432 LAWS OF MARYLAND. [CH. 101

treasurer of said county, and shall be deposited by the said
treasurer in some bank, savings institution or trust company,
that will guarantee to pay interest at the best rate on daily bal-
ances, and the so deposited fund shall be drawn only on checks
signed by the president of said Board of County Commission-
ers and the said county treasurer.

SEC. 14. And be it further enacted, That the said County
treasurer shall keep in a book, to be provided for that purpose,
a full registry of the bonds sold, the different series, serial
numbers of the bonds and names of the purchasers, the amount
realized therefor and all transfers and assignments thereof.

SEC. 15. And be it further enacted, That, for the purpose of
redeeming said bonds at their maturity and for securing the
prompt payment of the interest coupons, the said Board of
County Commissioners shall annually until the maturity of the
last of said bonds, issued under the authority of this Act, levy
a tax upon the assessable property of said county sufficient to
pay the interest on said bonds sold and unredeemed; and for
the year 1926 and annually thereafter, the said Board of Coun-
ty Commissioners shall levy a tax upon the assessable property
of said county sufficient annually to pay and redeem the series
of bonds payable in each of said years.

SEC. 16. And be it further enacted, That no portion of the
taxes levied under the authority of this Act shall be diverted or
used for any other purpose than the payment of said interest
coupons and the liquidation and payment of said bonds.

SEC. 17. And be it further enacted, That, in order to pro-
vide for the selling of said bonds, to be issued under the pro-
visions of this Act, the said County Commissioners of Carroll
County or a majority of them are hereby directed to advertise
for at least once a week for four successive weeks before each
series of said bonds or any part thereof shall be sold, in such
newspapers printed and published in Carroll County or else-
where as may be determined by said County Commissioners or
a majority of them, that the said County Commissioners will
be in readiness at any time within fifteen days after the expira-
tion of said notice to receive bids at such place or places as
may be named in said respective advertisements for bonds is-
sued under the provisions of this Act, under such regulations
as may be made in the discretion of said County Commissioners
or a majority of them; and the accrued interest between the
date of the bonds and the time of the sale and delivery of any