ALBERT C. RITCHIE, GOVERNOR. 407
CHAPTER 178.

AN ACT to authorize and empower the Mayor and City Coun-
cil of Havre de Grace, in Harford County, to issue bonds
and to use the proceeds arising from the sale thereof for
the construction of a sewerage system in the said city of
Havre de Grace, and providing for the submission of the
question of the issue of said bonds to the legal and quali-
fied voters of said city.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the Mayor and City Council of Havre de Grace, in
Harford County, be and they are hereby authorized and em-
powered, in their discretion and subject to the provisions of
section 4 of this Act, borrow upon the faith and credit of the
said city of Havre de Grace a sum not exceeding thirty-five
thousand ($35, 000) dollars, and to issue and sell coupon or
registered bonds therefor in sums of not less than one hundred
($100. 00) dollars nor more than one thousand ($1, 000) dollars
each, to be signed by the Mayor and countersigned by the
Treasurer of said city and to be sealed with the seal of said
city. Said bonds shall be known and designated as "Sewerage
Bonds" and shall bear interest at the rate of five per centum
(5%) per annum, payable semi-annually on the first days of
January and July in each and every year until said bonds
are paid; said bonds shall be exempt from all State, county
and municipal taxation and shall have printed on them a dis-
tinct reference to the Act authorizing their issue.

SEC. 2. And be it further enacted, That said bonds shall be
so issued that one thousand dollars thereof shall become due
and payable one year from the date of their issue, and one
thousand dollars in each and every year thereafter until the
whole amount so issued shall have been paid; and said bonds
shall be sold at public or private sale in such amounts, not less,
however, than five hundred ($500. 00) dollars at any one time
and not exceeding in the total the said sum of thirty-five
thousand ($35, 000) dollars, and at such time as the Mayor and
City Council of Havre de Grace, in their discretion, may deem
proper. It is especially intended that the power hereby vested
in said Mayor and City Council shall be a continuing power
until the whole thirty-five thousand ($35, 000) dollars of bonds
shall have been issued and sold.