ALBERT C. RITCHIE, GOVERNOR. 91

SEC. 3. And be it enacted, That in negotiating the sale of
said bonds provided for in this Act, the Comity Commissioners
of Queen Anne's County shall first give not less than three
weeks notice by advertisement in two newspapers printed and
published in Queen Anne's County, and also by advertisement
once a week for three successive weeks in one or more news-
papers printed and published in Baltimore City, inviting pro-
posals in writing for the purchase of said bonds, and on a
certain day to be named in said advertisements, said County
Commissioners shall in their office in the Court House in
Centreville, Queen Anne's County, Maryland, open all bids
received, and the said bonds shall be disposed of to the highest
bidder for cash at not less than the par value and accrued
interest thereof; but the said County Commissioners shall have
the power to refuse and reject any and all bids, and to re-
offer the same bonds as above provided or at private sale, in
their discretion, if the said bids received under the first offer
are below the par value with accrued interest; provided that
said bonds shall not be disposed of by said County Commis-
sioners at less than par value, together with accrued interest
thereon.

SEC. 4. And be it enacted, That the said bonds shall be
issued in series from one to eleven, inclusive, each series con-
sisting of three thousand dollars of said amount, and shall be
redeemable and payable as follows: Three thousand dollars
thereof on the first day of January in the year 1927 and there-
after annually on the first day of January in each and every

year three thousand dollars thereof, until the whole amount
so issued shall have been paid.

SEC. 5. And be it enacted, That for the purpose of re-
deeming said bonds at their maturity and for securing the
prompt payment of the interest thereon, the said County Com-
missioners are hereby empowered and directed to annually levy
on the assessable property of the said county such sum or
sums of money as shall in their discretion be necessary for the
prompt payment of the interest on said bonds and the princi-
pal thereof when the same shall become due, which said sum
or sums then levied shall be strictly applied to the payment
of said interest and to the redemption of said bonds, as the
same shall mature, and to no other debts or obligations of the
said county; and the said levy to be designated on the records
of the office of the said County Commissioners, and on the
face of said bonds, as ''School Emergency Bond Fund"; said