268 LAWS OF MARYLAND. [CH. 126

on said bonds as it matures, and shall then deposit in some bank
or banks in Mt. Airy in its name as a fund to be known as the
"Water Supply Sinking Fund Account, '' if sinking fund bonds
are used, or as a fund to be known as the "Water Supply Bond
Account, " if serial bonds are used, the amount so raised for
payment of the principal of said bonds. Should receipts from
said taxes or other sources be inadequate to pay the principal
on said bonds, by reason of defaults or otherwise, such defi-
ciency shall be added to and collected in the next year's tax,
if sinking fund bonds are used, or such deficiency shall be made
up by a special tax on all of the property taxed as aforesaid, if
serial bonds are used. The Mayor and Council of Mt. Airy is
authorized to pay the interest on any bonds that it issues prior
to the first tax levying period out of the proceeds of the sale
of said bonds, if necessary. In order that the prompt payment
of interest and the proper provision for the payment of the
principal of said bonds shall be assured, the failure upon the
part of any person, persons, body corporate or agent to pay
over the said funds as required, or to use said funds, or any
part thereof, for any other purpose than for the payment of
the principal and interest on said bonds, is hereby declared a
misdemeanor and punishable as other misdemeanors are punish-
able, by Section 16 of this Act.

SEC. 6. And be it further enacted, That whenever the plans
and specifications for said water supply system for said town
shall have been completed, and said Mayor and Council of Mt.
Airy shall have decided, after opportunity for a hearing has
been given, to proceed with the construction, it shall advertise
by notice in such manner as it may deem proper, for bids for
the construction of said system, in parts or as a whole, as in
its judgment may appear advisable. The contract shall be let
to the lowest responsible bidder, or the Mayor and Council of
Mt. Airy may reject any or all bids, and, if in its discretion
the prices quoted are unreasonable, it may re-advertise the work
or any part of it, or may do any part or all of the work by day
labor, provided that at any time the Mayor and Council of Mt.
Airy may, in its discretion, expend by day labor for construc-
tion work an amount not exceeding $1, 000 without advertising
or receiving bids. The Mayor and Council of Mt. Airy may
purchase the necessary pipe, fire hydrants, valves, specials,
tanks, pumps, motors, engines, or such like equipment if, in its
discretion, it deems it advisable, and may advertise as aforesaid
for bids for the construction of said system in parts, or as a