126 LAWS OF MARYLAND. [CH. 09

to the Trustees of the Sinking Fund to be held and invested
for the redemption of the Water Bonds of the City of Cum-
berland outstanding, with the right to the Trustees of said
Sinking Fund to purchase any of said bonds and cancel the
same.

SEC. 2. And be it further enacted, That the said Mayor and
City Council shall, by ordinance, cause advertisement to be
made, setting the time and place where bids conditioned as
may be required by said ordinance will be opened for the sale
of said bonds, reserving unto itself the right to reject any and
all bids. Said bids shall be filed with the City Clerk of the City
of Cumberland, and at the time and place advertised shall be
opened by him in the presence of the Mayor and City Council,
and if said bids be satisfactory to the Mayor and City Council,
it shall sell said bonds, or any part thereof, to the highest bid-
der or bidders, of whose ability to comply with the terms of sale
the said Mayor and City Council in its discretion is satisfied.

SEC. 3. And be it further enacted, That upon the sale of
said bonds, the proceeds thereof shall be in a separate fund, and
used by the Mayor and City Council for the purpose of improv-
ing, repairing, extending and other necessary purposes here-
tofore and hereafter affecting the water supply of the City of
Cumberland, and for no other purpose or purposes.

SEC. 4. And be it further enacted, That the Mayor and
City Council shall charge and collect for the water supplied to
the residents of the City of Cumberland and vicinity, a sum
sufficient to pay the expenses heretofore and hereafter neces-
sary for the operating of the water system of Cumberland,
Maryland, and to pay for the redemption of the bonds now
outstanding against the City of Cumberland for water im-
provements, and this bond issue, and the interest on all the
bonded indebtedness of the City of Cumberland, pertaining to
the water system of said city, and the money so charged and
collected shall be kept and maintained in a fund separate, it
being the intention of this Act to enable the Mayor and City
Council of Cumberland to so operate the water supply of
said city that the revenue therefrom shall be used to defray
the heretofore or hereafter expenses connected therewith, pro-
vided if the receipts from the Water Department shall be less
than the expenses in any year or years, the Mayor and City
Council shall levy from time to time such amount on the as-
sessable property of the City as may be necessary to pay the