342 LAWS OF MARYLAND. [CH. 170

simile, or written by the said officers, whichever the said Com-
missioners may determine, the bonds to each have the corpo-
rate seal of the municipal corporation of Cambridge, Dorches-
ter County, Maryland, attached. A schedule of the said bonds,
to be issued, being as follows:

Series A: Series A-l to Series A-10, inclusive,

$10, 000. 00, 5 years from date of issue of bonds.
Series B: Series B-l to Series B-10, inclusive,

$10, 000. 00, 10 years from date of issue of bonds.
Series C: Series C-l to Series C-10, inclusive,

$10, 000. 00, 15 years from date of issue of bonds.
Series D: Series D-1 to Series D-10, inclusive,

$10, 000. 00, 20 years from date of issue of bonds.
Series E: Series E-l to Series E-10, inclusive,

$10, 000. 00, 25 years from date of issue of bonds.
Series F: Series F-l to Series F-10, inclusive,

$10, 000. 00, 30 years from date of issue of bonds.
The said bonds to be dated either July 1st, or January 1st,
of the year issued, in the discretion of the Commissioners, the
principal of said bonds to all be paid within thirty (30) years
from the date of issue, and redeemable as above set forth. Each
of the said bonds to bear coupons as aforesaid, one coupon for
each semi-annual interest payment.

SEC. 2. The Commissioners of Cambridge, shall sell the
said bonds after the advertisement by them of the same, in two
newspapers published in the town of Cambridge, county and
state aforesaid, and also by such further advertisement of the
sale, as the said Commissioners shall deem proper, giving rea-
sonable notice of the time, place, manner and terms of the
sale, inviting sealed proposals for all of the said bonds, with
the privilege and right, however, to the said Commissioners,
to reject any and all bids or offers, with the power to the said
Commissioners, if they should reject all of said bids, to sell the
same by re-advertisement, or at private sale, if they can be
sold at private sale at a price greater than offered at public
sale, as aforesaid.

The said bonds shall all be exempt from all state, county and
municipal taxation.

SEC. 3. And be it further enacted. That "The Commis-
sioners of Cambridge" are hereby authorized, empowered and
required to levy annually upon the assessable property within
the corporate limits of Cambridge, a tax sufficient to pay the
interest on said bonds by them to be issued in pursuance of this