. 3. Be it enacted that for the purpose of redeeming
said bonds as they shall severally mature and to secure pay-
ment of the interest thereon, the Commissioners of St. Michaels
shall create a sinking fund to be known as " The Water Works
Extension Sinking Fund", to the credit of which fund, for
for payment of said bonds and interest, shall be deposited in
some bank to be selected by said Commissioners, all moneys
levied and collected for the purposes of this Act.
And for the purposes of this Act, the Commissioners of St
Michaels shall annually levy upon the assessable property of
said town of St. Michaels such special tax as may be necessary
to pay said bonds with interest thereon as they shall severally
mature until said bonds and interest thereon shall be finally
discharged. And the funds arising hereunder shall not be
used for any other purpose than is hereinbefore directed.
Approved April 13th, 1022.
CHAPTER 165.
AN ACT to repeal and re-enact with amendments Section 469
of Offutt's Code of Public Local Laws of Baltimore County
of the edition of 1915 as said section was repealed and re-
enacted with amendments by Chapter 4 of the Acts of 1920,
relating to the Roads Engineer of Baltimore County.
Be it enacted by the General Assembly of Mary-
land, That Section 469 of Offutt's Code of Public Local Laws
of Baltimore County of the edition of 1915, as said section was
repealed and re-enacted with amendments by Chapter 4 of the
Acts of 1920, be and the same is hereby repealed and re-
enacted so as to read as follows:
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