814 LAWS OF MARYLAND. [CH. 372

things necessary for the issuance of any such bonds and their
sale under the most advantageous conditions., and it is author-
ized and required to levy the necessary taxes upon the taxable
property of the corporation to provide for the payment of the
interest on such bonds, and to create a sinking fund for their
payment upon maturity, and it is authorized to do all other
things in connection with the issuance, sale and payment of
the bonds at maturity and interest thereon, as it shall accrue
(for the purpose of street extensions and for permanent im-
provements of existing streets in said town), provided for
under any such ordinance or ordinances as may be necessary or
proper, said bonds to be issued in such manner, for such
amounts, and to be payable at such time, and to bear such rate
of interest as the Mayor and Council of Brunswick shall by
ordinance provide. And the Mayor and Council of Bruns-
wick may, in their discretion, issue serial bonds, which shall be
redeemable, fall due or mature in series or in installments;
and all bonds issued in pursuance of this Act shall be exempt
from county and municipal taxation.

Approved April 13th, 1922.

CHAPTER 372.

AN ACT to authorize the Mayor and Council of Brunswick,
Frederick County, Maryland, to issue and sell bonds to an
amount of money not exceeding twenty thousand ($20,000)
dollars for the purpose of improving and developing; the
water system and completing the reservoir of the town of
Brunswick, in Frederick County, Maryland.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the Mayor and Council of Brunswick, Frederick
County, Maryland, is hereby authorized and empowered to
issue and sell bonds to an amount of money not exceeding
twenty thousand ($20,000) dollars for the purposes and under
the conditions set forth in this Act.

SEC. 2. Be it enacted, That the Mayor and Council of
Brunswick, Frederick County, Maryland, is hereby authorized
to prepare an ordinance or ordinances setting out the purpose
or purposes to which the proceeds from the sale of bonds pro-
vided for under the terms of this Act shall be devoted, and
submit the same to the duly qualified voters of the town of