ALBERT C. RITCHIE, GOVERNOR. 891

CHAPTER 403.

AN ACT to authorize and empower the Commissioners of Mil-
lington, Kent County, Maryland, to borrow money on the
credit of the town of Millington, Kent County, Maryland,
for the purpose of securing fire equipment for said town and
to issue bonds for the. payment of the same and levy on the
assessable property of said town, to redeem said bonds and
pay the interest on same.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the Commissioners of Millington, be, and they are
hereby authorized and empowered to issue bonds in the name
of the Commissioners of Millington to an amount not exceed-
ing ten thousand ($10,000) dollars, in sums not less than one
hundred ($100) dollars, to be signed by the Commissioners of
Millington under the corporate seal of said Commissioners, to
be designated as "Millington Fire Equipment Bonds," bear-
ing interest at a rate to be fixed by the Commissioners of Mil-
lington not exceeding six per centum per annum, payable semi-
annually on the first day of July and the first day of January
of each year. Said bonds to be exempt from all county and
municipal taxation in Kent County and the due or over-due
coupons for interest on same shall be received by the Commis-
sioners of Millington in payment of town taxes. Said bonds
shall bear date as of July 1st, 1922, and be payable in sums
of five hundred ($500) dollars in each of the years beginning
with the first day of July, 1923, and each year thereafter until
fully paid. Said bonds to be numbered consecutively and to
be redeemed in the order in which they are numbered but said
bonds shall be redeemed at the option of the Commissioners
of Millington after ten years from the date of the issue.

SEC. 2. And be it further enacted, That said Commissioners
of Millington are hereby authorized and directed to advertise
at least once a week for four successive weeks in two news-
papers published in Kent County and a newspaper published
in the City of Baltimore for sealed proposals for the negotia-
tion of said bonds and on a certain day to be named in said
advertisement, the said Commissioners of Millington, shall, in
the presence of such persons as may be interested in said bonds,
open all bids received and award the bonds to the highest bidder,
provided that no bids less than par shall be accepted and re-
serving; the right to reject any and all bids and to re-advertise
for new bids.