1502 LAWS OF MARYLAND. [CH. 601

CHAPTER 601.

AN ACT to authorize and empower the Commissioners of Leon-
ardtown to build and construct a water supply system includ-
ing drilled wells, receiving reservoir, pumping station, ele-
vated tank and tower, mains, connections and fire hydrants
for the town of Leonardtown; to provide for the mainte-
nance, operation of same; to provide for the issuance of
bonds for the purpose of such construction, and the levy of
taxes, water charges and rates for the payment of said bonds,
and the operation, maintenance, regulation and control of
said system; to provide for the right to condemn property,
and to refer the question of the bond issue to the qualified
voters of said town.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the Commissioners of Leonardtown be and they are
hereby authorized and empowered to build and construct a
water supply system, for the town of Leonardtown, St. Mary's
County, State of Maryland, including drilled wells, receiving
reservoir, pumping station, elevated tank and tower, mains,
connections and fire hydrants, to be erected in said town, and
to run and operate the same for municipal and commercial
purposes, and for the purpose of acquiring, by purchase or
condemnation, whatever property or rights-of-way, and for
doing whatever work is necessary therefor, or to contract for
the services of same with any owner or owners of any existing
water supply or pumping station, the said Commissioners of
Leonardtown are authorized and empowered to borrow money
on the faith and credit of said town not to exceed in the aggre-
gate the sum of thirty-five thousand dollars ($35, 000), and to
issue bonds therefor, to be known as the "Leonardtown Water
Bonds, " said bonds to "be signed by the President of the Com-
missioners of Leonardtown, with his official seal affixed thereto.

SEC. 2. And be it further enacted, That the said bonds shall
be issued in such denomination or denominations and at such
time as the Commissioners of Leonardtown deem best, with
coupons attached thereto for the payment of interest thereon
semi-annually on the first days of January and July in each
and every year until the maturity thereof, said coupons to bear
the signature of the President of the Commissioners of Leon-
ardtown printed or written thereon. Said bonds shall be dated
as of the date of their issue, shall bear interest from the date
thereof at a rate not to exceed five per cent, per annum, paya-
ble semi-annually, and shall be exempt from state, municipal